YEARLY HIGH
37.6018 ZAR
YEARLY LOW
31.8653 ZAR
YEARLY AVERAGE
34.5574 ZAR

2017 OMR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the OMR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 37.6018. Conversely, the yearly low was recorded on December 27, dropping to 31.8653.

This high-to-low spread represents a total annual volatility of 5.7365 ZAR. From a start-to-finish perspective, comparing the January average rate of 35.2755 to the December average rate of 34.0011, the exchange rate registered a net change of -3.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 37.6018 was down 14.13% compared to the 2016 peak of 43.7892, 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 188,009 ZAR
2016 Average 190,946 ZAR
Yearly Trough Low 159,326 ZAR
Transaction Impact: A difference of 28,682.52 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

36.9169
33.1791
JanuMarcMayJulySeptNove

OMR to ZAR 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 34.3089, compared to 34.8058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4969 points.

H1 Avg (Jan–Jun) 34.3089
H2 Avg (Jul–Dec) 34.8058

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 3.8977 ZAR (High: 35.7630 / Low: 31.8653). On the other end, June was the most stable month, with a tight range of 1.1894 ZAR (High: 34.0054 / Low: 32.8160).

December Spread (Volatile) ±3.8977
June Spread (Stable) ±1.1894

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 2.6044 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.6044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 36.6054) against the same month in 2016 (average: 36.3193), the exchange rate shifted by +0.2861 (+0.79%).

2017 Avg (November) 36.6054
2016 Avg (November) 36.3193

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.8555 34.3883 35.2755
February 34.9736 33.4323 34.2244
March 34.9468 32.2202 33.5660
April 36.1784 33.7632 34.8746
May 35.4406 33.2943 34.4225
June 34.0054 32.8160 33.4905
July 35.1609 33.4741 34.0806
August 35.0454 33.7699 34.3851
September 35.2614 33.2436 34.1764
October 37.0107 34.4394 35.5864
November 37.6018 35.4988 36.6054
December 35.7630 31.8653 34.0011