LABS
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 LABS Group(LABS) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 LABS at a value of 1 LABS 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 LABS Group currency pair is the LABS to OMR, with for LABS Group's currency code being LABS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
LABS to OMR conversion rate trend
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In the past 1D, LABS Group has changed -8.80% to OMR. Based on the trend and price charts, LABS Group(LABS) has changed -8.80% to OMR while Omani Rial(OMR) has changed % to LABS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ع.0.{4}3777 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ر.ع.0.{4}3664 | 0.1000% / 0.1000% | Yes |
KuCoin | ر.ع.0.{4}3364 | 0.1000% / 0.1000% | Yes |
Last updated 2024/09/04 01:00:15(UTC+0)
How to buy LABS Group
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy LABS Group (LABS)
Use a variety of payment options to buy LABS Group on Bitget. We'll show you how.
Buy LABS (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of LABS with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy LABS 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 LABS (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of LABS to OMR. However, you can first exchange LABS 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 LABS Group to Omani Rial?
LABS Group to Omani Rial is falling this week.LABS Group's current market price is ر.ع. 0.{4}3896 per LABS, with a total market cap of ر.ع. 86,373.98 OMR based on a circulating supply of 2,216,879,600 LABS. The trading volume of LABS Group has changed by -9.08% (ر.ع. -1,482.78 OMR) in the last 24 hours. Last trading day, LABS's trading volume was ر.ع. 16,327.82.
Market cap
$224.41K
24h volume
$38.57K
Circulating supply
2.22B LABS
Conversion tables
The exchange rate of LABS Group is decreasing.1 LABS is currently valued at ر.ع. 0.{4}3896 OMR , which means buying 5 LABS will cost ر.ع. 0.0001948 OMR . Similarly, ر.ع.1 OMR can be traded for 25,666.06 LABS, and ر.ع.50 OMR can be converted to 1,283,302.98 LABS, excluding any platform or gas fees.
The exchange rate of 1 LABS to Omani Rial has changed by -31.82% in the last 7 days. In the last 24 hours, the rate has fluctuated by -8.80%, reaching a high of 0.{4}4406 OMR and a low of 0.{4}3682 OMR . One month ago, the value of 1 LABS was ر.ع. 0.{4}3961 OMR , which represents a -1.66% change from its current value. Over the last year, LABS Group has changed by , resulting in a change of -78.51% in its value.
-ر.ع.
0.0001411OMRLABS to OMR
Amount
06:49 am today
0.5 LABS
ر.ع.0.{4}1948
1 LABS
ر.ع.0.{4}3896
5 LABS
ر.ع.0.0001948
10 LABS
ر.ع.0.0003896
50 LABS
ر.ع.0.001948
100 LABS
ر.ع.0.003896
500 LABS
ر.ع.0.01948
1000 LABS
ر.ع.0.03896
OMR to LABS
Amount06:49 am today
0.5OMR12,833.03 LABS
1OMR25,666.06 LABS
5OMR128,330.3 LABS
10OMR256,660.6 LABS
50OMR1,283,302.98 LABS
100OMR2,566,605.96 LABS
500OMR12,833,029.79 LABS
1000OMR25,666,059.57 LABS
Today vs. 24 hours ago
| Amount | 06:49 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LABS | $0.{4}5061 | $0.{4}5546 | -8.80% |
| 1 LABS | $0.0001012 | $0.0001109 | -8.80% |
| 5 LABS | $0.0005061 | $0.0005546 | -8.80% |
| 10 LABS | $0.001012 | $0.001109 | -8.80% |
| 50 LABS | $0.005061 | $0.005546 | -8.80% |
| 100 LABS | $0.01012 | $0.01109 | -8.80% |
| 500 LABS | $0.05061 | $0.05546 | -8.80% |
| 1000 LABS | $0.1012 | $0.1109 | -8.80% |
Today vs. 1 month ago
| Amount | 06:49 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LABS | $0.{4}5061 | $0.{4}5146 | -1.66% |
| 1 LABS | $0.0001012 | $0.0001029 | -1.66% |
| 5 LABS | $0.0005061 | $0.0005146 | -1.66% |
| 10 LABS | $0.001012 | $0.001029 | -1.66% |
| 50 LABS | $0.005061 | $0.005146 | -1.66% |
| 100 LABS | $0.01012 | $0.01029 | -1.66% |
| 500 LABS | $0.05061 | $0.05146 | -1.66% |
| 1000 LABS | $0.1012 | $0.1029 | -1.66% |
Today vs. 1 year ago
| Amount | 06:49 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LABS | $0.{4}5061 | $0.0002339 | -78.51% |
| 1 LABS | $0.0001012 | $0.0004679 | -78.51% |
| 5 LABS | $0.0005061 | $0.002339 | -78.51% |
| 10 LABS | $0.001012 | $0.004679 | -78.51% |
| 50 LABS | $0.005061 | $0.02339 | -78.51% |
| 100 LABS | $0.01012 | $0.04679 | -78.51% |
| 500 LABS | $0.05061 | $0.2339 | -78.51% |
| 1000 LABS | $0.1012 | $0.4679 | -78.51% |
LABS Group price prediction
What will the price of LABS be in 2025?
Based on LABS's historical price performance prediction model, the price of LABS is projected to reach $0.0001858 in 2025.
What will the price of LABS be in 2030?
In 2030, the LABS price is expected to change by +1.00%. By the end of 2030, the LABS price is projected to reach $0.0003280, with a cumulative ROI of +236.81%.
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Popular LABS Group conversions
Check out these popular currency conversions of LABS Group to several fiat currencies.
LABS Group to USD
1 LABS to $ 0.0001012 USD
LABS Group to GBP
1 LABS to £ 0.{4}8055 GBP
LABS Group to EUR
1 LABS to € 0.{4}9705 EUR
LABS Group to KRW
1 LABS to ₩ 0.1464 KRW
LABS Group to CAD
1 LABS to $ 0.0001455 CAD
LABS Group to AUD
1 LABS to $ 0.0001619 AUD
LABS Group to JPY
1 LABS to ¥ 0.01584 JPY
LABS Group to BRL
1 LABS to R$ 0.0006161 BRL
LABS Group to CNY
1 LABS to ¥ 0.0007388 CNY
LABS Group to TWD
1 LABS to NT$ 0.003303 TWD
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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 LABS Group 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 LABS Group 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 LABS Group 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.
