The nation scores 1.889 on the Global Peace Index. The currency name was altered due to the regime change in 1970 and the subsequent change of the country's name. Breaking Down the Oman Rial OMR Exchange Rates . 1 Rial is divided into 1000 Baizas. 1 US Dollar = 0.38 Rial 1 Rial = 2.60 US Dollar. USDIRR is at 90-DAY LOWS. The rial Omani replaced the rial Saidi at par in 1973. Convert Omani Rial - OMR to Major World Currencies with TransferWise Currency Converter This currency rates table lets you compare an amount in Omani Rial to all other currencies. OMR - Omani Rial. Before 1940, Oman used INR as its official currency and this is why the most popular Rial exchange rate is INR to OMR Rate. ‘ OMANI RIAL (OMR) ’ The OMANI RIAL (OMR) is the currency of Oman. The Omani Rial is the #101 most used widely currency is the world. Here is the Omani Rial to Indian Rupee Chart. The Omani rial replaced the rial Saidi at par in 1973. A country can set the base value to whatever they want, although, they typically keep it a reasonable amount. km in the southeastern coast of the Arabian Peninsula. The new rial was subdivided into 1000 baisa. Analyze historical currency charts or live Omani Rial / Omani Rial rates and get free rate alerts directly to your email. Development graph of Omani Rial (OMR), Currency converter. Enter the amount of money to be converted from Omani Rial (OMR) to Indian Rupee (INR), it is converted as you type.Also, you can convert in the reverse direction (from INR to OMR).. At that time, the currency became pegged to the US dollar at 1 Omani rial = US$2.895, instead of the pound sterling, a rate that would continue until 1986, when it was devalued by about 9% to 1 Omani rial … Currency guide to Iran and Iranian Rial (IRR) rates and money saving tips - Travel Money & Transfers. This decimal currency is subdivided into thousandths, rather than hundredths, into a subunit called the baisa. Select a time frame for the chart; 1 month, 3 months, 6 months, year to day, 1 Year and all available time which varies from 7 to 13 years according to the currency. ... Oman is a country in the southeast of the Arabian Peninsula at the Gulf of Oman. 1 Omani Rial = 191.38 Indian Rupee. Omani Rial (OMR) to Indian Rupee (INR) Chart . After 1861, however, Zanzibar fell from Omani control. OMR Omani Rial * Country Oman Region Middle East Sub-Unit 1 Rial = 1000 baisa Symbol ر.ع. It’s quite different then the value of 100 rials, in fact it’s 1000 less. It is pegged to the US dollar at 1 Rail = 2.6008 US dollars. The Omani rial is pegged to the United States dollar with the rate adjusted in 1986. The Central Bank of Yemen has exclusive authority for issuing the Yemeni rial, which equals 100 fils. *Pegged: 1 USD = 0.38450 OMR. Its high value makes the Omani rial the third highest value currency in the world after two others from the Middle East: the Kuwaiti dinar and the Bahraini dinar. Tuesday, 24.11.2020 (Omani Rial) - up-to-date exchange rate, €1 = 0.457 OMR. The Omani rial replaced the rial Saidi at par in 1973. The one hundred baisa banknote has been withdrawn from circulation. See also: Muscat and Oman The rial is the official currency of the Sultanate of Oman, an Arab nation southeast of Saudi Arabia. 4,974,986 user population Ranked #101 in the world. The currency in Oman is the Omani Rial which is worth roughly US$2.60. The currency name was altered due to the regime change in 1970 and the subsequent change of the country's name. Prior to that it was valued at 1 OMR to 2.895 USD. The regulation of OMR is under the Central Bank of Oman, like all the other currencies Omani Rial is also pegged on US dollar and at the present date the 1OMR is equal to 0.3845 Rial.