YEARLY HIGH
391.2288 JMD
YEARLY LOW
340.2240 JMD
YEARLY AVERAGE
368.7152 JMD

2020 OMR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the OMR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 391.2288. Conversely, the yearly low was recorded on January 4, dropping to 340.2240.

This high-to-low spread represents a total annual volatility of 51.0048 JMD. From a start-to-finish perspective, comparing the January average rate of 349.5325 to the December average rate of 373.3663, the exchange rate registered a net change of 6.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 391.2288 was up 6.74% compared to the 2019 peak of 366.5204, 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 1,956,144 JMD
2019 Average 1,734,429 JMD
Yearly Trough Low 1,701,120 JMD
Transaction Impact: A difference of 255,024.23 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

390.8970
345.7721
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 360.2739, compared to 377.1566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.8827 points.

H1 Avg (Jan–Jun) 360.2739
H2 Avg (Jul–Dec) 377.1566

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 22.1970 JMD (High: 362.4210 / Low: 340.2240). On the other end, November was the most stable month, with a tight range of 8.0019 JMD (High: 384.7956 / Low: 376.7938).

January Spread (Volatile) ±22.1970
November Spread (Stable) ±8.0019

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 13.4952 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -13.4952

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 387.1366) against the same month in 2019 (average: 350.6058), the exchange rate shifted by +36.5307 (+10.42%).

2020 Avg (August) 387.1366
2019 Avg (August) 350.6058

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 362.4210 340.2240 349.5325
February 367.4694 356.3486 363.2419
March 356.3486 346.1458 351.1784
April 367.8523 348.0036 357.1949
May 381.9850 365.2369 374.8630
June 371.5034 361.9132 365.6325
July 382.6691 361.0947 371.8373
August 391.2288 382.2501 387.1366
September 385.0644 367.3495 373.6413
October 379.7682 367.4641 375.2332
November 384.7956 376.7938 381.7247
December 380.3163 368.8480 373.3663