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    Best GBP to OMR Exchange Rates Compared Live

    The live mid-rate GBP to OMR exchange rate is 0.4734. Compare currency conversion rates - Reduce FX costs.

    GBP-OMR Best Exchange Rates
     

     

    What is the best Send Money conversion rate for GBP to OMR?

    The best GBP to OMR exchange rate is 0.4706 from XE. This is -0.59% compared to the mid-market rate 0.4734.

    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.

    How do GBP-OMR rates compare between providers?

    Looking at our comparison table the best GBP to OMR exchange rate is 0.4706 from XE, -0.59% from the mid-market rate 0.4734. The next best rate is 0.4701 from Wise, -0.7% from the mid-rate. Currencies Direct with 0.4696 is -0.8% from the mid-rate.

    The Western Union rate is 0.4663 which is -1.5% from the mid-rate.

    Among the banks, the Lloyds Bank rate is 0.4428 at -6.5%, the Royal Bank of Scotland rate is 0.4457 at -5.9%, and the Barclays Bank rate is 0.4568 at -3.5% from the mid-rate.

    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.

     

    Compare Rates

     

    The Sterling to Rial comparison table above 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 (see Market Data below ) and the possible savings of using various providers. 

     
     
     

    GBP to OMR Market Data

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

     
    Sell GBP   →   Buy OMR
    1 GBP =
    0.4734We compare provider deals to this wholesale mid-market rate. Read more
    OMR
    +1.6% since yesterday
    GBP to OMR is at 7-day highs near 0.4747, 2.4% below its 3-month average of 0.4862, having traded in a relatively stable 7.4% range from 0.4671 to 0.5015
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      1 OMR = 2.1124 GBP
    DateGBP/OMRChangePeriod
    07 Jan 2025
    0.4803
    1.4% 2 Week
    23 Oct 2024
    0.4972
    4.7% 3 Month
    22 Jan 2024
    0.4891
    3.2% 1 Year
    23 Jan 2020
    0.5051
    6.2% 5 Year
    24 Jan 2015
    0.5773
    18% 10 Year
    26 Jan 2005
    0.7230
    34.5% 20 Year
    GBP/OMR historic rates & change to 21-Jan-2025
     

    What are equivalent amounts of GBP and OMR?

    Here are some popular conversion amounts for GBP to OMR (British pound to Omani rial)*.

    GBP OMR
    £ 1 0.4734
    £ 5 2.3670
    £ 10 4.7340
    £ 20 9.4680
    £ 50 23.67
    £ 100 47.34
    £ 250 118.35
    £ 500 236.70
    £ 1,000 473.40
    £ 2,000 946.80
    £ 5,000 2,367
    £ 10,000 4,734
    £ 20,000 9,468
    £ 50,000 23,670
    £ 100,000 47,340
    GBP OMR
    £ 2.1124 ﷼ 1
    £ 10.56 ﷼ 5
    £ 21.12 ﷼ 10
    £ 42.25 ﷼ 20
    £ 105.62 ﷼ 50
    £ 211.24 ﷼ 100
    £ 528.10 ﷼ 250
    £ 1,056 ﷼ 500
    £ 2,112 ﷼ 1,000
    £ 4,225 ﷼ 2,000
    £ 10,562 ﷼ 5,000
    £ 21,124 ﷼ 10,000
    £ 42,248 ﷼ 20,000
    £ 105,620 ﷼ 50,000
    £ 211,240 ﷼ 100,000

    More amounts

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

     
     

    Forecasts for GBP to OMR

     

    GBP to OMR exchange rate forecasts reflect the recent challenges faced by the British pound, particularly after disappointing GDP data that showed only a 0.1% growth in November, falling short of market expectations of 0.2%. FX analysts indicate that this disappointing economic performance has led to a softening of the GBP, with market sentiment further influenced by upcoming retail sales figures that could provide some reassurance if results improve. Despite these challenges, the GBP to OMR exchange rate has recently seen stability, trading at 7-day highs around 0.4747, albeit 2.4% below its 3-month average of 0.4862. This indicates a potential opportunity for businesses and individuals looking to undertake transactions involving the Omani rial.

    Read our full review of recent GBP to OMR forecasts.

     

    How to get a good GBP to OMR exchange rate

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

    1. Shop around for the best GBP/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 GBP/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 GBP 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 British pound, then it's better for the GBP/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.

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

    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.

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    Compare Rates

    Will the British pound 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 GBP/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.

    Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

     
     

    Currency Country Guides

    United KingdomUnited Kingdom (GBP)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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