Historic South Korean Won Omani rial

South Korean Won omani rial history for November 2023. The highest quote for this month is 0.000297 (18/11/2023) and the lowest 0.000299 (21/11/2023). The difference between high and low is -0.67.

KRW OMR average rate for November 2023 is 0.00029, the change between 01/11/2023 and 30/11/2023 is -4.93 %.

01 November 20231 KRW = 0.0003 OMR
02 November 20231 KRW = 0.0003 OMR
03 November 20231 KRW = 0.0003 OMR
06 November 20231 KRW = 0.0003 OMR
07 November 20231 KRW = 0.0003 OMR
08 November 20231 KRW = 0.0003 OMR
09 November 20231 KRW = 0.0003 OMR
10 November 20231 KRW = 0.0003 OMR
12 November 20231 KRW = 0.0003 OMR
13 November 20231 KRW = 0.0003 OMR
14 November 20231 KRW = 0.0003 OMR
15 November 20231 KRW = 0.0003 OMR
16 November 20231 KRW = 0.0003 OMR
17 November 20231 KRW = 0.0003 OMR
18 November 20231 KRW = 0.0003 OMR
19 November 20231 KRW = 0.0003 OMR
20 November 20231 KRW = 0.0003 OMR
21 November 20231 KRW = 0.0003 OMR
22 November 20231 KRW = 0.0003 OMR
23 November 20231 KRW = 0.0003 OMR
24 November 20231 KRW = 0.0003 OMR
26 November 20231 KRW = 0.0003 OMR
27 November 20231 KRW = 0.0003 OMR
28 November 20231 KRW = 0.0003 OMR
29 November 20231 KRW = 0.0003 OMR
30 November 20231 KRW = 0.0003 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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

15/01/2003: New Omani Rial Banknotes Issued

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

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

17/03/1986: 200 Baisa Coin Introduced

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

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.
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