YEARLY HIGH
405.4983 JMD
YEARLY LOW
368.6893 JMD
YEARLY AVERAGE
391.2297 JMD

2021 OMR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the OMR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 405.4983. Conversely, the yearly low was recorded on January 6, dropping to 368.6893.

This high-to-low spread represents a total annual volatility of 36.8090 JMD. From a start-to-finish perspective, comparing the January average rate of 374.4687 to the December average rate of 400.9396, the exchange rate registered a net change of 7.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 405.4983 was up 3.65% compared to the 2020 peak of 391.2288, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,027,491 JMD
2020 Average 1,843,680 JMD
Yearly Trough Low 1,843,446 JMD
Transaction Impact: A difference of 184,044.87 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

406.6928
371.5392
JanuMarcMayJulySeptNove

OMR to JMD 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 385.8212, compared to 396.6382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.8170 points.

H1 Avg (Jan–Jun) 385.8212
H2 Avg (Jul–Dec) 396.6382

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 21.4681 JMD (High: 399.9662 / Low: 378.4981). On the other end, November was the most stable month, with a tight range of 4.0518 JMD (High: 405.4983 / Low: 401.4464).

April Spread (Volatile) ±21.4681
November Spread (Stable) ±4.0518

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 11.7260 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -11.7260

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 403.7633) against the same month in 2020 (average: 381.7247), the exchange rate shifted by +22.0386 (+5.77%).

2021 Avg (November) 403.7633
2020 Avg (November) 381.7247

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 380.2817 368.6893 374.4687
February 393.4353 381.0924 389.0700
March 392.4117 377.2138 382.9128
April 399.9662 378.4981 388.4361
May 400.5381 386.5960 391.4952
June 390.8122 385.1569 388.5444
July 403.6639 386.2256 396.9271
August 402.6623 393.0609 399.7534
September 393.5118 382.7689 388.0274
October 401.1795 380.0322 390.4181
November 405.4983 401.4464 403.7633
December 404.1882 398.7368 400.9396