Currency Of Oman

Coins

In the 1890s coins of several denominations were minted for use in Muscat and Oman. In 1940, coins were minted in baisa denomination for use in Dhofar. In 1948, rial coins in the denomination of 0.5 were added to the biasa coins. In 1946, biasa coins in the denominations of 2, 5, and 20 were introduced in Oman, followed by rial coins in 1960. In 1970, common coins for both Muscat and Oman were introduced in biasa denominations ranging from 2 to 100 biasa. In 1975, new coins bearing the country’s name were issued. Currently, the coins in circulation include 5, 10, 25, 50, and 100 biasa.

 

Banknotes

Oman and Muscat issued the first banknotes in 1970 in biasa and rial Saidi denominations. In 1972, the Oman Currency Board issued 100 biasa and Omani rial coins in the denominations of ¼, ½, 1, 5, and 10. From 1977, the Central Bank of Oman has had the sole responsibility of issuing notes. Currently, the notes in circulation are in the denominations ranging from 100 biasa to 50 rials.

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Source: worldatlas.com

 

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