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The rial Omani replaced the rial Saidi at par in 1973. The currency name was altered due to the regime change in 1970 and the subsequent change of the country's name. It is pegged to the US dollar at 1 Rail = 2.6008 US dollars.
The sheqel has been a freely convertible currency since January 1, 2003. The currency is not produced in Israel, as the country has no mint. Instead banknotes are imported by air and coins by sea.
1 OMR = 9.6593 ILS
Omani RialIsraeli Sheqel
