Convert United States Dollar to Omani Rial
Please provide values below to convert United States Dollar [USD] to Omani Rial [OMR], or Convert Omani Rial to United States Dollar.
How to Convert United States Dollar to Omani Rial
1 USD = 2.60078023407022 OMR
Example: convert 15 USD to OMR:
15 USD = 15 × 2.60078023407022 OMR = 39.0117035110533 OMR
United States Dollar to Omani Rial Conversion Table
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.