2017 OMR to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 OMR to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the OMR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 28.5040. Conversely, the yearly low was recorded on April 8, dropping to 25.8359.
This high-to-low spread represents a total annual volatility of 2.6680 VEF. From a start-to-finish perspective, comparing the January average rate of 25.9392 to the December average rate of 26.7630, the exchange rate registered a net change of 3.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 28.5040 was up 9.22% compared to the 2016 peak of 26.0985, 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 VEF 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 26.0241, compared to 26.4336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4095 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 2.5792 VEF (High: 28.5040 / Low: 25.9248). On the other end, February was the most stable month, with a tight range of 0.0355 VEF (High: 25.9617 / Low: 25.9262).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2028 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 26.8678) against the same month in 2016 (average: 25.9189), the exchange rate shifted by +0.9489 (+3.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.9677 | 25.9142 | 25.9392 |
| February | 25.9617 | 25.9262 | 25.9417 |
| March | 25.9650 | 25.9233 | 25.9407 |
| April | 26.4255 | 25.8359 | 26.1053 |
| May | 26.4830 | 25.9110 | 26.1545 |
| June | 26.3521 | 25.9338 | 26.0632 |
| July | 26.4267 | 25.9113 | 26.2137 |
| August | 26.9511 | 25.9169 | 26.3523 |
| September | 26.4174 | 25.9267 | 26.1495 |
| October | 27.5153 | 25.9483 | 26.2551 |
| November | 28.5040 | 25.9248 | 26.8678 |
| December | 28.1944 | 25.8940 | 26.7630 |