2023 BZD to OMR Historical Review

YEARLY HIGH

0.1930 OMR

YEARLY LOW

0.1889 OMR

YEARLY AVERAGE

0.1911 OMR

2023 BZD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 0.1930. Conversely, the yearly low was recorded on February 5, dropping to 0.1889.

This high-to-low spread represents a total annual volatility of 0.0042 OMR. From a start-to-finish perspective, comparing the January average rate of 0.1910 to the December average rate of 0.1908, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1930 was down 0.50% compared to the 2022 peak of 0.1940, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 965 OMR

2022 Average 955 OMR

Yearly Trough Low 944 OMR

Transaction Impact: A difference of 20.86 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1913

0.1908

JanuMarcMayJulySeptNove

BZD 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 0.1911, compared to 0.1910 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1911

H2 Avg (Jul–Dec) 0.1910

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0033 OMR (High: 0.1922 / Low: 0.1889). On the other end, January was the most stable month, with a tight range of 0.0010 OMR (High: 0.1916 / Low: 0.1906).

February Spread (Volatile) ±0.0033

January Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between September and November, 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 November and December, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1912) against the same month in 2022 (average: 0.1911), the exchange rate shifted by +0.0001 (+0.07%).

2023 Avg (July) 0.1912

2022 Avg (July) 0.1911

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1916	0.1906	0.1910
February	0.1922	0.1889	0.1909
March	0.1922	0.1905	0.1913
April	0.1928	0.1908	0.1911
May	0.1916	0.1902	0.1911
June	0.1916	0.1900	0.1910
July	0.1930	0.1907	0.1912
August	0.1922	0.1905	0.1910
September	0.1917	0.1905	0.1910
October	0.1922	0.1907	0.1911
November	0.1919	0.1908	0.1911
December	0.1912	0.1900	0.1908