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XGM
XGM
swap
OMR
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calculator.fiat.title

About Omani Rial (OMR)

The Omani Rial (OMR), introduced in 1973, is not only Oman's official currency but also a symbol of the nation's economic strength and cultural heritage. It is commonly abbreviated as OMR and represented by the symbol ر.ع. The Rial's introduction marked Oman's transition from the Indian Rupee and the Maria Theresa Thaler, symbolizing a new era of economic self-determination and modernization under Sultan Qaboos bin Said.

Historical Background

The adoption of the Omani Rial was a key step in Oman's post-colonial journey, reflecting the nation's aspiration to forge an independent economic identity. Replacing the Gulf Rupee, the Rial represented Oman's newfound economic independence and was instrumental in aligning its economy with international standards.

Design and Symbolism

The design of the Omani Rial is a celebration of Oman’s rich history and cultural heritage. Banknotes feature images of Sultan Qaboos, traditional Omani architecture, natural landmarks, and historical sites. These designs serve not only as a medium for financial transactions but also as reminders of Oman's heritage and the modern achievements under Sultan Qaboos’s reign.

Economic Role

The Omani Rial plays a crucial role in the nation’s economy, characterized by its substantial oil and gas reserves. As the primary currency, it underpins the oil sector, which is pivotal to Oman's economy, facilitating trade and investment and is vital for the country’s fiscal stability.

Monetary Policy and Stability

Managed by the Central Bank of Oman, the Rial is one of the highest-valued currencies in the world, reflecting Oman's economic stability and substantial hydrocarbon resources. The bank’s policies focus on maintaining the currency's value and stability, crucial for fostering a climate conducive to economic growth and investor confidence.

International Trade and the Omani Rial

The value of the Rial is significant in international trade, particularly for Oman's oil and gas exports. A stable and strong Rial is essential for maintaining competitive prices in the global market and attracting foreign investment in various sectors.

Remittances and the Economy

Remittances from Omanis working abroad and expatriates residing in Oman contribute to the country’s foreign exchange reserves. These inflows, exchanged into Rials, support the currency's stability and contribute to the national economy.

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1D7D1M3M1YAll
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calculator.compare.title

calculator.compare.exchangecalculator.compare.pricecalculator.compare.maker_feecalculator.compare.tradable
Bitgethot-iconcalculator.compare.best
ر.ع.0.{4}1080
0.0200% / 0.0320%vip-iconcalculator.compare.vip
coin.update_time(UTC+0)

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calculator.p2p.trade_and_ratecalculator.p2p.pricecalculator.p2p.amt_limit
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calculator.detail.affect_today
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$3.78K
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$9.93175299
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134.56M XGM

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0.5 XGM
ر.ع.0.{5}5402
1 XGM
ر.ع.0.{4}1080
5 XGM
ر.ع.0.{4}5402
10 XGM
ر.ع.0.0001080
50 XGM
ر.ع.0.0005402
100 XGM
ر.ع.0.001080
500 XGM
ر.ع.0.005402
1000 XGM
ر.ع.0.01080

coin.current_to_local

coin.amountcalculator.detail.time_
0.5OMR46,277.17  XGM
1OMR92,554.35  XGM
5OMR462,771.73  XGM
10OMR925,543.46  XGM
50OMR4,627,717.31  XGM
100OMR9,255,434.62  XGM
500OMR46,277,173.11  XGM
1000OMR92,554,346.22  XGM

calculator.detail.price_24

coin.amountcalculator.detail.time_calculator.detail.price_24_agocalculator.detail.price_24_change
0.5 XGM$0.{4}1403$0.{4}1412
-0.65%
1 XGM$0.{4}2806$0.{4}2825
-0.65%
5 XGM$0.0001403$0.0001412
-0.65%
10 XGM$0.0002806$0.0002825
-0.65%
50 XGM$0.001403$0.001412
-0.65%
100 XGM$0.002806$0.002825
-0.65%
500 XGM$0.01403$0.01412
-0.65%
1000 XGM$0.02806$0.02825
-0.65%

calculator.detail.price_month

coin.amountcalculator.detail.time_calculator.detail.price_month_agocalculator.detail.price_month_change
0.5 XGM$0.{4}1403$0.{4}1244
+12.81%
1 XGM$0.{4}2806$0.{4}2487
+12.81%
5 XGM$0.0001403$0.0001244
+12.81%
10 XGM$0.0002806$0.0002487
+12.81%
50 XGM$0.001403$0.001244
+12.81%
100 XGM$0.002806$0.002487
+12.81%
500 XGM$0.01403$0.01244
+12.81%
1000 XGM$0.02806$0.02487
+12.81%

calculator.detail.price_year

coin.amountcalculator.detail.time_calculator.detail.price_year_agocalculator.detail.price_year_change
0.5 XGM$0.{4}1403$0.{5}8626
+62.58%
1 XGM$0.{4}2806$0.{4}1725
+62.58%
5 XGM$0.0001403$0.{4}8626
+62.58%
10 XGM$0.0002806$0.0001725
+62.58%
50 XGM$0.001403$0.0008626
+62.58%
100 XGM$0.002806$0.001725
+62.58%
500 XGM$0.01403$0.008626
+62.58%
1000 XGM$0.02806$0.01725
+62.58%

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