2022 OMR to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 OMR to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the OMR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 386.0229. Conversely, the yearly low was recorded on February 9, dropping to 322.4357.
This high-to-low spread represents a total annual volatility of 63.5872 ISK. From a start-to-finish perspective, comparing the January average rate of 335.0474 to the December average rate of 369.6909, the exchange rate registered a net change of 10.34% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 386.0229 was up 11.83% compared to the 2021 peak of 345.1733, 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 2022.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 335.7811, compared to 366.7109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 30.9298 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 20.4476 ISK (High: 386.0229 / Low: 365.5753). On the other end, December was the most stable month, with a tight range of 6.7243 ISK (High: 373.1493 / Low: 366.4250).
Growth Streaks & Declines
TrendsBetween April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 10.2050 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 374.1956) against the same month in 2021 (average: 339.3813), the exchange rate shifted by +34.8143 (+10.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 339.7728 | 331.7039 | 335.0474 |
| February | 330.8762 | 322.4357 | 324.8424 |
| March | 349.0217 | 330.4375 | 338.4749 |
| April | 340.7527 | 332.8026 | 335.7272 |
| May | 349.6049 | 329.6112 | 340.1796 |
| June | 346.8662 | 331.2106 | 340.4150 |
| July | 360.3721 | 346.7079 | 354.2948 |
| August | 368.1646 | 351.0768 | 360.1744 |
| September | 377.6104 | 359.5009 | 368.1302 |
| October | 377.2566 | 368.7610 | 373.7791 |
| November | 386.0229 | 365.5753 | 374.1956 |
| December | 373.1493 | 366.4250 | 369.6909 |