OIL
OMR
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of OIL Token(OIL) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 OIL at a value of 1 OIL for 0.00 OMR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
OMR information
About Omani Rial (OMR)
The Omani Rial (OMR), introduced in 1973, is not only Oman's official currency but also a symbol of the nation's economic strength and cultural heritage. It is commonly abbreviated as OMR and represented by the symbol ر.ع. The Rial's introduction marked Oman's transition from the Indian Rupee and the Maria Theresa Thaler, symbolizing a new era of economic self-determination and modernization under Sultan Qaboos bin Said.
Historical Background
The adoption of the Omani Rial was a key step in Oman's post-colonial journey, reflecting the nation's aspiration to forge an independent economic identity. Replacing the Gulf Rupee, the Rial represented Oman's newfound economic independence and was instrumental in aligning its economy with international standards.
Design and Symbolism
The design of the Omani Rial is a celebration of Oman’s rich history and cultural heritage. Banknotes feature images of Sultan Qaboos, traditional Omani architecture, natural landmarks, and historical sites. These designs serve not only as a medium for financial transactions but also as reminders of Oman's heritage and the modern achievements under Sultan Qaboos’s reign.
Economic Role
The Omani Rial plays a crucial role in the nation’s economy, characterized by its substantial oil and gas reserves. As the primary currency, it underpins the oil sector, which is pivotal to Oman's economy, facilitating trade and investment and is vital for the country’s fiscal stability.
Monetary Policy and Stability
Managed by the Central Bank of Oman, the Rial is one of the highest-valued currencies in the world, reflecting Oman's economic stability and substantial hydrocarbon resources. The bank’s policies focus on maintaining the currency's value and stability, crucial for fostering a climate conducive to economic growth and investor confidence.
International Trade and the Omani Rial
The value of the Rial is significant in international trade, particularly for Oman's oil and gas exports. A stable and strong Rial is essential for maintaining competitive prices in the global market and attracting foreign investment in various sectors.
Remittances and the Economy
Remittances from Omanis working abroad and expatriates residing in Oman contribute to the country’s foreign exchange reserves. These inflows, exchanged into Rials, support the currency's stability and contribute to the national economy.
Bitget crypto-to-fiat exchange data shows that the most popular OIL Token currency pair is the OIL to OMR, with for OIL Token's currency code being OIL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
OIL to OMR conversion rate trend
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In the past 1D, OIL Token has changed -3.29% to OMR. Based on the trend and price charts, OIL Token(OIL) has changed -3.29% to OMR while Omani Rial(OMR) has changed % to OIL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ع.0.{5}1180 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/13 16:35:34(UTC+0)
How to buy OIL Token
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy OIL Token (OIL)
Use a variety of payment options to buy OIL Token on Bitget. We'll show you how.
Buy OIL (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of OIL with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy OIL with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell OIL (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of OIL to OMR. However, you can first exchange OIL for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of OIL Token to Omani Rial?
OIL Token to Omani Rial is falling this week.OIL Token's current market price is ر.ع. 0.{5}1180 per OIL, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- OIL. The trading volume of OIL Token has changed by -0.66% (ر.ع. -0.31 OMR) in the last 24 hours. Last trading day, OIL's trading volume was ر.ع. 46.89.
Market cap
$0
24h volume
$120.97218539
Circulating supply
0 OIL
Conversion tables
The exchange rate of OIL Token is decreasing.1 OIL is currently valued at ر.ع. 0.{5}1180 OMR , which means buying 5 OIL will cost ر.ع. 0.{5}5900 OMR . Similarly, ر.ع.1 OMR can be traded for 847,445.81 OIL, and ر.ع.50 OMR can be converted to 42,372,290.55 OIL, excluding any platform or gas fees.
The exchange rate of 1 OIL to Omani Rial has changed by -20.37% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.29%, reaching a high of 0.{4}1454 OMR and a low of 0.{4}1354 OMR . One month ago, the value of 1 OIL was ر.ع. 0.{4}1064 OMR , which represents a -40.51% change from its current value. Over the last year, OIL Token has changed by , resulting in a change of 0.00% in its value.
+ر.ع.
