2024 BGN to OMR Historical Review

YEARLY HIGH

0.2203 OMR

YEARLY LOW

0.2041 OMR

YEARLY AVERAGE

0.2130 OMR

2024 BGN to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.2203. Conversely, the yearly low was recorded on December 19, dropping to 0.2041.

This high-to-low spread represents a total annual volatility of 0.0162 OMR. From a start-to-finish perspective, comparing the January average rate of 0.2147 to the December average rate of 0.2061, the exchange rate registered a net change of -3.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2203 was down 0.51% compared to the 2023 peak of 0.2214, 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 1,101 OMR

2023 Average 1,065 OMR

Yearly Trough Low 1,020 OMR

Transaction Impact: A difference of 81.13 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2199

0.2049

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 0.2132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 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 0.0101 OMR (High: 0.2151 / Low: 0.2050). On the other end, February was the most stable month, with a tight range of 0.0031 OMR (High: 0.2140 / Low: 0.2109).

November Spread (Volatile) ±0.0101

February 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 0.0053 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2169) against the same month in 2023 (average: 0.2148), the exchange rate shifted by +0.0022 (+1.02%).

2024 Avg (August) 0.2169

2023 Avg (August) 0.2148

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2177	0.2130	0.2147
February	0.2140	0.2109	0.2124
March	0.2155	0.2122	0.2139
April	0.2140	0.2091	0.2111
May	0.2140	0.2100	0.2128
June	0.2145	0.2102	0.2118
July	0.2151	0.2113	0.2136
August	0.2203	0.2124	0.2169
September	0.2201	0.2167	0.2186
October	0.2179	0.2121	0.2145
November	0.2151	0.2050	0.2092
December	0.2084	0.2041	0.2061