YEARLY HIGH
0.0497 OMR
YEARLY LOW
0.0490 OMR
YEARLY AVERAGE
0.0493 OMR

2024 HKD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.0497. Conversely, the yearly low was recorded on April 14, dropping to 0.0490.

This high-to-low spread represents a total annual volatility of 0.0006 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0492 to the December average rate of 0.0495, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0497 was up 0.43% compared to the 2023 peak of 0.0494, 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 1,241 OMR
2023 Average 1,229 OMR
Yearly Trough Low 1,226 OMR
Transaction Impact: A difference of 15.61 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0496
0.0491
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 0.0492, compared to 0.0494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0492
H2 Avg (Jul–Dec) 0.0494

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0003 OMR (High: 0.0493 / Low: 0.0490). On the other end, February was the most stable month, with a tight range of 0.0001 OMR (High: 0.0492 / Low: 0.0492).

April Spread (Volatile) ±0.0003
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0496) against the same month in 2023 (average: 0.0492), the exchange rate shifted by +0.0004 (+0.72%).

2024 Avg (October) 0.0496
2023 Avg (October) 0.0492

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0494 0.0492 0.0492
February 0.0492 0.0492 0.0492
March 0.0492 0.0491 0.0492
April 0.0493 0.0490 0.0492
May 0.0494 0.0492 0.0493
June 0.0493 0.0491 0.0493
July 0.0494 0.0492 0.0493
August 0.0494 0.0493 0.0494
September 0.0495 0.0493 0.0494
October 0.0497 0.0495 0.0496
November 0.0495 0.0493 0.0495
December 0.0496 0.0495 0.0495