YEARLY HIGH
18.9064 HRK
YEARLY LOW
17.4872 HRK
YEARLY AVERAGE
18.0970 HRK

2024 OMR to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 18.9064. Conversely, the yearly low was recorded on August 24, dropping to 17.4872.

This high-to-low spread represents a total annual volatility of 1.4191 HRK. From a start-to-finish perspective, comparing the January average rate of 17.9456 to the December average rate of 18.6932, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.9064 was up 1.14% compared to the 2023 peak of 18.6942, 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 94,532 HRK
2023 Average 90,503 HRK
Yearly Trough Low 87,436 HRK
Transaction Impact: A difference of 7,095.64 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.8002
17.5154
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 18.1094, compared to 18.0846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0248 points.

H1 Avg (Jan–Jun) 18.1094
H2 Avg (Jul–Dec) 18.0846

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.8891 HRK (High: 18.7914 / Low: 17.9023). On the other end, February was the most stable month, with a tight range of 0.2786 HRK (High: 18.2777 / Low: 17.9990).

November Spread (Volatile) ±0.8891
February Spread (Stable) ±0.2786

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.2756 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2756

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 18.6932) against the same month in 2023 (average: 17.9244), the exchange rate shifted by +0.7687 (+4.29%).

2024 Avg (December) 18.6932
2023 Avg (December) 17.9244

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.1118 17.7014 17.9456
February 18.2777 17.9990 18.1354
March 18.1498 17.8708 18.0143
April 18.4305 18.0192 18.2602
May 18.2637 17.9775 18.1087
June 18.3258 17.9454 18.1925
July 18.2307 17.8906 18.0372
August 18.1434 17.4872 17.7617
September 17.7754 17.4919 17.6225
October 18.1547 17.6867 17.9635
November 18.7914 17.9023 18.4297
December 18.9064 18.4961 18.6932