2019 OMR to NOK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 OMR to NOK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the OMR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 23.9679. Conversely, the yearly low was recorded on January 30, dropping to 21.8719.
This high-to-low spread represents a total annual volatility of 2.0961 NOK. From a start-to-finish perspective, comparing the January average rate of 22.2131 to the December average rate of 23.4203, the exchange rate registered a net change of 5.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 23.9679 was up 5.20% compared to the 2018 peak of 22.7837, 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 2019.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 22.3692, compared to 23.3380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9688 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 1.0325 NOK (High: 23.9170 / Low: 22.8845). On the other end, May was the most stable month, with a tight range of 0.3256 NOK (High: 22.8352 / Low: 22.5096).
Growth Streaks & Declines
TrendsBetween July and October, 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 November and December, when the average rate fell by 0.3313 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2019: 23.7579) against the same month in 2018 (average: 21.4555), the exchange rate shifted by +2.3024 (+10.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.8229 | 21.8719 | 22.2131 |
| February | 22.6281 | 21.9153 | 22.2964 |
| March | 22.7963 | 21.9496 | 22.3425 |
| April | 22.6013 | 22.0455 | 22.2577 |
| May | 22.8352 | 22.5096 | 22.6983 |
| June | 22.7824 | 22.0315 | 22.4073 |
| July | 23.0112 | 22.1509 | 22.3835 |
| August | 23.6903 | 23.0351 | 23.2911 |
| September | 23.6734 | 23.1803 | 23.4239 |
| October | 23.9679 | 23.5687 | 23.7579 |
| November | 23.9494 | 23.5964 | 23.7516 |
| December | 23.9170 | 22.8845 | 23.4203 |