Historic Omani rial Kazakhstani tenge

Omani rial kazakhstani tenge history for January 2024. The highest quote for this month is 1186.98 (01/01/2024) and the lowest 1219.34 (01/01/2024). The difference between high and low is -2.73.

OMR KZT average rate for January 2024 is 1172.83074, the change between 01/01/2024 and 31/01/2024 is +1.93 %.

01 January 20241 OMR = 1185.27 KZT
02 January 20241 OMR = 1186.34 KZT
03 January 20241 OMR = 1180.85 KZT
04 January 20241 OMR = 1184.96 KZT
05 January 20241 OMR = 1177.86 KZT
06 January 20241 OMR = 1175.40 KZT
07 January 20241 OMR = 1175.40 KZT
08 January 20241 OMR = 1211.40 KZT
09 January 20241 OMR = 1175.33 KZT
10 January 20241 OMR = 1178.06 KZT
11 January 20241 OMR = 1177.29 KZT
12 January 20241 OMR = 1171.25 KZT
14 January 20241 OMR = 1172.59 KZT
15 January 20241 OMR = 1167.86 KZT
16 January 20241 OMR = 1169.46 KZT
17 January 20241 OMR = 1173.02 KZT
18 January 20241 OMR = 1174.73 KZT
19 January 20241 OMR = 1170.53 KZT
22 January 20241 OMR = 1163.40 KZT
23 January 20241 OMR = 1159.64 KZT
24 January 20241 OMR = 1152.80 KZT
25 January 20241 OMR = 1158.02 KZT
26 January 20241 OMR = 1162.27 KZT
28 January 20241 OMR = 1168.60 KZT
29 January 20241 OMR = 1167.26 KZT
30 January 20241 OMR = 1164.44 KZT
31 January 20241 OMR = 1162.40 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.
OMR KZT January 2024
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