Historic Omani rial South Korean Won

Omani rial south korean won history for February 2024. The highest quote for this month is 3491.48 (13/02/2024) and the lowest 3573.88 (12/02/2024). The difference between high and low is -2.36.

OMR KRW average rate for February 2024 is 3468.64519, the change between 01/02/2024 and 29/02/2024 is +0.04 %.

01 February 20241 OMR = 3477.65 KRW
02 February 20241 OMR = 3464.56 KRW
03 February 20241 OMR = 3474.94 KRW
04 February 20241 OMR = 3474.94 KRW
05 February 20241 OMR = 3484.03 KRW
06 February 20241 OMR = 3476.68 KRW
07 February 20241 OMR = 3459.18 KRW
08 February 20241 OMR = 3461.31 KRW
09 February 20241 OMR = 3471.27 KRW
12 February 20241 OMR = 3464.06 KRW
13 February 20241 OMR = 3463.38 KRW
14 February 20241 OMR = 3495.88 KRW
15 February 20241 OMR = 3457.15 KRW
16 February 20241 OMR = 3461.46 KRW
17 February 20241 OMR = 3457.32 KRW
18 February 20241 OMR = 3457.32 KRW
19 February 20241 OMR = 3468.02 KRW
20 February 20241 OMR = 3476.42 KRW
21 February 20241 OMR = 3477.27 KRW
22 February 20241 OMR = 3474.94 KRW
23 February 20241 OMR = 3460.07 KRW
24 February 20241 OMR = 3455.26 KRW
25 February 20241 OMR = 3455.26 KRW
26 February 20241 OMR = 3463.90 KRW
27 February 20241 OMR = 3472.49 KRW
28 February 20241 OMR = 3472.31 KRW
29 February 20241 OMR = 3476.35 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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