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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.59%
New listings on Bitget: Pi Network
BTC/USDT$77629.89 (-2.34%)Fear and Greed Index18(Extreme fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketBABY,PAWS,WCTTotal spot Bitcoin ETF netflow -$326.3M (1D); -$595.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.59%
New listings on Bitget: Pi Network
BTC/USDT$77629.89 (-2.34%)Fear and Greed Index18(Extreme fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketBABY,PAWS,WCTTotal spot Bitcoin ETF netflow -$326.3M (1D); -$595.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
BITS
OMR
Last updated as of 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 Bitswift(BITS) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 BITS at a value of 1 BITS 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 Bitswift currency pair is the BITS to OMR, with for Bitswift's currency code being BITS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
BITS to OMR conversion rate trend
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In the past 1D, Bitswift has changed -2.85% to OMR. Based on the trend and price charts, Bitswift(BITS) has changed -2.85% to OMR while Omani Rial(OMR) has changed % to BITS in the last 24 hours.
BITS to OMR market statistics
BITS/OMR:
ر.ع. 0.02303
BITS 24h volume:
ر.ع. 4.59
BITS market cap:
ر.ع. 89,459.38
BITS circulating supply:
3.88M BITS
More info about Bitswift on Bitget
Current BITS to OMR exchange rate
Bitswift to Omani Rial is falling this week.Bitswift's current market price is ر.ع. 0.02303 per BITS, with a total market cap of ر.ع. 89,459.38 OMR based on a circulating supply of 3,884,634.8 BITS. The trading volume of Bitswift has changed by -3.10% (ر.ع. -0.15 OMR) in the last 24 hours. Last trading day, BITS's trading volume was ر.ع. 4.74.
BITS to OMR Conversion tables
The exchange rate of Bitswift is decreasing.1 BITS is currently valued at ر.ع. 0.02303 OMR , which means buying 5 BITS will cost ر.ع. 0.1151 OMR . Similarly, ر.ع.1 OMR can be traded for 43.42 BITS, and ر.ع.50 OMR can be converted to 2,171.17 BITS, excluding any platform or gas fees.
The exchange rate of 1 BITS to Omani Rial has changed by -7.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.85%, reaching a high of 0.02377 OMR and a low of 0.02213 OMR . One month ago, the value of 1 BITS was ر.ع. 0.02357 OMR , which represents a -2.31% change from its current value. Over the last year, Bitswift has changed by , resulting in a change of -69.55% in its value.
-ر.ع.
0.05260OMRBITS to OMR
Amount
14:25 today
0.5 BITS
ر.ع.0.01151
1 BITS
ر.ع.0.02303
5 BITS
ر.ع.0.1151
10 BITS
ر.ع.0.2303
50 BITS
ر.ع.1.15
100 BITS
ر.ع.2.3
500 BITS
ر.ع.11.51
1000 BITS
ر.ع.23.03
OMR to BITS
Amount14:25 today
0.5OMR21.71 BITS
1OMR43.42 BITS
5OMR217.12 BITS
10OMR434.23 BITS
50OMR2,171.17 BITS
100OMR4,342.34 BITS
500OMR21,711.72 BITS
1000OMR43,423.45 BITS
BITS to OMR Today vs. 24 hours ago
| Amount | 14:25 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BITS | ر.ع.0.01151 | ر.ع.0.01185 | -2.85% |
| 1 BITS | ر.ع.0.02303 | ر.ع.0.02370 | -2.85% |
| 5 BITS | ر.ع.0.1151 | ر.ع.0.1185 | -2.85% |
| 10 BITS | ر.ع.0.2303 | ر.ع.0.2370 | -2.85% |
| 50 BITS | ر.ع.1.15 | ر.ع.1.19 | -2.85% |
| 100 BITS | ر.ع.2.3 | ر.ع.2.37 | -2.85% |
| 500 BITS | ر.ع.11.51 | ر.ع.11.85 | -2.85% |
| 1000 BITS | ر.ع.23.03 | ر.ع.23.7 | -2.85% |
BITS to OMR Today vs. 1 month ago
| Amount | 14:25 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BITS | ر.ع.0.01151 | ر.ع.0.01179 | -2.31% |
