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History of Oman Rial

Until 1940, the Indian rupee and the Maria Theresa thaler (known locally as the rial) were the main currencies circulating in Muscat and Oman, as the state was then known, with Indian rupees circulating on the coast and thaler in the interior. Maria Theresa thaler were valued at 230 paisa, with 64 paisa = 1 rupee.[4]

The Indian rupee and, from 1959, the Gulf rupee continued to circulate. On 6 June 1966, India devalued the Gulf rupee against the Indian rupee. Following the devaluation, several of the states still using the Gulf rupee adopted their own currencies. Oman continued to use the Gulf rupee until 1970, with the government backing the currency at its old peg to the pound, when it adopted the rial Saidi.

About Oman Rial

After 30 July 2019, all banknotes of omani rial issued before 1 November 1995 became invalid, as well as the 5 to 50 rial banknotes issued on that date without foil strips. The 5 to 50 rial banknotes of the 1995 series with foil strips, released into circulation from 2000, remain valid.

As of 2020, banknotes in circulation are mainly the series of 5 to 50 rial, the 2015 1-rial note, and the 1995 series and ​1⁄2 rial and we offer both national and international deliveries

The 1995 200-baisa note, the 1995 and 2005 1-rial notes, and the 2000 release of 5-50 rial notes are still accepted but not commonly seen. Coins in circulation are mainly 25 and 50 baisa, with 5 and 10 baisa used in shops whose pricing requires them. we offer both national and international deliveries

omani rial Banknotes

On 7 May 1970, the Sultanate of Muscat and Oman issued banknotes in denominations of 100 baisa, ​1⁄4, ​1⁄2, 1, 5 and 10 rial saidi.

From 1977, the Central Bank of Oman has issued notes, with 20 and 50 rial notes introduced that, followed by 200 baisa notes in 1985.

A new series of notes was issued on 1 November 1995 and the 5-rial notes and higher were updated in 2000 with foil strips.

In 2010, new 5, 10, 20 and 50-rial notes were issued on the occasion of the 40th National Day. The 20-rial note is blue instead of green while the other notes are the same colour as previously. we offer both national and international deliveries