Convert Omani Rial to Thai Baht
Please provide values below to convert Omani Rial [OMR] to Thai Baht [THB], or Convert Thai Baht to Omani Rial.
How to Convert Omani Rial to Thai Baht
1 OMR = 0.0119363230537119 THB
Example: convert 15 OMR to THB:
15 OMR = 15 × 0.0119363230537119 THB = 0.179044845805679 THB
Omani Rial to Thai Baht 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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.