Historic Omani rial Kazakhstani tenge

Omani rial kazakhstani tenge history for February 2024. The highest quote for this month is 1182.62 (05/02/2024) and the lowest 1192.75 (12/02/2024). The difference between high and low is -0.86.

OMR KZT average rate for February 2024 is 1167.91889, the change between 01/02/2024 and 29/02/2024 is -0.07 %.

01 February 20241 OMR = 1163.93 KZT
02 February 20241 OMR = 1165.91 KZT
03 February 20241 OMR = 1173.27 KZT
04 February 20241 OMR = 1173.27 KZT
05 February 20241 OMR = 1181.01 KZT
06 February 20241 OMR = 1181.74 KZT
07 February 20241 OMR = 1175.46 KZT
08 February 20241 OMR = 1175.15 KZT
09 February 20241 OMR = 1167.18 KZT
12 February 20241 OMR = 1155.07 KZT
13 February 20241 OMR = 1161.69 KZT
14 February 20241 OMR = 1162.03 KZT
15 February 20241 OMR = 1161.71 KZT
16 February 20241 OMR = 1162.46 KZT
17 February 20241 OMR = 1167.17 KZT
18 February 20241 OMR = 1167.17 KZT
19 February 20241 OMR = 1164.54 KZT
20 February 20241 OMR = 1168.94 KZT
21 February 20241 OMR = 1174.69 KZT
22 February 20241 OMR = 1168.31 KZT
23 February 20241 OMR = 1170.80 KZT
24 February 20241 OMR = 1167.11 KZT
25 February 20241 OMR = 1167.11 KZT
26 February 20241 OMR = 1166.39 KZT
27 February 20241 OMR = 1161.03 KZT
28 February 20241 OMR = 1165.98 KZT
29 February 20241 OMR = 1164.69 KZT

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

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.

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

15/01/2003: New Omani Rial Banknotes Issued

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

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

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.

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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.
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