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1 Rial - Qaboos 28th National Day, Private Sector Year, Silver
| Issuer | Central Bank of Oman |
|---|---|
| Year | 1998 |
| Type | Non-circulating coin |
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|---|---|
| Obverse script | Arabic |
| Obverse lettering | سلطنة عُمان |
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| Additional information |
Issued to mark Oman's 28th National Day in 1998, this piece also commemorates the government's designation of that year as the Year of the Private Sector — a policy push by Sultan Qaboos to accelerate economic diversification away from oil revenues, which had already begun declining as a share of GDP through the 1990s. The dual-theme commemorative format was characteristic of Omani issues from this period, pairing the annual National Day release with a specific domestic economic or social initiative.
Struck to the .925 standard used across Oman's commemorative program of the era, the coin was produced in limited numbers for collectors rather than circulation.