Historic Omani rial Indian Rupee

Omani rial indian rupee history for July 2020. The highest quote for this month is 197.27 (01/07/2020) and the lowest 196.78 (01/07/2020). The difference between high and low is 0.25.

OMR INR average rate for July 2020 is 195.57478, the change between 01/07/2020 and 31/07/2020 is +1.03 %.

01 July 20201 OMR = 197.5 INR
02 July 20201 OMR = 196.7 INR
03 July 20201 OMR = 194.8 INR
06 July 20201 OMR = 194.6 INR
07 July 20201 OMR = 194.5 INR
08 July 20201 OMR = 195.8 INR
09 July 20201 OMR = 195.3 INR
10 July 20201 OMR = 196.4 INR
13 July 20201 OMR = 195.8 INR
14 July 20201 OMR = 196.7 INR
15 July 20201 OMR = 197.0 INR
16 July 20201 OMR = 195.8 INR
17 July 20201 OMR = 195.9 INR
20 July 20201 OMR = 195.1 INR
21 July 20201 OMR = 195.4 INR
22 July 20201 OMR = 194.9 INR
23 July 20201 OMR = 194.9 INR
24 July 20201 OMR = 194.9 INR
27 July 20201 OMR = 194.8 INR
28 July 20201 OMR = 195.4 INR
29 July 20201 OMR = 195.7 INR
30 July 20201 OMR = 195.0 INR
31 July 20201 OMR = 195.4 INR

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.