YEARLY HIGH
0.2947 OMR
YEARLY LOW
0.2799 OMR
YEARLY AVERAGE
0.2867 OMR

2023 BND to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.2947. Conversely, the yearly low was recorded on October 3, dropping to 0.2799.

This high-to-low spread represents a total annual volatility of 0.0148 OMR. From a start-to-finish perspective, comparing the January average rate of 0.2901 to the December average rate of 0.2890, the exchange rate registered a net change of -0.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2947 was up 2.71% compared to the 2022 peak of 0.2870, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,474 OMR
2022 Average 1,397 OMR
Yearly Trough Low 1,400 OMR
Transaction Impact: A difference of 74.18 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2910
0.2804
JanuMarcMayJulySeptNove

BND 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 0.2882, compared to 0.2853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.2882
H2 Avg (Jul–Dec) 0.2853

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0096 OMR (High: 0.2947 / Low: 0.2852). On the other end, October was the most stable month, with a tight range of 0.0027 OMR (High: 0.2826 / Low: 0.2799).

February Spread (Volatile) ±0.0096
October Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between October and December, 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 0.0034 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2890) against the same month in 2022 (average: 0.2860), the exchange rate shifted by +0.0030 (+1.06%).

2023 Avg (February) 0.2890
2022 Avg (February) 0.2860

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2934 0.2851 0.2901
February 0.2947 0.2852 0.2890
March 0.2905 0.2843 0.2871
April 0.2916 0.2879 0.2894
May 0.2907 0.2842 0.2875
June 0.2882 0.2835 0.2860
July 0.2923 0.2835 0.2885
August 0.2887 0.2834 0.2851
September 0.2851 0.2806 0.2826
October 0.2826 0.2799 0.2813
November 0.2891 0.2809 0.2854
December 0.2917 0.2864 0.2890