0.{4}1389OMROIL to OMR
Amount
20:05 today
0.5 OIL
ر.ع.0.{6}5900
1 OIL
ر.ع.0.{5}1180
5 OIL
ر.ع.0.{5}5900
10 OIL
ر.ع.0.{4}1180
50 OIL
ر.ع.0.{4}5900
100 OIL
ر.ع.0.0001180
500 OIL
ر.ع.0.0005900
1000 OIL
ر.ع.0.001180
OMR to OIL
Amount20:05 today
0.5OMR423,722.91 OIL
1OMR847,445.81 OIL
5OMR4,237,229.05 OIL
10OMR8,474,458.11 OIL
50OMR42,372,290.55 OIL
100OMR84,744,581.1 OIL
500OMR423,722,905.5 OIL
1000OMR847,445,810.99 OIL
Today vs. 24 hours ago
| Amount | 20:05 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OIL | $0.{5}1532 | $0.{5}2144 | -3.29% |
| 1 OIL | $0.{5}3065 | $0.{5}4287 | -3.29% |
| 5 OIL | $0.{4}1532 | $0.{4}2144 | -3.29% |
| 10 OIL | $0.{4}3065 | $0.{4}4287 | -3.29% |
| 50 OIL | $0.0001532 | $0.0002144 | -3.29% |
| 100 OIL | $0.0003065 | $0.0004287 | -3.29% |
| 500 OIL | $0.001532 | $0.002144 | -3.29% |
| 1000 OIL | $0.003065 | $0.004287 | -3.29% |
Today vs. 1 month ago
| Amount | 20:05 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OIL | $0.{5}1532 | $0.{4}1382 | -40.51% |
| 1 OIL | $0.{5}3065 | $0.{4}2763 | -40.51% |
| 5 OIL | $0.{4}1532 | $0.0001382 | -40.51% |
| 10 OIL | $0.{4}3065 | $0.0002763 | -40.51% |
| 50 OIL | $0.0001532 | $0.001382 | -40.51% |
| 100 OIL | $0.0003065 | $0.002763 | -40.51% |
| 500 OIL | $0.001532 | $0.01382 | -40.51% |
| 1000 OIL | $0.003065 | $0.02763 | -40.51% |
Today vs. 1 year ago
| Amount | 20:05 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OIL | $0.{5}1532 | $-0.{4}1650 | 0.00% |
| 1 OIL | $0.{5}3065 | $-0.{4}3300 | 0.00% |
| 5 OIL | $0.{4}1532 | $-0.0001650 | 0.00% |
| 10 OIL | $0.{4}3065 | $-0.0003300 | 0.00% |
| 50 OIL | $0.0001532 | $-0.001650 | 0.00% |
| 100 OIL | $0.0003065 | $-0.003300 | 0.00% |
| 500 OIL | $0.001532 | $-0.01650 | 0.00% |
| 1000 OIL | $0.003065 | $-0.03300 | 0.00% |
OIL Token price prediction
What will the price of OIL be in 2025?
Based on OIL's historical price performance prediction model, the price of OIL is projected to reach $0.{5}4219 in 2025.
What will the price of OIL be in 2030?
In 2030, the OIL price is expected to change by -6.00%. By the end of 2030, the OIL price is projected to reach $0.{5}7821, with a cumulative ROI of +155.17%.
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Popular OIL Token conversions
Check out these popular currency conversions of OIL Token to several fiat currencies.
OIL Token to USD
1 OIL to $ 0.{5}3065 USD
OIL Token to GBP
1 OIL to £ 0.{5}2412 GBP
OIL Token to EUR
1 OIL to € 0.{5}2902 EUR
OIL Token to KRW
1 OIL to ₩ 0.004312 KRW
OIL Token to CAD
1 OIL to $ 0.{5}4285 CAD
OIL Token to AUD
1 OIL to $ 0.{5}4722 AUD
OIL Token to JPY
1 OIL to ¥ 0.0004766 JPY
OIL Token to BRL
1 OIL to R$ 0.{4}1782 BRL
OIL Token to CNY
1 OIL to ¥ 0.{4}2214 CNY
OIL Token to TWD
1 OIL to NT$ 0.{4}9952 TWD
Popular cryptocurrencies to OMR
Explore other cryptocurrencies based on your interest in OIL Token.
EGO to OMR
1 EGO to ر.ع. 0.008985 OMR
Super Trump Coin to OMR
1 STRUMP to ر.ع. 0.001284 OMR
Bitcoin to OMR
1 BTC to ر.ع. 34,640.66 OMR
SolarX to OMR
1 SXCH to ر.ع. -- OMR
Dogecoin to OMR
1 DOGE to ر.ع. 0.1477 OMR
Solana to OMR
1 SOL to ر.ع. 81.17 OMR
Bonk to OMR
1 BONK to ر.ع. 0.{4}1373 OMR
Cardano to OMR
1 ADA to ر.ع. 0.2197 OMR
Artificial Superintelligence Alliance to OMR
1 FET to ر.ع. 0.4741 OMR
XRP to OMR
1 XRP to ر.ع. 0.2624 OMR
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between OIL Token and OMR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as OIL Token and OMR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of OIL Token in OMR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
