Omani Rial in Bahamian Dollar

OMR Omani Rial

Country of application:
Oman

Coin denominations in circulation:
5, 10, 25, 50 bytes.

Denominations of banknotes in circulation:
100 bays, 0.5, 1, 5, 10, 20, 50 riyals.

History reference:
The Omani rial is the national currency of the Sultanate of Oman, which has been in circulation on the territory of the state since 1974. The currency is issued by the Central Bank of Oman. In the 19...th century, the Indian rupee and the Maria Theresa thaler were used in monetary circulation. Since 1940, minting of coins in baizes has begun, and since 1948 - in rials. Rials and coins were minted in two types - Saidi rial and Dofari rial. On May 11, 1959, the Reserve Bank and the Government of India began issuing special banknotes - Persian Gulf rupees, which were not legal tender in India, while the rial and thaler continued to be used in circulation. Since June 1966, as a result of the devaluation of the rupee of the Persian Gulf, the Maria Theresa thaler remained in circulation. On May 7, 1970, the said rial, equivalent to the pound sterling, was declared the only legal currency in Oman.

BSD Bahamian Dollar

Country of application:
Bahamas

Coin denominations in circulation:
1, 5, 10, 25 cents.

Denominations of banknotes in circulation:
1, 5, 10, 20, 50, 100 dollars.

History reference:
The Bahamian dollar has been the national currency and money of the Commonwealth of the Bahamas since 1966. It replaced the Bahamian pound when the islands were granted self-government, and later ind...ependence (although the country remained part of the British Commonwealth). The Bahamian dollar replaced the Bahamian pound, which was equal to the British pound sterling, divided into 20 shillings or 240 pence, at a ratio of 1 dollar = 7 shillings (1 dollar = 0.35 pounds) in 1966. At the same time, a transition was made to the decimal system - the Bahamian dollar began to equal 100 cents. During the transition to a new currency, three-dollar bills and coins of fifteen cents were introduced, since three dollars are approximately equal to one pound, and fifteen cents - 1 shilling, which was convenient during the transition period.