YEARLY HIGH
22.7837 NOK
YEARLY LOW
19.8505 NOK
YEARLY AVERAGE
21.1432 NOK

2018 OMR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the OMR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 22.7837. Conversely, the yearly low was recorded on February 1, dropping to 19.8505.

This high-to-low spread represents a total annual volatility of 2.9332 NOK. From a start-to-finish perspective, comparing the January average rate of 20.5402 to the December average rate of 22.4264, the exchange rate registered a net change of 9.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 22.7837 was up 1.05% compared to the 2017 peak of 22.5466, 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 113,919 NOK
2017 Average 107,362 NOK
Yearly Trough Low 99,252 NOK
Transaction Impact: A difference of 14,666.15 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

22.6512
19.9537
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 20.5959, compared to 21.6906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0947 points.

H1 Avg (Jan–Jun) 20.5959
H2 Avg (Jul–Dec) 21.6906

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 1.3367 NOK (High: 21.2910 / Low: 19.9543). On the other end, June was the most stable month, with a tight range of 0.4694 NOK (High: 21.2791 / Low: 20.8098).

January Spread (Volatile) ±1.3367
June Spread (Stable) ±0.4694

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2217 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.2217

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 22.4264) against the same month in 2017 (average: 21.5899), the exchange rate shifted by +0.8365 (+3.87%).

2018 Avg (December) 22.4264
2017 Avg (December) 21.5899

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.2910 19.9543 20.5402
February 20.7367 19.8505 20.3542
March 20.4180 19.9323 20.1785
April 20.8091 20.1532 20.3813
May 21.5389 20.7754 21.0312
June 21.2791 20.8098 21.0899
July 21.3680 20.8273 21.1228
August 22.0314 21.2293 21.6722
September 21.9546 21.0621 21.4506
October 21.9042 21.1549 21.4555
November 22.3282 21.6705 22.0159
December 22.7837 22.0839 22.4264