Convert Omani Rial to Libyan Dinar
Please provide values below to convert Omani Rial [OMR] to Libyan Dinar [LYD], or Convert Libyan Dinar to Omani Rial.
How to Convert Omani Rial to Libyan Dinar
1 OMR = 0.0708364038319823 LYD
Example: convert 15 OMR to LYD:
15 OMR = 15 × 0.0708364038319823 LYD = 1.06254605747973 LYD
Omani Rial to Libyan Dinar 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.
Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.