2024 BBD to OMR Historical Review

YEARLY HIGH

0.1931 OMR

YEARLY LOW

0.1918 OMR

YEARLY AVERAGE

0.1925 OMR

2024 BBD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 0.1931. Conversely, the yearly low was recorded on November 3, dropping to 0.1918.

This high-to-low spread represents a total annual volatility of 0.0012 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 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1931 was down 0.31% compared to the 2023 peak of 0.1937, 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 965 OMR

2023 Average 962 OMR

Yearly Trough Low 959 OMR

Transaction Impact: A difference of 6.13 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1925

0.1924

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 0.1925, 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) 0.1925

H2 Avg (Jul–Dec) 0.1925

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0009 OMR (High: 0.1931 / Low: 0.1921). On the other end, February was the most stable month, with a tight range of 0.0001 OMR (High: 0.1925 / Low: 0.1924).

April Spread (Volatile) ±0.0009

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and July, 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 0.0000 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1925) against the same month in 2023 (average: 0.1924), the exchange rate shifted by +0.0000 (+0.01%).

2024 Avg (April) 0.1925

2023 Avg (April) 0.1924

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1928	0.1921	0.1925
February	0.1925	0.1924	0.1925
March	0.1927	0.1921	0.1925
April	0.1931	0.1921	0.1925
May	0.1925	0.1921	0.1924
June	0.1925	0.1921	0.1925
July	0.1928	0.1923	0.1925
August	0.1925	0.1923	0.1925
September	0.1925	0.1922	0.1925
October	0.1928	0.1923	0.1925
November	0.1925	0.1918	0.1925
December	0.1925	0.1923	0.1925