The image of His Majesty Sultan Qaboos bin Said on Omani banknotes symbolizes national unity under his leadership. The reverse side of the notes highlights Omani heritage and the economic and social development achieved during his reign.
Under the Banking Law, the Central Bank of Oman (CBO) is the sole authority to issue, hold, or recall currency in Oman. The national currency, the Rial Omani, is subdivided into 1,000 baisas. The denomination, form, and design of currency notes and coins are determined with the approval of CBO's Board of Governors CBO is responsible for printing, minting, and numbering sufficient currency denominations to meet the Sultanate's needs, ensuring protection against counterfeiting and forgery. It is also authorized to refund the value of mutilated, tampered, or imperfect currency notes or coins.
On special occasions, CBO issues commemorative coins and special coin sets with unique weights, compositions, and denominations, subject to the approval of the Board of Governors.
CBO publishes the aggregate value of currency in circulation and any special issues in the Official Gazette on a monthly basis. The acceptance of Omani currency, both locally and internationally,
relies on public confidence in its stability. One of CBO's key roles is to ensure that the Omani Rial maintains its stable value and security in domestic and international foreign exchange markets.
The following currency denominations are in circulation now:
Banknotes:
50 Rial, 20 Rial, 10 Rial, 5 Rial, 1 Rial, 500 Baisa, 100 Baisa.
Coins:
500 Baisa, 100 Baisa, 50 Baisa, 25 Baisa, 10 Baisa, and 5 Baisa