YEARLY HIGH
256.8502 CVE
YEARLY LOW
234.0763 CVE
YEARLY AVERAGE
243.1005 CVE

2021 OMR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the OMR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 256.8502. Conversely, the yearly low was recorded on January 4, dropping to 234.0763.

This high-to-low spread represents a total annual volatility of 22.7739 CVE. From a start-to-finish perspective, comparing the January average rate of 236.2745 to the December average rate of 254.5027, the exchange rate registered a net change of 7.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 256.8502 was down 61.61% compared to the 2020 peak of 669.0853, 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 1,284,251 CVE
2020 Average 1,266,791 CVE
Yearly Trough Low 1,170,382 CVE
Transaction Impact: A difference of 113,869.44 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

256.3255
234.4517
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 238.7451, compared to 247.4558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.7107 points.

H1 Avg (Jan–Jun) 238.7451
H2 Avg (Jul–Dec) 247.4558

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 14.2051 CVE (High: 248.9526 / Low: 234.7476). On the other end, December was the most stable month, with a tight range of 2.2874 CVE (High: 255.5367 / Low: 253.2494).

June Spread (Volatile) ±14.2051
December Spread (Stable) ±2.2874

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 3.6869 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -3.6869

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 251.6988) against the same month in 2020 (average: 242.9597), the exchange rate shifted by +8.7391 (+3.60%).

2021 Avg (November) 251.6988
2020 Avg (November) 242.9597

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 237.6852 234.0763 236.2745
February 240.2129 236.8293 237.8337
March 245.1356 238.3166 241.8006
April 244.2863 237.4118 240.6374
May 239.8516 234.7378 236.9505
June 248.9526 234.7476 238.9739
July 244.7798 241.9351 243.2985
August 245.7652 241.9757 243.6153
September 247.9478 241.6521 243.8778
October 248.8615 245.9440 247.7418
November 256.8502 247.7273 251.6988
December 255.5367 253.2494 254.5027