OMR to INR Exchange Rate Today
Omani Rial to Indian Rupee conversion for Indian expats in Oman. Our OMR/INR calculator updates every 30 minutes for maximum value when sending remittances from Muscat to India with one of the world's strongest currencies.
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Frequently Asked Questions
What is the Omani Rial to Indian Rupee exchange rate today?
The OMR to INR exchange rate typically ranges between ₹215-220 per 1 OMR. The Omani Rial is one of the world's strongest currencies (third highest after Kuwaiti Dinar and Bahraini Dinar). Since OMR is pegged to USD at approximately 1 OMR = 2.6 USD (0.385 OMR = 1 USD), OMR/INR movements closely follow USD/INR trends multiplied by the peg rate. Check our live converter for today's exact rate.
Which is the best way to send money from Oman to India?
Indian workers in Muscat, Salalah, and Oman have multiple remittance options: Oman Exchange houses (Al Ansari, UAE Exchange, Lulu Exchange, Wall Street Exchange) offer competitive OMR to INR rates, commercial banks (Bank Muscat, HSBC Oman, National Bank of Oman) provide secure transfers with moderate fees, Western Union and MoneyGram enable fast remittances, and Xpress Money specializes in Oman-India corridor. Exchange houses often beat banks on both rate and fees.
Why is the Omani Rial so valuable against Indian Rupee?
OMR is exceptionally strong (1 OMR ≈ ₹215-220) due to Oman's oil wealth and currency peg to USD. The high value reflects Oman's economic stability and oil export revenues. For Indian workers in Oman, this high rate is beneficial—their OMR salaries convert to substantial rupee amounts. The OMR has been pegged to USD since 1986, maintaining stability and making it one of the world's highest-valued currencies.
Do Oman banks give good exchange rates for INR transfers?
Oman banks (Bank Muscat, National Bank of Oman, HSBC) typically charge 1.5-2.5% above mid-market for OMR to INR conversions plus transfer fees (OMR 2-4). Exchange houses provide better value: competitive rates with 0.5-1.5% margins and lower fees (OMR 1-2). Digital platforms sometimes offer even better rates. For Indian expats sending regular remittances, exchange houses or specialized services often deliver more rupees per rial than traditional banks.
When should I convert Omani Rials to Indian Rupees?
Monitor US Federal Reserve decisions (affects OMR via USD peg), India's RBI monetary policy, rupee volatility, and inflation reports. Since OMR tracks USD movements, timing depends largely on INR strength or weakness. When rupee depreciates (weakens), you receive more rupees per rial. For monthly family support, consistent transfers work well. For large transfers (property purchases, weddings in India), watch for rupee weakness periods to maximize INR value.