2016 OMR to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 OMR to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the OMR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 336.6743. Conversely, the yearly low was recorded on January 10, dropping to 311.6850.
This high-to-low spread represents a total annual volatility of 24.9893 JMD. From a start-to-finish perspective, comparing the January average rate of 312.8788 to the December average rate of 334.7894, the exchange rate registered a net change of 7.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 336.6743 was up 7.86% compared to the 2015 peak of 312.1362, 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 2016.
OMR to JMD 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 317.7837, compared to 332.0254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.2417 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 5.8872 JMD (High: 324.2171 / Low: 318.3300). On the other end, March was the most stable month, with a tight range of 1.0456 JMD (High: 316.1387 / Low: 315.0930).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.6973 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 334.7894) against the same month in 2015 (average: 311.2563), the exchange rate shifted by +23.5331 (+7.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 315.7311 | 311.6850 | 312.8788 |
| February | 316.0110 | 313.2401 | 314.7571 |
| March | 316.1387 | 315.0930 | 315.6099 |
| April | 319.4184 | 315.6251 | 316.7839 |
| May | 324.2171 | 318.3300 | 321.2279 |
| June | 328.4352 | 323.6397 | 325.4445 |
| July | 329.4739 | 327.4991 | 328.5313 |
| August | 330.8869 | 328.1389 | 329.3140 |
| September | 331.7679 | 330.0143 | 330.8672 |
| October | 335.4798 | 330.7110 | 333.1636 |
| November | 336.5367 | 334.4567 | 335.4867 |
| December | 336.6743 | 333.7429 | 334.7894 |