YEARLY HIGH
3087.2341 IQD
YEARLY LOW
2824.3060 IQD
YEARLY AVERAGE
2959.3741 IQD

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 OMR based on timing:

Yearly Peak High 15,436,170 IQD
2015 Average 15,129,037 IQD
Yearly Trough Low 14,121,530 IQD
Transaction Impact: A difference of 1,314,640.37 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3077.5179
2803.8331
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 2888.6954
H2 Avg (Jul–Dec) 3030.0529

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±195.4195
February Spread (Stable) ±3.5082

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -10.4314

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (December) 3054.7109
2015 Avg (December) 2850.4520

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