2017 OMR to HNL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 OMR to HNL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the OMR to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 61.6468. Conversely, the yearly low was recorded on January 17, dropping to 59.2600.
This high-to-low spread represents a total annual volatility of 2.3868 HNL. From a start-to-finish perspective, comparing the January average rate of 60.6412 to the December average rate of 61.4001, the exchange rate registered a net change of 1.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 61.6468 was up 1.11% compared to the 2016 peak of 60.9706, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 OMR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
OMR to HNL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 60.9031, compared to 61.0008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0977 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 2.1147 HNL (High: 61.3747 / Low: 59.2600). On the other end, December was the most stable month, with a tight range of 0.4408 HNL (High: 61.6363 / Low: 61.1954).
Growth Streaks & Declines
TrendsBetween August and December, 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 0.1514 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 61.3247) against the same month in 2016 (average: 59.8371), the exchange rate shifted by +1.4876 (+2.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61.3747 | 59.2600 | 60.6412 |
| February | 61.4221 | 60.7631 | 61.1574 |
| March | 61.2480 | 60.2931 | 61.0109 |
| April | 61.1420 | 60.5276 | 60.8596 |
| May | 61.1671 | 60.4493 | 60.9040 |
| June | 61.1209 | 60.3871 | 60.8456 |
| July | 61.0549 | 60.1888 | 60.7632 |
| August | 61.2622 | 60.2081 | 60.6170 |
| September | 61.2855 | 60.5953 | 60.8617 |
| October | 61.4848 | 60.6523 | 61.0383 |
| November | 61.6468 | 61.0560 | 61.3247 |
| December | 61.6363 | 61.1954 | 61.4001 |