YEARLY HIGH
8807.6965 MGA
YEARLY LOW
7621.2953 MGA
YEARLY AVERAGE
8253.3920 MGA

2016 OMR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the OMR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 8807.6965. Conversely, the yearly low was recorded on July 29, dropping to 7621.2953.

This high-to-low spread represents a total annual volatility of 1186.4012 MGA. From a start-to-finish perspective, comparing the January average rate of 8340.2300 to the December average rate of 8660.7085, the exchange rate registered a net change of 3.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 8807.6965 was down 0.50% compared to the 2015 peak of 8852.3791, 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 44,038,482 MGA
2015 Average 40,285,924 MGA
Yearly Trough Low 38,106,476 MGA
Transaction Impact: A difference of 5,932,005.97 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

8742.3674
7762.4606
JanuMarcMayJulySeptNove

OMR to MGA 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 8323.8519, compared to 8182.9321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 140.9198 points.

H1 Avg (Jan–Jun) 8323.8519
H2 Avg (Jul–Dec) 8182.9321

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 748.8975 MGA (High: 8370.1928 / Low: 7621.2953). On the other end, January was the most stable month, with a tight range of 77.4863 MGA (High: 8380.0876 / Low: 8302.6013).

July Spread (Volatile) ±748.8975
January Spread (Stable) ±77.4863

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 481.3923 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -481.3923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 8660.7085) against the same month in 2015 (average: 8338.7515), the exchange rate shifted by +321.9569 (+3.86%).

2016 Avg (December) 8660.7085
2015 Avg (December) 8338.7515

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8380.0876 8302.6013 8340.2300
February 8356.5739 8180.7294 8272.1817
March 8444.8513 8262.9031 8327.3846
April 8307.3158 8223.8996 8268.7900
May 8458.7962 8146.9715 8257.8126
June 8539.5979 8419.5245 8476.7126
July 8370.1928 7621.2953 7995.3203
August 7935.9279 7669.5885 7844.1195
September 8067.2484 7874.5933 7920.8740
October 8364.4209 8067.4589 8254.1794
November 8644.6503 8181.8701 8422.3910
December 8807.6965 8570.7217 8660.7085