7.10.2016

Where to Change Omani Rial to Philippine Peso

By Nora

Here are some money changers that change Omani Rial to Peso, based on their Facebook accounts or their websites.

Nagpapalit sila ng Omani Rial,  but they DO NOT change 100 Baisa.

Ans Money Changer
Ramon Magsaysay Commercial Center
Dr. J Quintos, Malate, Manila

Naila's Money Changer
1741 A. Mabini Street, Block 699
Zone 76, Malate, Manila
Phone: (02) 525 2307

Azmee Money Changer
2600 Taft Ave corner Vito Cruz St.,
Brgy. 729, Malate, Manila
Phone: 586 7621

Lenivee's Money Changer
399 Alabang-Zapote Road, Aguilar Compound, Talon 1,
Las Piñas
Phone:  800 8404

Why Is There Only a Few Money Changers Changing Omani Rial?
The volume of Omani rials circulating in the Philippines might not be big enough for it to be profitable for money changers to deal with Omani rials.

Maybe because there are not many OFWs sending Omani rials to the Philippines.  Maybe most of OFWs in Oman are converting their Omani rials in Oman before sending them to the Philippines. Maybe many of them bring home US dollars instead of Omani rials.

Based on BSP data on OFW remittances from January to April 2016, Oman was 4th among Middle East countries in total amount of OFW remittances tracked:

Saudi Arabia    $890.29 M
UAE                 $637.80 M
Qatar                $307.17 M
Kuwait             $300.61 M
Oman               $152.49 M


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