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Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Sending money to Oman can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Oman bank accounts or pay a Omani rial invoice.
British pound (GBP) to Omani rial (OMR) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP/OMR Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average yet lacks a clear driving force.
GBP/USD Outlook: The outlook is slightly positive but likely to move sideways since the rate is above the recent average while lacking a clear driving force.
GBP/EUR Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average yet lacks strong impetus for a significant shift.
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Omani rial across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
*Converted at the current GBP-OMR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best GBP to OMR exchange rate is 0.5253 from XE. This is -0.59% compared to the mid-market rate 0.5284.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Omani rial (OMR) rates from different sources before making a conversion.
The above Sterling to Rial comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest GBP-OMR mid-rate and the possible savings of using various providers.
Looking at the full GBP to OMR - Send Money comparison table the provider with the best GBP to OMR exchange rate is XE at 0.5253, -0.59% from the latest mid-market rate 0.5284.
The next best is Western Union at 0.5205, -1.5% from the mid-rate.
Then Wise at 0.5202, which is -1.6% from the mid-rate.
Among the banks the Lloyds Bank rate is 0.4825 at -8.7% the Royal Bank of Scotland rate is 0.4857 at -8.1% and the Barclays Bank rate is 0.4907 at -7.1% compared to the mid-rate 0.5284.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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