YEARLY HIGH
0.0314 OMR
YEARLY LOW
0.0266 OMR
YEARLY AVERAGE
0.0290 OMR

2017 ZAR to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0314. Conversely, the yearly low was recorded on November 13, dropping to 0.0266.

This high-to-low spread represents a total annual volatility of 0.0048 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0284 to the December average rate of 0.0295, the exchange rate registered a net change of 3.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0314 was up 8.20% compared to the 2016 peak of 0.0290, 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 1,569 OMR
2016 Average 1,314 OMR
Yearly Trough Low 1,330 OMR
Transaction Impact: A difference of 239.38 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0301
0.0271
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 0.0292, compared to 0.0288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0292
H2 Avg (Jul–Dec) 0.0288

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0034 OMR (High: 0.0314 / Low: 0.0280). On the other end, June was the most stable month, with a tight range of 0.0011 OMR (High: 0.0305 / Low: 0.0294).

December Spread (Volatile) ±0.0034
June Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0295) against the same month in 2016 (average: 0.0278), the exchange rate shifted by +0.0017 (+6.07%).

2017 Avg (December) 0.0295
2016 Avg (December) 0.0278

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0291 0.0279 0.0284
February 0.0299 0.0286 0.0292
March 0.0310 0.0286 0.0298
April 0.0296 0.0276 0.0287
May 0.0300 0.0282 0.0291
June 0.0305 0.0294 0.0299
July 0.0299 0.0284 0.0293
August 0.0296 0.0285 0.0291
September 0.0301 0.0284 0.0293
October 0.0290 0.0270 0.0281
November 0.0282 0.0266 0.0273
December 0.0314 0.0280 0.0295