Historic Omani rial South Korean Won

Omani rial south korean won history for January 2024. The highest quote for this month is 3516.07 (17/01/2024) and the lowest 3484.64 (17/01/2024). The difference between high and low is 0.89.

OMR KRW average rate for January 2024 is 3448.09037, the change between 01/01/2024 and 31/01/2024 is -2.66 %.

01 January 20241 OMR = 3368.92 KRW
02 January 20241 OMR = 3368.94 KRW
03 January 20241 OMR = 3409.49 KRW
04 January 20241 OMR = 3414.81 KRW
05 January 20241 OMR = 3418.48 KRW
06 January 20241 OMR = 3416.62 KRW
07 January 20241 OMR = 3413.32 KRW
08 January 20241 OMR = 3538.21 KRW
09 January 20241 OMR = 3419.95 KRW
10 January 20241 OMR = 3441.44 KRW
11 January 20241 OMR = 3434.81 KRW
12 January 20241 OMR = 3420.43 KRW
14 January 20241 OMR = 3411.77 KRW
15 January 20241 OMR = 3419.15 KRW
16 January 20241 OMR = 3440.36 KRW
17 January 20241 OMR = 3484.28 KRW
18 January 20241 OMR = 3504.07 KRW
19 January 20241 OMR = 3487.44 KRW
22 January 20241 OMR = 3472.35 KRW
23 January 20241 OMR = 3490.29 KRW
24 January 20241 OMR = 3485.12 KRW
25 January 20241 OMR = 3467.17 KRW
26 January 20241 OMR = 3483.25 KRW
28 January 20241 OMR = 3472.00 KRW
29 January 20241 OMR = 3481.42 KRW
30 January 20241 OMR = 3475.81 KRW
31 January 20241 OMR = 3458.54 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.
OMR KRW July 2023
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