2023 HRK to OMR Historical Review

YEARLY HIGH

0.0574 OMR

YEARLY LOW

0.0535 OMR

YEARLY AVERAGE

0.0553 OMR

2023 HRK to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0574. Conversely, the yearly low was recorded on October 3, dropping to 0.0535.

This high-to-low spread represents a total annual volatility of 0.0039 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0551 to the December average rate of 0.0558, the exchange rate registered a net change of 1.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0574 was down 2.09% compared to the 2022 peak of 0.0587, 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 287 OMR

2022 Average 269 OMR

Yearly Trough Low 267 OMR

Transaction Impact: A difference of 19.67 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0567

0.0537

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 0.0552, compared to 0.0553 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) 0.0552

H2 Avg (Jul–Dec) 0.0553

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0026 OMR (High: 0.0563 / Low: 0.0537). On the other end, October was the most stable month, with a tight range of 0.0010 OMR (High: 0.0545 / Low: 0.0535).

February Spread (Volatile) ±0.0026

October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

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

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0565) against the same month in 2022 (average: 0.0522), the exchange rate shifted by +0.0043 (+8.18%).

2023 Avg (July) 0.0565

2022 Avg (July) 0.0522

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0558	0.0538	0.0551
February	0.0563	0.0537	0.0546
March	0.0557	0.0537	0.0547
April	0.0565	0.0552	0.0560
May	0.0566	0.0546	0.0555
June	0.0561	0.0546	0.0554
July	0.0574	0.0555	0.0565
August	0.0563	0.0552	0.0557
September	0.0551	0.0537	0.0545
October	0.0545	0.0535	0.0540
November	0.0562	0.0541	0.0553
December	0.0567	0.0550	0.0558