2020 OMR to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 OMR to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the OMR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 647484.3065. Conversely, the yearly low was recorded on March 29, dropping to 644299.5253.
This high-to-low spread represents a total annual volatility of 3184.7811 VEF. From a start-to-finish perspective, comparing the January average rate of 645407.9042 to the December average rate of 645465.0230, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 647484.3065 was down 0.19% compared to the 2019 peak of 648713.1925, 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 2020.
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 645418.2652, compared to 645443.2325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 24.9673 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 3031.2869 VEF (High: 647330.8122 / Low: 644299.5253). On the other end, September was the most stable month, with a tight range of 174.3615 VEF (High: 645534.7872 / Low: 645360.4257).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 176.2270 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2020: 645529.0628) against the same month in 2019 (average: 645420.4130), the exchange rate shifted by +108.6498 (+0.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 645521.3714 | 645320.2018 | 645407.9042 |
| February | 645521.3714 | 645341.9892 | 645422.2201 |
| March | 647330.8122 | 644299.5253 | 645439.2372 |
| April | 646475.2785 | 644926.6077 | 645263.0102 |
| May | 647484.3065 | 645145.9563 | 645529.0628 |
| June | 645596.8424 | 645395.6257 | 645448.1564 |
| July | 645578.3923 | 645147.6312 | 645430.8925 |
| August | 645509.6331 | 645295.0645 | 645417.5315 |
| September | 645534.7872 | 645360.4257 | 645440.2763 |
| October | 645635.4232 | 645189.5088 | 645451.2331 |
| November | 646123.9534 | 645350.3693 | 645454.4387 |
| December | 645722.6665 | 645375.5110 | 645465.0230 |