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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.49%
New listings on Bitget: Pi Network
BTC/USDT$77287.00 (-1.52%)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 share62.49%
New listings on Bitget: Pi Network
BTC/USDT$77287.00 (-1.52%)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
LOOP
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 Loop Network(LOOP) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 LOOP at a value of 1 LOOP for 0.01 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 Loop Network currency pair is the LOOP to OMR, with for Loop Network's currency code being LOOP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
LOOP to OMR conversion rate trend
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In the past 1D, Loop Network has changed -6.89% to OMR. Based on the trend and price charts, Loop Network(LOOP) has changed -6.89% to OMR while Omani Rial(OMR) has changed % to LOOP in the last 24 hours.
LOOP to OMR market statistics
LOOP/OMR:
ر.ع. 0.005492
LOOP 24h volume:
ر.ع. 7,776.14
LOOP market cap:
--
LOOP circulating supply:
0 LOOP
More info about Loop Network on Bitget
Current LOOP to OMR exchange rate
Loop Network to Omani Rial is falling this week.Loop Network's current market price is ر.ع. 0.005492 per LOOP, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- LOOP. The trading volume of Loop Network has changed by +43.31% (ر.ع. 2,349.9 OMR) in the last 24 hours. Last trading day, LOOP's trading volume was ر.ع. 5,426.25.
LOOP to OMR Conversion tables
The exchange rate of Loop Network is decreasing.1 LOOP is currently valued at ر.ع. 0.005492 OMR , which means buying 5 LOOP will cost ر.ع. 0.02746 OMR . Similarly, ر.ع.1 OMR can be traded for 182.09 LOOP, and ر.ع.50 OMR can be converted to 9,104.63 LOOP, excluding any platform or gas fees.
The exchange rate of 1 LOOP to Omani Rial has changed by -11.28% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.89%, reaching a high of 0.006016 OMR and a low of 0.005237 OMR . One month ago, the value of 1 LOOP was ر.ع. 0.006442 OMR , which represents a -14.75% change from its current value. Over the last year, Loop Network has changed by , resulting in a change of -82.61% in its value.
-ر.ع.
0.02609OMRLOOP to OMR
Amount
15:37 today
0.5 LOOP
ر.ع.0.002746
1 LOOP
ر.ع.0.005492
5 LOOP
ر.ع.0.02746
10 LOOP
ر.ع.0.05492
50 LOOP
ر.ع.0.2746
100 LOOP
ر.ع.0.5492
500 LOOP
ر.ع.2.75
1000 LOOP
ر.ع.5.49
OMR to LOOP
Amount15:37 today
0.5OMR91.05 LOOP
1OMR182.09 LOOP
5OMR910.46 LOOP
10OMR1,820.93 LOOP
50OMR9,104.63 LOOP
100OMR18,209.26 LOOP
500OMR91,046.28 LOOP
1000OMR182,092.55 LOOP
LOOP to OMR Today vs. 24 hours ago
| Amount | 15:37 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LOOP | ر.ع.0.002746 | ر.ع.0.002949 | -6.89% |
| 1 LOOP | ر.ع.0.005492 | ر.ع.0.005898 | -6.89% |
| 5 LOOP | ر.ع.0.02746 | ر.ع.0.02949 | -6.89% |
| 10 LOOP | ر.ع.0.05492 | ر.ع.0.05898 | -6.89% |
| 50 LOOP | ر.ع.0.2746 | ر.ع.0.2949 | -6.89% |
| 100 LOOP | ر.ع.0.5492 | ر.ع.0.5898 | -6.89% |
| 500 LOOP | ر.ع.2.75 | ر.ع.2.95 | -6.89% |
| 1000 LOOP | ر.ع.5.49 | ر.ع.5.9 | -6.89% |
LOOP to OMR Today vs. 1 month ago
| Amount | 15:37 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LOOP | ر.ع.0.002746 | ر.ع.0.003221 | -14.75% |
| 1 LOOP | ر.ع.0.005492 | ر.ع.0.006442 | -14.75% |
| 5 LOOP | ر.ع.0.02746 | ر.ع.0.03221 | -14.75% |
| 10 LOOP | ر.ع.0.05492 | ر.ع.0.06442 | -14.75% |
