ORE
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 Ore (v1)(ORE) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 ORE at a value of 1 ORE for 9.31 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 Ore (v1) currency pair is the ORE to OMR, with for Ore (v1)'s currency code being ORE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
ORE to OMR conversion rate trend
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In the past 1D, Ore (v1) has changed -9.03% to OMR. Based on the trend and price charts, Ore (v1)(ORE) has changed -9.03% to OMR while Omani Rial(OMR) has changed % to ORE in the last 24 hours.
How to buy Ore (v1)
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Buy Ore (v1) (ORE)
Use a variety of payment options to buy Ore (v1) on Bitget. We'll show you how.
Buy ORE (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of ORE with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy ORE with USDT via Bitget spot market.
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Sell ORE (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of ORE to OMR. However, you can first exchange ORE for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Ore (v1) to Omani Rial?
Ore (v1) to Omani Rial is falling this week.Ore (v1)'s current market price is ر.ع. 9.31 per ORE, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- ORE. The trading volume of Ore (v1) has changed by -25.19% (ر.ع. -1,325.35 OMR) in the last 24 hours. Last trading day, ORE's trading volume was ر.ع. 5,261.12.
Market cap
$0
24h volume
$10.23K
Circulating supply
0 ORE
Conversion tables
The exchange rate of Ore (v1) is decreasing.1 ORE is currently valued at ر.ع. 9.31 OMR , which means buying 5 ORE will cost ر.ع. 46.54 OMR . Similarly, ر.ع.1 OMR can be traded for 0.1074 ORE, and ر.ع.50 OMR can be converted to 5.37 ORE, excluding any platform or gas fees.
The exchange rate of 1 ORE to Omani Rial has changed by -22.15% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.03%, reaching a high of 11.27 OMR and a low of 8.06 OMR . One month ago, the value of 1 ORE was ر.ع. 14.07 OMR , which represents a -33.71% change from its current value. Over the last year, Ore (v1) has changed by , resulting in a change of -84.32% in its value.
+ر.ع.
1.67OMRORE to OMR
Amount
11:32 am today
0.5 ORE
ر.ع.4.65
1 ORE
ر.ع.9.31
5 ORE
ر.ع.46.54
10 ORE
ر.ع.93.08
50 ORE
ر.ع.465.42
100 ORE
ر.ع.930.84
500 ORE
ر.ع.4,654.18
1000 ORE
ر.ع.9,308.37
OMR to ORE
Amount11:32 am today
0.5OMR0.05372 ORE
1OMR0.1074 ORE
5OMR0.5372 ORE
10OMR1.07 ORE
50OMR5.37 ORE
100OMR10.74 ORE
500OMR53.72 ORE
1000OMR107.43 ORE
Today vs. 24 hours ago
| Amount | 11:32 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ORE | $12.1 | $13.3 | -9.03% |
| 1 ORE | $24.19 | $26.61 | -9.03% |
| 5 ORE | $120.95 | $133.04 | -9.03% |
| 10 ORE | $241.9 | $266.08 | -9.03% |
| 50 ORE | $1,209.51 | $1,330.38 | -9.03% |
| 100 ORE | $2,419.01 | $2,660.75 | -9.03% |
| 500 ORE | $12,095.07 | $13,303.75 | -9.03% |
| 1000 ORE | $24,190.14 | $26,607.5 | -9.03% |
Today vs. 1 month ago
| Amount | 11:32 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ORE | $12.1 | $18.29 | -33.71% |
| 1 ORE | $24.19 | $36.57 | -33.71% |
| 5 ORE | $120.95 | $182.86 | -33.71% |
| 10 ORE | $241.9 | $365.73 | -33.71% |
| 50 ORE | $1,209.51 | $1,828.63 | -33.71% |
| 100 ORE | $2,419.01 | $3,657.25 | -33.71% |
| 500 ORE | $12,095.07 | $18,286.27 | -33.71% |
| 1000 ORE | $24,190.14 | $36,572.53 | -33.71% |
Today vs. 1 year ago
| Amount | 11:32 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ORE | $12.1 | $-0.07924 | -84.32% |
| 1 ORE | $24.19 | $-0.1585 | -84.32% |
| 5 ORE | $120.95 | $-0.7924 | -84.32% |
| 10 ORE | $241.9 | $-1.5848 | -84.32% |
| 50 ORE | $1,209.51 | $-7.9242 | -84.32% |
| 100 ORE | $2,419.01 | $-15.8483 | -84.32% |
| 500 ORE | $12,095.07 | $-79.2417 | -84.32% |
| 1000 ORE | $24,190.14 | $-158.4835 | -84.32% |
Ore (v1) price prediction
What will the price of ORE be in 2025?
Based on ORE's historical price performance prediction model, the price of ORE is projected to reach $81.24 in 2025.
What will the price of ORE be in 2030?
In 2030, the ORE price is expected to change by +1.00%. By the end of 2030, the ORE price is projected to reach $183.04, with a cumulative ROI of +390.22%.
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Popular Ore (v1) conversions
Check out these popular currency conversions of Ore (v1) to several fiat currencies.
Ore (v1) to USD
1 ORE to $ 24.19 USD
Ore (v1) to GBP
1 ORE to £ 19.3 GBP
Ore (v1) to EUR
1 ORE to € 23.22 EUR
Ore (v1) to KRW
1 ORE to ₩ 33,975.3 KRW
Ore (v1) to CAD
1 ORE to $ 33.94 CAD
Ore (v1) to AUD
1 ORE to $ 37.2 AUD
Ore (v1) to JPY
1 ORE to ¥ 3,743.91 JPY
Ore (v1) to BRL
1 ORE to R$ 140.33 BRL
Ore (v1) to CNY
1 ORE to ¥ 175.41 CNY
Ore (v1) to TWD
1 ORE to NT$ 788.2 TWD
Popular cryptocurrencies to OMR
Explore other cryptocurrencies based on your interest in Ore (v1).
Bitcoin to OMR
1 BTC to ر.ع. 37,605.89 OMR
MAD to OMR
1 MAD to ر.ع. 0.{4}1008 OMR
XRP to OMR
1 XRP to ر.ع. 0.5403 OMR
Stellar to OMR
1 XLM to ر.ع. 0.2159 OMR
Kusama to OMR
1 KSM to ر.ع. 16.13 OMR
Dogecoin to OMR
1 DOGE to ر.ع. 0.1625 OMR
Hedera to OMR
1 HBAR to ر.ع. 0.05755 OMR
Cardano to OMR
1 ADA to ر.ع. 0.3948 OMR
Polkadot to OMR
1 DOT to ر.ع. 3.34 OMR
Solana to OMR
1 SOL to ر.ع. 96.43 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 Ore (v1) 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 Ore (v1) 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 Ore (v1) 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.
