Currency of Oman

Currency of Oman

Oman is one of the most hospitable and authentic destinations in the Middle East, where centuries-old traditions blend seamlessly with modern luxury. From charming souks and historic forts to vast deserts and impressive wadis, the country offers a unique travel experience.

The official currency of Oman is the Omani rial (OMR), also written as Riyaal Omani (RO). This currency is known for its stability and is used for all everyday payments, by both locals and tourists. One Omani rial is divided into 1,000 baisa (bz). This makes it one of the currencies with the finest denominations in the world. Credit card payments are accepted in many places, though cash remains convenient for smaller purchases, local markets, and remote areas.

Currency in Oman

In Oman, the following currency, banknotes, and coins are used:

Banknotes (rial):

  • ½ rial
  • 1 rial
  • 5 rials
  • 10 rials
  • 20 rials
  • 50 rials

Coins (baisa):

  • 5 points
  • 10 points
  • 25 baisa
  • 50 baisa
  • 100 baht

Coins are rarely used in practice, as amounts are often rounded off. The banknotes feature important cultural symbols and images of the sultan.

Exchange rate for the Omani rial

The exchange rate of the Omani rial is relatively stable. On average:

  • 1 euro ≈ 0.40 OMR

The value of the Omani rial is pegged to the U.S. dollar. Between 1973 and 1986, a fixed exchange rate of 1 rial = 2.895 U.S. dollars was in effect. Since 1986, the Central Bank of Oman has maintained an adjusted fixed rate of 1 rial = 2.6008 U.S. dollars. This peg has been maintained to this day.

For the most up-to-date exchange rates, you can use apps such as XE Currency or websites such as OANDA.

Withdrawing Money and ATMs in Oman

ATMs are widely available in Oman, especially in cities such as Muscat and at airports. You can withdraw cash in many places in Oman using a Dutch bank card. However, withdrawal limits vary by bank and ATM: some have a limit of 250 OMR per day, while others allow up to 700 OMR. In addition, the daily limit on your own Dutch bank card also applies, which is often around €500 per day for withdrawals abroad.

Important for Dutch and Belgian travelers:

Debit cards with a Maestro or Cirrus logo are often set to "Europe" by default. Before you leave, temporarily switch your card to "World" so you can withdraw cash in Oman.

Paying by credit card in Oman

Credit cards are widely accepted in Oman, particularly at:

  • Luxury hotels
  • Restaurants
  • Shopping centers
  • Tourist souks

The most widely accepted cards are:

  • Visas
  • MasterCard
  • American Express

In remote areas, cash is often necessary.

Exchanging money in Oman

You can easily exchange currency at:

  • Banks
  • Currency exchange offices
  • Some hotels

For the best exchange rate and security, it is recommended that you exchange currency only at official institutions. This also reduces the risk of receiving counterfeit money.

Practical tips for paying in Oman

  • Always carry a small amount of cash for taxis, small purchases, and tipping during your tour of Oman. Tipping in Oman is not mandatory, but it is appreciated. We recommend giving a small tip if you are satisfied with the service you received. It is also customary to leave a tip of about 10–15% at a restaurant if you are satisfied. However, some restaurants automatically add the tip to the bill, in which case it is not necessary to leave an additional tip.
  • Oman is known for its relatively stable prices. However, it is customary to haggle over prices at markets and souks, so don’t hesitate to put your bargaining skills to the test
  • It is best to use ATMs to get a favorable exchange rate
  • Credit cards are convenient, but they aren't accepted everywhere
  • Check your bank settings in advance (Global Coverage)
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