YEARLY HIGH
0.0566 OMR
YEARLY LOW
0.0555 OMR
YEARLY AVERAGE
0.0558 OMR

2020 BOB to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BOB to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.0566. Conversely, the yearly low was recorded on January 1, dropping to 0.0555.

This high-to-low spread represents a total annual volatility of 0.0011 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0557 to the December average rate of 0.0558, the exchange rate registered a net change of 0.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0566 was up 0.53% compared to the 2019 peak of 0.0563, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 283 OMR
2019 Average 279 OMR
Yearly Trough Low 277 OMR
Transaction Impact: A difference of 5.75 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0559
0.0557
JanuMarcMayJulySeptNove

BOB 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 0.0558, compared to 0.0558 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) 0.0558
H2 Avg (Jul–Dec) 0.0558

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0010 OMR (High: 0.0566 / Low: 0.0556). On the other end, February was the most stable month, with a tight range of 0.0001 OMR (High: 0.0557 / Low: 0.0556).

March Spread (Volatile) ±0.0010
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, 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 (March 2020: 0.0559) against the same month in 2019 (average: 0.0557), the exchange rate shifted by +0.0002 (+0.28%).

2020 Avg (March) 0.0559
2019 Avg (March) 0.0557

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0558 0.0555 0.0557
February 0.0557 0.0556 0.0557
March 0.0566 0.0556 0.0559
April 0.0562 0.0556 0.0559
May 0.0562 0.0557 0.0558
June 0.0558 0.0556 0.0557
July 0.0559 0.0556 0.0557
August 0.0559 0.0556 0.0558
September 0.0559 0.0557 0.0558
October 0.0558 0.0557 0.0558
November 0.0559 0.0556 0.0558
December 0.0561 0.0555 0.0558