GBP to OMR sits at 0.5048, down 2.2% from its 3-month avg of 0.5161. Analysts note a lack of clear GBP direction before the BoE meeting, while oil price volatility may pressure OMR. Businesses should stay alert to these factors for better currency strategies

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What is the best Send Money conversion rate for GBP to OMR?

The best GBP to OMR exchange rate is 0.5008 from XE. This is -0.6% compared to the mid-market rate 0.5038.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Omani rial (OMR) rates from different sources before making a conversion.

The above Sterling to Rial comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest GBP-OMR mid-rate and the possible savings of using various providers. 

How do GBP-OMR rates compare between providers?

Looking at the full GBP to OMR - Send Money comparison table the provider with the best GBP to OMR exchange rate is XE at 0.5008, -0.6% from the latest mid-market rate 0.5038.

The next best is Wise at 0.4998, -0.79% from the mid-rate.

Then Western Union at 0.4963, which is -1.5% from the mid-rate.

Among the banks the Lloyds Bank rate is 0.4835 at -4% the Royal Bank of Scotland rate is 0.4865 at -3.4% and the Barclays Bank rate is 0.4801 at -4.7% compared to the mid-rate 0.5038.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.