YEARLY HIGH
0.0296 OMR
YEARLY LOW
0.0271 OMR
YEARLY AVERAGE
0.0284 OMR

2024 BWP to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0296. Conversely, the yearly low was recorded on May 1, dropping to 0.0271.

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 0.0283 to the December average rate of 0.0281, the exchange rate registered a net change of -0.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0296 was down 2.96% compared to the 2023 peak of 0.0305, 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 148 OMR
2023 Average 144 OMR
Yearly Trough Low 136 OMR
Transaction Impact: A difference of 12.33 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0292
0.0279
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 0.0282, compared to 0.0286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0282
H2 Avg (Jul–Dec) 0.0286

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0014 OMR (High: 0.0286 / Low: 0.0271). On the other end, March was the most stable month, with a tight range of 0.0005 OMR (High: 0.0285 / Low: 0.0280).

May Spread (Volatile) ±0.0014
March Spread (Stable) ±0.0005

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 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0291) against the same month in 2023 (average: 0.0282), the exchange rate shifted by +0.0009 (+3.05%).

2024 Avg (September) 0.0291
2023 Avg (September) 0.0282

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0288 0.0281 0.0283
February 0.0284 0.0279 0.0281
March 0.0285 0.0280 0.0282
April 0.0284 0.0271 0.0280
May 0.0286 0.0271 0.0283
June 0.0286 0.0278 0.0282
July 0.0286 0.0281 0.0284
August 0.0290 0.0283 0.0287
September 0.0296 0.0287 0.0291
October 0.0295 0.0287 0.0289
November 0.0290 0.0281 0.0284
December 0.0285 0.0276 0.0281