YEARLY HIGH
0.0305 OMR
YEARLY LOW
0.0278 OMR
YEARLY AVERAGE
0.0288 OMR

2023 BWP to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0305. Conversely, the yearly low was recorded on October 5, dropping to 0.0278.

This high-to-low spread represents a total annual volatility of 0.0027 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0301 to the December average rate of 0.0285, the exchange rate registered a net change of -5.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0305 was down 9.62% compared to the 2022 peak of 0.0337, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 152 OMR
2022 Average 156 OMR
Yearly Trough Low 139 OMR
Transaction Impact: A difference of 13.39 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0303
0.0278
JanuMarcMayJulySeptNove

BWP 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 0.0292, compared to 0.0285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0292
H2 Avg (Jul–Dec) 0.0285

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0015 OMR (High: 0.0303 / Low: 0.0288). On the other end, October was the most stable month, with a tight range of 0.0004 OMR (High: 0.0282 / Low: 0.0278).

February Spread (Volatile) ±0.0015
October Spread (Stable) ±0.0004

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 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0301) against the same month in 2022 (average: 0.0332), the exchange rate shifted by -0.0030 (-9.13%).

2023 Avg (January) 0.0301
2022 Avg (January) 0.0332

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0305 0.0298 0.0301
February 0.0303 0.0288 0.0294
March 0.0296 0.0287 0.0291
April 0.0296 0.0291 0.0293
May 0.0293 0.0279 0.0286
June 0.0291 0.0279 0.0286
July 0.0296 0.0283 0.0291
August 0.0291 0.0282 0.0285
September 0.0285 0.0279 0.0282
October 0.0282 0.0278 0.0280
November 0.0288 0.0282 0.0285
December 0.0288 0.0281 0.0285