YEARLY HIGH
958.2545 NGN
YEARLY LOW
788.3423 NGN
YEARLY AVERAGE
866.4361 NGN

2017 OMR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the OMR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 958.2545. Conversely, the yearly low was recorded on January 9, dropping to 788.3423.

This high-to-low spread represents a total annual volatility of 169.9121 NGN. From a start-to-finish perspective, comparing the January average rate of 813.1882 to the December average rate of 934.5730, the exchange rate registered a net change of 14.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 958.2545 was up 5.98% compared to the 2016 peak of 904.1544, 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 4,791,272 NGN
2016 Average 3,346,252 NGN
Yearly Trough Low 3,941,712 NGN
Transaction Impact: A difference of 849,560.62 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

946.7115
801.0497
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 819.1623, compared to 913.7099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 94.5477 points.

H1 Avg (Jan–Jun) 819.1623
H2 Avg (Jul–Dec) 913.7099

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 141.0492 NGN (High: 958.2545 / Low: 817.2053). On the other end, December was the most stable month, with a tight range of 6.8763 NGN (High: 937.8617 / Low: 930.9854).

August Spread (Volatile) ±141.0492
December Spread (Stable) ±6.8763

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 4.5598 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -4.5598

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 927.0995) against the same month in 2016 (average: 837.6074), the exchange rate shifted by +89.4921 (+10.68%).

2017 Avg (August) 927.0995
2016 Avg (August) 837.6074

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 824.6325 788.3423 813.1882
February 824.9174 794.4002 818.8040
March 827.1073 794.6883 815.1014
April 824.6818 796.3559 817.8548
May 845.2402 813.7857 823.2518
June 909.5533 812.4175 826.7736
July 909.7492 794.0929 822.2138
August 958.2545 817.2053 927.0995
September 939.2555 920.7888 931.5381
October 937.7145 924.6945 933.1071
November 940.5810 924.5360 933.7282
December 937.8617 930.9854 934.5730