YEARLY HIGH
10370.2024 MGA
YEARLY LOW
9636.2385 MGA
YEARLY AVERAGE
10007.5794 MGA

2021 OMR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the OMR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 10370.2024. Conversely, the yearly low was recorded on February 8, dropping to 9636.2385.

This high-to-low spread represents a total annual volatility of 733.9639 MGA. From a start-to-finish perspective, comparing the January average rate of 9889.9813 to the December average rate of 10303.2450, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 10370.2024 was up 0.44% compared to the 2020 peak of 10324.3535, 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 51,851,012 MGA
2020 Average 49,479,197 MGA
Yearly Trough Low 48,181,192 MGA
Transaction Impact: A difference of 3,669,819.31 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10390.8539
9712.2089
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 9815.9214, compared to 10199.2374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 383.3160 points.

H1 Avg (Jan–Jun) 9815.9214
H2 Avg (Jul–Dec) 10199.2374

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 449.0342 MGA (High: 10212.0619 / Low: 9763.0278). On the other end, November was the most stable month, with a tight range of 68.8521 MGA (High: 10370.2024 / Low: 10301.3502).

January Spread (Volatile) ±449.0342
November Spread (Stable) ±68.8521

Growth Streaks & Declines

Trends

Between May and November, 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 January and February, when the average rate fell by 117.2493 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -117.2493

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 10334.3002) against the same month in 2020 (average: 10186.2687), the exchange rate shifted by +148.0315 (+1.45%).

2021 Avg (November) 10334.3002
2020 Avg (November) 10186.2687

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10212.0619 9763.0278 9889.9813
February 9842.8274 9636.2385 9772.7320
March 9883.0002 9693.7542 9801.8662
April 9900.7694 9770.6905 9843.0309
May 9912.7038 9730.8004 9768.7626
June 10030.0429 9738.3706 9819.1553
July 10195.1562 9773.4171 9970.3329
August 10191.5073 9844.2113 10105.9863
September 10315.3841 10129.1598 10205.4163
October 10330.1952 10162.9712 10276.1439
November 10370.2024 10301.3502 10334.3002
December 10351.3706 10147.9413 10303.2450