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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.
US dollar (USD) to Omani rial (OMR) market data - latest interbank exchange rate, trend, chart & historic rates.
In the near term, USD/OMR is expected to remain close to its established hard-peg level. Because OMR is effectively fixed to USD,...
In the near term, USD/EUR is trading close to recent highs near 0.8685, supported by safe-haven flows. The pair's structure points...
In the near term, USD/JPY is trading close to recent highs near 158.7, about 1.6% above its 3-month average of 156.2. The pair is...
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Omani rial across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
*Converted at the current USD-OMR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best USD to OMR exchange rate is 0.3822 from XE. This is -0.6% compared to the mid-market rate 0.3845.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Omani rial (OMR) rates from different sources before making a conversion.
The above Dollar 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 USD-OMR mid-rate and the possible savings of using various providers.
Looking at the full USD to OMR - Send Money comparison table the provider with the best USD to OMR exchange rate is XE at 0.3822, -0.6% from the latest mid-market rate 0.3845.
The next best is Western Union at 0.3768, -2% from the mid-rate.
Then Wise at 0.3764, which is -2.1% from the mid-rate.
Among the banks the Chase Bank rate is 0.3506 at -8.8% the Wells Fargo Bank rate is 0.3494 at -9.1% and the Citibank rate is 0.3671 at -4.5% compared to the mid-rate 0.3845.
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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