YEARLY HIGH
303.5501 CVE
YEARLY LOW
250.6035 CVE
YEARLY AVERAGE
272.9187 CVE

2022 OMR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the OMR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 303.5501. Conversely, the yearly low was recorded on February 10, dropping to 250.6035.

This high-to-low spread represents a total annual volatility of 52.9467 CVE. From a start-to-finish perspective, comparing the January average rate of 253.7752 to the December average rate of 271.0942, the exchange rate registered a net change of 6.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 303.5501 was up 18.18% compared to the 2021 peak of 256.8502, 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 1,517,751 CVE
2021 Average 1,215,681 CVE
Yearly Trough Low 1,253,017 CVE
Transaction Impact: A difference of 264,733.42 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

296.7561
249.5874
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 262.8305, compared to 283.0068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.1763 points.

H1 Avg (Jan–Jun) 262.8305
H2 Avg (Jul–Dec) 283.0068

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 23.2374 CVE (High: 299.3506 / Low: 276.1132). On the other end, February was the most stable month, with a tight range of 6.1225 CVE (High: 256.7259 / Low: 250.6035).

September Spread (Volatile) ±23.2374
February Spread (Stable) ±6.1225

Growth Streaks & Declines

Trends

Between June and October, 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 November and December, when the average rate fell by 11.0338 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -11.0338

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 292.8254) against the same month in 2021 (average: 247.7418), the exchange rate shifted by +45.0836 (+18.20%).

2022 Avg (October) 292.8254
2021 Avg (October) 247.7418

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 257.9868 250.6474 253.7752
February 256.7259 250.6035 253.5181
March 264.0779 256.1012 261.1640
April 273.7449 259.6111 264.9729
May 276.1778 267.8560 271.7970
June 275.8912 267.9708 271.7558
July 284.6950 271.1242 279.3576
August 288.6329 278.3059 283.8598
September 299.3506 276.1132 288.7760
October 303.5501 288.6871 292.8254
November 291.1469 274.8299 282.1281
December 276.1138 268.9673 271.0942