Convert Omani Rial to Moroccan Dirham
Please provide values below to convert Omani Rial [OMR] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Omani Rial.
How to Convert Omani Rial to Moroccan Dirham
1 OMR = 0.0426828591410144 MAD
Example: convert 15 OMR to MAD:
15 OMR = 15 × 0.0426828591410144 MAD = 0.640242887115216 MAD
Omani Rial to Moroccan Dirham 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.
Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.