YEARLY HIGH
0.0032 OMR
YEARLY LOW
0.0026 OMR
YEARLY AVERAGE
0.0029 OMR

2020 ISK to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0032. Conversely, the yearly low was recorded on May 6, dropping to 0.0026.

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 0.0031 to the December average rate of 0.0030, the exchange rate registered a net change of -3.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0032 was down 3.86% compared to the 2019 peak of 0.0033, 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 16 OMR
2019 Average 16 OMR
Yearly Trough Low 13 OMR
Transaction Impact: A difference of 2.84 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0032
0.0026
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 0.0029, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0029
H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0003 OMR (High: 0.0030 / Low: 0.0027). On the other end, October was the most stable month, with a tight range of 0.0001 OMR (High: 0.0028 / Low: 0.0027).

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

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0031) against the same month in 2019 (average: 0.0032), the exchange rate shifted by -0.0001 (-3.08%).

2020 Avg (January) 0.0031
2019 Avg (January) 0.0032

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0032 0.0031 0.0031
February 0.0031 0.0030 0.0030
March 0.0030 0.0027 0.0029
April 0.0027 0.0026 0.0027
May 0.0028 0.0026 0.0027
June 0.0029 0.0028 0.0028
July 0.0029 0.0027 0.0028
August 0.0029 0.0028 0.0028
September 0.0029 0.0027 0.0028
October 0.0028 0.0027 0.0028
November 0.0029 0.0027 0.0028
December 0.0031 0.0029 0.0030