Convert Omani Rial to Iraqi Dinar
Please provide values below to convert Omani Rial [OMR] to Iraqi Dinar [IQD], or Convert Iraqi Dinar to Omani Rial.
How to Convert Omani Rial to Iraqi Dinar
1 OMR = 0.000293589307576681 IQD
Example: convert 15 OMR to IQD:
15 OMR = 15 × 0.000293589307576681 IQD = 0.00440383961365022 IQD
Omani Rial to Iraqi Dinar 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.
Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.