2017 OMR to HRK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 OMR to HRK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the OMR to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 18.8628. Conversely, the yearly low was recorded on September 10, dropping to 16.0404.
This high-to-low spread represents a total annual volatility of 2.8224 HRK. From a start-to-finish perspective, comparing the January average rate of 18.3982 to the December average rate of 16.5221, the exchange rate registered a net change of -10.20% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 18.8628 was up 0.07% compared to the 2016 peak of 18.8488, 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 HRK 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 17.8715, compared to 16.5053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3662 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 0.8899 HRK (High: 18.8628 / Low: 17.9729). On the other end, August was the most stable month, with a tight range of 0.3206 HRK (High: 16.4108 / Low: 16.0903).
Growth Streaks & Declines
TrendsBetween September and November, 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 April and May, when the average rate fell by 0.6116 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 18.3982) against the same month in 2016 (average: 18.3031), the exchange rate shifted by +0.0952 (+0.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.8628 | 17.9729 | 18.3982 |
| February | 18.3633 | 17.9040 | 18.1652 |
| March | 18.3470 | 17.7819 | 18.0243 |
| April | 18.2656 | 17.7455 | 18.0568 |
| May | 17.7861 | 17.1312 | 17.4452 |
| June | 17.3018 | 16.8220 | 17.1391 |
| July | 16.9538 | 16.2896 | 16.6846 |
| August | 16.4108 | 16.0903 | 16.2707 |
| September | 16.5770 | 16.0404 | 16.2631 |
| October | 16.8180 | 16.4425 | 16.5957 |
| November | 16.8940 | 16.4567 | 16.6953 |
| December | 16.6923 | 16.0787 | 16.5221 |