YEARLY HIGH
0.0024 OMR
YEARLY LOW
0.0021 OMR
YEARLY AVERAGE
0.0023 OMR

2014 NGN to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0024. Conversely, the yearly low was recorded on December 23, dropping to 0.0021.

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 0.0024 to the December average rate of 0.0021, the exchange rate registered a net change of -12.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0024 was down 2.06% compared to the 2013 peak of 0.0025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 2,425 OMR
2013 Average 2,418 OMR
Yearly Trough Low 2,078 OMR
Transaction Impact: A difference of 346.66 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0024
0.0021
JanuMarcMayJulySeptNove

NGN 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 0.0024, compared to 0.0023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0024
H2 Avg (Jul–Dec) 0.0023

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0002 OMR (High: 0.0023 / Low: 0.0022). On the other end, March was the most stable month, with a tight range of 0.0000 OMR (High: 0.0023 / Low: 0.0023).

November Spread (Volatile) ±0.0002
March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, 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 (January 2014: 0.0024) against the same month in 2013 (average: 0.0025), the exchange rate shifted by -0.0001 (-2.07%).

2014 Avg (January) 0.0024
2013 Avg (January) 0.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0024 0.0024 0.0024
February 0.0024 0.0023 0.0023
March 0.0023 0.0023 0.0023
April 0.0024 0.0023 0.0024
May 0.0024 0.0024 0.0024
June 0.0024 0.0024 0.0024
July 0.0024 0.0024 0.0024
August 0.0024 0.0024 0.0024
September 0.0024 0.0023 0.0024
October 0.0024 0.0023 0.0023
November 0.0023 0.0022 0.0022
December 0.0021 0.0021 0.0021