Since the last change in parity in 1986, the fixed peg has remained unchanged at USD 2.6008 per RO. Depending on the day to day movements in the exchange rate of the US Dollar in relation to the currencies of other countries, the exchange rates of the RO also changes accordingly.
The fixed peg and the associated stability of the exchange rate has contributed significantly to the congenial atmosphere for promoting trade, investment and growth in Oman. The monetary discipline embodies in the peg has also caused orderly monetary conditions in the system.