Oman Currency Exchange Rates Today

The Omani Riyal (OMR) is pegged to the US Dollar at 0.385 per USD (1 OMR ≈ 2.597 USD), maintained by the Central Bank of Oman since 1986. Oman's expatriate population of approximately 1.5 million — around 38% of the total population — generates remittance flows primarily to India, Bangladesh, Philippines, Pakistan, and Egypt.

The Indian community is the largest single expatriate group in Oman, with many working in construction, retail, and hospitality. The INR/OMR rate is widely followed, with exchange houses in Muscat's Ruwi district and Al Khuwair competing for the remittance corridor. Exchange houses must be licensed by the Central Bank of Oman.

Frequently Asked Questions

Yes. OMR is fixed at 0.385 per USD (1 OMR ≈ 2.597 USD), maintained by the Central Bank of Oman since 1986. OMR/USD never fluctuates; other currency rates (INR, EUR, GBP) change daily against the OMR.

Oman Arab Bank Exchange, National Finance Exchange, Western Union, and MoneyGram are widely used. For INR remittances, exchange houses in Ruwi (Muscat's business district) offer competitive rates. Compare before sending for best value.

Yes. Expatriates with valid residency cards can freely send money from Oman. Exchange houses licensed by the Central Bank of Oman handle international transfers. No annual limits apply to standard expat remittances.

OMR/INR fluctuates daily as INR is a floating currency. With 1 OMR ≈ 216 INR, even a 1 baisa movement in the rate represents ~0.22 INR per unit. Check our live currency table for today's exchange and remittance rates from Oman.

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Oman Currency Exchange Rates Today

Frequently Asked Questions