2017 OMR to ILS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 OMR to ILS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the OMR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 10.0360. Conversely, the yearly low was recorded on December 28, dropping to 8.9968.
This high-to-low spread represents a total annual volatility of 1.0391 ILS. From a start-to-finish perspective, comparing the January average rate of 9.9111 to the December average rate of 9.0925, the exchange rate registered a net change of -8.26% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 10.0360 was down 2.99% compared to the 2016 peak of 10.3452, 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 2017.
OMR to ILS 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 9.5059, compared to 9.1801 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3259 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 0.3292 ILS (High: 9.8016 / Low: 9.4724). On the other end, October was the most stable month, with a tight range of 0.1210 ILS (High: 9.1852 / Low: 9.0642).
Growth Streaks & Declines
TrendsBetween June and August, 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 January and February, when the average rate fell by 0.2401 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 9.9111) against the same month in 2016 (average: 10.2544), the exchange rate shifted by -0.3432 (-3.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.0360 | 9.7876 | 9.9111 |
| February | 9.8016 | 9.4724 | 9.6710 |
| March | 9.6044 | 9.3873 | 9.4890 |
| April | 9.5339 | 9.4032 | 9.4716 |
| May | 9.4058 | 9.1855 | 9.3233 |
| June | 9.2252 | 9.0588 | 9.1697 |
| July | 9.2909 | 9.0588 | 9.2133 |
| August | 9.4359 | 9.2449 | 9.3492 |
| September | 9.3009 | 9.0696 | 9.1693 |
| October | 9.1852 | 9.0642 | 9.1202 |
| November | 9.2157 | 9.0750 | 9.1361 |
| December | 9.2195 | 8.9968 | 9.0925 |