PAR
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 Parallel(PAR) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 PAR at a value of 1 PAR for 0.31 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 Parallel currency pair is the PAR to OMR, with for Parallel's currency code being PAR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
PAR to OMR conversion rate trend
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In the past 1D, Parallel has changed +2.89% to OMR. Based on the trend and price charts, Parallel(PAR) has changed +2.89% to OMR while Omani Rial(OMR) has changed % to PAR in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ع.0.3081 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/23 08:34:33(UTC+0)
How to buy Parallel
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Buy Parallel (PAR)
Use a variety of payment options to buy Parallel on Bitget. We'll show you how.
Buy PAR (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of PAR with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy PAR 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 PAR (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of PAR to OMR. However, you can first exchange PAR 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 Parallel to Omani Rial?
Parallel to Omani Rial is rising this week.Parallel's current market price is ر.ع. 0.3081 per PAR, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- PAR. The trading volume of Parallel has changed by -97.46% (ر.ع. -1,979.60 OMR) in the last 24 hours. Last trading day, PAR's trading volume was ر.ع. 2,031.1.
Market cap
$0
24h volume
$133.84790658
Circulating supply
0 PAR
Conversion tables
The exchange rate of Parallel is increasing.1 PAR is currently valued at ر.ع. 0.3081 OMR , which means buying 5 PAR will cost ر.ع. 1.54 OMR . Similarly, ر.ع.1 OMR can be traded for 3.25 PAR, and ر.ع.50 OMR can be converted to 162.3 PAR, excluding any platform or gas fees.
The exchange rate of 1 PAR to Omani Rial has changed by +108.14% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.89%, reaching a high of 0.3083 OMR and a low of 0.2993 OMR . One month ago, the value of 1 PAR was ر.ع. 0.1485 OMR , which represents a +107.39% change from its current value. Over the last year, Parallel has changed by , resulting in a change of -24.49% in its value.
-ر.ع.
0.09994OMRPAR to OMR
Amount
10:20 am today
0.5 PAR
ر.ع.0.1540
1 PAR
ر.ع.0.3081
5 PAR
ر.ع.1.54
10 PAR
ر.ع.3.08
50 PAR
ر.ع.15.4
100 PAR
ر.ع.30.81
500 PAR
ر.ع.154.03
1000 PAR
ر.ع.308.07
OMR to PAR
Amount10:20 am today
0.5OMR1.62 PAR
1OMR3.25 PAR
5OMR16.23 PAR
10OMR32.46 PAR
50OMR162.3 PAR
100OMR324.6 PAR
500OMR1,623.02 PAR
1000OMR3,246.05 PAR
Today vs. 24 hours ago
| Amount | 10:20 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PAR | $0.4003 | $0.3890 | +2.89% |
| 1 PAR | $0.8006 | $0.7781 | +2.89% |
| 5 PAR | $4 | $3.89 | +2.89% |
| 10 PAR | $8.01 | $7.78 | +2.89% |
| 50 PAR | $40.03 | $38.9 | +2.89% |
| 100 PAR | $80.06 | $77.81 | +2.89% |
| 500 PAR | $400.29 | $389.03 | +2.89% |
| 1000 PAR | $800.59 | $778.07 | +2.89% |
Today vs. 1 month ago
| Amount | 10:20 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PAR | $0.4003 | $0.1930 | +107.39% |
| 1 PAR | $0.8006 | $0.3860 | +107.39% |
| 5 PAR | $4 | $1.93 | +107.39% |
| 10 PAR | $8.01 | $3.86 | +107.39% |
| 50 PAR | $40.03 | $19.3 | +107.39% |
| 100 PAR | $80.06 | $38.6 | +107.39% |
| 500 PAR | $400.29 | $193.01 | +107.39% |
| 1000 PAR | $800.59 | $386.02 | +107.39% |
Today vs. 1 year ago
| Amount | 10:20 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PAR | $0.4003 | $0.5302 | -24.49% |
| 1 PAR | $0.8006 | $1.06 | -24.49% |
| 5 PAR | $4 | $5.3 | -24.49% |
| 10 PAR | $8.01 | $10.6 | -24.49% |
| 50 PAR | $40.03 | $53.02 | -24.49% |
| 100 PAR | $80.06 | $106.03 | -24.49% |
| 500 PAR | $400.29 | $530.15 | -24.49% |
| 1000 PAR | $800.59 | $1,060.3 | -24.49% |
Parallel price prediction
What will the price of PAR be in 2025?
Based on PAR's historical price performance prediction model, the price of PAR is projected to reach $0.9846 in 2025.
What will the price of PAR be in 2030?
In 2030, the PAR price is expected to change by +1.00%. By the end of 2030, the PAR price is projected to reach $1.74, with a cumulative ROI of +117.02%.
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Popular Parallel conversions
Check out these popular currency conversions of Parallel to several fiat currencies.
Parallel to USD
1 PAR to $ 0.8006 USD
Parallel to GBP
1 PAR to £ 0.6390 GBP
Parallel to EUR
1 PAR to € 0.7684 EUR
Parallel to KRW
1 PAR to ₩ 1,124.44 KRW
Parallel to CAD
1 PAR to $ 1.12 CAD
Parallel to AUD
1 PAR to $ 1.23 AUD
Parallel to JPY
1 PAR to ¥ 123.91 JPY
Parallel to BRL
1 PAR to R$ 4.64 BRL
Parallel to CNY
1 PAR to ¥ 5.81 CNY
Parallel to TWD
1 PAR to NT$ 26.09 TWD
Popular cryptocurrencies to OMR
Explore other cryptocurrencies based on your interest in Parallel.
Bitcoin to OMR
1 BTC to ر.ع. 37,955.52 OMR
EGO to OMR
1 EGO to ر.ع. 0.008564 OMR
Evan to OMR
1 EVAN to ر.ع. 0.007785 OMR
MAD to OMR
1 MAD to ر.ع. 0.{4}1852 OMR
Dogecoin to OMR
1 DOGE to ر.ع. 0.1818 OMR
Stellar to OMR
1 XLM to ر.ع. 0.1663 OMR
Hedera to OMR
1 HBAR to ر.ع. 0.05653 OMR
Sui to OMR
1 SUI to ر.ع. 1.39 OMR
Algorand to OMR
1 ALGO to ر.ع. 0.1098 OMR
VeChain to OMR
1 VET to ر.ع. 0.01665 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 Parallel 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 Parallel 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 Parallel 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.
