YEARLY HIGH
23.8576 NOK
YEARLY LOW
21.2355 NOK
YEARLY AVERAGE
22.3353 NOK

2021 OMR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the OMR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 23.8576. Conversely, the yearly low was recorded on April 28, dropping to 21.2355.

This high-to-low spread represents a total annual volatility of 2.6221 NOK. From a start-to-finish perspective, comparing the January average rate of 22.1343 to the December average rate of 23.3023, the exchange rate registered a net change of 5.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 23.8576 was down 22.15% compared to the 2020 peak of 30.6463, 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 119,288 NOK
2020 Average 122,339 NOK
Yearly Trough Low 106,177 NOK
Transaction Impact: A difference of 13,110.58 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

23.4745
21.4080
JanuMarcMayJulySeptNove

OMR to NOK 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 21.9458, compared to 22.7248 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.7790 points.

H1 Avg (JanтАУJun) 21.9458
H2 Avg (JulтАУDec) 22.7248

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.6852 NOK (High: 23.5609 / Low: 21.8757). On the other end, May was the most stable month, with a tight range of 0.4898 NOK (High: 21.8103 / Low: 21.3205).

November Spread (Volatile) ┬▒1.6852
May Spread (Stable) ┬▒0.4898

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.5089 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 23.3023) against the same month in 2020 (average: 22.6078), the exchange rate shifted by +0.6944 (+3.07%).

2021 Avg (December) 23.3023
2020 Avg (December) 22.6078

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 22.5108 21.8266 22.1343
February 22.4832 21.7505 22.0977
March 22.4902 21.8223 22.1469
April 22.1570 21.2355 21.8083
May 21.8103 21.3205 21.5802
June 22.5313 21.4692 21.9076
July 23.3877 22.2437 22.7869
August 23.4851 22.5323 23.0011
September 22.7823 22.2546 22.5001
October 22.4207 21.6044 21.9912
November 23.5609 21.8757 22.7675
December 23.8576 22.7978 23.3023