YEARLY HIGH
0.0627 OMR
YEARLY LOW
0.0539 OMR
YEARLY AVERAGE
0.0583 OMR

2020 HRK to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HRK to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0627. Conversely, the yearly low was recorded on March 19, dropping to 0.0539.

This high-to-low spread represents a total annual volatility of 0.0089 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0574 to the December average rate of 0.0621, the exchange rate registered a net change of 8.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0627 was up 4.73% compared to the 2019 peak of 0.0599, 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 314 OMR
2019 Average 291 OMR
Yearly Trough Low 269 OMR
Transaction Impact: A difference of 44.28 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0628
0.0544
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 0.0563, compared to 0.0603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0563
H2 Avg (Jul–Dec) 0.0603

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0046 OMR (High: 0.0585 / Low: 0.0539). On the other end, January was the most stable month, with a tight range of 0.0010 OMR (High: 0.0580 / Low: 0.0570).

March Spread (Volatile) ±0.0046
January Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between April and August, 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 March and April, when the average rate fell by 0.0011 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0621) against the same month in 2019 (average: 0.0575), the exchange rate shifted by +0.0047 (+8.10%).

2020 Avg (December) 0.0621
2019 Avg (December) 0.0575

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0580 0.0570 0.0574
February 0.0574 0.0557 0.0564
March 0.0585 0.0539 0.0563
April 0.0556 0.0545 0.0551
May 0.0563 0.0549 0.0555
June 0.0578 0.0564 0.0572
July 0.0610 0.0572 0.0586
August 0.0613 0.0603 0.0607
September 0.0610 0.0593 0.0602
October 0.0603 0.0592 0.0598
November 0.0609 0.0592 0.0603
December 0.0627 0.0615 0.0621