YEARLY HIGH
58.4976 ETB
YEARLY LOW
54.9868 ETB
YEARLY AVERAGE
56.7162 ETB

2016 OMR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the OMR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 58.4976. Conversely, the yearly low was recorded on January 13, dropping to 54.9868.

This high-to-low spread represents a total annual volatility of 3.5107 ETB. From a start-to-finish perspective, comparing the January average rate of 55.1836 to the December average rate of 58.1670, the exchange rate registered a net change of 5.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 58.4976 was up 6.25% compared to the 2015 peak of 55.0562, 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 292,488 ETB
2015 Average 268,654 ETB
Yearly Trough Low 274,934 ETB
Transaction Impact: A difference of 17,553.66 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

58.4653
54.8853
JanuMarcMayJulySeptNove

OMR to ETB 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 55.8399, compared to 57.5925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7526 points.

H1 Avg (Jan–Jun) 55.8399
H2 Avg (Jul–Dec) 57.5925

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.8530 ETB (High: 56.8443 / Low: 55.9913). On the other end, April was the most stable month, with a tight range of 0.3311 ETB (High: 56.1542 / Low: 55.8231).

May Spread (Volatile) ±0.8530
April Spread (Stable) ±0.3311

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 58.1670) against the same month in 2015 (average: 54.8788), the exchange rate shifted by +3.2882 (+5.99%).

2016 Avg (December) 58.1670
2015 Avg (December) 54.8788

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 55.5963 54.9868 55.1836
February 55.6289 55.0620 55.3527
March 55.8727 55.3382 55.5508
April 56.1542 55.8231 55.9888
May 56.8443 55.9913 56.3224
June 56.8752 56.4335 56.6409
July 57.2625 56.7642 57.0236
August 57.5651 57.1329 57.3195
September 57.6276 57.1948 57.4139
October 57.9238 57.4168 57.6564
November 58.2247 57.7464 57.9745
December 58.4976 57.7737 58.1670