2017 OMR to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 OMR to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the OMR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 1762.3059. Conversely, the yearly low was recorded on December 30, dropping to 1595.0082.
This high-to-low spread represents a total annual volatility of 167.2977 CLP. From a start-to-finish perspective, comparing the January average rate of 1714.1976 to the December average rate of 1649.8963, the exchange rate registered a net change of -3.75% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 1762.3059 was down 7.34% compared to the 2016 peak of 1901.9817, 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 2017.
OMR to CLP 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 1712.8627, compared to 1656.5406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 56.3221 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was December, with a trading range of 108.2249 CLP (High: 1703.2331 / Low: 1595.0082). On the other end, February was the most stable month, with a tight range of 29.4858 CLP (High: 1689.1892 / Low: 1659.7034).
Growth Streaks & Declines
TrendsBetween September and December, 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 August and September, when the average rate fell by 45.6008 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2017: 1744.1782) against the same month in 2016 (average: 1771.1525), the exchange rate shifted by -26.9742 (-1.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1749.7212 | 1682.8797 | 1714.1976 |
| February | 1689.1892 | 1659.7034 | 1670.3092 |
| March | 1738.8334 | 1691.9388 | 1718.2445 |
| April | 1732.4123 | 1676.2330 | 1703.0860 |
| May | 1762.3059 | 1728.7899 | 1744.1782 |
| June | 1747.9688 | 1715.3891 | 1727.1610 |
| July | 1732.3673 | 1677.1147 | 1708.9388 |
| August | 1694.3707 | 1625.5981 | 1671.1892 |
| September | 1662.2563 | 1597.4629 | 1625.5884 |
| October | 1659.7336 | 1608.3184 | 1637.8510 |
| November | 1681.2193 | 1627.2789 | 1645.7799 |
| December | 1703.2331 | 1595.0082 | 1649.8963 |