2023 HKD to OMR Historical Review

YEARLY HIGH

0.0494 OMR

YEARLY LOW

0.0484 OMR

YEARLY AVERAGE

0.0492 OMR

2023 HKD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.0494. Conversely, the yearly low was recorded on March 18, dropping to 0.0484.

This high-to-low spread represents a total annual volatility of 0.0011 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0492 to the December average rate of 0.0493, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0494 was down 0.24% compared to the 2022 peak of 0.0496, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 1,236 OMR

2022 Average 1,229 OMR

Yearly Trough Low 1,209 OMR

Transaction Impact: A difference of 27.15 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0493

0.0490

JanuMarcMayJulySeptNove

HKD 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 0.0491, compared to 0.0492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0491

H2 Avg (Jul–Dec) 0.0492

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0007 OMR (High: 0.0491 / Low: 0.0484). On the other end, October was the most stable month, with a tight range of 0.0002 OMR (High: 0.0492 / Low: 0.0491).

March Spread (Volatile) ±0.0007

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0492) against the same month in 2022 (average: 0.0491), the exchange rate shifted by +0.0001 (+0.27%).

2023 Avg (August) 0.0492

2022 Avg (August) 0.0491

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0493	0.0491	0.0492
February	0.0491	0.0489	0.0490
March	0.0491	0.0484	0.0490
April	0.0493	0.0488	0.0490
May	0.0493	0.0489	0.0491
June	0.0492	0.0490	0.0491
July	0.0494	0.0491	0.0492
August	0.0494	0.0491	0.0492
September	0.0493	0.0491	0.0492
October	0.0492	0.0491	0.0492
November	0.0494	0.0490	0.0493
December	0.0494	0.0492	0.0493