Convert Omani Rial to Philippine Peso
Please provide values below to convert Omani Rial [OMR] to Philippine Peso [PHP], or Convert Philippine Peso to Omani Rial.
How to Convert Omani Rial to Philippine Peso
1 OMR = 0.00675244940931434 PHP
Example: convert 15 OMR to PHP:
15 OMR = 15 × 0.00675244940931434 PHP = 0.101286741139715 PHP
Omani Rial to Philippine Peso Conversion Table
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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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.