YEARLY HIGH
0.0039 OMR
YEARLY LOW
0.0033 OMR
YEARLY AVERAGE
0.0036 OMR

2017 ISK to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.0039. Conversely, the yearly low was recorded on January 11, dropping to 0.0033.

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 0.0034 to the December average rate of 0.0037, the exchange rate registered a net change of 9.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0039 was up 13.00% compared to the 2016 peak of 0.0035, 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 20 OMR
2016 Average 16 OMR
Yearly Trough Low 16 OMR
Transaction Impact: A difference of 3.24 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0039
0.0033
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 0.0036, compared to 0.0037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0036
H2 Avg (Jul–Dec) 0.0037

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0003 OMR (High: 0.0039 / Low: 0.0037). On the other end, October was the most stable month, with a tight range of 0.0001 OMR (High: 0.0037 / Low: 0.0036).

June Spread (Volatile) ±0.0003
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0038) against the same month in 2016 (average: 0.0031), the exchange rate shifted by +0.0007 (+22.28%).

2017 Avg (June) 0.0038
2016 Avg (June) 0.0031

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0034 0.0033 0.0034
February 0.0036 0.0033 0.0035
March 0.0036 0.0034 0.0035
April 0.0036 0.0034 0.0035
May 0.0039 0.0036 0.0037
June 0.0039 0.0037 0.0038
July 0.0038 0.0036 0.0037
August 0.0037 0.0035 0.0036
September 0.0037 0.0036 0.0036
October 0.0037 0.0036 0.0036
November 0.0037 0.0036 0.0037
December 0.0037 0.0036 0.0037