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The Omani rial replaced the Saidi rial at par on 11 November 1972. [ 8 ] [ 9 ] [ 10 ] At that time, the currency became pegged to the US dollar at 1 Omani rial = US$2.895, instead of the pound sterling, a rate that would continue until 1986, when it was devalued by about 9% to 1 Omani rial = US$2.6008.
It was introduced as a replacement for the Indian rupee for circulation exclusively outside the country. [2] Effectively, the common currency area now did not include India. On 6 June 1966, India devalued the Gulf rupee against the Indian rupee. Following the devaluation, several of the states still using the Gulf rupee adopted their own ...
Omani rial [63] OMR Oman: ر.ع [64] Baisa [63] Pakistani Rupee [65] PKR Pakistan: Rs [65] [66] Paisa [65] Israeli new shekel [33] ILS Palestine ₪ [33] [34] Agora [33] [34] Philippine peso [67] PHP Philippines ₱ [67] [68] Sentimo [67] [68] Qatari riyal [69] QAR Qatar: ر.ق [70] Dirham [69] Russian Ruble [2] RUB Russia: руб. [1] [2 ...
Fixed currency Anchor currency Rate (anchor / fixed) Abkhazian apsar: Russian ruble: 0.1 Alderney pound (only coins) [1]: Pound sterling: 1 Aruban florin: U.S. dollar: 1.79
1 INR = 1.6000 NPR (buy) 1 INR = 1.6015 NPR (sell) North Korea: North Korean won: Central Bank of the Democratic People's Republic of Korea Oman: Omani rial: Central Bank of Oman: 1 OMR = USD 2.6008 Pakistan: Pakistani rupee: State Bank of Pakistan Papua New Guinea: Papua New Guinean kina: Bank of Papua New Guinea Philippines: Philippine peso
rial Iranian rial: Rl is singular and Rls is plural U+FDFC ﷼ RIAL SIGN.ر.ي YRl ⁄ YRls Rl ⁄ Rls: rial Yemeni rial: Rl is singular and Rls is plural .ر.س SR SRl ⁄ SRls Rl ⁄ Rls: riyal Saudi riyal: Rl is singular and Rls is plural .ر.ع RO: rial Omani rial.ر.ق QR: rial Qatari riyal ៛ CR: riel Cambodian riel: U+17DB ៛ KHMER ...
Paisa = 1 ⁄ 100 of an Indian rupee (only 50 paisa coins are de facto valid but no longer in circulation) Paisa = 1 ⁄ 100 of a Nepalese rupee (no longer in circulation) Baisa = 1 ⁄ 1000 of an Omani rial; Paisa = 1 ⁄ 100 of a Pakistani rupee (Officially demonetized from 1 October 2014) [6]
On 7 May 1970, the Sultanate of Oman replaced the Gulf rupee with the Omani rial unit that was created at par with the pound sterling, so ending the existence of the Gulf rupee. Two years later, after the pound sterling was allowed to float on 23 June 1972, the Omani rial began to diverge from its sterling parity.
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