سلطنة عُمان
(Sultanate of Oman)
البنك المركزي العماني
(Central Bank of Oman, Est 1974)
Currency : Rial (OMR)
This is a reprint of the 50 rials Hybrid note first issued in 2020. This note was initially issued as a commemorative note for the celebration of the 50th Anniversary of the rise of the Modern Omani Renaissance, and also in memory of its founder, the late Sultan Qaboos bin Said bin Taimur (b.1940-2020). Sultan Qaboos ruled Oman between 1970 to 2020. Please click here to view my previous post on this note. Like the first print, this is also a Hybrid note.
As this is a reprint of the 2020 issue, the design is still the same except for the signature of the current Sultan. The previous 50-rial was printed with the previous Sultan, Qaboos bin Said, who died on 10.01.2020.
This is the highest denomination of banknotes currently issued and circulating in Oman. In terms of buying power, the Omani rial is the third strongest currency in the world, after the Kuwaiti dinar and Bahraini dinar. Coincidentally, the top four currencies of the world all came from the Middle East. To me, this is a high value note to collect. If you like large size banknotes, then you should not miss this one!
Signature - Sultan Haitham bin Tarik
Date - 2020 (released 2024)
Watermark - HM Sultan Qaboos and ٥٠ (50)
Dimensions - 174mm x 77mm
Front - A portrait of the late Sultan Qaboos bin Said (b.1940-2020). In the center is the main headquarters of the Central Bank of Oman, located in the capital city of Oman, Muscat. The central bank was established in late 1974 and commenced operations on 01.04.1975. The Central Bank of Oman replaced Oman Currency Board as the principal currency authority in Oman. The head of the central bank is Taimur bin Asa'ad.
Back - The Council of Oman (parliament/legislature), the Supreme Court (judiciary) and the Ministry of Finance (economy). These are the three main pillars of a nation.