YEARLY HIGH
18.2190 DKK
YEARLY LOW
15.7152 DKK
YEARLY AVERAGE
16.9883 DKK

2020 OMR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the OMR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 18.2190. Conversely, the yearly low was recorded on December 30, dropping to 15.7152.

This high-to-low spread represents a total annual volatility of 2.5038 DKK. From a start-to-finish perspective, comparing the January average rate of 17.4810 to the December average rate of 15.8786, the exchange rate registered a net change of -9.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 18.2190 was up 2.38% compared to the 2019 peak of 17.7956, 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 91,095 DKK
2019 Average 86,625 DKK
Yearly Trough Low 78,576 DKK
Transaction Impact: A difference of 12,519.20 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

18.0257
15.6834
JanuMarcMayJulySeptNove

OMR to DKK 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 17.5979, compared to 16.3786 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2193 points.

H1 Avg (Jan–Jun) 17.5979
H2 Avg (Jul–Dec) 16.3786

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.2056 DKK (High: 18.2190 / Low: 17.0134). On the other end, August was the most stable month, with a tight range of 0.2959 DKK (High: 16.4839 / Low: 16.1880).

March Spread (Volatile) ±1.2056
August Spread (Stable) ±0.2959

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.5455 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5455

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 17.5401) against the same month in 2019 (average: 17.1558), the exchange rate shifted by +0.3843 (+2.24%).

2020 Avg (March) 17.5401
2019 Avg (March) 17.1558

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.6221 17.2970 17.4810
February 17.9798 17.4934 17.7773
March 18.2190 17.0134 17.5401
April 17.9706 17.6462 17.8305
May 17.9438 17.4202 17.7521
June 17.4081 17.0329 17.2066
July 17.2253 16.2859 16.8831
August 16.4839 16.1880 16.3488
September 16.6249 16.2178 16.4006
October 16.6007 16.2980 16.4310
November 16.6290 16.1487 16.3298
December 16.0162 15.7152 15.8786