Convert New Zealand Dollar to Omani Rial
Please provide values below to convert New Zealand Dollar [NZD] to Omani Rial [OMR], or Convert Omani Rial to New Zealand Dollar.
How to Convert New Zealand Dollar to Omani Rial
1 NZD = 4.3407022106632 OMR
Example: convert 15 NZD to OMR:
15 NZD = 15 × 4.3407022106632 OMR = 65.110533159948 OMR
New Zealand Dollar to Omani Rial Conversion Table
| New Zealand Dollar | Omani Rial |
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.