2021 OMR to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 OMR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |