YEARLY HIGH
949.0787 NGN
YEARLY LOW
795.9017 NGN
YEARLY AVERAGE
935.2244 NGN

2019 OMR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the OMR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 949.0787. Conversely, the yearly low was recorded on June 5, dropping to 795.9017.

This high-to-low spread represents a total annual volatility of 153.1771 NGN. From a start-to-finish perspective, comparing the January average rate of 943.8782 to the December average rate of 941.8194, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 949.0787 was down 0.07% compared to the 2018 peak of 949.7300, 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 4,745,394 NGN
2018 Average 4,692,465 NGN
Yearly Trough Low 3,979,508 NGN
Transaction Impact: A difference of 765,885.29 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

947.9535
899.0502
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 932.0520, compared to 938.3968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3448 points.

H1 Avg (Jan–Jun) 932.0520
H2 Avg (Jul–Dec) 938.3968

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 149.7153 NGN (High: 945.6542 / Low: 795.9389). On the other end, November was the most stable month, with a tight range of 3.6002 NGN (High: 942.6710 / Low: 939.0708).

August Spread (Volatile) ±149.7153
November Spread (Stable) ±3.6002

Growth Streaks & Declines

Trends

Between 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 May and June, when the average rate fell by 32.4712 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -32.4712

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 943.8782) against the same month in 2018 (average: 935.4530), the exchange rate shifted by +8.4253 (+0.90%).

2019 Avg (January) 943.8782
2018 Avg (January) 935.4530

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 949.0787 939.0372 943.8782
February 942.6078 937.0553 938.8883
March 939.0635 932.0439 935.3600
April 938.7677 931.9866 935.4637
May 939.3534 933.3194 935.5967
June 938.6030 795.9017 903.1254
July 941.1309 933.8560 936.2955
August 945.6542 795.9389 932.5765
September 942.8302 932.2625 939.1780
October 943.5692 937.5771 939.6637
November 942.6710 939.0708 940.8478
December 944.0113 938.9757 941.8194