Omani rial · OMR
ر.ع. symbol · 1 country currently using this currency.
Currency info
Adopted: 1973
Currency family: Other
The Omani rial is one of the highest-valued currencies in the world by denomination, with banknotes reaching 100 rial notes.
- Introduced in 1973, replacing the Omani rupee at a rate of 1 rial = 21 rupees
- Subdivided into 1,000 baisa, reflecting Oman's historical trade connections
- Pegged to the US dollar since 1986 at a fixed rate of 1 OMR = 2.6008 USD
- One of the world's least volatile currencies due to its dollar peg and oil-backed economy
- The rial symbol (ر.ع.) combines Arabic letters representing 'riyal' and 'Omani'
Countries currently using this currency
Related
Other Other currencies
Historical predecessor
Omani rupee