Convert Omani Rial to Mexican Peso
Please provide values below to convert Omani Rial [OMR] to Mexican Peso [MXN], or Convert Mexican Peso to Omani Rial.
How to Convert Omani Rial to Mexican Peso
1 OMR = 0.0206230355821113 MXN
Example: convert 15 OMR to MXN:
15 OMR = 15 × 0.0206230355821113 MXN = 0.30934553373167 MXN
Omani Rial to Mexican Peso 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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.