| 50 LOOP | ر.ع.0.2746 | ر.ع.0.3221 | -14.75% |
| 100 LOOP | ر.ع.0.5492 | ر.ع.0.6442 | -14.75% |
| 500 LOOP | ر.ع.2.75 | ر.ع.3.22 | -14.75% |
| 1000 LOOP | ر.ع.5.49 | ر.ع.6.44 | -14.75% |
LOOP to OMR Today vs. 1 year ago
| Amount | 15:37 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LOOP | ر.ع.0.002746 | ر.ع.0.01579 | -82.61% |
| 1 LOOP | ر.ع.0.005492 | ر.ع.0.03158 | -82.61% |
| 5 LOOP | ر.ع.0.02746 | ر.ع.0.1579 | -82.61% |
| 10 LOOP | ر.ع.0.05492 | ر.ع.0.3158 | -82.61% |
| 50 LOOP | ر.ع.0.2746 | ر.ع.1.58 | -82.61% |
| 100 LOOP | ر.ع.0.5492 | ر.ع.3.16 | -82.61% |
| 500 LOOP | ر.ع.2.75 | ر.ع.15.79 | -82.61% |
| 1000 LOOP | ر.ع.5.49 | ر.ع.31.58 | -82.61% |
How to convert LOOP 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.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert LOOP to OMR
Use a variety of payment options to buy Loop Network on Bitget. We'll show you how.
Buy LOOP (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of LOOP with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy LOOP 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 LOOP (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of LOOP to OMR. However, you can first exchange LOOP 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 LOOP to OMR?
There are many factors that affect the relationship between Loop Network 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 LOOP/OMR. When there is positive news in the market about the widespread adoption of LOOP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LOOP/OMR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LOOP/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 LOOP/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 Loop Network and adjust their investment strategies accordingly in the evolving market.
Loop Network price prediction
What will the price of LOOP be in 2026?
Based on LOOP's historical price performance prediction model, the price of LOOP is projected to reach $0.01880 in 2026.
What will the price of LOOP be in 2031?
In 2031, the LOOP price is expected to change by +20.00%. By the end of 2031, the LOOP price is projected to reach $0.02781, with a cumulative ROI of +97.07%.
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Popular Loop Network Converter
Check out these popular currency conversions of Loop Network to several fiat currencies.
LOOP to TWD
1 LOOP to NT$ 0.4688 TWD
LOOP to OMR
1 LOOP to ر.ع. 0.005492 OMR
LOOP to CNY
1 LOOP to ¥ 0.1051 CNY
LOOP to USD
1 LOOP to $ 0.01426 USD
LOOP to EUR
1 LOOP to € 0.01292 EUR
LOOP to CAD
1 LOOP to $ 0.02019 CAD
LOOP to KRW
1 LOOP to ₩ 21.03 KRW
LOOP to JPY
1 LOOP to ¥ 2.07 JPY
LOOP to GBP
1 LOOP to £ 0.01117 GBP
LOOP to BRL
1 LOOP to R$ 0.08641 BRL
Popular cryptocurrencies to OMR
Explore other cryptocurrencies based on your interest in Loop Network.
BTC to OMR
1 BTC to ر.ع. 29,810.31 OMR
ETH to OMR
1 ETH to ر.ع. 573.32 OMR
GAS to OMR
1 GAS to ر.ع. 0.9787 OMR
XRP to OMR
1 XRP to ر.ع. 0.7080 OMR
SOL to OMR
1 SOL to ر.ع. 41.1 OMR
ARDR to OMR
1 ARDR to ر.ع. 0.02598 OMR
BNB to OMR
1 BNB to ر.ع. 216.71 OMR
VIDT to OMR
1 VIDT to ر.ع. 0.008868 OMR
NEO to OMR
1 NEO to ر.ع. 2.19 OMR
ADA to OMR
1 ADA to ر.ع. 0.2202 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 Loop Network 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 Loop Network 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 Loop Network 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.
