Omani Rial (OMR) Profile | Currency Converter

Currency name

Currency code

Currency symbol

Yemeni rial symbol

Subunit

1/1000, baisa

Coins freq used

5 baisa, 10 baisa, 25 baisa, 50 baisa

Coins rarely used

Banknotes freq used

½ rial, 1 rial, 5 rials, 10 rials, 20 rials, 50 rials, 100 baisa, 200 baisa

Banknotes rarely used

Central bank

Central Bank of Oman (www.cbo-Oman.org)

Currency users

Currency notes

Omani rial is pegged with the U.S.dollar at 1 OMR=2.6008 USD.

Currency user list

Users:

The Omani Rial (OMR) is the official currency of Oman. It is the legal tender used for all transactions within the country.

The Omani Rial was introduced in 1973, replacing the Gulf Rupee, following the establishment of the Sultanate of Oman.

Oman has maintained a fixed exchange rate policy with its currency pegged to the US Dollar (USD), which has contributed to the stability of the Rial.

The Omani Rial is subdivided into 1000 baisa, although baisa coins are not commonly used due to their low value.

Coins currently in circulation are 5, 10, 25, 50, and 100 baisa, as well as 1/4, 1/2, and 1 Rial.

The most commonly used banknotes are 1, 5, 10, 20, and 50 Rials.

Each banknote typically features important cultural and historical symbols of Oman, including landmarks and the country's national emblem.