YEARLY HIGH
357.4035 JMD
YEARLY LOW
320.2456 JMD
YEARLY AVERAGE
334.7704 JMD

2018 OMR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the OMR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 357.4035. Conversely, the yearly low was recorded on January 11, dropping to 320.2456.

This high-to-low spread represents a total annual volatility of 37.1579 JMD. From a start-to-finish perspective, comparing the January average rate of 322.5961 to the December average rate of 332.0677, the exchange rate registered a net change of 2.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 357.4035 was up 5.13% compared to the 2017 peak of 339.9474, 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 1,787,017 JMD
2017 Average 1,666,129 JMD
Yearly Trough Low 1,601,228 JMD
Transaction Impact: A difference of 185,789.51 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

357.0687
319.4622
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 327.8065, compared to 341.7343 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.9279 points.

H1 Avg (Jan–Jun) 327.8065
H2 Avg (Jul–Dec) 341.7343

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 16.3396 JMD (High: 349.6218 / Low: 333.2822). On the other end, January was the most stable month, with a tight range of 3.9475 JMD (High: 324.1931 / Low: 320.2456).

October Spread (Volatile) ±16.3396
January Spread (Stable) ±3.9475

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 14.6770 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -14.6770

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 353.9349) against the same month in 2017 (average: 337.2868), the exchange rate shifted by +16.6481 (+4.94%).

2018 Avg (September) 353.9349
2017 Avg (September) 337.2868

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 324.1931 320.2456 322.5961
February 330.0297 323.0464 326.5556
March 333.0341 326.7316 330.4353
April 327.5797 322.8393 324.1647
May 329.8544 323.2661 326.1706
June 343.1316 329.9693 336.9167
July 346.5997 335.6542 340.1938
August 356.0745 346.8839 352.1965
September 357.4035 349.6144 353.9349
October 349.6218 333.2822 343.3451
November 333.0851 324.5472 328.6681
December 334.7801 328.9904 332.0677