YEARLY HIGH
0.0623 OMR
YEARLY LOW
0.0530 OMR
YEARLY AVERAGE
0.0583 OMR

2017 HRK to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HRK to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 0.0623. Conversely, the yearly low was recorded on January 3, dropping to 0.0530.

This high-to-low spread represents a total annual volatility of 0.0093 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0544 to the December average rate of 0.0605, the exchange rate registered a net change of 11.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0623 was up 5.66% compared to the 2016 peak of 0.0590, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HRK based on timing:

Yearly Peak High 312 OMR
2016 Average 283 OMR
Yearly Trough Low 265 OMR
Transaction Impact: A difference of 46.64 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0622
0.0536
JanuMarcMayJulySeptNove

HRK 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 0.0560, compared to 0.0606 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0560
H2 Avg (Jul–Dec) 0.0606

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0026 OMR (High: 0.0556 / Low: 0.0530). On the other end, August was the most stable month, with a tight range of 0.0012 OMR (High: 0.0621 / Low: 0.0609).

January Spread (Volatile) ±0.0026
August Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between April and September, 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 September and October, when the average rate fell by 0.0012 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.0615) against the same month in 2016 (average: 0.0576), the exchange rate shifted by +0.0039 (+6.77%).

2017 Avg (September) 0.0615
2016 Avg (September) 0.0576

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0556 0.0530 0.0544
February 0.0559 0.0545 0.0551
March 0.0562 0.0545 0.0555
April 0.0564 0.0547 0.0554
May 0.0584 0.0562 0.0573
June 0.0594 0.0578 0.0583
July 0.0614 0.0590 0.0599
August 0.0621 0.0609 0.0615
September 0.0623 0.0603 0.0615
October 0.0608 0.0595 0.0603
November 0.0608 0.0592 0.0599
December 0.0622 0.0599 0.0605