YEARLY HIGH
0.0032 OMR
YEARLY LOW
0.0029 OMR
YEARLY AVERAGE
0.0030 OMR

2021 ISK to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0032. Conversely, the yearly low was recorded on November 16, dropping to 0.0029.

This high-to-low spread represents a total annual volatility of 0.0003 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0030 to the December average rate of 0.0030, the exchange rate registered a net change of -1.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0032 was up 1.02% compared to the 2020 peak of 0.0032, 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
2020 Average 14 OMR
Yearly Trough Low 14 OMR
Transaction Impact: A difference of 1.58 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0032
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: JanтАУJun) was 0.0031, compared to 0.0030 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0001 points.

H1 Avg (JanтАУJun) 0.0031
H2 Avg (JulтАУDec) 0.0030

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0001 OMR (High: 0.0032 / Low: 0.0031). On the other end, December was the most stable month, with a tight range of 0.0000 OMR (High: 0.0030 / Low: 0.0029).

May Spread (Volatile) ┬▒0.0001
December Spread (Stable) ┬▒0.0000

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 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 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0032) against the same month in 2020 (average: 0.0028), the exchange rate shifted by +0.0003 (+11.15%).

2021 Avg (June) 0.0032
2020 Avg (June) 0.0028

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