2023 OMR to BHD Historical Review

YEARLY HIGH

0.9832 BHD

YEARLY LOW

0.9727 BHD

YEARLY AVERAGE

0.9790 BHD

2023 OMR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 0.9832. Conversely, the yearly low was recorded on April 30, dropping to 0.9727.

This high-to-low spread represents a total annual volatility of 0.0104 BHD. From a start-to-finish perspective, comparing the January average rate of 0.9791 to the December average rate of 0.9794, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9832 was down 0.01% compared to the 2022 peak of 0.9833, 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 4,916 BHD

2022 Average 4,896 BHD

Yearly Trough Low 4,864 BHD

Transaction Impact: A difference of 52.13 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9795

0.9784

JanuMarcMayJulySeptNove

OMR to BHD 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 0.9789, compared to 0.9791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.9789

H2 Avg (Jul–Dec) 0.9791

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0096 BHD (High: 0.9826 / Low: 0.9730). On the other end, August was the most stable month, with a tight range of 0.0016 BHD (High: 0.9806 / Low: 0.9789).

February Spread (Volatile) ±0.0096

August Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0005 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.9794) against the same month in 2022 (average: 0.9790), the exchange rate shifted by +0.0004 (+0.04%).

2023 Avg (December) 0.9794

2022 Avg (December) 0.9790

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9802	0.9775	0.9791
February	0.9826	0.9730	0.9787
March	0.9800	0.9778	0.9792
April	0.9807	0.9727	0.9787
May	0.9831	0.9760	0.9790
June	0.9800	0.9752	0.9788
July	0.9793	0.9736	0.9785
August	0.9806	0.9789	0.9793
September	0.9797	0.9778	0.9791
October	0.9812	0.9770	0.9793
November	0.9815	0.9774	0.9793
December	0.9832	0.9778	0.9794