YEARLY HIGH
340.2585 ISK
YEARLY LOW
286.3271 ISK
YEARLY AVERAGE
313.6784 ISK

2016 OMR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the OMR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 340.2585. Conversely, the yearly low was recorded on December 7, dropping to 286.3271.

This high-to-low spread represents a total annual volatility of 53.9314 ISK. From a start-to-finish perspective, comparing the January average rate of 337.5301 to the December average rate of 292.4854, the exchange rate registered a net change of -13.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 340.2585 was down 6.37% compared to the 2015 peak of 363.4258, 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 1,701,293 ISK
2015 Average 1,712,310 ISK
Yearly Trough Low 1,431,635 ISK
Transaction Impact: A difference of 269,657.21 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

342.1185
287.0569
JanuMarcMayJulySeptNove

OMR to ISK 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 326.9962, compared to 300.3607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 26.6355 points.

H1 Avg (Jan–Jun) 326.9962
H2 Avg (Jul–Dec) 300.3607

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 15.5714 ISK (High: 337.0692 / Low: 321.4978). On the other end, January was the most stable month, with a tight range of 4.6234 ISK (High: 340.2585 / Low: 335.6351).

March Spread (Volatile) ±15.5714
January Spread (Stable) ±4.6234

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 10.0289 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -10.0289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 337.5301) against the same month in 2015 (average: 341.3855), the exchange rate shifted by -3.8555 (-1.13%).

2016 Avg (January) 337.5301
2015 Avg (January) 341.3855

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 340.2585 335.6351 337.5301
February 336.2408 328.3442 332.3839
March 337.0692 321.4978 328.8037
April 324.8652 318.6164 321.8616
May 325.3067 315.9634 321.1093
June 325.3170 315.3026 320.2884
July 319.5141 310.6550 316.7300
August 312.6587 302.6163 306.7011
September 301.4679 296.4460 298.2251
October 298.0743 293.1784 296.3771
November 294.7377 287.2663 291.6453
December 298.2949 286.3271 292.4854