2018 OMR to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 OMR to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the OMR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 254.8173. Conversely, the yearly low was recorded on January 25, dropping to 230.0364.
This high-to-low spread represents a total annual volatility of 24.7808 CVE. From a start-to-finish perspective, comparing the January average rate of 235.8571 to the December average rate of 252.3707, the exchange rate registered a net change of 7.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 254.8173 was down 6.90% compared to the 2017 peak of 273.6909, 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 2018.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 237.4717, compared to 249.2827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.8110 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 11.1374 CVE (High: 241.1738 / Low: 230.0364). On the other end, November was the most stable month, with a tight range of 3.7943 CVE (High: 254.5657 / Low: 250.7714).
Growth Streaks & Declines
TrendsBetween February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.9999 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 252.3707) against the same month in 2017 (average: 242.7337), the exchange rate shifted by +9.6370 (+3.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 241.1738 | 230.0364 | 235.8571 |
| February | 235.7100 | 230.4225 | 232.8572 |
| March | 235.6532 | 230.6380 | 233.0881 |
| April | 237.8655 | 232.2006 | 234.3221 |
| May | 247.6623 | 238.7446 | 242.5929 |
| June | 248.3130 | 242.2133 | 246.1129 |
| July | 247.5523 | 243.5064 | 245.6841 |
| August | 253.3595 | 245.6296 | 248.7893 |
| September | 248.0809 | 243.8034 | 246.3109 |
| October | 253.7458 | 247.6713 | 250.1431 |
| November | 254.5657 | 250.7714 | 252.3983 |
| December | 254.8173 | 250.6474 | 252.3707 |