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Best EUR to OMR Exchange Rates Compared Live

The best EUR to OMR exchange rate is 0.4155. Compare foreign transfer and currency exchange rates, find better rates & deals.

EUR-OMR Best Exchange Rate Calculator
 

Comparing EUR-OMR exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Euro (EUR) to Omani rial (OMR) rates from different sources before making a conversion.

The above Euro to Rial comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest EUR-OMR mid-rate (see below) and the possible savings of using another provider.

 

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EUR to OMR Market Data

Euro (EUR) to Omani rial (OMR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 EUR =
0.4155We compare provider deals to this wholesale mid-market rate. Read more
OMR
-0.1%
📉2W
EUR to OMR at 0.4164 is just 0.5% below its 3-month average of 0.4185, having traded in a very stable 3.7% range from 0.4122 to 0.4275
|
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  1 OMR = 2.4067 EUR
DateEUR/OMRChangePeriod
13 Mar 2024
0.4216
1.1% â–¼2 Week
28 Dec 2023
0.4261
2.2% â–¼3 Month
28 Mar 2023
0.4173
0.1% â–¼1 Year
29 Mar 2019
0.4320
3.5% â–¼5 Year
30 Mar 2014
0.5294
21.3% â–¼10 Year
01 Apr 2004
0.4749
12.2% â–¼20 Year
EUR/OMR historic rates & change to 27-Mar-2024
 

What are equivalent amounts of EUR and OMR?

Here are some popular conversion amounts for EUR to OMR (Euro to Omani rial)*.

EUR OMR
€ 1 0.4155
€ 5 2.0775
€ 10 4.1550
€ 20 8.3100
€ 50 20.78
€ 100 41.55
€ 250 103.88
€ 500 207.75
€ 1,000 415.50
€ 2,000 831.00
€ 5,000 2,078
€ 10,000 4,155
€ 20,000 8,310
€ 50,000 20,775
€ 100,000 41,550
EUR OMR
2.4067 ﷼ 1
12.03 ﷼ 5
24.07 ﷼ 10
48.13 ﷼ 20
120.34 ﷼ 50
240.67 ﷼ 100
601.68 ﷼ 250
1,203 ﷼ 500
2,407 ﷼ 1,000
4,813 ﷼ 2,000
12,034 ﷼ 5,000
24,067 ﷼ 10,000
48,134 ﷼ 20,000
120,335 ﷼ 50,000
240,670 ﷼ 100,000

More amounts

*Converted at the current EUROMR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for EUR to OMR

 

Despite recent pressures on the Euro (EUR) stemming from negative correlation with the US dollar and European Central Bank (ECB) rate cut expectations, FX analysts are cautiously optimistic about its future against the Omani Rial (OMR). The EUR/OMR exchange rate, currently at 0.4170 and slightly below its 3-month average, has maintained stability within a 3.7% range. With the EUR's recent gains post the March US jobs report and the ECB's decision to delay rate cuts until June, there is a mixed sentiment surrounding the Euro's performance.

Read our full review of recent EUR to OMR forecasts.

 

How to get a good EUR to OMR exchange rate

There are several ways to save on exchange rates when converting Euro to Omani rial:

  1. Shop around for the best EUR/OMR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the EUR/OMR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both EUR and OMR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Omani rial with Euro, then it's better for the EUR/OMR exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the Euro rise against the Omani rial?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add EUR/OMR to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

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Read our Currency guide to Oman - a practical currency and money guide to travel, living and doing business in Oman with the Omani rial.

 
 
 

Currency Country Guides

EurozoneEurozone (EUR)OmanOman (OMR)
 

What is the cost of living in Oman?

The cost of living in Oman is quite high, with basic groceries costing around $80 per week. Rent for a one-bedroom apartment in a good area can cost up to $1,000 per month, and utilities such as electricity and water can cost up to $250 per month.

How is the expat life in Oman?

Expat life in Oman is very comfortable. There are many good schools, hospitals and shopping centres. The cost of living is also relatively low.

Read more at our Oman (OMR) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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