Convert Omani Rial to Israeli New Shekel
Convert Omani Rial (OMR) to Israeli New Shekel (ILS) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
About Omani Rial
The Omani Rial (OMR) is the official currency of the Sultanate of Oman and one of the highest-valued currencies in the world by exchange rate. Introduced in 1973 to replace the Saidi rial, it has been pegged to the US Dollar at 0.3845 OMR per USD since 1986. This peg has remained stable even during periods of lower oil prices, supported by government reserves. The Central Bank of Oman manages the peg. Oman is a major oil and natural gas producer on the Arabian Peninsula, though it is also investing in diversification through tourism, logistics, and manufacturing.
About Israeli New Shekel
The Israeli New Shekel (ILS) has been the official currency of Israel since 1986, replacing the old shekel at a rate of 1,000 to 1. The shekel is one of the oldest monetary units in human history, mentioned throughout the Hebrew Bible as a weight of silver. The Bank of Israel manages monetary policy with a free-floating exchange rate. Israel has a highly developed, technology-driven economy - often called the "Start-Up Nation" - with significant exports of software, semiconductors, pharmaceuticals, and diamond cutting and polishing. The new shekel is divided into 100 agorot.
Quick Reference Table
| Omani Rial (OMR) | Israeli New Shekel (ILS) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).