YEARLY HIGH
0.1255 OMR
YEARLY LOW
0.1113 OMR
YEARLY AVERAGE
0.1198 OMR

2021 GEL to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.1255. Conversely, the yearly low was recorded on May 1, dropping to 0.1113.

This high-to-low spread represents a total annual volatility of 0.0142 OMR. From a start-to-finish perspective, comparing the January average rate of 0.1166 to the December average rate of 0.1243, the exchange rate registered a net change of 6.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1255 was down 9.38% compared to the 2020 peak of 0.1385, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 628 OMR
2020 Average 620 OMR
Yearly Trough Low 556 OMR
Transaction Impact: A difference of 71.19 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1256
0.1109
JanuMarcMayJulySeptNove

GEL to OMR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1161, compared to 0.1236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.1161
H2 Avg (Jul–Dec) 0.1236

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0068 OMR (High: 0.1181 / Low: 0.1113). On the other end, September was the most stable month, with a tight range of 0.0005 OMR (High: 0.1242 / Low: 0.1237).

May Spread (Volatile) ±0.0068
September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0033 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1243) against the same month in 2020 (average: 0.1169), the exchange rate shifted by +0.0075 (+6.39%).

2021 Avg (December) 0.1243
2020 Avg (December) 0.1169

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1174 0.1162 0.1166
February 0.1168 0.1155 0.1162
March 0.1160 0.1129 0.1154
April 0.1132 0.1113 0.1121
May 0.1181 0.1113 0.1142
June 0.1240 0.1181 0.1221
July 0.1253 0.1216 0.1234
August 0.1252 0.1234 0.1242
September 0.1242 0.1237 0.1239
October 0.1238 0.1222 0.1229
November 0.1244 0.1217 0.1228
December 0.1255 0.1232 0.1243