| 1 BITS | ر.ع.0.02303 | ر.ع.0.02357 | -2.31% |
| 5 BITS | ر.ع.0.1151 | ر.ع.0.1179 | -2.31% |
| 10 BITS | ر.ع.0.2303 | ر.ع.0.2357 | -2.31% |
| 50 BITS | ر.ع.1.15 | ر.ع.1.18 | -2.31% |
| 100 BITS | ر.ع.2.3 | ر.ع.2.36 | -2.31% |
| 500 BITS | ر.ع.11.51 | ر.ع.11.79 | -2.31% |
| 1000 BITS | ر.ع.23.03 | ر.ع.23.57 | -2.31% |
BITS to OMR Today vs. 1 year ago
| Amount | 14:25 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BITS | ر.ع.0.01151 | ر.ع.0.03781 | -69.55% |
| 1 BITS | ر.ع.0.02303 | ر.ع.0.07563 | -69.55% |
| 5 BITS | ر.ع.0.1151 | ر.ع.0.3781 | -69.55% |
| 10 BITS | ر.ع.0.2303 | ر.ع.0.7563 | -69.55% |
| 50 BITS | ر.ع.1.15 | ر.ع.3.78 | -69.55% |
| 100 BITS | ر.ع.2.3 | ر.ع.7.56 | -69.55% |
| 500 BITS | ر.ع.11.51 | ر.ع.37.81 | -69.55% |
| 1000 BITS | ر.ع.23.03 | ر.ع.75.63 | -69.55% |
How to convert BITS to OMR
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Convert BITS to OMR
Use a variety of payment options to buy Bitswift on Bitget. We'll show you how.
Buy BITS (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of BITS with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy BITS with USDT via Bitget spot market.
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Sell BITS (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of BITS to OMR. However, you can first exchange BITS 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 BITS to OMR?
There are many factors that affect the relationship between Bitswift and Omani Rial, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of BITS/OMR. When there is positive news in the market about the widespread adoption of BITS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BITS/OMR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BITS/OMR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of BITS/OMR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Bitswift and adjust their investment strategies accordingly in the evolving market.
Bitswift price prediction
What will the price of BITS be in 2026?
Based on BITS's historical price performance prediction model, the price of BITS is projected to reach $0.06410 in 2026.
What will the price of BITS be in 2031?
In 2031, the BITS price is expected to change by +32.00%. By the end of 2031, the BITS price is projected to reach $0.1303, with a cumulative ROI of +121.29%.
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Popular Bitswift Converter
Check out these popular currency conversions of Bitswift to several fiat currencies.
BITS to TWD
1 BITS to NT$ 1.97 TWD
BITS to OMR
1 BITS to ر.ع. 0.02302 OMR
BITS to CNY
1 BITS to ¥ 0.4405 CNY
BITS to USD
1 BITS to $ 0.05982 USD
BITS to EUR
1 BITS to € 0.05413 EUR
BITS to CAD
1 BITS to $ 0.08500 CAD
BITS to KRW
1 BITS to ₩ 88.52 KRW
BITS to JPY
1 BITS to ¥ 8.66 JPY
BITS to GBP
1 BITS to £ 0.04666 GBP
BITS to BRL
1 BITS to R$ 0.3596 BRL
Popular cryptocurrencies to OMR
Explore other cryptocurrencies based on your interest in Bitswift.
ETH to OMR
1 ETH to ر.ع. 570.87 OMR
BTC to OMR
1 BTC to ر.ع. 29,887.42 OMR
XRP to OMR
1 XRP to ر.ع. 0.7031 OMR
GAS to OMR
1 GAS to ر.ع. 0.9707 OMR
SOL to OMR
1 SOL to ر.ع. 40.84 OMR
ARDR to OMR
1 ARDR to ر.ع. 0.02599 OMR
VIDT to OMR
1 VIDT to ر.ع. 0.006721 OMR
ADA to OMR
1 ADA to ر.ع. 0.2195 OMR
NEO to OMR
1 NEO to ر.ع. 2.24 OMR
AERGO to OMR
1 AERGO to ر.ع. 0.04841 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 Bitswift 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 Bitswift 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 Bitswift 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.
