2017 OMR to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 OMR to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the OMR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 153.5218. Conversely, the yearly low was recorded on September 10, dropping to 132.8950.
This high-to-low spread represents a total annual volatility of 20.6268 MKD. From a start-to-finish perspective, comparing the January average rate of 150.3181 to the December average rate of 135.0443, the exchange rate registered a net change of -10.16% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 153.5218 was down 0.27% compared to the 2016 peak of 153.9355, 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 2017.
OMR to MKD 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 147.8244, compared to 135.9671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.8573 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 5.4447 MKD (High: 153.5218 / Low: 148.0770). On the other end, December was the most stable month, with a tight range of 3.0381 MKD (High: 136.1901 / Low: 133.1520).
Growth Streaks & Declines
TrendsBetween September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 4.7188 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 150.3181) against the same month in 2016 (average: 147.1960), the exchange rate shifted by +3.1221 (+2.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 153.5218 | 148.0770 | 150.3181 |
| February | 151.7359 | 148.3723 | 150.3408 |
| March | 152.2445 | 147.8679 | 149.8099 |
| April | 150.9609 | 146.1043 | 149.2939 |
| May | 147.1887 | 142.2631 | 144.5751 |
| June | 143.6164 | 140.1108 | 142.6085 |
| July | 141.0116 | 135.7385 | 138.7252 |
| August | 136.5443 | 133.4092 | 135.5201 |
| September | 136.1826 | 132.8950 | 134.2222 |
| October | 137.8590 | 134.8131 | 136.1003 |
| November | 137.9910 | 134.0314 | 136.1905 |
| December | 136.1901 | 133.1520 | 135.0443 |