2011 OMR to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 OMR to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the OMR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 427.3956. Conversely, the yearly low was recorded on August 25, dropping to 386.2058.
This high-to-low spread represents a total annual volatility of 41.1898 NGN. From a start-to-finish perspective, comparing the January average rate of 396.8650 to the December average rate of 422.1417, the exchange rate registered a net change of 6.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 427.3956 was up 6.02% compared to the 2010 peak of 403.1232, 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 2011.
OMR to NGN 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 401.8689, compared to 408.8918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.0229 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was August, with a trading range of 19.2440 NGN (High: 405.4498 / Low: 386.2058). On the other end, February was the most stable month, with a tight range of 4.5756 NGN (High: 400.7033 / Low: 396.1277).
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 9.0654 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 422.1417) against the same month in 2010 (average: 396.9434), the exchange rate shifted by +25.1983 (+6.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 400.6533 | 395.2616 | 396.8650 |
| February | 400.7033 | 396.1277 | 397.6768 |
| March | 408.6392 | 399.0967 | 403.3803 |
| April | 403.9733 | 398.7353 | 402.1794 |
| May | 410.0466 | 401.6901 | 406.0259 |
| June | 407.8022 | 396.0160 | 405.0862 |
| July | 398.7003 | 390.9813 | 396.0208 |
| August | 405.4498 | 386.2058 | 399.5437 |
| September | 413.5049 | 402.4681 | 406.4999 |
| October | 426.7838 | 409.6719 | 416.1030 |
| November | 419.1101 | 408.7752 | 413.0420 |
| December | 427.3956 | 418.8784 | 422.1417 |