Convert Omani Rial to Swedish Krona
Please provide values below to convert Omani Rial [OMR] to Swedish Krona [SEK], or Convert Swedish Krona to Omani Rial.
How to Convert Omani Rial to Swedish Krona
1 OMR = 0.0402858250474105 SEK
Example: convert 15 OMR to SEK:
15 OMR = 15 × 0.0402858250474105 SEK = 0.604287375711157 SEK
Omani Rial to Swedish Krona 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.
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.