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 DZD0.00289413848 OMR
2 DZD0.00578827696 OMR
3 DZD0.00868241543 OMR
4 DZD0.01157655391 OMR
5 DZD0.01447069239 OMR
6 DZD0.01736483087 OMR
7 DZD0.02025896935 OMR
8 DZD0.02315310782 OMR
9 DZD0.0260472463 OMR
10 DZD0.02894138478 OMR
100 DZD0.2894138478 OMR
200 DZD0.57882769559 OMR
300 DZD0.86824154339 OMR
400 DZD1.15765539118 OMR
500 DZD1.44706923898 OMR
600 DZD1.73648308678 OMR
700 DZD2.02589693457 OMR
800 DZD2.31531078237 OMR
900 DZD2.60472463016 OMR
1 000 DZD2.89413847796 OMR
2 000 DZD5.78827695592 OMR
5 000 DZD14.4706923898 OMR
10 000 DZD28.94138477959 OMR
20 000 DZD57.88276955918 OMR
50 000 DZD144.70692389796 OMR
100 000 DZD289.41384779592 OMR
Last updated May 20, 2025 at 03:55 PM