Convert Omani Rial to Saudi Riyal
Please provide values below to convert Omani Rial [OMR] to Saudi Riyal [SAR], or Convert Saudi Riyal to Omani Rial.
How to Convert Omani Rial to Saudi Riyal
1 OMR = 0.102533333333333 SAR
Example: convert 15 OMR to SAR:
15 OMR = 15 × 0.102533333333333 SAR = 1.538 SAR
Omani Rial to Saudi Riyal 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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.