Pound Sterling to Omani Rial — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.Read More

Country of Circulation: Oman

Currency Code, Symbol: OMR, R.O.

Denominations of coins in circulation: 5, 10, 25, 50 baisa

Denominations of banknotes in circulation: 100 baisa, ​1⁄2, 1, 5, 10, 20, 50 rials

History: The Omani rial (ر.ع.) is a currency used on the territory of the Sultanate of Oman.For simplification and internationalization purposes, it is called OMR on the financial market. The currency can be subdivided into baisa. Every OMR has 100 baisa. The currency has been issued since 1974. It has replaced the outdated rial Saidi. The Omani rial is unique in its bright design, representing the identity of the country. The averse has leaders of the sultanate of different periods. The obverse has key objects of infrastructure, natural and architectural monuments.Read More