YEARLY HIGH
222.5328 BTN
YEARLY LOW
213.9757 BTN
YEARLY AVERAGE
217.3185 BTN

2024 OMR to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 222.5328. Conversely, the yearly low was recorded on March 7, dropping to 213.9757.

This high-to-low spread represents a total annual volatility of 8.5571 BTN. From a start-to-finish perspective, comparing the January average rate of 215.8883 to the December average rate of 220.6871, the exchange rate registered a net change of 2.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 222.5328 was up 2.45% compared to the 2023 peak of 217.2066, 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 1,112,664 BTN
2023 Average 1,072,323 BTN
Yearly Trough Low 1,069,879 BTN
Transaction Impact: A difference of 42,785.58 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

221.1984
215.0630
JanuMarcMayJulySeptNove

OMR to BTN 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 216.1706, compared to 218.4665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2959 points.

H1 Avg (Jan–Jun) 216.1706
H2 Avg (Jul–Dec) 218.4665

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 3.2579 BTN (High: 218.3088 / Low: 215.0509). On the other end, July was the most stable month, with a tight range of 1.0578 BTN (High: 217.5818 / Low: 216.5240).

January Spread (Volatile) ±3.2579
July Spread (Stable) ±1.0578

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2984 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.2984

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 220.6871) against the same month in 2023 (average: 216.4249), the exchange rate shifted by +4.2622 (+1.97%).

2024 Avg (December) 220.6871
2023 Avg (December) 216.4249

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 218.3088 215.0509 215.8883
February 217.3024 214.9458 215.5899
March 216.6555 213.9757 215.5743
April 217.1310 215.7888 216.5220
May 217.9868 215.6906 216.5796
June 218.1395 215.8308 216.8696
July 217.5818 216.5240 217.0882
August 218.3930 215.7035 217.7697
September 218.6314 216.8596 217.7465
October 218.9265 217.5240 218.3900
November 220.4488 218.1787 219.1173
December 222.5328 219.3439 220.6871