2023 BBD to OMR Historical Review

YEARLY HIGH

0.1937 OMR

YEARLY LOW

0.1898 OMR

YEARLY AVERAGE

0.1925 OMR

2023 BBD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 0.1937. Conversely, the yearly low was recorded on March 19, dropping to 0.1898.

This high-to-low spread represents a total annual volatility of 0.0039 OMR. From a start-to-finish perspective, comparing the January average rate of 0.1925 to the December average rate of 0.1925, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1937 was up 0.21% compared to the 2022 peak of 0.1933, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 968 OMR

2022 Average 962 OMR

Yearly Trough Low 949 OMR

Transaction Impact: A difference of 19.43 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1925

0.1923

JanuMarcMayJulySeptNove

BBD 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 0.1924, compared to 0.1925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1924

H2 Avg (Jul–Dec) 0.1925

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0028 OMR (High: 0.1925 / Low: 0.1898). On the other end, January was the most stable month, with a tight range of 0.0002 OMR (High: 0.1925 / Low: 0.1923).

March Spread (Volatile) ±0.0028

January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1924) against the same month in 2022 (average: 0.1925), the exchange rate shifted by -0.0001 (-0.05%).

2023 Avg (April) 0.1924

2022 Avg (April) 0.1925

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1925	0.1923	0.1925
February	0.1926	0.1918	0.1924
March	0.1925	0.1898	0.1923
April	0.1937	0.1914	0.1924
May	0.1927	0.1917	0.1925
June	0.1925	0.1919	0.1924
July	0.1927	0.1922	0.1925
August	0.1932	0.1921	0.1925
September	0.1925	0.1922	0.1925
October	0.1928	0.1922	0.1925
November	0.1925	0.1915	0.1924
December	0.1929	0.1921	0.1925