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

Omani rial south korean won history for October 2023. The highest quote for this month is 3557.43 (03/10/2023) and the lowest 3622.23 (30/10/2023). The difference between high and low is -1.82.

OMR KRW average rate for October 2023 is 3518.74556, the change between 01/10/2023 and 31/10/2023 is -0.08 %.

01 October 2023	1 OMR = 3512.24 KRW
02 October 2023	1 OMR = 3520.68 KRW
03 October 2023	1 OMR = 3530.78 KRW
04 October 2023	1 OMR = 3543.62 KRW
05 October 2023	1 OMR = 3522.60 KRW
06 October 2023	1 OMR = 3509.29 KRW
07 October 2023	1 OMR = 3492.44 KRW
09 October 2023	1 OMR = 3498.33 KRW
10 October 2023	1 OMR = 3511.39 KRW
11 October 2023	1 OMR = 3498.37 KRW
12 October 2023	1 OMR = 3488.78 KRW
13 October 2023	1 OMR = 3515.25 KRW
16 October 2023	1 OMR = 3636.47 KRW
17 October 2023	1 OMR = 3513.74 KRW
18 October 2023	1 OMR = 3527.50 KRW
19 October 2023	1 OMR = 3532.03 KRW
20 October 2023	1 OMR = 3536.32 KRW
21 October 2023	1 OMR = 3505.20 KRW
22 October 2023	1 OMR = 3505.61 KRW
23 October 2023	1 OMR = 3514.55 KRW
24 October 2023	1 OMR = 3479.37 KRW
25 October 2023	1 OMR = 3503.41 KRW
26 October 2023	1 OMR = 3523.06 KRW
27 October 2023	1 OMR = 3521.24 KRW
29 October 2023	1 OMR = 3519.30 KRW
30 October 2023	1 OMR = 3529.68 KRW
31 October 2023	1 OMR = 3514.88 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