The Omani rial is the currency of Oman and is abbreviated as OMR. It is one of the strongest currencies in the world and is valued at 2.6 USD. The Omani rial is a legal tender in Oman and is used widely for transactions. Some synonyms for Omani rial include Omani currency, rial Oman, and the Omani dollar. The Omani rial is divided into 1000 baisa, and there are coins and banknotes in circulation. The Central Bank of Oman regulates the currency's supply and maintains its stability. The Omani rial's exchange rate is closely monitored by investors and traders worldwide due to its economic significance.