2020 OMR to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 OMR to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the OMR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 5057.9837. Conversely, the yearly low was recorded on March 29, dropping to 4859.6258.
This high-to-low spread represents a total annual volatility of 198.3578 BIF. From a start-to-finish perspective, comparing the January average rate of 4895.2648 to the December average rate of 5045.8037, the exchange rate registered a net change of 3.08% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 5057.9837 was up 3.30% compared to the 2019 peak of 4896.5109, 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 2020.
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 4922.5204, compared to 5022.0816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 99.5612 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 78.9877 BIF (High: 4938.6135 / Low: 4859.6258). On the other end, November was the most stable month, with a tight range of 17.0428 BIF (High: 5046.6353 / Low: 5029.5924).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 5045.8037) against the same month in 2019 (average: 4876.0635), the exchange rate shifted by +169.7402 (+3.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4911.7776 | 4879.6031 | 4895.2648 |
| February | 4912.0583 | 4890.4455 | 4904.0077 |
| March | 4938.6135 | 4859.6258 | 4913.0932 |
| April | 4952.4996 | 4877.8419 | 4923.7696 |
| May | 4964.4745 | 4906.3349 | 4944.6889 |
| June | 4988.2336 | 4935.5541 | 4954.2984 |
| July | 5011.0103 | 4960.6653 | 4997.9303 |
| August | 5023.4307 | 4994.2028 | 5009.1887 |
| September | 5028.3233 | 5008.3256 | 5016.9011 |
| October | 5038.6208 | 5016.0132 | 5025.7976 |
| November | 5046.6353 | 5029.5924 | 5036.8681 |
| December | 5057.9837 | 5040.2608 | 5045.8037 |