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INR to OMR: Indian Rupee to Omani Rial

Live INR to OMR exchange rate today - 1 INR equals 0.0041 OMR, with an instant two-way converter for Indian Rupee to Omani Rial.

Today's INR to OMR Exchange Rate

1 INR = 0.004060 OMR

1 OMR = 246.3054 INR

Updated: September 3, 2026 ยท Source: Frankfurter API (blended central bank reference rates)

Currency Converter

1.00 Indian Rupee =

0.0041 Omani Rial

Last updated: September 3, 2026

This INR to OMR rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.

Use the calculator above to convert any amount both ways: enter a value in either the INR box or the Omani Rial (OMR) box to see the live conversion instantly.

Related Data

What is INR (Indian Rupee)?

A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.

Key Facts

  • ISO code: INR
  • Symbol: โ‚น
  • Subunit: 100 paise = 1 rupee
  • Issued by: Reserve Bank of India (RBI)

What is OMR (Omani Rial)?

Pegged to the US Dollar at a fixed 0.3845 OMR = 1 USD since 1986.

Key Facts

  • ISO code: OMR
  • Symbol: ๏ทผ
  • Subunit: 1,000 baisa = 1 rial
  • Issued by: Central Bank of Oman

Why Does the INR/OMR Exchange Rate Change?

The INR/OMR rate moves every trading day, driven mainly by:

  • The USD peg itself - OMR has been fixed at 0.3845 OMR = 1 USD since 1986, so INR/OMR moves almost in lockstep with INR/USD, scaled by that ratio.
  • Everything that moves INR/USD (Fed policy, crude oil prices, FII flows, India's trade deficit, RBI intervention) therefore also moves INR/OMR.
  • Oman's oil export revenue, which underpins the Central Bank of Oman's ability to defend the peg.
  • India-Oman trade and remittances - Oman hosts a sizeable Indian expatriate community.
  • Oman's economic diversification efforts away from oil, which don't affect the peg itself but shape the broader trade relationship over time.
  • RBI intervention and rupee-side factors - since the peg holds, essentially all of this pair's real movement traces back to the rupee side.

Frequently Asked Questions

Is the Omani Rial pegged to the US Dollar?

Yes. Oman has pegged the rial at a fixed 0.3845 OMR = 1 USD since 1986. Because of that, INR/OMR moves almost entirely in step with INR/USD - the INR to USD page covers most of what actually drives this rate.

Why is 1 Omani Rial worth more than 1 US Dollar?

The Omani rial is simply denominated in smaller units relative to its value than the dollar is - much like the Kuwaiti or Bahraini dinar - which is a historical currency-design choice, not a sign of Oman's economy being larger or stronger than the US economy.

Is this the bank rate or forex rate?

It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.

How often is the rate updated?

Once a day, refreshed at 7:00 AM IST from the Frankfurter API.

Where do these rates come from?

Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.

Can I use this rate for an actual currency conversion?

Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.

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