2016 OMR to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 OMR to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the OMR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 79015.2613. Conversely, the yearly low was recorded on February 2, dropping to 77847.1171.
This high-to-low spread represents a total annual volatility of 1168.1442 IRR. From a start-to-finish perspective, comparing the January average rate of 77925.5774 to the December average rate of 78112.0742, the exchange rate registered a net change of 0.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 79015.2613 was up 0.72% compared to the 2015 peak of 78454.0661, 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 IRR 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 78452.4784, compared to 78146.9258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 305.5526 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was July, with a trading range of 920.2829 IRR (High: 79015.2613 / Low: 78094.9784). On the other end, September was the most stable month, with a tight range of 58.6068 IRR (High: 78151.7102 / Low: 78093.1035).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 480.2755 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2016: 78290.4796) against the same month in 2015 (average: 76564.1298), the exchange rate shifted by +1726.3498 (+2.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 77951.3118 | 77870.4699 | 77925.5774 |
| February | 78460.8391 | 77847.1171 | 78352.6322 |
| March | 78612.9134 | 78426.1311 | 78503.4042 |
| April | 78584.2496 | 78474.3175 | 78533.3503 |
| May | 78732.6508 | 78562.2650 | 78629.1510 |
| June | 78963.4297 | 78221.8031 | 78770.7551 |
| July | 79015.2613 | 78094.9784 | 78290.4796 |
| August | 78162.7625 | 78079.4702 | 78119.0095 |
| September | 78151.7102 | 78093.1035 | 78121.3660 |
| October | 78149.3767 | 78081.7435 | 78109.7243 |
| November | 78160.7484 | 78055.2814 | 78128.9011 |
| December | 78163.3887 | 78050.2037 | 78112.0742 |