YEARLY HIGH
8775.0722 MGA
YEARLY LOW
7530.2457 MGA
YEARLY AVERAGE
8111.3152 MGA

2017 OMR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the OMR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 8775.0722. Conversely, the yearly low was recorded on July 25, dropping to 7530.2457.

This high-to-low spread represents a total annual volatility of 1244.8265 MGA. From a start-to-finish perspective, comparing the January average rate of 8523.3482 to the December average rate of 8380.8873, the exchange rate registered a net change of -1.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 8775.0722 was down 0.37% compared to the 2016 peak of 8807.6965, 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 43,875,361 MGA
2016 Average 41,265,419 MGA
Yearly Trough Low 37,651,229 MGA
Transaction Impact: A difference of 6,224,132.43 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

8607.5459
7597.1733
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 8260.0676, compared to 7962.5629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 297.5047 points.

H1 Avg (Jan–Jun) 8260.0676
H2 Avg (Jul–Dec) 7962.5629

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 582.1292 MGA (High: 8555.7143 / Low: 7973.5851). On the other end, November was the most stable month, with a tight range of 186.4309 MGA (High: 8371.3886 / Low: 8184.9577).

March Spread (Volatile) ±582.1292
November Spread (Stable) ±186.4309

Growth Streaks & Declines

Trends

Between July and December, 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 June and July, when the average rate fell by 455.0958 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -455.0958

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 8523.3482) against the same month in 2016 (average: 8340.2300), the exchange rate shifted by +183.1182 (+2.20%).

2017 Avg (January) 8523.3482
2016 Avg (January) 8340.2300

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8775.0722 8276.1856 8523.3482
February 8385.8022 7962.1144 8186.4404
March 8555.7143 7973.5851 8276.4861
April 8517.4563 8214.4810 8311.5908
May 8310.0586 7947.4890 8126.0731
June 8373.1374 7840.4157 8136.4668
July 7986.7224 7530.2457 7681.3710
August 7782.3562 7545.4584 7699.2714
September 7910.9741 7624.4437 7761.5532
October 8221.5118 7870.2934 7996.4563
November 8371.3886 8184.9577 8255.8380
December 8474.2432 8247.8006 8380.8873