YEARLY HIGH
345.1733 ISK
YEARLY LOW
311.2556 ISK
YEARLY AVERAGE
329.8607 ISK

2021 OMR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the OMR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 345.1733. Conversely, the yearly low was recorded on June 2, dropping to 311.2556.

This high-to-low spread represents a total annual volatility of 33.9177 ISK. From a start-to-finish perspective, comparing the January average rate of 333.8727 to the December average rate of 337.8636, the exchange rate registered a net change of 1.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 345.1733 was down 9.80% compared to the 2020 peak of 382.6656, 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 1,725,867 ISK
2020 Average 1,757,884 ISK
Yearly Trough Low 1,556,278 ISK
Transaction Impact: A difference of 169,588.34 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

341.6063
314.9058
JanuMarcMayJulySeptNove

OMR to ISK 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 327.0429, compared to 332.6785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6356 points.

H1 Avg (Jan–Jun) 327.0429
H2 Avg (Jul–Dec) 332.6785

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 14.3189 ISK (High: 327.2490 / Low: 312.9302). On the other end, December was the most stable month, with a tight range of 3.7829 ISK (High: 339.7072 / Low: 335.9243).

May Spread (Volatile) ±14.3189
December Spread (Stable) ±3.7829

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 6.8415 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -6.8415

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 339.3813) against the same month in 2020 (average: 354.7117), the exchange rate shifted by -15.3304 (-4.32%).

2021 Avg (November) 339.3813
2020 Avg (November) 354.7117

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 336.9686 328.6020 333.8727
February 338.4151 327.4763 333.2082
March 333.9908 325.1847 330.6931
April 331.3060 318.0966 327.0971
May 327.2490 312.9302 320.2556
June 321.4168 311.2556 317.1309
July 327.9004 319.9231 322.9746
August 332.2148 321.1495 327.6957
September 339.1521 328.2329 332.8427
October 337.9505 332.7428 335.3132
November 345.1733 335.8701 339.3813
December 339.7072 335.9243 337.8636