2024 BHD to OMR Historical Review

YEARLY HIGH

1.0277 OMR

YEARLY LOW

1.0154 OMR

YEARLY AVERAGE

1.0214 OMR

2024 BHD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 1.0277. Conversely, the yearly low was recorded on February 4, dropping to 1.0154.

This high-to-low spread represents a total annual volatility of 0.0123 OMR. From a start-to-finish perspective, comparing the January average rate of 1.0213 to the December average rate of 1.0211, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0277 was down 0.03% compared to the 2023 peak of 1.0280, 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 5,138 OMR

2023 Average 5,107 OMR

Yearly Trough Low 5,077 OMR

Transaction Impact: A difference of 61.46 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0220

1.0211

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 1.0214, compared to 1.0215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 1.0214

H2 Avg (Jul–Dec) 1.0215

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0098 OMR (High: 1.0252 / Low: 1.0154). On the other end, January was the most stable month, with a tight range of 0.0014 OMR (High: 1.0219 / Low: 1.0205).

February Spread (Volatile) ±0.0098

January Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 1.0220) against the same month in 2023 (average: 1.0212), the exchange rate shifted by +0.0008 (+0.08%).

2024 Avg (August) 1.0220

2023 Avg (August) 1.0212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0219	1.0205	1.0213
February	1.0252	1.0154	1.0213
March	1.0230	1.0212	1.0215
April	1.0220	1.0181	1.0212
May	1.0235	1.0201	1.0214
June	1.0233	1.0161	1.0215
July	1.0228	1.0210	1.0215
August	1.0277	1.0207	1.0220
September	1.0227	1.0196	1.0216
October	1.0235	1.0202	1.0215
November	1.0258	1.0164	1.0214
December	1.0240	1.0193	1.0211