DZD to OMR Exchange Rate - Convert Algerian Dinar to Omani Rial

Converting from Algerian Dinar (DZD) to Omani Rial (OMR)

What is Algerian Dinar (DZD)

The Algerian Dinar (DZD) is the official currency of Algeria, a country located in North Africa. The Dinar is subdivided into 100 centimes, although centime coins are rarely used in everyday transactions. Introduced in 1964, the Dinar replaced the Algerian franc and is governed by the Bank of Algeria.

In terms of international significance, the Dinar is unique because its value fluctuates based on various factors such as government policy, economic conditions, and geopolitical stability. The exchange rate of the Algerian Dinar against other major currencies is essential for anyone considering currency exchange, whether for travel, trade, or investment. For example, as Algeria’s economy is heavily reliant on oil and gas exports, fluctuations in global oil prices can impact the DZD's value.

Furthermore, due to Algeria's capital controls, exchanging DZD for foreign currencies can be cumbersome. Prospective travelers or businesses engaging in international trade need to remain informed about the latest currency regulations and exchange rates to navigate potential challenges.

What is Omani Rial (OMR)

The Omani Rial (OMR) is the currency used in Oman, a country situated on the southeastern coast of the Arabian Peninsula. The Rial was introduced in 1972, replacing the Saudi Arabian pound at a fixed rate. It is divided into 1,000 baisa, which are coins used primarily for everyday transactions. The Omani Central Bank is responsible for issuing and regulating the currency.

The Omani Rial is noted for its high value; in fact, it is one of the strongest currencies worldwide. This strength is largely attributed to the stable political and economic environment of Oman, alongside the country's abundant oil reserves. As a result, the OMR is relatively stable against other currencies, making it an attractive option for investors.

The exchange rate for Omani Rial fluctuates based on factors such as global oil prices, regional economic trends, and local economic policies. Understanding the OMR's value in relation to other currencies, such as the DZD, is crucial for expatriates, tourists, and businesses involved in currency exchange or international trade.

Converting DZD to OMR

When converting from the Algerian Dinar (DZD) to Omani Rial (OMR), it is essential to check the current exchange rate. $1 DZD = x OMR$, where x represents the exchange rate at any given moment. Factors influencing this rate can include political stability, economic performance, and global market trends. To minimize risks associated with currency conversion, prospective converters should consider using reliable foreign exchange services or banks for more favorable rates and secure transactions.

In conclusion, understanding both the Algerian Dinar and Omani Rial is vital for individuals and organizations involved in finance, trade, or travel between these two nations.

Algerian Dinar to Omani Rial conversion table

DZD to OMR conversion table

Algerian Dinar (DZD)Omani Rial (OMR)
1 DZD0.00290529864 OMR
2 DZD0.00581059727 OMR
3 DZD0.00871589591 OMR
4 DZD0.01162119455 OMR
5 DZD0.01452649318 OMR
6 DZD0.01743179182 OMR
7 DZD0.02033709046 OMR
8 DZD0.02324238909 OMR
9 DZD0.02614768773 OMR
10 DZD0.02905298637 OMR
100 DZD0.29052986366 OMR
200 DZD0.58105972733 OMR
300 DZD0.87158959099 OMR
400 DZD1.16211945466 OMR
500 DZD1.45264931832 OMR
600 DZD1.74317918198 OMR
700 DZD2.03370904565 OMR
800 DZD2.32423890931 OMR
900 DZD2.61476877298 OMR
1 000 DZD2.90529863664 OMR
2 000 DZD5.81059727328 OMR
5 000 DZD14.5264931832 OMR
10 000 DZD29.05298636641 OMR
20 000 DZD58.10597273282 OMR
50 000 DZD145.26493183204 OMR
100 000 DZD290.52986366409 OMR
Last updated April 25, 2025 at 11:55 PM