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    Currency in Oman

    A practical currency and money guide to travel, living and doing business in Oman and the Omani rial (OMR).


    What currency is used in Oman?

    The official currency of Oman (country code: OM) is the Omani rial, with symbol and currency code OMR.

    Things to know about the Omani rial

    The Omani rial (OMR) is the official currency of Oman, a country located in the Middle East. Here are a few things to know about the Omani rial:

    1. The Omani rial is abbreviated as OMR and is divided into 1000 baisa.
    2. The Central Bank of Oman is responsible for issuing and regulating the Omani rial.
    3. The exchange rate for the Omani rial is determined by supply and demand in the foreign exchange market.
    4. Oman has a large, diversified economy that is heavily reliant on oil exports. The country is also a major producer of natural gas and has a growing tourism industry.
    5. The Omani rial has been relatively stable in recent years, but the currency has faced challenges due to fluctuations in global oil prices and economic challenges such as high unemployment and a large budget deficit.

    Travel Ideas and Money Tips for Oman

    Describe Oman for travelers and expats

    Oman is a fascinating country located in the southeastern corner of the Arabian Peninsula. It's a land of great contrasts, with beautiful beaches, mountains, and deserts. The people are friendly and welcoming, and the country has a rich culture. Oman is a great place to visit if you're interested in learning more about the Middle East. There are plenty of opportunities for outdoor activities, and the food is fabulous.

    Best things to do and see in Oman

    1. Visit the Nizwa Fort

    2. Shop at the Muttrah Souq

    3. Take a dip in the Wadi Shab

    4. Visit the SultanQaboos Grand Mosque

    5. Explore the Bimmah Sinkhole

    6. Hike up Jabal Shams

    7. Visit the Wahiba Sands

    8. Go scuba diving in the Daymaniyat Islands

    9. Take a cruise in a traditional dhow

    10. Visit the Nakhl Fort

    Top Travel tips for Oman

    1. If you're renting a car, make sure you have a good map of the area.

    2. Be aware of the dress code in Oman. Modest clothing is required for both men and women.

    3. If you're planning on hiking or visiting remote areas, make sure you're prepared with proper gear and equipment.

    4. Don't forget to pack sunscreen and insect repellent.

    5. When visiting mosques, be respectful of local customs and dress modestly.

    Is it safe in Oman?

    Oman is considered a very safe destination for travelers. Violent crime is extremely rare, and most incidents tend to be focused around petty crime such as pickpocketing or scams. traveler should take standard precautions against pickpockets and scam artists, but overall, Oman is a safe place to travel.



    Expat Money & Business Guide to Oman

    Managing your money effectively while living and working abroad can be challenging, but there are several steps you can take to ensure that your finances are in order.

    By following these tips and managing your money effectively, you can reduce financial stress and enjoy your experience living or doing business in Oman.

    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.

    Any laws in Oman that foreigners should be aware of?

    Oman is a country located in the Middle East and has its own set of laws and customs that travelers should be aware of. Here are a few things that travelers should know:

    1. It is illegal to consume alcohol in public in Oman. Alcohol can only be consumed in licensed venues such as hotels and bars.

    2. It is illegal to import or use drugs in Oman. Penalties for drug offenses can be severe, including imprisonment and fines.

    3. Photography of certain landmarks and government buildings is not allowed in Oman.

    4. It is illegal to engage in any kind of gambling in Oman.

    5. Public displays of affection, such as kissing or holding hands, are not allowed and can result in fines or imprisonment.

    6. It is important to dress modestly and respect local customs and traditions. This includes wearing clothing that covers the shoulders and knees in public.

    7. It is illegal to import or use any kind of pornography in Oman.

    8. The Omani authorities take cybercrime seriously and have strict laws against online fraud, hacking, and the distribution of illegal or inappropriate content.

    9. It is important to respect the local culture and traditions, including the prohibition on eating, drinking, or smoking in public during the daylight hours of the month of Ramadan.

    10. It is a good idea for travelers to familiarize themselves with the local laws and customs before visiting Oman to ensure that they do not inadvertently break any laws.

    What is doing business like in Oman?

    The business climate in Oman is generally good, although there are some bureaucratic hurdles that can make starting a business challenging. The government is supportive of foreign investment and is working to improve the business environment. Overall, Oman is a good place to do business.

    How is the economy in Oman?

    The economy of Oman is diversified, with initial successes in the oil and natural gas industries followed by the introduction of industrialization, mining, agriculture, and fishing initiatives. Tourism is also becoming a significant contributor to the economy. Despite this diversification, oil and gas exports still account for about 75% of government revenue and 85% of Oman's exports.

    Managing your finances in Oman

    Here we list some key points for expats and businesses to consider when managing financial dealings in Oman:

    1. Understand Omani rial currency exchange rates: Exchange rates can have a big impact on your finances, so it is important to keep an eye on the OMR exchange rate and consider using a currency exchange service or a credit card that does not charge foreign transaction fees to get the best exchange rate.

    2. Use a local Omani rial bank account: A local OMR bank account can make it easier for you to manage your finances and pay bills while you are in Oman. It may also be more convenient to use a local OMR bank account to make purchases and withdraw cash.

    3. Research local laws and regulations: It is important to understand the local laws and regulations that apply to financial transactions in Oman. This can help you avoid legal issues and ensure that you are complying with local requirements.

    4. Consider the tax implications: It is important to understand the tax implications of living or doing business in Oman. This can help you plan your finances and ensure that you are paying the correct amount of tax.

    5. Seek financial advice: If you are unsure of how to manage your finances in Oman, it is a good idea to seek the advice of a financial professional who is familiar with the local financial system. This can help you make informed decisions and avoid financial pitfalls.


    OMR/EUR – Market Data

    The exchange rate of Omani rial (OMR), or the amount of OMR that can be exchanged for a foreign currency, can fluctuate rapidly based on a number of factors, including economic conditions, interest rates, and political events. Below you can check the latest OMR/EUR rate plus recent trend, chart, and historic rates.

    1 OMR = 2.3977 EUR
    Sell OMR  →  Buy EUR
    OMR to EUR at 2.3973 is 1.0% below its 3-month average of 2.422, having fluctuated within a 4.5% range of 2.3638-2.4712
    OMREUR :

    14 Mar 2023
    2 Week
    28 Dec 2022
    3 Month
    28 Mar 2022
    1 Year
    29 Mar 2018
    5 Year
    30 Mar 2013
    10 Year
    02 Apr 2003
    20 Year
    OMR/EUR historic rates


    Compare Omani rial Exchange Rates & Fees

    The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make an International Money Transfer to Oman or planning a trip or maybe living there, so will need to exchange and spend Omani rial.

    Loading comparison rates...

    ProviderAmountsRateTotal Cost

    It is important to note that the exchange rate of the Omani rial can change rapidly and that past performance is not necessarily indicative of future performance. It is advisable to carefully consider the risks and factors that may affect OMR exchange rates before making any financial decisions.





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