YEARLY HIGH
3817.9668 IQD
YEARLY LOW
3760.9423 IQD
YEARLY AVERAGE
3792.4739 IQD

2021 OMR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the OMR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 3817.9668. Conversely, the yearly low was recorded on May 8, dropping to 3760.9423.

This high-to-low spread represents a total annual volatility of 57.0245 IQD. From a start-to-finish perspective, comparing the January average rate of 3797.6359 to the December average rate of 3791.9934, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3817.9668 was up 0.52% compared to the 2020 peak of 3798.2950, 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 19,089,834 IQD
2020 Average 15,552,215 IQD
Yearly Trough Low 18,804,712 IQD
Transaction Impact: A difference of 285,122.29 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3798.5055
3788.0702
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 3794.0868, compared to 3790.8609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2259 points.

H1 Avg (Jan–Jun) 3794.0868
H2 Avg (Jul–Dec) 3790.8609

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 57.0245 IQD (High: 3817.9668 / Low: 3760.9423). On the other end, September was the most stable month, with a tight range of 5.1284 IQD (High: 3793.7206 / Low: 3788.5922).

May Spread (Volatile) ±57.0245
September Spread (Stable) ±5.1284

Growth Streaks & Declines

Trends

Between 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 June and July, when the average rate fell by 3.7172 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.7172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 3793.9465) against the same month in 2020 (average: 3092.4969), the exchange rate shifted by +701.4496 (+22.68%).

2021 Avg (May) 3793.9465
2020 Avg (May) 3092.4969

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3813.8462 3790.2189 3797.6359
February 3799.2737 3787.2647 3794.3470
March 3799.1256 3782.0487 3794.2525
April 3798.8493 3777.0566 3791.6819
May 3817.9668 3760.9423 3793.9465
June 3798.9776 3790.6302 3792.6570
July 3792.6298 3777.4787 3788.9398
August 3804.2853 3784.0645 3791.0029
September 3793.7206 3788.5922 3791.6018
October 3792.8203 3786.1965 3791.2703
November 3795.4191 3786.1617 3790.3572
December 3817.0743 3779.3763 3791.9934