2016 OMR to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 OMR to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the OMR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 3087.2341. Conversely, the yearly low was recorded on January 15, dropping to 2824.3060.
This high-to-low spread represents a total annual volatility of 262.9281 IQD. From a start-to-finish perspective, comparing the January average rate of 2836.4478 to the December average rate of 3054.7109, the exchange rate registered a net change of 7.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 3087.2341 was down 0.61% compared to the 2015 peak of 3106.0417, 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 2016.
OMR to IQD 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 2888.6954, compared to 3030.0529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 141.3575 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 195.4195 IQD (High: 3070.1339 / Low: 2874.7144). On the other end, February was the most stable month, with a tight range of 3.5082 IQD (High: 2828.2694 / Low: 2824.7612).
Growth Streaks & Declines
TrendsBetween February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 10.4314 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 3054.7109) against the same month in 2015 (average: 2850.4520), the exchange rate shifted by +204.2588 (+7.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2863.6249 | 2824.3060 | 2836.4478 |
| February | 2828.2694 | 2824.7612 | 2826.6401 |
| March | 2831.3223 | 2825.0691 | 2827.4543 |
| April | 2876.2455 | 2826.4775 | 2846.4668 |
| May | 3070.1339 | 2874.7144 | 2950.0019 |
| June | 3069.0583 | 3009.0366 | 3045.1612 |
| July | 3038.5877 | 3030.7555 | 3034.7298 |
| August | 3035.5992 | 3020.4902 | 3028.6956 |
| September | 3034.8027 | 3019.4374 | 3025.9644 |
| October | 3030.8185 | 3015.1419 | 3021.4629 |
| November | 3065.2814 | 2998.0918 | 3014.7536 |
| December | 3087.2341 | 2984.6443 | 3054.7109 |