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base info Nexa

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NEXA
NEXA
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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calculator.compare.exchangecalculator.compare.pricecalculator.compare.maker_feecalculator.compare.tradable
Bitgethot-iconcalculator.compare.best
ر.ع.0.{6}6543
0.0200% / 0.0320%vip-iconcalculator.compare.vip
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$9.92M
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$139.48K
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5.86T NEXA

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0.5 NEXA
ر.ع.0.{6}3260
1 NEXA
ر.ع.0.{6}6519
5 NEXA
ر.ع.0.{5}3260
10 NEXA
ر.ع.0.{5}6519
50 NEXA
ر.ع.0.{4}3260
100 NEXA
ر.ع.0.{4}6519
500 NEXA
ر.ع.0.0003260
1000 NEXA
ر.ع.0.0006519

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coin.amountcalculator.detail.time_
0.5OMR766,946  NEXA
1OMR1,533,891.99  NEXA
5OMR7,669,459.97  NEXA
10OMR15,338,919.94  NEXA
50OMR76,694,599.71  NEXA
100OMR153,389,199.43  NEXA
500OMR766,945,997.13  NEXA
1000OMR1,533,891,994.26  NEXA

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0.5 NEXA$0.{6}8469$0.{6}8907
-4.92%
1 NEXA$0.{5}1694$0.{5}1781
-4.92%
5 NEXA$0.{5}8469$0.{5}8907
-4.92%
10 NEXA$0.{4}1694$0.{4}1781
-4.92%
50 NEXA$0.{4}8469$0.{4}8907
-4.92%
100 NEXA$0.0001694$0.0001781
-4.92%
500 NEXA$0.0008469$0.0008907
-4.92%
1000 NEXA$0.001694$0.001781
-4.92%

calculator.detail.price_month

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0.5 NEXA$0.{6}8469$0.{5}1184
-28.47%
1 NEXA$0.{5}1694$0.{5}2368
-28.47%
5 NEXA$0.{5}8469$0.{4}1184
-28.47%
10 NEXA$0.{4}1694$0.{4}2368
-28.47%
50 NEXA$0.{4}8469$0.0001184
-28.47%
100 NEXA$0.0001694$0.0002368
-28.47%
500 NEXA$0.0008469$0.001184
-28.47%
1000 NEXA$0.001694$0.002368
-28.47%

calculator.detail.price_year

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0.5 NEXA$0.{6}8469$0.{5}2063
-58.95%
1 NEXA$0.{5}1694$0.{5}4126
-58.95%
5 NEXA$0.{5}8469$0.{4}2063
-58.95%
10 NEXA$0.{4}1694$0.{4}4126
-58.95%
50 NEXA$0.{4}8469$0.0002063
-58.95%
100 NEXA$0.0001694$0.0004126
-58.95%
500 NEXA$0.0008469$0.002063
-58.95%
1000 NEXA$0.001694$0.004126
-58.95%

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