PNIC
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 Phoenic(PNIC) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 PNIC at a value of 1 PNIC for 0.02 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 Phoenic currency pair is the PNIC to OMR, with for Phoenic's currency code being PNIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
PNIC to OMR conversion rate trend
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In the past 1D, Phoenic has changed +4.71% to OMR. Based on the trend and price charts, Phoenic(PNIC) has changed +4.71% to OMR while Omani Rial(OMR) has changed % to PNIC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ع.0.02128 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:32:05(UTC+0)
How to buy Phoenic
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Phoenic (PNIC)
Use a variety of payment options to buy Phoenic on Bitget. We'll show you how.
Buy PNIC (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of PNIC with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy PNIC 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 PNIC (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of PNIC to OMR. However, you can first exchange PNIC 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 Phoenic to Omani Rial?
Phoenic to Omani Rial is falling this week.Phoenic's current market price is ر.ع. 0.02115 per PNIC, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- PNIC. The trading volume of Phoenic has changed by -66.83% (ر.ع. -141,292.59 OMR) in the last 24 hours. Last trading day, PNIC's trading volume was ر.ع. 211,412.68.
Market cap
$0
24h volume
$182.18K
Circulating supply
0 PNIC
Conversion tables
The exchange rate of Phoenic is increasing.1 PNIC is currently valued at ر.ع. 0.02115 OMR , which means buying 5 PNIC will cost ر.ع. 0.1057 OMR . Similarly, ر.ع.1 OMR can be traded for 47.29 PNIC, and ر.ع.50 OMR can be converted to 2,364.31 PNIC, excluding any platform or gas fees.
The exchange rate of 1 PNIC to Omani Rial has changed by -24.74% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.71%, reaching a high of 0.02392 OMR and a low of 0.01985 OMR . One month ago, the value of 1 PNIC was ر.ع. 0.01545 OMR , which represents a +36.83% change from its current value. Over the last year, Phoenic has changed by , resulting in a change of -1.38% in its value.
-ر.ع.
0.0002958OMRPNIC to OMR
Amount
17:48 today
0.5 PNIC
ر.ع.0.01057
1 PNIC
ر.ع.0.02115
5 PNIC
ر.ع.0.1057
10 PNIC
ر.ع.0.2115
50 PNIC
ر.ع.1.06
100 PNIC
ر.ع.2.11
500 PNIC
ر.ع.10.57
1000 PNIC
ر.ع.21.15
OMR to PNIC
Amount17:48 today
0.5OMR23.64 PNIC
1OMR47.29 PNIC
5OMR236.43 PNIC
10OMR472.86 PNIC
50OMR2,364.31 PNIC
100OMR4,728.61 PNIC
500OMR23,643.07 PNIC
1000OMR47,286.14 PNIC
Today vs. 24 hours ago
| Amount | 17:48 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PNIC | $0.02747 | $0.02623 | +4.71% |
| 1 PNIC | $0.05494 | $0.05247 | +4.71% |
| 5 PNIC | $0.2747 | $0.2623 | +4.71% |
| 10 PNIC | $0.5494 | $0.5247 | +4.71% |
| 50 PNIC | $2.75 | $2.62 | +4.71% |
| 100 PNIC | $5.49 | $5.25 | +4.71% |
| 500 PNIC | $27.47 | $26.23 | +4.71% |
| 1000 PNIC | $54.94 | $52.47 | +4.71% |
Today vs. 1 month ago
| Amount | 17:48 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PNIC | $0.02747 | $0.02007 | +36.83% |
| 1 PNIC | $0.05494 | $0.04015 | +36.83% |
| 5 PNIC | $0.2747 | $0.2007 | +36.83% |
| 10 PNIC | $0.5494 | $0.4015 | +36.83% |
| 50 PNIC | $2.75 | $2.01 | +36.83% |
| 100 PNIC | $5.49 | $4.01 | +36.83% |
| 500 PNIC | $27.47 | $20.07 | +36.83% |
| 1000 PNIC | $54.94 | $40.15 | +36.83% |
Today vs. 1 year ago
| Amount | 17:48 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PNIC | $0.02747 | $0.02786 | -1.38% |
| 1 PNIC | $0.05494 | $0.05571 | -1.38% |
| 5 PNIC | $0.2747 | $0.2786 | -1.38% |
| 10 PNIC | $0.5494 | $0.5571 | -1.38% |
| 50 PNIC | $2.75 | $2.79 | -1.38% |
| 100 PNIC | $5.49 | $5.57 | -1.38% |
| 500 PNIC | $27.47 | $27.86 | -1.38% |
| 1000 PNIC | $54.94 | $55.71 | -1.38% |
Phoenic price prediction
What will the price of PNIC be in 2025?
Based on PNIC's historical price performance prediction model, the price of PNIC is projected to reach $0.06671 in 2025.
What will the price of PNIC be in 2030?
In 2030, the PNIC price is expected to change by -15.00%. By the end of 2030, the PNIC price is projected to reach $0.07793, with a cumulative ROI of +24.97%.
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Popular Phoenic conversions
Check out these popular currency conversions of Phoenic to several fiat currencies.
Phoenic to USD
1 PNIC to $ 0.05494 USD
Phoenic to GBP
1 PNIC to £ 0.04372 GBP
Phoenic to EUR
1 PNIC to € 0.05267 EUR
Phoenic to KRW
1 PNIC to ₩ 79.47 KRW
Phoenic to CAD
1 PNIC to $ 0.07889 CAD
Phoenic to AUD
1 PNIC to $ 0.08789 AUD
Phoenic to JPY
1 PNIC to ¥ 8.6 JPY
Phoenic to BRL
1 PNIC to R$ 0.3344 BRL
Phoenic to CNY
1 PNIC to ¥ 0.4009 CNY
Phoenic to TWD
1 PNIC to NT$ 1.79 TWD
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1 BTT to ر.ع. 0.{6}4326 OMR
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1 FTT to ر.ع. 1.14 OMR
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1 LUCE to ر.ع. 0.03400 OMR
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1 HEX to ر.ع. 0.005103 OMR
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1 DEXE to ر.ع. 3.93 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 Phoenic 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 Phoenic 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 Phoenic 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.
