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50 Rials
| Issuer | Central Bank of Oman |
|---|---|
| Year | 1996 |
| Type | Standard circulation banknote |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Protection type | Watermark |
| Protection description | Portrait watermark of Sultan Qaboos bin Sa'id |
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| Comments |
The 50 Rial note sits at the very top of Oman's circulating denomination range — a high-value instrument in a country where the rial has maintained one of the strongest fixed exchange rates in the world, pegged to the US dollar at a rate set in 1986 and unchanged since. At roughly $130 USD per rial, a single note of this denomination represented serious purchasing power in 1996, which is why these saw comparatively light handling and tend to survive in above-average condition.
Thomas De La Rue's involvement with Omani currency dates back to the earliest issues of the Sultanate's modern monetary system in the early 1970s, following the 1970 coup that brought Sultan Qaboos to power and initiated the country's rapid institutional modernization.