2024 OMR to BDT Historical Review

YEARLY HIGH

312.2338 BDT

YEARLY LOW

283.8250 BDT

YEARLY AVERAGE

299.8708 BDT

2024 OMR to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 312.2338. Conversely, the yearly low was recorded on March 23, dropping to 283.8250.

This high-to-low spread represents a total annual volatility of 28.4088 BDT. From a start-to-finish perspective, comparing the January average rate of 285.0707 to the December average rate of 310.3555, the exchange rate registered a net change of 8.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 312.2338 was up 8.44% compared to the 2023 peak of 287.9345, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,561,169 BDT

2023 Average 1,403,360 BDT

Yearly Trough Low 1,419,125 BDT

Transaction Impact: A difference of 142,044.03 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

313.1714

282.4061

JanuMarcMayJulySeptNove

OMR to BDT 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 290.7024, compared to 309.0392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.3368 points.

H1 Avg (Jan–Jun) 290.7024

H2 Avg (Jul–Dec) 309.0392

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 21.0892 BDT (High: 305.4070 / Low: 284.3179). On the other end, July was the most stable month, with a tight range of 0.8392 BDT (High: 305.4351 / Low: 304.5959).

May Spread (Volatile) ±21.0892

July Spread (Stable) ±0.8392

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.1929 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1929

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 310.5037) against the same month in 2023 (average: 286.6787), the exchange rate shifted by +23.8250 (+8.31%).

2024 Avg (November) 310.5037

2023 Avg (November) 286.6787

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	285.5190	284.5897	285.0707
February	287.7110	284.5105	285.1628
March	285.8728	283.8250	284.9699
April	285.9800	284.1120	285.0191
May	305.4070	284.3179	298.7744
June	307.0958	304.5550	305.2174
July	305.4351	304.5959	305.1683
August	311.2908	302.6870	307.0802
September	311.2434	309.6370	310.5199
October	311.6380	310.1394	310.6076
November	312.2338	308.9661	310.5037
December	310.9276	309.1650	310.3555