2017 OMR to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 OMR to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the OMR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 1903.4467. Conversely, the yearly low was recorded on January 5, dropping to 1862.8332.
This high-to-low spread represents a total annual volatility of 40.6135 MWK. From a start-to-finish perspective, comparing the January average rate of 1882.9869 to the December average rate of 1884.8355, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 1903.4467 was down 2.69% compared to the 2016 peak of 1956.1622, 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 MWK 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 1884.5106, compared to 1884.2599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2508 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 39.7078 MWK (High: 1902.5410 / Low: 1862.8332). On the other end, December was the most stable month, with a tight range of 10.0205 MWK (High: 1888.4458 / Low: 1878.4252).
Growth Streaks & Declines
TrendsBetween July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 3.8575 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2017: 1883.0414) against the same month in 2016 (average: 1817.6849), the exchange rate shifted by +65.3565 (+3.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1902.5410 | 1862.8332 | 1882.9869 |
| February | 1896.0646 | 1868.9744 | 1883.7723 |
| March | 1903.4467 | 1867.2979 | 1883.0414 |
| April | 1892.2335 | 1875.2787 | 1886.0681 |
| May | 1889.9146 | 1876.3328 | 1884.5925 |
| June | 1898.4153 | 1875.2836 | 1886.6026 |
| July | 1888.1907 | 1872.2606 | 1882.7451 |
| August | 1898.3528 | 1865.9282 | 1883.8094 |
| September | 1892.4190 | 1881.5034 | 1884.9981 |
| October | 1893.3375 | 1882.3137 | 1885.3522 |
| November | 1895.1785 | 1871.1108 | 1883.8190 |
| December | 1888.4458 | 1878.4252 | 1884.8355 |