2024 OMR to HKD Historical Review

YEARLY HIGH

20.3974 HKD

YEARLY LOW

20.1409 HKD

YEARLY AVERAGE

20.2715 HKD

2024 OMR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 20.3974. Conversely, the yearly low was recorded on October 6, dropping to 20.1409.

This high-to-low spread represents a total annual volatility of 0.2566 HKD. From a start-to-finish perspective, comparing the January average rate of 20.3066 to the December average rate of 20.1949, the exchange rate registered a net change of -0.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.3974 was down 1.37% compared to the 2023 peak of 20.6812, 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 101,987 HKD

2023 Average 101,702 HKD

Yearly Trough Low 100,704 HKD

Transaction Impact: A difference of 1,282.86 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.3598

20.1654

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 20.3138, compared to 20.2292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0846 points.

H1 Avg (Jan–Jun) 20.3138

H2 Avg (Jul–Dec) 20.2292

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.1310 HKD (High: 20.3974 / Low: 20.2664). On the other end, February was the most stable month, with a tight range of 0.0303 HKD (High: 20.3374 / Low: 20.3071).

April Spread (Volatile) ±0.1310

February Spread (Stable) ±0.0303

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0604 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0604

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 20.3436) against the same month in 2023 (average: 20.3946), the exchange rate shifted by -0.0509 (-0.25%).

2024 Avg (April) 20.3436

2023 Avg (April) 20.3946

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.3362	20.2524	20.3066
February	20.3374	20.3071	20.3193
March	20.3634	20.3102	20.3259
April	20.3974	20.2664	20.3436
May	20.3220	20.2620	20.2965
June	20.3491	20.2730	20.2909
July	20.3212	20.2566	20.2877
August	20.2990	20.2305	20.2568
September	20.2826	20.1899	20.2420
October	20.2058	20.1409	20.1816
November	20.2681	20.1830	20.2121
December	20.2205	20.1638	20.1949