YEARLY HIGH
40.0405 ZAR
YEARLY LOW
29.9854 ZAR
YEARLY AVERAGE
34.3939 ZAR

2018 OMR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the OMR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 40.0405. Conversely, the yearly low was recorded on February 24, dropping to 29.9854.

This high-to-low spread represents a total annual volatility of 10.0551 ZAR. From a start-to-finish perspective, comparing the January average rate of 31.6648 to the December average rate of 37.1177, the exchange rate registered a net change of 17.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 40.0405 was up 6.49% compared to the 2017 peak of 37.6018, 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 200,202 ZAR
2017 Average 172,788 ZAR
Yearly Trough Low 149,927 ZAR
Transaction Impact: A difference of 50,275.45 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

39.0430
29.9485
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 31.9452, compared to 36.8426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.8974 points.

H1 Avg (Jan–Jun) 31.9452
H2 Avg (Jul–Dec) 36.8426

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 3.8465 ZAR (High: 38.1903 / Low: 34.3438). On the other end, March was the most stable month, with a tight range of 0.9925 ZAR (High: 31.2271 / Low: 30.2346).

August Spread (Volatile) ±3.8465
March Spread (Stable) ±0.9925

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.1807 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.1807

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 38.2852) against the same month in 2017 (average: 34.1764), the exchange rate shifted by +4.1088 (+12.02%).

2018 Avg (September) 38.2852
2017 Avg (September) 34.1764

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.3401 30.7940 31.6648
February 31.5650 29.9854 30.7064
March 31.2271 30.2346 30.7654
April 32.3278 30.7312 31.4402
May 33.2247 31.7974 32.5526
June 36.0197 32.6543 34.5418
July 35.9447 34.0616 34.7741
August 38.1903 34.3438 36.5050
September 40.0405 36.6677 38.2852
October 38.6144 36.8339 37.7772
November 37.5775 35.5033 36.5965
December 38.0220 35.5889 37.1177