YEARLY HIGH
303.1690 ISK
YEARLY LOW
253.3938 ISK
YEARLY AVERAGE
276.9826 ISK

2017 OMR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the OMR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 303.1690. Conversely, the yearly low was recorded on June 3, dropping to 253.3938.

This high-to-low spread represents a total annual volatility of 49.7752 ISK. From a start-to-finish perspective, comparing the January average rate of 296.7505 to the December average rate of 272.2344, the exchange rate registered a net change of -8.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 303.1690 was down 10.90% compared to the 2016 peak of 340.2585, 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 1,515,845 ISK
2016 Average 1,568,191 ISK
Yearly Trough Low 1,266,969 ISK
Transaction Impact: A difference of 248,876.15 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

300.2191
258.5951
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 280.8824, compared to 273.0828 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.7996 points.

H1 Avg (Jan–Jun) 280.8824
H2 Avg (Jul–Dec) 273.0828

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 21.6985 ISK (High: 299.0883 / Low: 277.3898). On the other end, October was the most stable month, with a tight range of 4.7783 ISK (High: 276.7839 / Low: 272.0057).

February Spread (Volatile) ±21.6985
October Spread (Stable) ±4.7783

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 19.5542 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -19.5542

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 296.7505) against the same month in 2016 (average: 337.5301), the exchange rate shifted by -40.7796 (-12.08%).

2017 Avg (January) 296.7505
2016 Avg (January) 337.5301

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 303.1690 292.3179 296.7505
February 299.0883 277.3898 289.4627
March 294.3329 276.5701 283.6332
April 295.4478 275.6539 286.4691
May 276.6450 257.0362 266.9150
June 273.1139 253.3938 262.0638
July 280.0721 264.4071 270.7290
August 282.7331 270.2345 274.8813
September 280.3872 272.4971 276.2218
October 276.7839 272.0057 273.9843
November 276.1496 267.0984 270.4459
December 275.6441 268.2465 272.2344