Historic Omani rial South Korean Won

Omani rial south korean won history for December 2023. The highest quote for this month is 3455.77 (07/12/2023) and the lowest 3531.1 (11/12/2023). The difference between high and low is -2.18.

OMR KRW average rate for December 2023 is 3389.10607, the change between 01/12/2023 and 31/12/2023 is +1.45 %.

01 December 20231 OMR = 3380.04 KRW
02 December 20231 OMR = 3359.31 KRW
03 December 20231 OMR = 3361.55 KRW
04 December 20231 OMR = 3488.25 KRW
05 December 20231 OMR = 3409.25 KRW
06 December 20231 OMR = 3423.81 KRW
07 December 20231 OMR = 3424.70 KRW
08 December 20231 OMR = 3422.33 KRW
10 December 20231 OMR = 3420.08 KRW
11 December 20231 OMR = 3428.41 KRW
12 December 20231 OMR = 3420.97 KRW
13 December 20231 OMR = 3415.75 KRW
14 December 20231 OMR = 3368.50 KRW
15 December 20231 OMR = 3368.64 KRW
16 December 20231 OMR = 3378.54 KRW
17 December 20231 OMR = 3378.54 KRW
18 December 20231 OMR = 3324.57 KRW
19 December 20231 OMR = 3396.88 KRW
20 December 20231 OMR = 3383.30 KRW
21 December 20231 OMR = 3381.21 KRW
22 December 20231 OMR = 3367.48 KRW
23 December 20231 OMR = 3368.83 KRW
24 December 20231 OMR = 3378.20 KRW
25 December 20231 OMR = 3382.43 KRW
26 December 20231 OMR = 3382.17 KRW
27 December 20231 OMR = 3374.93 KRW
28 December 20231 OMR = 3375.21 KRW
29 December 20231 OMR = 3331.09 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.
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