2023 OMR to HKD Historical Review

YEARLY HIGH

20.6812 HKD

YEARLY LOW

20.2269 HKD

YEARLY AVERAGE

20.3409 HKD

2023 OMR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 20.6812. Conversely, the yearly low was recorded on August 13, dropping to 20.2269.

This high-to-low spread represents a total annual volatility of 0.4543 HKD. From a start-to-finish perspective, comparing the January average rate of 20.3143 to the December average rate of 20.2849, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 20.6812 was up 0.85% compared to the 2022 peak of 20.5066, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 103,406 HKD

2022 Average 101,698 HKD

Yearly Trough Low 101,134 HKD

Transaction Impact: A difference of 2,271.64 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

20.4193

20.2727

JanuMarcMayJulySeptNove

OMR to HKD 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 20.3692, compared to 20.3126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0565 points.

H1 Avg (Jan–Jun) 20.3692

H2 Avg (Jul–Dec) 20.3126

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.3101 HKD (High: 20.6812 / Low: 20.3711). On the other end, October was the most stable month, with a tight range of 0.0630 HKD (High: 20.3694 / Low: 20.3064).

March Spread (Volatile) ±0.3101

October Spread (Stable) ±0.0630

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0413 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0413

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 20.4071) against the same month in 2022 (average: 20.3197), the exchange rate shifted by +0.0874 (+0.43%).

2023 Avg (March) 20.4071

2022 Avg (March) 20.3197

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.3637	20.2728	20.3143
February	20.4598	20.3479	20.3894
March	20.6812	20.3711	20.4071
April	20.5030	20.2643	20.3946
May	20.4658	20.3020	20.3605
June	20.4035	20.3068	20.3492
July	20.3778	20.2553	20.3090
August	20.3850	20.2269	20.3269
September	20.3851	20.3029	20.3414
October	20.3694	20.3064	20.3275
November	20.4246	20.2353	20.2861
December	20.3222	20.2271	20.2849