The Omani Rial is the official currency of Oman. It is denoted by the symbol "﷼" and is subdivided into 1000 baisa. The Omani Rial is issued and regulated by the Central Bank of Oman.

One notable aspect of the Omani Rial is its stability. The currency has been pegged to the United States Dollar since 1986, with an exchange rate of 1 Omani Rial equal to 2.60 USD. This pegging has helped to maintain a consistent and reliable value for the Omani Rial, which has contributed to Oman's economic stability.

The Omani Rial is widely accepted in Oman for both cash transactions and electronic payments. It is available in various denominations, including banknotes of 1, 5, 10, 20, and 50 rials, as well as coins of 5, 10, 25, and 50 baisa.

As a formal currency, the Omani Rial plays a crucial role in Oman's economy. It facilitates domestic and international trade, investment, and financial transactions. Its stability and wide acceptance make it a reliable medium of exchange for individuals, businesses, and government entities.

The Omani Rial represents the strength and stability of Oman's economy and serves as an essential tool for conducting financial activities within the country.

Below is the related paper currencies in Omani Rial.

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