YEARLY HIGH
949.7300 NGN
YEARLY LOW
931.2188 NGN
YEARLY AVERAGE
938.4796 NGN

2018 OMR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the OMR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 949.7300. Conversely, the yearly low was recorded on January 1, dropping to 931.2188.

This high-to-low spread represents a total annual volatility of 18.5112 NGN. From a start-to-finish perspective, comparing the January average rate of 935.4530 to the December average rate of 945.4609, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 949.7300 was down 0.89% compared to the 2017 peak of 958.2545, 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 4,748,650 NGN
2017 Average 4,333,533 NGN
Yearly Trough Low 4,656,094 NGN
Transaction Impact: A difference of 92,555.92 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

946.5305
933.6954
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 935.5571, compared to 941.4020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.8449 points.

H1 Avg (Jan–Jun) 935.5571
H2 Avg (Jul–Dec) 941.4020

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 11.6360 NGN (High: 945.2490 / Low: 933.6131). On the other end, April was the most stable month, with a tight range of 2.9462 NGN (High: 935.7090 / Low: 932.7628).

September Spread (Volatile) ±11.6360
April Spread (Stable) ±2.9462

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.9242 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.9242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 945.4609) against the same month in 2017 (average: 934.5730), the exchange rate shifted by +10.8879 (+1.17%).

2018 Avg (December) 945.4609
2017 Avg (December) 934.5730

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 941.2258 931.2188 935.4530
February 938.3418 935.0528 936.4142
March 937.4824 934.0658 935.4901
April 935.7090 932.7628 934.7650
May 937.6209 931.2236 935.4538
June 937.9824 934.2734 935.7665
July 940.2915 932.7286 936.7542
August 941.9961 935.0278 937.7691
September 945.2490 933.6131 940.6103
October 945.5159 940.6680 943.7523
November 946.9033 936.7053 944.0652
December 949.7300 942.3113 945.4609