YEARLY HIGH
276.9236 CVE
YEARLY LOW
248.4829 CVE
YEARLY AVERAGE
258.8489 CVE

2016 OMR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the OMR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 276.9236. Conversely, the yearly low was recorded on May 4, dropping to 248.4829.

This high-to-low spread represents a total annual volatility of 28.4407 CVE. From a start-to-finish perspective, comparing the January average rate of 263.5934 to the December average rate of 271.7653, the exchange rate registered a net change of 3.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 276.9236 was up 2.03% compared to the 2015 peak of 271.4208, 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 1,384,618 CVE
2015 Average 1,289,710 CVE
Yearly Trough Low 1,242,414 CVE
Transaction Impact: A difference of 142,203.68 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

273.6732
250.7794
JanuMarcMayJulySeptNove

OMR to CVE 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 256.6431, compared to 261.0546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4116 points.

H1 Avg (Jan–Jun) 256.6431
H2 Avg (Jul–Dec) 261.0546

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 13.4308 CVE (High: 270.9677 / Low: 257.5369). On the other end, September was the most stable month, with a tight range of 2.4995 CVE (High: 256.6125 / Low: 254.1130).

November Spread (Volatile) ±13.4308
September Spread (Stable) ±2.4995

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 5.5013 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.5013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 271.7653) against the same month in 2015 (average: 262.8593), the exchange rate shifted by +8.9061 (+3.39%).

2016 Avg (December) 271.7653
2015 Avg (December) 262.8593

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 266.3507 262.0459 263.5934
February 263.3953 253.6939 258.0921
March 263.7223 252.9987 257.6828
April 254.9719 250.6251 252.6872
May 257.1332 248.4829 252.8141
June 259.9309 251.1165 254.9889
July 260.6886 256.4676 258.6443
August 258.4715 252.7717 255.5607
September 256.6125 254.1130 255.4785
October 263.3124 254.7556 259.5075
November 270.9677 257.5369 265.3715
December 276.9236 266.2210 271.7653