Convert New Taiwan Dollar to Omani Rial
Please provide values below to convert New Taiwan Dollar [TWD] to Omani Rial [OMR], or Convert Omani Rial to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Omani Rial
1 TWD = 76.371911573472 OMR
Example: convert 15 TWD to OMR:
15 TWD = 15 × 76.371911573472 OMR = 1145.57867360208 OMR
New Taiwan Dollar to Omani Rial Conversion Table
| New Taiwan Dollar | Omani Rial |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.