YEARLY HIGH
10324.3535 MGA
YEARLY LOW
9401.8404 MGA
YEARLY AVERAGE
9895.3559 MGA

2020 OMR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the OMR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 10324.3535. Conversely, the yearly low was recorded on January 4, dropping to 9401.8404.

This high-to-low spread represents a total annual volatility of 922.5132 MGA. From a start-to-finish perspective, comparing the January average rate of 9560.5567 to the December average rate of 9918.4669, the exchange rate registered a net change of 3.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 10324.3535 was up 5.12% compared to the 2019 peak of 9821.5810, 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 51,621,768 MGA
2019 Average 47,182,778 MGA
Yearly Trough Low 47,009,202 MGA
Transaction Impact: A difference of 4,612,565.78 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

10248.8399
9497.9855
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 9747.4929, compared to 10043.2189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 295.7259 points.

H1 Avg (Jan–Jun) 9747.4929
H2 Avg (Jul–Dec) 10043.2189

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 497.4968 MGA (High: 10324.3535 / Low: 9826.8567). On the other end, May was the most stable month, with a tight range of 134.7883 MGA (High: 9939.4302 / Low: 9804.6420).

November Spread (Volatile) ±497.4968
May Spread (Stable) ±134.7883

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 267.8018 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -267.8018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 10186.2687) against the same month in 2019 (average: 9585.9018), the exchange rate shifted by +600.3669 (+6.26%).

2020 Avg (November) 10186.2687
2019 Avg (November) 9585.9018

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9668.6136 9401.8404 9560.5567
February 9696.1250 9415.7556 9621.2517
March 9788.4652 9471.1885 9668.9343
April 9929.0921 9732.7769 9799.5851
May 9939.4302 9804.6420 9895.8173
June 10058.2982 9720.5267 9938.8125
July 10057.8261 9875.3760 9984.9950
August 10013.1556 9842.8879 9966.5362
September 10119.3278 9958.2098 10027.9942
October 10322.5945 10103.5666 10175.0522
November 10324.3535 9826.8567 10186.2687
December 10158.5702 9662.8898 9918.4669