2016 OMR to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 OMR to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the OMR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 4386.0090. Conversely, the yearly low was recorded on April 3, dropping to 4009.3372.
This high-to-low spread represents a total annual volatility of 376.6718 BIF. From a start-to-finish perspective, comparing the January average rate of 4056.2088 to the December average rate of 4351.6079, the exchange rate registered a net change of 7.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 4386.0090 was up 3.03% compared to the 2015 peak of 4256.9246, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 OMR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
OMR to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4069.4684, compared to 4328.5507 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 259.0823 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 358.8564 BIF (High: 4384.8579 / Low: 4026.0014). On the other end, October was the most stable month, with a tight range of 29.5854 BIF (High: 4341.6122 / Low: 4312.0268).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 19.2695 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 4351.6079) against the same month in 2015 (average: 4041.9290), the exchange rate shifted by +309.6789 (+7.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4090.8016 | 4020.4432 | 4056.2088 |
| February | 4077.6405 | 4022.4896 | 4050.7061 |
| March | 4081.3841 | 4026.0903 | 4054.7798 |
| April | 4065.2428 | 4009.3372 | 4035.5103 |
| May | 4070.7415 | 4022.6430 | 4049.8064 |
| June | 4384.8579 | 4026.0014 | 4169.7988 |
| July | 4325.1911 | 4290.5641 | 4305.7791 |
| August | 4351.0979 | 4292.2148 | 4317.8585 |
| September | 4347.5279 | 4306.6096 | 4322.7880 |
| October | 4341.6122 | 4312.0268 | 4329.6613 |
| November | 4359.4638 | 4323.8411 | 4343.6095 |
| December | 4386.0090 | 4333.5529 | 4351.6079 |