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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.
In 2003, Turkey passed a law that allowed for the removal of six zeroes from the currency, and the creation of the new lira. It was introduced in 2005, replacing the previous lira. The word 'new' will be removed on January 1, 2009.
1 OMR = 4.5894 TRY
Omani RialTurkish New Lira
