Historic Omani rial South Korean Won

Omani rial south korean won history for September 2023. The highest quote for this month is 3534.61 (27/09/2023) and the lowest 3513.22 (28/09/2023). The difference between high and low is 0.61.

OMR KRW average rate for September 2023 is 3484.62, the change between 01/09/2023 and 30/09/2023 is -1.74 %.

01 September 20231 OMR = 3453.23 KRW
04 September 20231 OMR = 3430.80 KRW
05 September 20231 OMR = 3435.66 KRW
06 September 20231 OMR = 3471.65 KRW
07 September 20231 OMR = 3476.22 KRW
08 September 20231 OMR = 3477.75 KRW
11 September 20231 OMR = 3594.46 KRW
12 September 20231 OMR = 3442.90 KRW
13 September 20231 OMR = 3448.27 KRW
14 September 20231 OMR = 3466.69 KRW
15 September 20231 OMR = 3459.68 KRW
18 September 20231 OMR = 3577.82 KRW
19 September 20231 OMR = 3466.30 KRW
20 September 20231 OMR = 3463.39 KRW
21 September 20231 OMR = 3473.46 KRW
22 September 20231 OMR = 3495.75 KRW
23 September 20231 OMR = 3473.08 KRW
24 September 20231 OMR = 3475.24 KRW
25 September 20231 OMR = 3475.77 KRW
26 September 20231 OMR = 3489.28 KRW
27 September 20231 OMR = 3529.32 KRW
28 September 20231 OMR = 3526.81 KRW
29 September 20231 OMR = 3514.00 KRW
30 September 20231 OMR = 3513.35 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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