YEARLY HIGH
0.2204 OMR
YEARLY LOW
0.2043 OMR
YEARLY AVERAGE
0.2130 OMR

2024 BAM to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.2204. Conversely, the yearly low was recorded on December 20, dropping to 0.2043.

This high-to-low spread represents a total annual volatility of 0.0161 OMR. From a start-to-finish perspective, comparing the January average rate of 0.2148 to the December average rate of 0.2063, the exchange rate registered a net change of -3.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2204 was down 0.50% compared to the 2023 peak of 0.2215, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,102 OMR
2023 Average 1,065 OMR
Yearly Trough Low 1,021 OMR
Transaction Impact: A difference of 80.31 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2199
0.2050
JanuMarcMayJulySeptNove

BAM to OMR 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 0.2128, compared to 0.2132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.2128
H2 Avg (Jul–Dec) 0.2132

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0097 OMR (High: 0.2147 / Low: 0.2050). On the other end, March was the most stable month, with a tight range of 0.0031 OMR (High: 0.2154 / Low: 0.2123).

November Spread (Volatile) ±0.0097
March Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0052 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2167) against the same month in 2023 (average: 0.2149), the exchange rate shifted by +0.0018 (+0.84%).

2024 Avg (August) 0.2167
2023 Avg (August) 0.2149

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2178 0.2131 0.2148
February 0.2142 0.2108 0.2125
March 0.2154 0.2123 0.2139
April 0.2139 0.2092 0.2113
May 0.2141 0.2100 0.2127
June 0.2144 0.2103 0.2118
July 0.2153 0.2110 0.2136
August 0.2204 0.2125 0.2167
September 0.2203 0.2168 0.2187
October 0.2184 0.2122 0.2145
November 0.2147 0.2050 0.2093
December 0.2084 0.2043 0.2063