2023 OMR to BWP Historical Review

YEARLY HIGH

35.9763 BWP

YEARLY LOW

32.8154 BWP

YEARLY AVERAGE

34.6954 BWP

2023 OMR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 35.9763. Conversely, the yearly low was recorded on January 14, dropping to 32.8154.

This high-to-low spread represents a total annual volatility of 3.1608 BWP. From a start-to-finish perspective, comparing the January average rate of 33.1826 to the December average rate of 35.0815, the exchange rate registered a net change of 5.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 35.9763 was up 2.41% compared to the 2022 peak of 35.1295, 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 179,881 BWP

2022 Average 160,671 BWP

Yearly Trough Low 164,077 BWP

Transaction Impact: A difference of 15,804.19 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

35.9301

32.9328

JanuMarcMayJulySeptNove

OMR to BWP 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 34.2615, compared to 35.1292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8676 points.

H1 Avg (Jan–Jun) 34.2615

H2 Avg (Jul–Dec) 35.1292

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.7426 BWP (High: 34.7031 / Low: 32.9605). On the other end, October was the most stable month, with a tight range of 0.5683 BWP (High: 35.9763 / Low: 35.4079).

February Spread (Volatile) ±1.7426

October Spread (Stable) ±0.5683

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.5587 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5587

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 35.6803) against the same month in 2022 (average: 34.7411), the exchange rate shifted by +0.9392 (+2.70%).

2023 Avg (October) 35.6803

2022 Avg (October) 34.7411

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.5365	32.8154	33.1826
February	34.7031	32.9605	33.9990
March	34.8328	33.7869	34.3683
April	34.3987	33.7869	34.1000
May	35.8106	34.1635	34.9950
June	35.8124	34.3796	34.9244
July	35.2743	33.7400	34.3942
August	35.4164	34.3278	35.0452
September	35.8149	35.0797	35.4522
October	35.9763	35.4079	35.6803
November	35.4457	34.6771	35.1216
December	35.6135	34.7266	35.0815