Historic Pound sterling Omani rial

Pound sterling omani rial history for August 2023. The highest quote for this month is 0.48895 (01/08/2023) and the lowest 0.49249 (01/08/2023). The difference between high and low is -0.72.

GBP OMR average rate for August 2023 is 0.48648, the change between 01/08/2023 and 31/08/2023 is +0.94 %.

01 August 20231 GBP = 0.4923 OMR
02 August 20231 GBP = 0.4909 OMR
03 August 20231 GBP = 0.4880 OMR
04 August 20231 GBP = 0.4878 OMR
07 August 20231 GBP = 0.4895 OMR
08 August 20231 GBP = 0.4904 OMR
09 August 20231 GBP = 0.4888 OMR
10 August 20231 GBP = 0.4880 OMR
11 August 20231 GBP = 0.4861 OMR
14 August 20231 GBP = 0.4744 OMR
15 August 20231 GBP = 0.4866 OMR
16 August 20231 GBP = 0.4873 OMR
17 August 20231 GBP = 0.4883 OMR
18 August 20231 GBP = 0.4891 OMR
21 August 20231 GBP = 0.4730 OMR
22 August 20231 GBP = 0.4895 OMR
23 August 20231 GBP = 0.4884 OMR
24 August 20231 GBP = 0.4880 OMR
25 August 20231 GBP = 0.4831 OMR
28 August 20231 GBP = 0.4835 OMR
29 August 20231 GBP = 0.4838 OMR
30 August 20231 GBP = 0.4848 OMR
31 August 20231 GBP = 0.4877 OMR

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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

15/01/2003: New Omani Rial Banknotes Issued

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

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

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.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.