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The Omani riyal (OMR) is the official currency of Oman, and converting it to the Philippine peso (PHP) can be a useful skill for travelers and businesspeople alike. The exchange rate between OMR and PHP can fluctuate depending on various market and economic factors.
In general, 1 Omani riyal is equivalent to around 35-40 Philippine pesos. However, it's always a good idea to check the current exchange rate before making any transactions.
Travelers to Oman often use OMR to pay for accommodations, food, and souvenirs, while businesspeople may use the currency to make transactions with Omani companies.
Currency Conversion
Currency conversion is a crucial aspect of international transactions, and understanding the current exchange rates is essential for making informed decisions.
The current exchange rate for Omani Rial (OMR) to Philippine Peso (PHP) is 152.48 PHP per OMR, as of January 14, 2025 20:57.
To give you a better idea, here's a conversion table for different amounts of OMR to PHP:
You can also convert the other way around, from PHP to OMR, using the conversion rate of 6.5583 OMR per 1,000 PHP.
For example, if you want to know how much 100 OMR is in PHP, the answer is 15,248 PHP, as of January 14, 2025 08:55 PM UTC.
Currency Charts
The currency charts for Omani Riyal to Philippine Peso are a useful tool for anyone looking to make conversions.
You can view the charts for different conversion amounts, including 1, 10, 50, 100, 500, and 1000 Omani Riyals. The corresponding Philippine Pesos values are 152.47, 1524.72, 7623.6, 15247.2, 76236, and 152471.99, respectively.
For larger conversion amounts, you can also view the charts for 2500, 5000, 7500, 10000, 50000, and 100000 Omani Riyals. The corresponding Philippine Pesos values are 381179.99, 762359.97, 1143539.96, 1524719.94, 7623599.71, and 15247199.42.
If you're looking to compare the Omani Riyal to other currencies, you can also view the charts for the following currencies: Argentine Peso, Australian Dollar, Bangladesh Taka, and many others.
Here's a list of some of the currencies you can view the charts for:
- Argentine Peso
- Australian Dollar
- Bangladesh Taka
- Brazilian Real
- Bahamian Dollar
- Canadian Dollar
- Chilean Peso
- Colombian Peso
- Costa Rica Colon
- Jamaican Dollar
- Mexican Peso
- Peruvian Nuevo Sol
- Trinidad Tobago Dollar
- US Dollar
- Venezuelan bolivar
- East Caribbean Dollar
- United Arab Emirates Dirham
- Bahraini Dinar
- Egyptian Pound
- Hong Kong Dollar
- Israeli Sheqel
- Kuwaiti Dinar
- Lebanese Pound
- Mongolian Tugrik
- Qatari Riyal
- Saudi Riyal
- Yemen Riyal
- Ethiopian Birr
- Kenyan Shilling
- Moroccan Dirham
- Mauritius Rupee
- Namibian Dollar
- Nigerian Naira
- Rwanda Franc
- Central African CFA franc
- West African CFA franc
- South African Rand
Currency Comparison and Analysis
The Omani Rial is currently stronger than the Philippine Peso, as 1 OMR is equal to 152.48 PHP. This means that if you're traveling to the Philippines, you'll get more Pesos for your Omani Rials.
Economic indicators, such as GDP growth, inflation, and interest rates, can impact the exchange rate. Central bank decisions, like interest rate changes, can also affect the exchange rate.
If you want to convert Omani Rials to Philippine Pesos, you can simply use a currency converter tool, and you'll see the value of the converted currency according to the most recent exchange rate.
Here's a quick comparison of the two currencies:
What Affects
Economic indicators like GDP growth, inflation, and interest rates can significantly impact the exchange rate.
These indicators have a direct influence on a country's economy, and as a result, its currency. For instance, a country with a high GDP growth rate may see its currency appreciate in value.
Geopolitical events, such as elections and trade agreements, can also affect the exchange rate.
These events can create uncertainty and volatility in the foreign exchange market, leading to fluctuations in the exchange rate.
Central bank decisions, such as interest rate changes, can have a notable impact on the exchange rate.
A change in interest rates can attract or deter foreign investors, thereby influencing the value of a currency.
A fresh viewpoint: How Are Spot Exchange Rates Determined
Comparing the Peso
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The Omani Rial is currently stronger than the Philippine Peso, as 1 OMR is equal to 152.48 PHP.
The exchange rate between the two currencies can vary greatly. For example, 100 Omani Rials is equivalent to 15,248 Philippine Pesos as of January 14, 2025.
You can see the exchange rate in action with specific amounts. For instance, 1,000 PHP is equivalent to 6.5583 OMR, while 100,000 PHP is equivalent to 655.83 OMR.
Here's a breakdown of the exchange rate for various amounts of Philippine Pesos:
As you can see, the exchange rate is not always straightforward. It's essential to check the current exchange rate before making any transactions.
Currency Exchange Information
The current exchange rate for Omani Rial to Philippine Pesos is 152.472 PHP per OMR.
You can easily convert Omani Rials to Philippine Pesos using a live currency converter.
As of January 14, 2025, at 20:57, the Omani Rial has increased by +0.83% year-to-date against the Philippine Peso.
Over the past decade, the Omani Rial has appreciated by +25.27% against the Philippine Peso.
To invert the currencies, simply swap the Omani Rial and Philippine Peso in the conversion.
You can find the most recent exchange rate and convert Omani Rials to Philippine Pesos with just a few clicks.
The Omani Rial has gained significant purchasing power compared to the Philippine Peso over the last decade.
Conversion Tools and Tips
If you're looking to convert Omani Rials to Philippine Pesos, there are several conversion tools and tips to keep in mind.
The most recent exchange rate is available on various websites and can be used to get an accurate conversion.
You can use online conversion tools to get the most up-to-date exchange rate. For example, according to the given data, 1 OMR is equivalent to 152.45929 PHP.
To get the best exchange rate, it's essential to check the current rate regularly. You can use the given data to find the conversion rate for different amounts of Omani Rials.
Here are some common conversions to keep in mind:
Keep in mind that exchange rates can fluctuate constantly, so it's crucial to check the current rate before making any transactions.
Frequently Asked Questions
How strong is Oman currency?
The Omani rial is a strong currency, with a value nearly double that of the Pound sterling, and is pegged to the US dollar at an exchange rate of approximately 0.38 Omani Rial to 1 US dollar.
How much is 1 Oman dollar in Philippine Pesos?
As of 29/12/2024, 1 Omani Rial is equivalent to approximately 150.47 Philippine Pesos. Check our live currency converter for the latest exchange rates and charts.
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