YEARLY HIGH
23.2354 NOK
YEARLY LOW
20.7167 NOK
YEARLY AVERAGE
21.8172 NOK

2016 OMR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the OMR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 23.2354. Conversely, the yearly low was recorded on October 3, dropping to 20.7167.

This high-to-low spread represents a total annual volatility of 2.5188 NOK. From a start-to-finish perspective, comparing the January average rate of 22.8852 to the December average rate of 22.2654, the exchange rate registered a net change of -2.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 23.2354 was up 1.27% compared to the 2015 peak of 22.9444, 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 116,177 NOK
2015 Average 104,755 NOK
Yearly Trough Low 103,583 NOK
Transaction Impact: A difference of 12,593.88 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

23.0532
21.0369
JanuMarcMayJulySeptNove

OMR to NOK 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 21.9244, compared to 21.7100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2145 points.

H1 Avg (Jan–Jun) 21.9244
H2 Avg (Jul–Dec) 21.7100

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 1.1692 NOK (High: 22.3463 / Low: 21.1771). On the other end, February was the most stable month, with a tight range of 0.4409 NOK (High: 22.6121 / Low: 22.1712).

November Spread (Volatile) ±1.1692
February Spread (Stable) ±0.4409

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.6249 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 22.8852) against the same month in 2015 (average: 19.9222), the exchange rate shifted by +2.9629 (+14.87%).

2016 Avg (January) 22.8852
2015 Avg (January) 19.9222

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.2354 22.4149 22.8852
February 22.6121 22.1712 22.3450
March 22.5093 21.5253 21.9926
April 21.6400 20.9386 21.3677
May 21.7417 20.8442 21.3937
June 22.1939 21.0579 21.5623
July 22.2686 21.5669 21.9942
August 22.1100 21.2182 21.5772
September 21.6508 20.7636 21.3390
October 21.5004 20.7167 21.2049
November 22.3463 21.1771 21.8790
December 22.6419 21.7187 22.2654