2017 OMR to SEK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 OMR to SEK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the OMR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 23.7794. Conversely, the yearly low was recorded on September 7, dropping to 20.5784.
This high-to-low spread represents a total annual volatility of 3.2010 SEK. From a start-to-finish perspective, comparing the January average rate of 23.2370 to the December average rate of 21.7698, the exchange rate registered a net change of -6.31% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 23.7794 was down 2.34% compared to the 2016 peak of 24.3487, 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 2017.
OMR to SEK 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 23.0241, compared to 21.3551 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6690 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 1.1128 SEK (High: 22.0991 / Low: 20.9862). On the other end, November was the most stable month, with a tight range of 0.5351 SEK (High: 22.0338 / Low: 21.4988).
Growth Streaks & Declines
TrendsBetween 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 0.9627 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 23.2370) against the same month in 2016 (average: 22.1818), the exchange rate shifted by +1.0552 (+4.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.7794 | 22.7173 | 23.2370 |
| February | 23.5490 | 22.7268 | 23.1474 |
| March | 23.5990 | 22.8117 | 23.1540 |
| April | 23.5727 | 22.7488 | 23.2730 |
| May | 23.1828 | 22.4779 | 22.7888 |
| June | 22.8074 | 21.8881 | 22.5447 |
| July | 22.0991 | 20.9862 | 21.5820 |
| August | 21.2338 | 20.6207 | 20.9848 |
| September | 21.1530 | 20.5784 | 20.7834 |
| October | 21.7566 | 20.8901 | 21.2455 |
| November | 22.0338 | 21.4988 | 21.7654 |
| December | 22.0805 | 21.2556 | 21.7698 |