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OMR flagOmani Rial
(OMR) Insights

Currency of strategically located Gulf nation (Hormuz Strait); 2nd highest-valued Gulf currency; oil and gas exports; Oman as neutral regional diplomatic hub; Vision 2040 diversification

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Currency Snapshot

Technical specifications, central bank governance, and market standing for Omani Rial.

ISO Code

OMR

Standardized ISO 4217 Currency Code

Symbol

﷼

Unicode Glyphs & Display Symbol

Minor Unit

1/1000 = Baisa Decimals

Subdivision unit definition

Region

Oman

OMR Primary AreaGlobal Trade
Central Bank

Central Bank of Oman (CBO)

Central Bank of Oman (CBO)

Pegged Currency

US Dollar (USD)

Market-determined exchange rate mechanism

Currency Standard: Fiat (USD-pegged)

Classified as Fiat (USD-pegged) in global trade networks

Banknotes

OMR 100 baisa

Coins

5b

Global Network Integration

The FX Intelligence terminal maps the institutional footprint of the Omani Rial, highlighting cross-border utilization and primary trading corridors.

Fiat (USD-pegged)
Classification
USD/OMR (pegged)
Top Pair Mapping
Oman
Main Adoption Regions
Omani Rial Trading Terminal

Verified Authority

Regulated data streams mapped to Central Bank of Oman (CBO).

OMR Market Insights

Deep-dive analysis of the Omani Rial's global impact, remittance role, and institutional influence.

Strong Currency Impact

Strong Currency Impact

N/A (pegged); cheaper imports in effective USD strength

Weak Currency Impact

Weak Currency Impact

N/A (pegged); managed via oil revenues and fiscal management

Remittance Role

Remittance Role

Oman is significant remittance sender from large migrant population; primary destinations India, Pakistan, Bangladesh, Philippines

Central Bank Tools

Central Bank Tools

Reserve Requirements, Interest rates (mirrors Fed), FX Reserves

Support & Resources

Common Questions About Omani Rial

Everything you need to know about OMR exchange rates, banknotes, and historical significance.

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