الأحد، 2 أغسطس 2009

$$$$$$$ Money in Oman $$$$$$$


It is well known that the majority of trade in the Arabian Peninsula since the time of the Prophet (r) and before that had been Palmkabdp Salp good or service, and the money used at that time was the Byzantine and Sasanian. The first currency in the Islamic world in Damascus in 77 m in the era of the Umayyad state, where a golden dinar Umayyad. History records the first Islamic Mint House in the Arabian Peninsula, Oman, was due for the year 81 AH 700 m, where he was beaten the first coins bore the name of Oman and the silver dirham in the era of the Umayyad Caliph al-Malik ibn Marwan which is important ahead of Oman in the field of coins , and the first known piece of copper with the name of Sohar is issued on behalf of 41 e and to the spirit of Ben Sahar is available. Thanks to its geographical and cultural continuity with the various peoples since ancient times has played an important trading Oman, Omani sailors had to know the ways of trade along the length of the coast of the Arabian Peninsula and the honor of Africa, India and the Far East, and through the exercise of trade-known Omani money gained many countries. The clearest evidence of the kind of old money in circulation in Oman, was discovered in the state of Snaw year 1979, where the treasure was found to contain many of the ancient Sasanian coins and the Umayyad and Abbasid Vdinin in addition to the two pieces that appeared without a history of some researchers that they struck by order of Imam Ghassan bin Abdullah (807 824 m). Centers mintage in Oman (Dhofar), as has the American Society of spare money in New York in an AED 689 e, where the rulers of Bani Rasul were in Dhofar, which has the sole authority to issue coins in Amman at the time. Historical sources indicate that the Imam Sultan bin Saif Elierbi spent 12 years in the building of the great Nizwa Fort which historians say that the cost of the Coca-Rabyat India, suggesting that the money was the main currency of India in Oman at that time, no doubt about that winning trade the export of horses, dates, gum and pearls brought to India, to oman, gold coins, silver and copper, which was Escha Delhi Sultans. Among the most famous European currencies used in Oman and the Arabian Peninsula Maria Theresa dollars locally known as the French and the riyal was a huge demand for it, to the extent that the house was beating the Austrian continue printing of the currency even after the death of Maria Teresa in 1780, while maintaining the same date engraved on the currency for a long time . Because of this large piece (Maria Theresa dollars) is not within the range of groups including the youngest, and facilitate domestic transactions, was the Indian coins (silver and copper) is traded to fill this gap in the absence of a national currency. That, in the era of Mr. Said bin Sultan, the Maria Theresa dollars and Indian currency is the currency used in Muscat and Zanzibar, and copper coins were called (that he and the gas). When Mr. Said bin Brgsh government in Zanzibar has been issued a special coin minted in Zanzibar carved out in Brussels in 1299 e, and the indefinite currency riyal (silver), which is taken from the European and Albisp (copper) and taken from the Indian system. In the era of Sultan Faisal bin Turki appeared with the first money in the name of Muscat and the 1311 e Galali a castle, and were used side by side with Maria Theresa dollars. In the year 1939 is the Sultan Bin Saeed Timor strike coins (Albisp) and carved out a national emblem, and carried the name of Dhofar, the decree of God, confident Timor Said bin Sultan of Muscat and Oman, and then half riyal Zvari appeared in 1948 in the form of currency, silver, and it national motto, then and in 1958 appeared rial Saidi, a silver coin. The first of a unified national currency in the form of securities and coins are RIYAL Saidi, began trading in the month of May in 1970 and was widely accepted in all parts of the country. Upon taking up of His Majesty Sultan Qaboos bin Said gave an audience to the new currency has played a key role in the transformation of Oman into a modern, managed his wisdom to guide the country's resources to bring about social and economic transformation and overall development in all walks of life. The first substantial contribution of money in the process of Oman is the commemoration of the first steps taken by the King, it was ordered to take the money that is Biskha in 1971 the Sultanate of Oman to reflect the name of national unity, and then changed the name of the currency unit of the Saudi riyal to the Omani rial Saidi. In July 23, 1972, which marks the second anniversary of National Day, the second edition of Oman's currency in circulation, the resolution of the Monetary Board the place of criticism of the Sultanate of Oman in Muscat in 1974 to resolve the Central Bank of Oman replaced the Monetary Council of Oman, and in 1976 the development of the third edition banknotes into circulation in the sixth anniversary of National Day 1976 In July 23, 1982 on the Renaissance of Oman Central Bank issued a paper cash in 50 SAR, and M. 1/1/1985 Central Bank issued a paper coin category baisas 200 and the paper has attracted more than one banknote quarter riyals (250 baisas), and thus became the categories of the Omani riyal is the currency of paper: 100 baisas 200 baisas 500 baisas Real (1000 baisas) 5 SR 10 SR 20 SR 50 Omani rials, but the most coins in circulation are 5 Pisat 10 baisas Pisat 25 and 50 baisas, and in the same year (ie 1985) the Central Bank of Oman has begun the replacement of the third edition of a series of new banknotes bearing the image of His Majesty Sultan Qaboos bin Said, may God preserve him, and this is the fourth version of the monetary exchange In addition to Oman is reviewed by the Central Bank to issue commemorative coins to mark the important events and national events in the march of the blessed Renaissance.

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