YEARLY HIGH
0.3873 OMR
YEARLY LOW
0.3796 OMR
YEARLY AVERAGE
0.3849 OMR

2023 BMD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 0.3873. Conversely, the yearly low was recorded on March 19, dropping to 0.3796.

This high-to-low spread represents a total annual volatility of 0.0078 OMR. From a start-to-finish perspective, comparing the January average rate of 0.3850 to the December average rate of 0.3850, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3873 was up 0.21% compared to the 2022 peak of 0.3865, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,937 OMR
2022 Average 1,925 OMR
Yearly Trough Low 1,898 OMR
Transaction Impact: A difference of 38.86 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3851
0.3846
JanuMarcMayJulySeptNove

BMD 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 0.3849, compared to 0.3849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.3849
H2 Avg (Jul–Dec) 0.3849

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0055 OMR (High: 0.3851 / Low: 0.3796). On the other end, January was the most stable month, with a tight range of 0.0004 OMR (High: 0.3850 / Low: 0.3846).

March Spread (Volatile) ±0.0055
January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.3849) against the same month in 2022 (average: 0.3851), the exchange rate shifted by -0.0002 (-0.05%).

2023 Avg (April) 0.3849
2022 Avg (April) 0.3851

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3850 0.3846 0.3850
February 0.3852 0.3837 0.3849
March 0.3851 0.3796 0.3846
April 0.3873 0.3829 0.3849
May 0.3855 0.3834 0.3849
June 0.3850 0.3838 0.3849
July 0.3854 0.3844 0.3849
August 0.3865 0.3843 0.3850
September 0.3851 0.3844 0.3849
October 0.3857 0.3845 0.3850
November 0.3850 0.3831 0.3848
December 0.3858 0.3843 0.3850