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To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
OMR to EUR Market Data
Omani rial (OMR) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell OMR →
Buy EUR
1 OMR = 2.2134 EUR
1d0.0%⬦
OMR to EUR at 2.2078 is 1.2% below its 3-month average of 2.2346, having traded in a very stable 2.8% range from 2.2060 to 2.2671
Is the OMR to EUR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Omani rial against the Euro is to review how the OMR/EUR rate has changed over time.
The table below shows the percentage change in the OMR to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Recent forecasts and updates concerning the EUR to OMR exchange rate indicate a cautious outlook for the euro (EUR) as various economic and geopolitical...
Recent forecasts concerning the USD to EUR exchange rate indicate a bearish outlook for the US dollar (USD) while the euro (EUR) experiences limited strength.
Current market bias: Slightly bullish for EUR to OMR.
Key drivers:
- Interest rate differential favors the euro as the ECB holds rates steady to manage inflation.
- Growth forecasts for the eurozone are looking positive, supporting the euro’s strength.
- Geopolitical tensions, especially related to Ukraine, pose a concern that may dampen confidence in the euro.
Near-term range: The EUR to OMR rate may remain stable but could slightly fluctuate based on evolving market conditions.
What could change it: An upside risk could come from a boost in consumer confidence in Germany, enhancing the euro's attractiveness. A downside risk exists from ongoing geopolitical uncertainties that may affect investor confidence.
Recent trading showed the EUR at 0.4529, slightly above the 3-month average, indicating a stable trend in the near future
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OMR to EUR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Omani rial are worth in Euro across a range of amounts.
This gives a quick view of what you’d get when converting different OMR amounts at today’s rate * :
What is the
best Send Money conversion rate for OMR to EUR?
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Omani rial (OMR) to Euro (EUR) rates from different sources before making a conversion.
The above
Rial to Euro 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 OMR-EUR mid-rate and the possible savings of using various providers.
How do OMR-EUR rates compare between providers?
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.