Convert Omani Rial to Israeli New Sheqel
Please provide values below to convert Omani Rial [OMR] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Omani Rial.
How to Convert Omani Rial to Israeli New Sheqel
1 OMR = 0.114947683109118 ILS
Example: convert 15 OMR to ILS:
15 OMR = 15 × 0.114947683109118 ILS = 1.72421524663677 ILS
Omani Rial to Israeli New Sheqel 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.
Israeli New Sheqel
The Israeli New Sheqel (ILS) is the official currency of Israel, used for everyday transactions and economic activities within the country.
History/Origin
The Israeli New Sheqel was introduced in 1985, replacing the old Sheqel at a rate of 1,000 old Sheqels to 1 New Sheqel, as part of economic reforms to stabilize the Israeli economy.
Current Use
Today, the ILS is widely used in Israel for all financial transactions, including banking, commerce, and government operations, and is also accepted in some Palestinian territories.