Convert Omani Rial to Tanzanian Shilling
Please provide values below to convert Omani Rial [OMR] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Omani Rial.
How to Convert Omani Rial to Tanzanian Shilling
1 OMR = 0.000149603839694408 TZS
Example: convert 15 OMR to TZS:
15 OMR = 15 × 0.000149603839694408 TZS = 0.00224405759541612 TZS
Omani Rial to Tanzanian Shilling Conversion Table
| Omani Rial | Tanzanian Shilling |
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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.
Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.