2014 OMR to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 OMR to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the OMR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 481.1522. Conversely, the yearly low was recorded on January 4, dropping to 412.3696.
This high-to-low spread represents a total annual volatility of 68.7826 NGN. From a start-to-finish perspective, comparing the January average rate of 415.8510 to the December average rate of 472.7727, the exchange rate registered a net change of 13.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 481.1522 was up 13.04% compared to the 2013 peak of 425.6613, 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 2014.
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 422.3815, compared to 435.4627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.0812 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was November, with a trading range of 33.5591 NGN (High: 463.6656 / Low: 430.1065). On the other end, March was the most stable month, with a tight range of 2.7314 NGN (High: 428.8211 / Low: 426.0898).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 6.6330 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 472.7727) against the same month in 2013 (average: 413.4004), the exchange rate shifted by +59.3723 (+14.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 422.6143 | 412.3696 | 415.8510 |
| February | 429.7892 | 422.3449 | 425.5956 |
| March | 428.8211 | 426.0898 | 427.9372 |
| April | 428.2011 | 417.2714 | 421.3042 |
| May | 423.3534 | 412.7961 | 420.0709 |
| June | 425.1121 | 421.7226 | 423.5300 |
| July | 423.2900 | 420.1419 | 421.4623 |
| August | 422.6718 | 417.8771 | 420.8664 |
| September | 426.5909 | 421.3551 | 423.8212 |
| October | 430.5516 | 424.2343 | 427.8502 |
| November | 463.6656 | 430.1065 | 446.0035 |
| December | 481.1522 | 466.3678 | 472.7727 |