YEARLY HIGH
409.8858 JMD
YEARLY LOW
384.9835 JMD
YEARLY AVERAGE
398.5663 JMD

2022 OMR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the OMR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 409.8858. Conversely, the yearly low was recorded on September 18, dropping to 384.9835.

This high-to-low spread represents a total annual volatility of 24.9023 JMD. From a start-to-finish perspective, comparing the January average rate of 402.5093 to the December average rate of 398.1451, the exchange rate registered a net change of -1.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 409.8858 was up 1.08% compared to the 2021 peak of 405.4983, 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 2,049,429 JMD
2021 Average 1,956,184 JMD
Yearly Trough Low 1,924,918 JMD
Transaction Impact: A difference of 124,511.46 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

407.3826
392.3125
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 401.1662, compared to 395.9665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.1998 points.

H1 Avg (Jan–Jun) 401.1662
H2 Avg (Jul–Dec) 395.9665

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 12.0801 JMD (High: 397.0637 / Low: 384.9835). On the other end, May was the most stable month, with a tight range of 4.1213 JMD (High: 403.4242 / Low: 399.3029).

September Spread (Volatile) ±12.0801
May Spread (Stable) ±4.1213

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 February and March, when the average rate fell by 7.3595 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -7.3595

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 406.1267) against the same month in 2021 (average: 389.0700), the exchange rate shifted by +17.0568 (+4.38%).

2022 Avg (February) 406.1267
2021 Avg (February) 389.0700

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 406.1076 399.1494 402.5093
February 409.8858 399.9916 406.1267
March 403.6776 395.2790 398.7672
April 404.9602 398.1275 401.3564
May 403.4242 399.3029 401.7217
June 401.2547 391.0073 396.5161
July 399.5812 389.8318 393.8535
August 398.1595 390.8590 394.3288
September 397.0637 384.9835 393.5683
October 399.6164 392.9225 396.7768
November 400.7326 393.4337 399.1262
December 400.6383 394.0661 398.1451