Convert Omani Rial to Mozambican Metical
Please provide values below to convert Omani Rial [OMR] to Mozambican Metical [MZN], or Convert Mozambican Metical to Omani Rial.
How to Convert Omani Rial to Mozambican Metical
1 OMR = 0.00604347846588382 MZN
Example: convert 15 OMR to MZN:
15 OMR = 15 × 0.00604347846588382 MZN = 0.0906521769882573 MZN
Omani Rial to Mozambican Metical 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.
Mozambican Metical
The Mozambican Metical (MZN) is the official currency of Mozambique, used for all monetary transactions within the country.
History/Origin
The Metical was introduced in 1980, replacing the Mozambique Escudo, to stabilize the economy and modernize the monetary system. It has undergone several redenominations and reforms since its inception.
Current Use
The Metical is actively used as Mozambique's primary currency for everyday transactions, banking, and trade. It is issued and regulated by the Bank of Mozambique.