2017 OMR to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 OMR to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the OMR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 3109.7180. Conversely, the yearly low was recorded on July 20, dropping to 2992.5882.
This high-to-low spread represents a total annual volatility of 117.1298 IQD. From a start-to-finish perspective, comparing the January average rate of 3066.5875 to the December average rate of 3092.0422, the exchange rate registered a net change of 0.83% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 3109.7180 was up 0.73% compared to the 2016 peak of 3087.2341, 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 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 3049.7416, compared to 3043.1867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.5549 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 78.6091 IQD (High: 3071.1972 / Low: 2992.5882). On the other end, October was the most stable month, with a tight range of 32.3291 IQD (High: 3053.8255 / Low: 3021.4964).
Growth Streaks & Declines
TrendsBetween July and September, 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 February and March, when the average rate fell by 17.6928 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 3092.0422) against the same month in 2016 (average: 3054.7109), the exchange rate shifted by +37.3313 (+1.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3089.4036 | 3037.3316 | 3066.5875 |
| February | 3098.1268 | 3054.6824 | 3068.5698 |
| March | 3071.6520 | 3021.8778 | 3050.8770 |
| April | 3071.4525 | 3015.4722 | 3041.3248 |
| May | 3070.8477 | 3018.4371 | 3036.4757 |
| June | 3069.6674 | 3015.5600 | 3034.6147 |
| July | 3071.1972 | 2992.5882 | 3030.3007 |
| August | 3071.2451 | 3003.7290 | 3030.7961 |
| September | 3074.6938 | 3021.8105 | 3041.9094 |
| October | 3053.8255 | 3021.4964 | 3033.2770 |
| November | 3074.8820 | 3012.0388 | 3030.7947 |
| December | 3109.7180 | 3073.1184 | 3092.0422 |