YEARLY HIGH
7.1511 GEL
YEARLY LOW
6.1671 GEL
YEARLY AVERAGE
6.4928 GEL

2017 OMR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the OMR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 7.1511. Conversely, the yearly low was recorded on April 14, dropping to 6.1671.

This high-to-low spread represents a total annual volatility of 0.9840 GEL. From a start-to-finish perspective, comparing the January average rate of 7.0058 to the December average rate of 6.8168, the exchange rate registered a net change of -2.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 7.1511 was down 1.67% compared to the 2016 peak of 7.2725, 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 35,755 GEL
2016 Average 30,705 GEL
Yearly Trough Low 30,835 GEL
Transaction Impact: A difference of 4,920.14 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

7.0839
6.1471
JanuMarcMayJulySeptNove

OMR to GEL 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 6.5123, compared to 6.4732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0391 points.

H1 Avg (Jan–Jun) 6.5123
H2 Avg (Jul–Dec) 6.4732

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.6078 GEL (High: 7.0572 / Low: 6.4494). On the other end, July was the most stable month, with a tight range of 0.0397 GEL (High: 6.2511 / Low: 6.2114).

November Spread (Volatile) ±0.6078
July Spread (Stable) ±0.0397

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.4366 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4366

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 7.0058) against the same month in 2016 (average: 6.3281), the exchange rate shifted by +0.6777 (+10.71%).

2017 Avg (January) 7.0058
2016 Avg (January) 6.3281

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.1511 6.8833 7.0058
February 7.0048 6.6389 6.8411
March 6.4770 6.3142 6.4045
April 6.4184 6.1671 6.2644
May 6.3377 6.2409 6.2963
June 6.3002 6.2417 6.2617
July 6.2511 6.2114 6.2252
August 6.3084 6.1865 6.2261
September 6.4433 6.3264 6.4037
October 6.6125 6.3806 6.4628
November 7.0572 6.4494 6.7047
December 7.0430 6.5762 6.8168