What you should know about...
Omani Rials (OMR)
The OMR is the official currency of Oman, with the symbol ر.ع..
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Omani Rials to Australian Dollars: Exchange rates today
 OMR |  GBP |
|---|---|
| 1.94 GBP | |
| 19.42 GBP | |
| 38.84 GBP | |
| 97.10 GBP | |
| 194.20 GBP | |
| 485.52 GBP | |
| 582.62 GBP | |
| 972.01 GBP | |
| 1,944.02 GBP | |
| 3,888.04 GBP | |
| 9,720.11 GBP | |
| 19,440.85 GBP |
| GBP | OMR |
|---|---|
| 0.512 OMR | |
| 5.124 OMR | |
| 10.249 OMR | |
| 25.624 OMR | |
| 51.248 OMR | |
| 128.120 OMR | |
| 153.744 OMR | |
| 256.240 OMR | |
| 512.991 OMR | |
| 1,025.982 OMR | |
| 2,564.957 OMR | |
| 5,130.081 OMR |
Exchange rates are dynamic. Always remember to check the applicable rate in-app before carrying out your exchange.
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Learn more about the Omani Rials
History
The Omani Rials was established as the official currency of Oman in 1973. Its introduction was a key development for the nation, and it continues to be a central part of the economic landscape of both Oman and Middle East. Check our guide about the evolution of OMR to GBP to learn more about their exchange rate history.Characteristics
The Omani Rials is divided into Baisa. You'll find Omani Rials banknotes in 1, 5, 10, 20, 50 rials; 100, 200 baisa and coins in 5, 10, 25, 50 baisa.Monetary policy
The Omani Rials is managed by the Central Bank of Oman, which is responsible for the currency's monetary policy and currency's value. This approach allows the currency to fluctuate based on market conditions, while the central bank retains the ability to intervene to maintain stability and control inflation. This strategic management is crucial for supporting the economic growth and stability of Oman.Currency exchange
The Omani Rials's value is pegged to the USD, meaning it has a fixed exchange rate. This provides stability and predictability, making it a reliable currency for international business and trade.
Facts table for the Omani Rials (OMR)
| Currency name | Omani Rials | |
| Currency code | OMR | |
| Currency symbol | ر.ع. | |
| Minor unit | Baisa | |
| Minor unit symbol | - | |
| Notes frequently used | 1, 5, 10, 20, 50 rials; 100, 200 baisa | |
| Coins frequently used | 5, 10, 25, 50 baisa | |
| Central bank | Central Bank of Oman | |
| Users | Oman |
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