what is the omani rial 
the currency of oman the omani rial is broken into smaller units called baisa and is found in both coin and banknote form it is managed by the central bank of oman 1understanding the omani rial omr the omani rial was created during the early 1970s as a replacement to the indian rupee and maria teresa thaler 2 it was part of a modernization effort undertaken in the wake of a rebellion the currency is pegged to the u s dollar though the rate was adjusted in 1986 3