2020 OMR to ILS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 OMR to ILS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the OMR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 9.9727. Conversely, the yearly low was recorded on December 31, dropping to 8.3469.
This high-to-low spread represents a total annual volatility of 1.6258 ILS. From a start-to-finish perspective, comparing the January average rate of 8.9867 to the December average rate of 8.4301, the exchange rate registered a net change of -6.19% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 9.9727 was up 2.58% compared to the 2019 peak of 9.7220, 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 2020.
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 9.1014, compared to 8.7675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3340 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.0333 ILS (High: 9.9727 / Low: 8.9394). On the other end, January was the most stable month, with a tight range of 0.0655 ILS (High: 9.0228 / Low: 8.9573).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2952 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 9.3236) against the same month in 2019 (average: 9.3973), the exchange rate shifted by -0.0737 (-0.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.0228 | 8.9573 | 8.9867 |
| February | 9.0703 | 8.8491 | 8.9193 |
| March | 9.9727 | 8.9394 | 9.3236 |
| April | 9.4700 | 9.0349 | 9.2667 |
| May | 9.2111 | 9.0977 | 9.1379 |
| June | 9.0782 | 8.8983 | 8.9743 |
| July | 8.9801 | 8.8405 | 8.9141 |
| August | 8.8745 | 8.7099 | 8.8266 |
| September | 9.0412 | 8.7153 | 8.8934 |
| October | 8.9110 | 8.7659 | 8.8153 |
| November | 8.8651 | 8.5846 | 8.7253 |
| December | 8.5445 | 8.3469 | 8.4301 |