2023 BGN to OMR Historical Review

YEARLY HIGH

0.2214 OMR

YEARLY LOW

0.2060 OMR

YEARLY AVERAGE

0.2129 OMR

2023 BGN to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.2214. Conversely, the yearly low was recorded on October 3, dropping to 0.2060.

This high-to-low spread represents a total annual volatility of 0.0154 OMR. From a start-to-finish perspective, comparing the January average rate of 0.2123 to the December average rate of 0.2150, the exchange rate registered a net change of 1.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2214 was down 1.81% compared to the 2022 peak of 0.2255, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,107 OMR

2022 Average 1,037 OMR

Yearly Trough Low 1,030 OMR

Transaction Impact: A difference of 77.04 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2186

0.2070

JanuMarcMayJulySeptNove

BGN 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 0.2130 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) 0.2130

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0082 OMR (High: 0.2164 / Low: 0.2082). On the other end, April was the most stable month, with a tight range of 0.0035 OMR (High: 0.2177 / Low: 0.2142).

November Spread (Volatile) ±0.0082

April Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0046 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2176) against the same month in 2022 (average: 0.2006), the exchange rate shifted by +0.0170 (+8.49%).

2023 Avg (July) 0.2176

2022 Avg (July) 0.2006

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2147	0.2071	0.2123
February	0.2147	0.2076	0.2105
March	0.2145	0.2077	0.2106
April	0.2177	0.2142	0.2160
May	0.2179	0.2104	0.2139
June	0.2162	0.2105	0.2134
July	0.2214	0.2137	0.2176
August	0.2168	0.2126	0.2148
September	0.2126	0.2068	0.2101
October	0.2100	0.2060	0.2080
November	0.2164	0.2082	0.2129
December	0.2185	0.2118	0.2150