RENQ
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 Renq Finance(RENQ) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 RENQ at a value of 1 RENQ 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 Renq Finance currency pair is the RENQ to OMR, with for Renq Finance's currency code being RENQ. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
RENQ to OMR conversion rate trend
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In the past 1D, Renq Finance has changed +0.04% to OMR. Based on the trend and price charts, Renq Finance(RENQ) has changed +0.04% to OMR while Omani Rial(OMR) has changed % to RENQ in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ع.0.0008611 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:32:32(UTC+0)
How to buy Renq Finance
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Buy Renq Finance (RENQ)
Use a variety of payment options to buy Renq Finance on Bitget. We'll show you how.
Buy RENQ (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of RENQ with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy RENQ 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 RENQ (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of RENQ to OMR. However, you can first exchange RENQ 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 Renq Finance to Omani Rial?
Renq Finance to Omani Rial is falling this week.Renq Finance's current market price is ر.ع. 0.0008603 per RENQ, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- RENQ. The trading volume of Renq Finance has changed by -16.52% (ر.ع. -3,944.39 OMR) in the last 24 hours. Last trading day, RENQ's trading volume was ر.ع. 23,869.68.
Market cap
$0
24h volume
$51.77K
Circulating supply
0 RENQ
Conversion tables
The exchange rate of Renq Finance is decreasing.1 RENQ is currently valued at ر.ع. 0.0008603 OMR , which means buying 5 RENQ will cost ر.ع. 0.004302 OMR . Similarly, ر.ع.1 OMR can be traded for 1,162.34 RENQ, and ر.ع.50 OMR can be converted to 58,116.76 RENQ, excluding any platform or gas fees.
The exchange rate of 1 RENQ to Omani Rial has changed by -7.45% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.04%, reaching a high of 0.0008627 OMR and a low of 0.0008599 OMR . One month ago, the value of 1 RENQ was ر.ع. 0.001157 OMR , which represents a -25.64% change from its current value. Over the last year, Renq Finance has changed by , resulting in a change of -82.60% in its value.
-ر.ع.
0.004085OMRRENQ to OMR
Amount
19:15 today
0.5 RENQ
ر.ع.0.0004302
1 RENQ
ر.ع.0.0008603
5 RENQ
ر.ع.0.004302
10 RENQ
ر.ع.0.008603
50 RENQ
ر.ع.0.04302
100 RENQ
ر.ع.0.08603
500 RENQ
ر.ع.0.4302
1000 RENQ
ر.ع.0.8603
OMR to RENQ
Amount19:15 today
0.5OMR581.17 RENQ
1OMR1,162.34 RENQ
5OMR5,811.68 RENQ
10OMR11,623.35 RENQ
50OMR58,116.76 RENQ
100OMR116,233.52 RENQ
500OMR581,167.62 RENQ
1000OMR1,162,335.24 RENQ
Today vs. 24 hours ago
| Amount | 19:15 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RENQ | $0.001118 | $0.001117 | +0.04% |
| 1 RENQ | $0.002235 | $0.002234 | +0.04% |
| 5 RENQ | $0.01118 | $0.01117 | +0.04% |
| 10 RENQ | $0.02235 | $0.02234 | +0.04% |
| 50 RENQ | $0.1118 | $0.1117 | +0.04% |
| 100 RENQ | $0.2235 | $0.2234 | +0.04% |
| 500 RENQ | $1.12 | $1.12 | +0.04% |
| 1000 RENQ | $2.24 | $2.23 | +0.04% |
Today vs. 1 month ago
| Amount | 19:15 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RENQ | $0.001118 | $0.001503 | -25.64% |
| 1 RENQ | $0.002235 | $0.003006 | -25.64% |
| 5 RENQ | $0.01118 | $0.01503 | -25.64% |
| 10 RENQ | $0.02235 | $0.03006 | -25.64% |
| 50 RENQ | $0.1118 | $0.1503 | -25.64% |
| 100 RENQ | $0.2235 | $0.3006 | -25.64% |
| 500 RENQ | $1.12 | $1.5 | -25.64% |
| 1000 RENQ | $2.24 | $3.01 | -25.64% |
Today vs. 1 year ago
| Amount | 19:15 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RENQ | $0.001118 | $0.006424 | -82.60% |
| 1 RENQ | $0.002235 | $0.01285 | -82.60% |
| 5 RENQ | $0.01118 | $0.06424 | -82.60% |
| 10 RENQ | $0.02235 | $0.1285 | -82.60% |
| 50 RENQ | $0.1118 | $0.6424 | -82.60% |
| 100 RENQ | $0.2235 | $1.28 | -82.60% |
| 500 RENQ | $1.12 | $6.42 | -82.60% |
| 1000 RENQ | $2.24 | $12.85 | -82.60% |
Renq Finance price prediction
What will the price of RENQ be in 2025?
Based on RENQ's historical price performance prediction model, the price of RENQ is projected to reach $0.003676 in 2025.
What will the price of RENQ be in 2030?
In 2030, the RENQ price is expected to change by -16.00%. By the end of 2030, the RENQ price is projected to reach $0.003401, with a cumulative ROI of +46.76%.
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Popular Renq Finance conversions
Check out these popular currency conversions of Renq Finance to several fiat currencies.
Renq Finance to USD
1 RENQ to $ 0.002235 USD
Renq Finance to GBP
1 RENQ to £ 0.001779 GBP
Renq Finance to EUR
1 RENQ to € 0.002143 EUR
Renq Finance to KRW
1 RENQ to ₩ 3.23 KRW
Renq Finance to CAD
1 RENQ to $ 0.003209 CAD
Renq Finance to AUD
1 RENQ to $ 0.003576 AUD
Renq Finance to JPY
1 RENQ to ¥ 0.3497 JPY
Renq Finance to BRL
1 RENQ to R$ 0.01360 BRL
Renq Finance to CNY
1 RENQ to ¥ 0.01631 CNY
Renq Finance to TWD
1 RENQ to NT$ 0.07294 TWD
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1 FTT to ر.ع. 1.13 OMR
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1 CHILLGUY to ر.ع. 0.07335 OMR
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1 SHOGGOTH to ر.ع. 0.02224 OMR
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1 STEEM to ر.ع. 0.08765 OMR
LUCE to OMR
1 LUCE to ر.ع. 0.03370 OMR
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1 IDEX to ر.ع. 0.02347 OMR
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1 LPT to ر.ع. 6.17 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 Renq Finance 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 Renq Finance 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 Renq Finance 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.
