2024 OMR to BHD Historical Review

YEARLY HIGH

0.9848 BHD

YEARLY LOW

0.9731 BHD

YEARLY AVERAGE

0.9790 BHD

2024 OMR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.9848. Conversely, the yearly low was recorded on August 4, dropping to 0.9731.

This high-to-low spread represents a total annual volatility of 0.0118 BHD. From a start-to-finish perspective, comparing the January average rate of 0.9792 to the December average rate of 0.9793, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9848 was up 0.17% compared to the 2023 peak of 0.9832, 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 4,924 BHD

2023 Average 4,895 BHD

Yearly Trough Low 4,865 BHD

Transaction Impact: A difference of 58.89 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9794

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

H1 Avg (Jan–Jun) 0.9791

H2 Avg (Jul–Dec) 0.9789

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0094 BHD (High: 0.9848 / Low: 0.9754). On the other end, January was the most stable month, with a tight range of 0.0014 BHD (High: 0.9799 / Low: 0.9785).

February Spread (Volatile) ±0.0094

January Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.9791) against the same month in 2023 (average: 0.9787), the exchange rate shifted by +0.0004 (+0.04%).

2024 Avg (February) 0.9791

2023 Avg (February) 0.9787

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9799	0.9785	0.9792
February	0.9848	0.9754	0.9791
March	0.9792	0.9776	0.9789
April	0.9823	0.9785	0.9793
May	0.9803	0.9771	0.9791
June	0.9842	0.9772	0.9790
July	0.9794	0.9777	0.9789
August	0.9797	0.9731	0.9785
September	0.9807	0.9778	0.9788
October	0.9802	0.9771	0.9790
November	0.9839	0.9748	0.9791
December	0.9810	0.9765	0.9793