Omani Riyals Symbol: R.O. | Code: OMR
1. The official and national currency of the Sultanate of Oman is the Omani Rial, abbreviated as OMR.
2. The Saidi Rial was introduced in May 1970 to replace the Gulf rupee, which was later replaced by Omani Rials at par on 11 November 1972.
3. The OMR is pegged with the USD at an exchange rate of 1 rial equals US$2.6008.
4. The Central Bank of Oman is the sole entity that controls and manages OMR.
5. Since Omani Rials is pegged to the U.S. Dollar, the exchange rate fluctuates very little; however, it might fluctuate in case of other currencies.
6. Currently, there are seven banknotes in circulation, which are in 100 baiza, 200 baiza, 1 rial, 5 rials, 10 rials, 20 rials and 50 rials denominations.
Omani Rial (OMR)
Exchange RateWhat is the interbank exchange rate for the Omani Rial ?
1 GBP = 0.512995 OMR
Last update date : 01-05-2025 04:46:35
Last updated on 01-05-2025 04:46:35
The below table shows the exchange rate and inverse exchange rate
We are pleased to announce that, starting from 16-Sep-2024, our international payments service for corporate clients will be managed by our sister company, Sterling FX. The Currency Club platform will now focus more on private clients, while Sterling FX will continue to cater to institutional business needs.
Please note that, aside from being redirected to the Sterling FX website, the following will remain unchanged:
You can continue to log in using your existing credentials.
You will continue to work with the same points of contact. All our team members are being retained in their current roles.
The agreed fixed margins on your account will remain the same.
The services we have provided to you thus far will continue to be offered by Sterling FX. The only differences will be slight changes to the interface, such as the website, logo, and color scheme.
We are excited to continue doing business with you and greatly appreciate your ongoing partnership.
As always should you have any questions, please feel free to get in touch on +44(0) 207 723 7000.
We are pleased to announce that, starting from 16-Sep-2024, our international payments service for corporate clients will be managed by our sister company, Sterling FX. The Currency Club platform will now focus more on private clients, while Sterling FX will continue to cater to institutional business needs.
Please note that, aside from being redirected to the Sterling FX website, the following will remain unchanged:
You can continue to log in using your existing credentials.
You will continue to work with the same points of contact. All our team members are being retained in their current roles.
The agreed fixed margins on your account will remain the same.
The services we have provided to you thus far will continue to be offered by Sterling FX. The only differences will be slight changes to the interface, such as the website, logo, and color scheme.
We are excited to continue doing business with you and greatly appreciate your ongoing partnership.
As always should you have any questions, please feel free to get in touch on +44(0) 207 723 7000.
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