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 DZD0.00287786792 OMR
2 DZD0.00575573584 OMR
3 DZD0.00863360376 OMR
4 DZD0.01151147168 OMR
5 DZD0.0143893396 OMR
6 DZD0.01726720752 OMR
7 DZD0.02014507544 OMR
8 DZD0.02302294336 OMR
9 DZD0.02590081128 OMR
10 DZD0.0287786792 OMR
100 DZD0.28778679199 OMR
200 DZD0.57557358398 OMR
300 DZD0.86336037596 OMR
400 DZD1.15114716795 OMR
500 DZD1.43893395994 OMR
600 DZD1.72672075193 OMR
700 DZD2.01450754392 OMR
800 DZD2.30229433591 OMR
900 DZD2.59008112789 OMR
1 000 DZD2.87786791988 OMR
2 000 DZD5.75573583977 OMR
5 000 DZD14.38933959942 OMR
10 000 DZD28.77867919883 OMR
20 000 DZD57.55735839766 OMR
50 000 DZD143.89339599415 OMR
100 000 DZD287.7867919883 OMR
Last updated March 14, 2025 at 11:55 PM