YEARLY HIGH
329.7465 ISK
YEARLY LOW
302.2662 ISK
YEARLY AVERAGE
318.3439 ISK

2019 OMR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the OMR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 329.7465. Conversely, the yearly low was recorded on January 1, dropping to 302.2662.

This high-to-low spread represents a total annual volatility of 27.4803 ISK. From a start-to-finish perspective, comparing the January average rate of 310.8496 to the December average rate of 316.9527, the exchange rate registered a net change of 1.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 329.7465 was up 1.31% compared to the 2018 peak of 325.4942, 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 1,648,732 ISK
2018 Average 1,405,976 ISK
Yearly Trough Low 1,511,331 ISK
Transaction Impact: A difference of 137,401.65 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

325.7395
309.4959
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 314.8719, compared to 321.8159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.9439 points.

H1 Avg (Jan–Jun) 314.8719
H2 Avg (Jul–Dec) 321.8159

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 16.2810 ISK (High: 318.8318 / Low: 302.5507). On the other end, October was the most stable month, with a tight range of 4.6068 ISK (High: 325.7888 / Low: 321.1820).

March Spread (Volatile) ±16.2810
October Spread (Stable) ±4.6068

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 3.9149 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -3.9149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 324.3859) against the same month in 2018 (average: 286.9033), the exchange rate shifted by +37.4826 (+13.06%).

2019 Avg (September) 324.3859
2018 Avg (September) 286.9033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 315.6577 302.2662 310.8496
February 314.6241 308.6000 311.2375
March 318.8318 302.5507 311.3625
April 319.1442 308.6847 312.9741
May 323.2333 314.9151 318.9752
June 328.2503 320.8154 323.8328
July 328.9921 313.5803 323.7446
August 327.2839 314.8797 321.4468
September 329.7465 319.7001 324.3859
October 325.7888 321.1820 323.4975
November 324.8578 315.0996 320.8676
December 320.6049 314.4180 316.9527