YEARLY HIGH
0.0035 OMR
YEARLY LOW
0.0029 OMR
YEARLY AVERAGE
0.0032 OMR

2016 ISK to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.0035. Conversely, the yearly low was recorded on January 24, dropping to 0.0029.

This high-to-low spread represents a total annual volatility of 0.0006 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0030 to the December average rate of 0.0034, the exchange rate registered a net change of 15.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0035 was up 12.52% compared to the 2015 peak of 0.0031, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17 OMR
2015 Average 15 OMR
Yearly Trough Low 15 OMR
Transaction Impact: A difference of 2.77 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0035
0.0029
JanuMarcMayJulySeptNove

ISK 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 0.0031, compared to 0.0033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0031
H2 Avg (Jul–Dec) 0.0033

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0001 OMR (High: 0.0031 / Low: 0.0030). On the other end, January was the most stable month, with a tight range of 0.0000 OMR (High: 0.0030 / Low: 0.0029).

March Spread (Volatile) ±0.0001
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0000 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0034) against the same month in 2015 (average: 0.0030), the exchange rate shifted by +0.0005 (+15.20%).

2016 Avg (December) 0.0034
2015 Avg (December) 0.0030

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0030 0.0029 0.0030
February 0.0030 0.0030 0.0030
March 0.0031 0.0030 0.0030
April 0.0031 0.0031 0.0031
May 0.0032 0.0031 0.0031
June 0.0032 0.0031 0.0031
July 0.0032 0.0031 0.0032
August 0.0033 0.0032 0.0033
September 0.0034 0.0033 0.0034
October 0.0034 0.0034 0.0034
November 0.0035 0.0034 0.0034
December 0.0035 0.0034 0.0034