Omani rial south korean won exchange rate history (OMR KRW) August 2023

Omani rial south korean won history for August 2023. The highest quote for this month is 3503.46 (18/08/2023) and the lowest 3487.78 (21/08/2023). The difference between high and low is 0.45.

OMR KRW average rate for August 2023 is 3452.27654, the change between 01/08/2023 and 31/08/2023 is -3.52 %.

01 August 2023	1 OMR = 3331.20 KRW
02 August 2023	1 OMR = 3360.21 KRW
03 August 2023	1 OMR = 3376.66 KRW
04 August 2023	1 OMR = 3379.37 KRW
07 August 2023	1 OMR = 3393.36 KRW
08 August 2023	1 OMR = 3408.84 KRW
09 August 2023	1 OMR = 3432.11 KRW
10 August 2023	1 OMR = 3424.25 KRW
11 August 2023	1 OMR = 3436.49 KRW
12 August 2023	1 OMR = 3441.15 KRW
14 August 2023	1 OMR = 3557.82 KRW
15 August 2023	1 OMR = 3479.54 KRW
16 August 2023	1 OMR = 3489.75 KRW
17 August 2023	1 OMR = 3501.79 KRW
18 August 2023	1 OMR = 3490.71 KRW
19 August 2023	1 OMR = 3478.31 KRW
20 August 2023	1 OMR = 3478.31 KRW
21 August 2023	1 OMR = 3607.61 KRW
22 August 2023	1 OMR = 3492.55 KRW
23 August 2023	1 OMR = 3492.50 KRW
24 August 2023	1 OMR = 3461.10 KRW
25 August 2023	1 OMR = 3458.20 KRW
28 August 2023	1 OMR = 3446.81 KRW
29 August 2023	1 OMR = 3448.34 KRW
30 August 2023	1 OMR = 3443.69 KRW
31 August 2023	1 OMR = 3448.52 KRW

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.

Historic Omani rial South Korean Won