2021 OMR to MYR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 OMR to MYR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the OMR to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 11.0100. Conversely, the yearly low was recorded on January 4, dropping to 10.4058.
This high-to-low spread represents a total annual volatility of 0.6041 MYR. From a start-to-finish perspective, comparing the January average rate of 10.4897 to the December average rate of 10.9386, the exchange rate registered a net change of 4.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 11.0100 was down 4.58% compared to the 2020 peak of 11.5386, 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 MYR 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 10.6411, compared to 10.8839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2428 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was March, with a trading range of 0.2550 MYR (High: 10.7821 / Low: 10.5271). On the other end, February was the most stable month, with a tight range of 0.1093 MYR (High: 10.5772 / Low: 10.4679).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1406 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 10.8577) against the same month in 2020 (average: 10.6772), the exchange rate shifted by +0.1804 (+1.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.5321 | 10.4058 | 10.4897 |
| February | 10.5772 | 10.4679 | 10.5134 |
| March | 10.7821 | 10.5271 | 10.6774 |
| April | 10.7665 | 10.6381 | 10.7110 |
| May | 10.7729 | 10.6380 | 10.7177 |
| June | 10.8062 | 10.6702 | 10.7375 |
| July | 11.0008 | 10.7941 | 10.9125 |
| August | 11.0096 | 10.7992 | 10.9608 |
| September | 10.8917 | 10.7433 | 10.8203 |
| October | 10.8740 | 10.7542 | 10.8138 |
| November | 11.0100 | 10.7757 | 10.8577 |
| December | 10.9955 | 10.8415 | 10.9386 |