YEARLY HIGH
325.4942 ISK
YEARLY LOW
254.1433 ISK
YEARLY AVERAGE
281.0899 ISK

2018 OMR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the OMR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 325.4942. Conversely, the yearly low was recorded on March 26, dropping to 254.1433.

This high-to-low spread represents a total annual volatility of 71.3508 ISK. From a start-to-finish perspective, comparing the January average rate of 266.8361 to the December average rate of 312.9704, the exchange rate registered a net change of 17.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 325.4942 was up 7.36% compared to the 2017 peak of 303.1690, 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 1,627,471 ISK
2017 Average 1,384,574 ISK
Yearly Trough Low 1,270,717 ISK
Transaction Impact: A difference of 356,754.24 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

325.4058
252.3229
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 265.5826, compared to 296.5971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 31.0145 points.

H1 Avg (Jan–Jun) 265.5826
H2 Avg (Jul–Dec) 296.5971

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 25.4486 ISK (High: 316.0006 / Low: 290.5520). On the other end, February was the most stable month, with a tight range of 6.8388 ISK (High: 266.0086 / Low: 259.1698).

October Spread (Volatile) ±25.4486
February Spread (Stable) ±6.8388

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 6.3452 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -6.3452

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 319.3156) against the same month in 2017 (average: 270.4459), the exchange rate shifted by +48.8697 (+18.07%).

2018 Avg (November) 319.3156
2017 Avg (November) 270.4459

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 272.9667 260.7359 266.8361
February 266.0086 259.1698 262.2581
March 261.8599 254.1433 258.4132
April 263.4901 255.3733 258.8041
May 276.5981 264.0915 269.8072
June 283.6577 271.6846 277.3768
July 279.2084 271.5295 276.5599
August 284.2921 276.2046 279.6235
September 294.5853 279.6727 286.9033
October 316.0006 290.5520 304.2100
November 325.4942 313.3616 319.3156
December 321.7013 301.7459 312.9704