YEARLY HIGH
22.5466 NOK
YEARLY LOW
20.0788 NOK
YEARLY AVERAGE
21.4737 NOK

2017 OMR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the OMR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 22.5466. Conversely, the yearly low was recorded on August 27, dropping to 20.0788.

This high-to-low spread represents a total annual volatility of 2.4678 NOK. From a start-to-finish perspective, comparing the January average rate of 21.9838 to the December average rate of 21.5899, the exchange rate registered a net change of -1.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 22.5466 was down 2.96% compared to the 2016 peak of 23.2354, 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 112,733 NOK
2016 Average 109,087 NOK
Yearly Trough Low 100,394 NOK
Transaction Impact: A difference of 12,339.18 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

22.5089
20.1433
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 22.0109, compared to 20.9366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0743 points.

H1 Avg (Jan–Jun) 22.0109
H2 Avg (Jul–Dec) 20.9366

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 1.3359 NOK (High: 21.8016 / Low: 20.4657). On the other end, April was the most stable month, with a tight range of 0.4229 NOK (High: 22.5305 / Low: 22.1075).

July Spread (Volatile) ±1.3359
April Spread (Stable) ±0.4229

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.7952 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7952

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 22.0737) against the same month in 2016 (average: 21.3937), the exchange rate shifted by +0.6800 (+3.18%).

2017 Avg (May) 22.0737
2016 Avg (May) 21.3937

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.4837 21.4235 21.9838
February 21.8198 21.3208 21.6357
March 22.3654 21.8605 22.0891
April 22.5305 22.1075 22.3118
May 22.5466 21.6275 22.0737
June 22.2049 21.6745 21.9711
July 21.8016 20.4657 21.1758
August 20.7293 20.0788 20.4836
September 20.6787 20.0840 20.3404
October 21.2688 20.4784 20.7766
November 21.6115 21.1083 21.2531
December 21.8347 21.3145 21.5899