YEARLY HIGH
0.3861 OMR
YEARLY LOW
0.3837 OMR
YEARLY AVERAGE
0.3849 OMR

2024 BMD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 0.3861. Conversely, the yearly low was recorded on November 3, dropping to 0.3837.

This high-to-low spread represents a total annual volatility of 0.0025 OMR. From a start-to-finish perspective, comparing the January average rate of 0.3849 to the December average rate of 0.3849, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3861 was down 0.31% compared to the 2023 peak of 0.3873, 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 1,931 OMR
2023 Average 1,925 OMR
Yearly Trough Low 1,918 OMR
Transaction Impact: A difference of 12.26 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3850
0.3848
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 0.0000 points.

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

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0019 OMR (High: 0.3861 / Low: 0.3842). On the other end, February was the most stable month, with a tight range of 0.0002 OMR (High: 0.3850 / Low: 0.3848).

April Spread (Volatile) ±0.0019
February Spread (Stable) ±0.0002

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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.3849) against the same month in 2023 (average: 0.3849), the exchange rate shifted by +0.0001 (+0.01%).

2024 Avg (April) 0.3849
2023 Avg (April) 0.3849

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3856 0.3841 0.3849
February 0.3850 0.3848 0.3849
March 0.3854 0.3843 0.3849
April 0.3861 0.3842 0.3849
May 0.3850 0.3843 0.3849
June 0.3850 0.3843 0.3849
July 0.3857 0.3845 0.3849
August 0.3850 0.3845 0.3849
September 0.3850 0.3845 0.3849
October 0.3856 0.3845 0.3850
November 0.3851 0.3837 0.3849
December 0.3850 0.3847 0.3849