YEARLY HIGH
0.0628 OMR
YEARLY LOW
0.0573 OMR
YEARLY AVERAGE
0.0605 OMR

2021 HRK to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0628. Conversely, the yearly low was recorded on November 24, dropping to 0.0573.

This high-to-low spread represents a total annual volatility of 0.0055 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0620 to the December average rate of 0.0579, the exchange rate registered a net change of -6.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0628 was up 0.18% compared to the 2020 peak of 0.0627, 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
2020 Average 292 OMR
Yearly Trough Low 287 OMR
Transaction Impact: A difference of 27.66 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0626
0.0574
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 0.0614, compared to 0.0596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0614
H2 Avg (Jul–Dec) 0.0596

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0022 OMR (High: 0.0595 / Low: 0.0573). On the other end, December was the most stable month, with a tight range of 0.0007 OMR (High: 0.0582 / Low: 0.0576).

November Spread (Volatile) ±0.0022
December Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0620) against the same month in 2020 (average: 0.0574), the exchange rate shifted by +0.0045 (+7.89%).

2021 Avg (January) 0.0620
2020 Avg (January) 0.0574

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0628 0.0615 0.0620
February 0.0619 0.0608 0.0615
March 0.0614 0.0596 0.0604
April 0.0618 0.0598 0.0608
May 0.0628 0.0613 0.0622
June 0.0626 0.0609 0.0618
July 0.0610 0.0601 0.0607
August 0.0610 0.0600 0.0604
September 0.0611 0.0595 0.0605
October 0.0598 0.0591 0.0594
November 0.0595 0.0573 0.0584
December 0.0582 0.0576 0.0579