YEARLY HIGH
0.2912 OMR
YEARLY LOW
0.2638 OMR
YEARLY AVERAGE
0.2792 OMR

2020 SGD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2912. Conversely, the yearly low was recorded on March 22, dropping to 0.2638.

This high-to-low spread represents a total annual volatility of 0.0274 OMR. From a start-to-finish perspective, comparing the January average rate of 0.2850 to the December average rate of 0.2890, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2912 was up 1.78% compared to the 2019 peak of 0.2861, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SGD based on timing:

Yearly Peak High 1,456 OMR
2019 Average 1,411 OMR
Yearly Trough Low 1,319 OMR
Transaction Impact: A difference of 136.87 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2909
0.2687
JanuMarcMayJulySeptNove

SGD to OMR 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 0.2753, compared to 0.2831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.2753
H2 Avg (Jul–Dec) 0.2831

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0157 OMR (High: 0.2795 / Low: 0.2638). On the other end, October was the most stable month, with a tight range of 0.0027 OMR (High: 0.2845 / Low: 0.2818).

March Spread (Volatile) ±0.0157
October Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0079 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.2890) against the same month in 2019 (average: 0.2838), the exchange rate shifted by +0.0052 (+1.82%).

2020 Avg (December) 0.2890
2019 Avg (December) 0.2838

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2862 0.2821 0.2850
February 0.2822 0.2746 0.2771
March 0.2795 0.2638 0.2719
April 0.2729 0.2675 0.2705
May 0.2727 0.2696 0.2714
June 0.2779 0.2734 0.2762
July 0.2807 0.2759 0.2774
August 0.2835 0.2797 0.2812
September 0.2836 0.2795 0.2817
October 0.2845 0.2818 0.2831
November 0.2878 0.2812 0.2859
December 0.2912 0.2878 0.2890