YEARLY HIGH
904.1544 NGN
YEARLY LOW
514.9536 NGN
YEARLY AVERAGE
668.5642 NGN

2016 OMR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the OMR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 904.1544. Conversely, the yearly low was recorded on March 12, dropping to 514.9536.

This high-to-low spread represents a total annual volatility of 389.2009 NGN. From a start-to-finish perspective, comparing the January average rate of 517.0943 to the December average rate of 817.7550, the exchange rate registered a net change of 58.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 904.1544 was up 70.30% compared to the 2015 peak of 530.9115, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 OMR based on timing:

Yearly Peak High 4,520,772 NGN
2015 Average 2,569,832 NGN
Yearly Trough Low 2,574,768 NGN
Transaction Impact: A difference of 1,946,004.26 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

869.7034
484.5522
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 527.7563, compared to 809.3721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 281.6158 points.

H1 Avg (Jan–Jun) 527.7563
H2 Avg (Jul–Dec) 809.3721

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 219.4970 NGN (High: 735.0054 / Low: 515.5084). On the other end, April was the most stable month, with a tight range of 0.8065 NGN (High: 517.3699 / Low: 516.5633).

June Spread (Volatile) ±219.4970
April Spread (Stable) ±0.8065

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 24.6592 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -24.6592

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 837.6074) against the same month in 2015 (average: 516.7120), the exchange rate shifted by +320.8954 (+62.10%).

2016 Avg (August) 837.6074
2015 Avg (August) 516.7120

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 519.0312 516.2651 517.0943
February 518.7613 515.1222 516.6481
March 517.6808 514.9536 516.7855
April 517.3699 516.5633 516.9696
May 517.4470 516.5003 517.0465
June 735.0054 515.5084 581.9938
July 831.0697 732.4201 759.9592
August 904.1544 810.0858 837.6074
September 818.6107 807.3854 812.9482
October 819.9870 802.0060 812.8942
November 820.3442 808.2055 815.0689
December 823.4237 794.6282 817.7550