YEARLY HIGH
0.3005 OMR
YEARLY LOW
0.2820 OMR
YEARLY AVERAGE
0.2881 OMR

2024 BND to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.3005. Conversely, the yearly low was recorded on April 28, dropping to 0.2820.

This high-to-low spread represents a total annual volatility of 0.0186 OMR. From a start-to-finish perspective, comparing the January average rate of 0.2883 to the December average rate of 0.2851, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3005 was up 1.96% compared to the 2023 peak of 0.2947, 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 1,503 OMR
2023 Average 1,434 OMR
Yearly Trough Low 1,410 OMR
Transaction Impact: A difference of 92.78 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2982
0.2825
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 0.2859, compared to 0.2904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.2859
H2 Avg (Jul–Dec) 0.2904

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0088 OMR (High: 0.2993 / Low: 0.2904). On the other end, June was the most stable month, with a tight range of 0.0026 OMR (High: 0.2862 / Low: 0.2836).

October Spread (Volatile) ±0.0088
June Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0058 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2969) against the same month in 2023 (average: 0.2826), the exchange rate shifted by +0.0143 (+5.08%).

2024 Avg (September) 0.2969
2023 Avg (September) 0.2826

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2915 0.2864 0.2883
February 0.2882 0.2852 0.2863
March 0.2894 0.2849 0.2871
April 0.2864 0.2820 0.2839
May 0.2866 0.2821 0.2848
June 0.2862 0.2836 0.2847
July 0.2873 0.2833 0.2859
August 0.2962 0.2879 0.2926
September 0.3005 0.2940 0.2969
October 0.2993 0.2904 0.2938
November 0.2925 0.2853 0.2881
December 0.2879 0.2824 0.2851