YEARLY HIGH
71.5659 ETB
YEARLY LOW
57.8716 ETB
YEARLY AVERAGE
62.2293 ETB

2017 OMR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the OMR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 71.5659. Conversely, the yearly low was recorded on January 5, dropping to 57.8716.

This high-to-low spread represents a total annual volatility of 13.6943 ETB. From a start-to-finish perspective, comparing the January average rate of 58.6022 to the December average rate of 71.0668, the exchange rate registered a net change of 21.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 71.5659 was up 22.34% compared to the 2016 peak of 58.4976, 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 357,829 ETB
2016 Average 283,602 ETB
Yearly Trough Low 289,358 ETB
Transaction Impact: A difference of 68,471.51 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

72.3133
57.3558
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 59.2632, compared to 65.1953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.9321 points.

H1 Avg (Jan–Jun) 59.2632
H2 Avg (Jul–Dec) 65.1953

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 10.1354 ETB (High: 71.0777 / Low: 60.9424). On the other end, May was the most stable month, with a tight range of 0.8408 ETB (High: 60.1973 / Low: 59.3565).

October Spread (Volatile) ±10.1354
May Spread (Stable) ±0.8408

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 2017: 71.0668) against the same month in 2016 (average: 58.1670), the exchange rate shifted by +12.8999 (+22.18%).

2017 Avg (December) 71.0668
2016 Avg (December) 58.1670

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59.0878 57.8716 58.6022
February 59.3265 58.1958 58.8824
March 59.6121 58.4780 59.0364
April 59.7746 58.9003 59.3419
May 60.1973 59.3565 59.7308
June 60.5104 59.5637 59.9857
July 60.8691 59.4993 60.3216
August 61.1872 60.2111 60.5869
September 61.5058 60.5778 61.0534
October 71.0777 60.9424 67.2148
November 71.3518 70.3063 70.9284
December 71.5659 70.3689 71.0668