2022 OMR to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 OMR to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the OMR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 1165.7616. Conversely, the yearly low was recorded on January 9, dropping to 1067.4438.
This high-to-low spread represents a total annual volatility of 98.3178 NGN. From a start-to-finish perspective, comparing the January average rate of 1074.7534 to the December average rate of 1157.0238, the exchange rate registered a net change of 7.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 1165.7616 was up 8.45% compared to the 2021 peak of 1074.9082, 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 2022.
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 1079.1011, compared to 1121.4859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 42.3847 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 41.2553 NGN (High: 1135.2950 / Low: 1094.0397). On the other end, May was the most stable month, with a tight range of 7.1376 NGN (High: 1080.0047 / Low: 1072.8672).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.3773 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 1157.0238) against the same month in 2021 (average: 1067.9639), the exchange rate shifted by +89.0598 (+8.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1080.1296 | 1067.4438 | 1074.7534 |
| February | 1087.3973 | 1075.9519 | 1080.8665 |
| March | 1086.6103 | 1078.6289 | 1080.8116 |
| April | 1083.9473 | 1075.0781 | 1079.4342 |
| May | 1080.0047 | 1072.8672 | 1078.4243 |
| June | 1090.2617 | 1077.7086 | 1080.3168 |
| July | 1104.0152 | 1077.3995 | 1087.5569 |
| August | 1108.2350 | 1079.1730 | 1093.4326 |
| September | 1135.2950 | 1094.0397 | 1112.8563 |
| October | 1142.5983 | 1122.8324 | 1131.2742 |
| November | 1153.1531 | 1127.4541 | 1146.7714 |
| December | 1165.7616 | 1151.7374 | 1157.0238 |