YEARLY HIGH
273.6909 CVE
YEARLY LOW
238.7600 CVE
YEARLY AVERAGE
254.8156 CVE

2017 OMR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the OMR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 273.6909. Conversely, the yearly low was recorded on September 10, dropping to 238.7600.

This high-to-low spread represents a total annual volatility of 34.9308 CVE. From a start-to-finish perspective, comparing the January average rate of 269.9116 to the December average rate of 242.7337, the exchange rate registered a net change of -10.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 273.6909 was down 1.17% compared to the 2016 peak of 276.9236, 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 1,368,454 CVE
2016 Average 1,294,359 CVE
Yearly Trough Low 1,193,800 CVE
Transaction Impact: A difference of 174,654.12 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

272.8611
238.2897
JanuMarcMayJulySeptNove

OMR to CVE 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 265.4587, compared to 244.1725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 21.2862 points.

H1 Avg (Jan–Jun) 265.4587
H2 Avg (Jul–Dec) 244.1725

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 10.6316 CVE (High: 253.4856 / Low: 242.8540). On the other end, December was the most stable month, with a tight range of 4.9286 CVE (High: 244.5137 / Low: 239.5851).

July Spread (Volatile) ±10.6316
December Spread (Stable) ±4.9286

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 8.2350 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -8.2350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 269.9116) against the same month in 2016 (average: 263.5934), the exchange rate shifted by +6.3182 (+2.40%).

2017 Avg (January) 269.9116
2016 Avg (January) 263.5934

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 273.6909 265.9775 269.9116
February 272.3532 266.1150 269.9802
March 273.2244 264.2864 268.7806
April 271.1709 262.7443 268.1767
May 264.7111 255.7710 259.9416
June 258.0266 251.1764 255.9615
July 253.4856 242.8540 249.0179
August 244.4423 239.1120 242.9894
September 244.0734 238.7600 241.1706
October 248.1822 242.1164 244.1752
November 247.9272 240.6999 244.9481
December 244.5137 239.5851 242.7337