Convert Omani Rial to Lebanese Pound
Please provide values below to convert Omani Rial [OMR] to Lebanese Pound [LBP], or Convert Lebanese Pound to Omani Rial.
How to Convert Omani Rial to Lebanese Pound
1 OMR = 4.29608938547486e-06 LBP
Example: convert 15 OMR to LBP:
15 OMR = 15 × 4.29608938547486e-06 LBP = 6.44413407821229e-05 LBP
Omani Rial to Lebanese Pound 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.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.