YEARLY HIGH
0.0290 OMR
YEARLY LOW
0.0228 OMR
YEARLY AVERAGE
0.0263 OMR

2016 ZAR to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.0290. Conversely, the yearly low was recorded on January 18, dropping to 0.0228.

This high-to-low spread represents a total annual volatility of 0.0062 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0237 to the December average rate of 0.0278, the exchange rate registered a net change of 17.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0290 was down 14.85% compared to the 2015 peak of 0.0341, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 1,450 OMR
2015 Average 1,517 OMR
Yearly Trough Low 1,142 OMR
Transaction Impact: A difference of 308.39 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0284
0.0232
JanuMarcMayJulySeptNove

ZAR 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 0.0250, compared to 0.0275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0250
H2 Avg (Jul–Dec) 0.0275

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0027 OMR (High: 0.0271 / Low: 0.0244). On the other end, December was the most stable month, with a tight range of 0.0013 OMR (High: 0.0285 / Low: 0.0272).

May Spread (Volatile) ±0.0027
December Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.0276) against the same month in 2015 (average: 0.0272), the exchange rate shifted by +0.0003 (+1.24%).

2016 Avg (November) 0.0276
2015 Avg (November) 0.0272

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0249 0.0228 0.0237
February 0.0253 0.0238 0.0244
March 0.0261 0.0243 0.0251
April 0.0271 0.0253 0.0264
May 0.0271 0.0244 0.0252
June 0.0267 0.0246 0.0255
July 0.0277 0.0260 0.0267
August 0.0289 0.0263 0.0280
September 0.0285 0.0264 0.0273
October 0.0284 0.0269 0.0276
November 0.0290 0.0266 0.0276
December 0.0285 0.0272 0.0278