Convert Omani Rial to New Taiwan Dollar
Please provide values below to convert Omani Rial [OMR] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Omani Rial.
How to Convert Omani Rial to New Taiwan Dollar
1 OMR = 0.0130938191724843 TWD
Example: convert 15 OMR to TWD:
15 OMR = 15 × 0.0130938191724843 TWD = 0.196407287587264 TWD
Omani Rial to New Taiwan Dollar 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.
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.