YEARLY HIGH
1.0280 OMR
YEARLY LOW
1.0171 OMR
YEARLY AVERAGE
1.0214 OMR

2023 BHD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 1.0280. Conversely, the yearly low was recorded on December 2, dropping to 1.0171.

This high-to-low spread represents a total annual volatility of 0.0109 OMR. From a start-to-finish perspective, comparing the January average rate of 1.0213 to the December average rate of 1.0210, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0280 was up 0.07% compared to the 2022 peak of 1.0273, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,140 OMR
2022 Average 5,106 OMR
Yearly Trough Low 5,086 OMR
Transaction Impact: A difference of 54.51 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0220
1.0209
JanuMarcMayJulySeptNove

BHD 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 1.0215, compared to 1.0213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 1.0215
H2 Avg (Jul–Dec) 1.0213

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0101 OMR (High: 1.0277 / Low: 1.0177). On the other end, August was the most stable month, with a tight range of 0.0017 OMR (High: 1.0215 / Low: 1.0198).

February Spread (Volatile) ±0.0101
August Spread (Stable) ±0.0017

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 July and August, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 1.0217) against the same month in 2022 (average: 1.0208), the exchange rate shifted by +0.0009 (+0.09%).

2023 Avg (April) 1.0217
2022 Avg (April) 1.0208

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0230 1.0202 1.0213
February 1.0277 1.0177 1.0218
March 1.0227 1.0204 1.0212
April 1.0280 1.0196 1.0217
May 1.0246 1.0171 1.0214
June 1.0254 1.0204 1.0217
July 1.0271 1.0211 1.0219
August 1.0215 1.0198 1.0212
September 1.0227 1.0207 1.0213
October 1.0236 1.0191 1.0212
November 1.0231 1.0189 1.0212
December 1.0227 1.0171 1.0210