Convert Omani Rial to Malaysian Ringgit
Please provide values below to convert Omani Rial [OMR] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Omani Rial.
How to Convert Omani Rial to Malaysian Ringgit
1 OMR = 0.0908682705487546 MYR
Example: convert 15 OMR to MYR:
15 OMR = 15 × 0.0908682705487546 MYR = 1.36302405823132 MYR
Omani Rial to Malaysian Ringgit Conversion Table
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Omani Rial
The Omani Rial (OMR) is the official currency of Oman, used for all monetary transactions within the country.
History/Origin
The Omani Rial was introduced in 1970, replacing the Gulf rupee at par, and has since been the standard currency of Oman, with its value stabilized through pegging to the US dollar.
Current Use
The Omani Rial is widely used in Oman for everyday transactions, banking, and trade, and is subdivided into 1000 baisa.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.