Convert Omani Rial to Macedonian Denar
Please provide values below to convert Omani Rial [OMR] to Macedonian Denar [MKD], or Convert Macedonian Denar to Omani Rial.
How to Convert Omani Rial to Macedonian Denar
1 OMR = 0.0072758856900643 MKD
Example: convert 15 OMR to MKD:
15 OMR = 15 × 0.0072758856900643 MKD = 0.109138285350965 MKD
Omani Rial to Macedonian Denar 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.
Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.