Historic Omani rial Kuwaiti Dinar

Omani rial kuwaiti dinar history for December 2023. The highest quote for this month is 0.80397 (01/12/2023) and the lowest 0.82643 (11/12/2023). The difference between high and low is -2.79.

OMR KWD average rate for December 2023 is 0.80207, the change between 01/12/2023 and 31/12/2023 is +0.48 %.

01 December 20231 OMR = 0.8037 KWD
02 December 20231 OMR = 0.8021 KWD
04 December 20231 OMR = 0.8276 KWD
05 December 20231 OMR = 0.8041 KWD
06 December 20231 OMR = 0.8039 KWD
07 December 20231 OMR = 0.8033 KWD
08 December 20231 OMR = 0.8023 KWD
10 December 20231 OMR = 0.8010 KWD
11 December 20231 OMR = 0.8017 KWD
12 December 20231 OMR = 0.8022 KWD
13 December 20231 OMR = 0.8025 KWD
14 December 20231 OMR = 0.8018 KWD
15 December 20231 OMR = 0.8006 KWD
16 December 20231 OMR = 0.7987 KWD
17 December 20231 OMR = 0.7987 KWD
18 December 20231 OMR = 0.7999 KWD
19 December 20231 OMR = 0.8006 KWD
20 December 20231 OMR = 0.8005 KWD
21 December 20231 OMR = 0.8006 KWD
22 December 20231 OMR = 0.7997 KWD
23 December 20231 OMR = 0.7990 KWD
24 December 20231 OMR = 0.8000 KWD
25 December 20231 OMR = 0.7997 KWD
26 December 20231 OMR = 0.8014 KWD
27 December 20231 OMR = 0.8015 KWD
28 December 20231 OMR = 0.7993 KWD
29 December 20231 OMR = 0.7999 KWD

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti Dinar.

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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

17/03/1986: 200 Baisa Coin Introduced

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

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

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.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

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.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.
OMR KWD July 2023
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