Convert Chinese Yuan to Omani Rial
Please provide values below to convert Chinese Yuan [CNY] to Omani Rial [OMR], or Convert Omani Rial to Chinese Yuan.
How to Convert Chinese Yuan to Omani Rial
1 CNY = 18.6577373211964 OMR
Example: convert 15 CNY to OMR:
15 CNY = 15 × 18.6577373211964 OMR = 279.866059817945 OMR
Chinese Yuan to Omani Rial Conversion Table
| Chinese Yuan | Omani Rial |
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Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).
Omani Rial
The Omani Rial (OMR) is the official currency of Oman, used for all monetary transactions within the country.
History/Origin
The Omani Rial was introduced in 1970, replacing the Gulf rupee at par, and has since been the standard currency of Oman, with its value stabilized through pegging to the US dollar.
Current Use
The Omani Rial is widely used in Oman for everyday transactions, banking, and trade, and is subdivided into 1000 baisa.