2018 OMR to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 OMR to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the OMR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 73.8973. Conversely, the yearly low was recorded on January 16, dropping to 70.9210.
This high-to-low spread represents a total annual volatility of 2.9763 ETB. From a start-to-finish perspective, comparing the January average rate of 71.3057 to the December average rate of 73.2366, the exchange rate registered a net change of 2.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 73.8973 was up 3.26% compared to the 2017 peak of 71.5659, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 OMR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 71.4357, compared to 72.3037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8680 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 1.5494 ETB (High: 73.8973 / Low: 72.3479). On the other end, May was the most stable month, with a tight range of 0.3761 ETB (High: 71.5938 / Low: 71.2177).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0433 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 73.2366) against the same month in 2017 (average: 71.0668), the exchange rate shifted by +2.1698 (+3.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 71.6585 | 70.9210 | 71.3057 |
| February | 71.6287 | 71.0968 | 71.4393 |
| March | 71.6162 | 71.1423 | 71.4286 |
| April | 71.6346 | 71.0693 | 71.3853 |
| May | 71.5938 | 71.2177 | 71.4718 |
| June | 71.7376 | 71.2158 | 71.5835 |
| July | 72.1349 | 71.0416 | 71.6175 |
| August | 72.0917 | 71.4271 | 71.7949 |
| September | 72.6530 | 71.5180 | 72.0338 |
| October | 72.9861 | 71.6425 | 72.4180 |
| November | 73.0973 | 71.9514 | 72.7214 |
| December | 73.8973 | 72.3479 | 73.2366 |