Sultansky rial tripled "stronger" american dollar
Another quarter of a century ago, Sultanat Oman was one of the most closed states of the world. Visit His foreigner could only with the personal permission of the then ruler of Said Ben-Timura. The cherished dream of Sultan was tightly isolating Oman from the modern world. Ben-Taimur believed that his education was allegedly harm that the music and singing spoil the morals, and to live the Omans best on the place where they were born. And therefore the internal mountain districts were forbidden to ride the coast, and seaside residents – in the mountains. There was nothing to dream about traveling abroad, and those Omons who still managed to leave their country, they were no longer allowed.
Now in the Arabian principality comes annually 50.000 foreign tourists. They (as well as oil wells) replenish the treasury of the Sultanate so effectively that in Oman long ago and did not hear about inflation.
Omansky Monetary Unit – Rial is an expensive, stable and freely convertible currency. It is allowed without restrictions to export from the country and import back. Import and export of foreign currency is also not limited. The course of Rial to the US dollar has been holding at around 0.385: 1 for several years (that is, for Rial it is necessary to give almost three dollars).
Omansky rial is divided into 1000 bays (sometimes this small coin is also called baysis). Banknotes in Oman are issued by the advantage of 100 and 200 Bais, 1, 5, 10, 20 and 50 rials. The exchange coin is minted by 5, 10, 25, 50 and 100 bays.
Foreign borrowings are not particularly interested in Omans: they are quite satisfied with their rials. By virtue of special circumstances, other monetary units are widely addressed in two points of the country.
One of them is a tiny (just a few square kilometers) Oman Anklav on the territory of the neighboring Principality of Fujairah, which is part of the United Arab Emirates.
On the Oman’s affiliation of this piece of earth resemble only road signs at the entrance and departure. In the rest of the outside, he does not differ from the nearby oasis of the UAE, and the money there also go "Emirates" – Dirham.
In the oasis, Buray Dirhama walk on a par with rials. This oasis stands on the border with the UAE and is almost a single city, only his Omanic part is called Buray, and "Emirata" – Al-Ein. Borders as such in the city no. Residents and guests by Burayi can freely move from Oman in the UAE and back.
It is as easy to flow across the border and money: and "Emiratskaya", and "Sultanatsky" Banknotes can be paid in both parts of the oasis.
The only thing that gives to feel their different state affiliation is separate telephone networks. Sometimes from one house to another, standing on the same street just a few hundred meters, and call through the international telephone station.
Exchange Foreign SLE in rials can be in Oman banks or exchange offices. The courses with which they operate are about the same, but the working day in exchange offices longer. Banks work on Saturdays on Wednesday from 8.00 to noon, and on Thursdays – up to 11.00. Exchange points are also open from 16.00 to 19.00.
In the capital of the Sultanate Muscat, in the planer market, some exchange offices per hour or other open even to the sacred for Muslims day – Friday (approximately from 16.30-17.00).
Travel checks of the main global systems to cash out in Muscat banks – not a problem. In other cities of the country, this service is relatively rare. Credit cards in Oman are also known in the main capital inhabitants.
In Muscat, most large banks are located in the Ruhing area, along the street Markaz Mutra Al-Tijari. Many exchange points are on the street of Suk Ruwie. In the area of Mutra, you can find exchange points along the street Korunica and at the entrance to the market.
By the way, in the Oman markets, or rather, in their jewelry ranks, you can still hear the name of another local monetary unit, which, however, has long come out of circulation. The weight of gold and silver jewelry in Oman is traditionally measured in "Tlach" (or "Taller").
The fact is that in the XVIII and XIX centuries, the Arabian coin was minted according to the Austrian Taller Empress Mary Terezia. Weighed this coin 11.75 grams. From here and the name of the weight of the weight, which the Oman jewelers.