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FAKT to OMR Converter and calculator

FAKT/OMR: 1 FAKT = 0.0001866 OMR. The price of converting 1 Medifakt (FAKT) to Omani Rial (OMR) is 0.0001866 OMR today.
FAKT
FAKT
OMR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FAKT to OMR real-time exchange rates, making it easy to convert Medifakt (FAKT) to Omani Rial (OMR). The conversion result is based on real-time data. The conversion result shows that 1 FAKT is currently valued at 0.00 OMR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FAKT is currently valued at 0.00 OMR, which means buying 5 FAKT would cost 0.00 OMR. Similarly, ر.ع.1 OMR can be converted to 5,360.42 FAKT, and ر.ع.50 OMR can be converted to 26,802.1 FAKT, excluding any platform or gas fees.

Convert FAKT to OMR

Convert OMR to FAKT

Medifakt
Omani Rial
1 FAKT
0.0001866  OMR
2 FAKT
0.0003731  OMR
5 FAKT
0.0009328  OMR
10 FAKT
0.001866  OMR
20 FAKT
0.003731  OMR
50 FAKT
0.009328  OMR
100 FAKT
0.01866  OMR
200 FAKT
0.03731  OMR
500 FAKT
0.09328  OMR
1000 FAKT
0.1866  OMR
5000 FAKT
0.9328  OMR
In the table above, you'll find a comprehensive FAKT to OMR converter that shows the value of Medifakt in Omani Rial across commonly used conversion amounts. The list covers conversions from 1 FAKT to OMR, all the way up to 10000 FAKT, providing a clear view of their respective values.
Omani Rial
Medifakt
100 OMR
536,041.96 FAKT
200 OMR
1,072,083.93 FAKT
500 OMR
2,680,209.82 FAKT
1000 OMR
5,360,419.65 FAKT
2000 OMR
10,720,839.3 FAKT
5000 OMR
26,802,098.24 FAKT
10000 OMR
53,604,196.48 FAKT
50000 OMR
268,020,982.41 FAKT
100000 OMR
536,041,964.82 FAKT
In the table above, you'll find a comprehensive OMR to FAKT converter that shows the value of Omani Rial in Medifakt across commonly used conversion amounts. The list covers conversions from 1 OMR to FAKT, all the way up to 100000 OMR, providing a clear view of their respective values.

FAKT to OMR chart

FAKT/OMR: 1 FAKT = 0.0001866 OMR; 2025/04/28 15:29:02
In the past 1D, Medifakt has changed +0.61% to OMR. Based on the trend and price charts, Medifakt(FAKT) has changed +0.61% to OMR while Omani Rial(OMR) has changed % to FAKT in the last 24 hours.
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FAKT to OMR conversion data: Volatility and price changes of Medifakt in OMR

The highest Medifakt price in OMR over the past 7 days was 0.0001988 OMR while the lowest Medifakt price in OMR over the past 7 days was 0.0001655 OMR. The relative change between the highs and lows in Medifakt price in OMR over the last 7 days indicates a volatility of %. You can view additional volatility data and FAKT to OMR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.0001887 OMR
0.0001988 OMR
0.0002449 OMR
0.0003407 OMR
Low
0.0001796 OMR
0.0001655 OMR
0.0001416 OMR
0.{4}9152 OMR
Average
0 OMR
0 OMR
0 OMR
0 OMR
Volatility
%
%
%
%
Change
+0.61%
-2.40%
-16.47%
-9.76%

Medifakt information

FAKT to OMR market statistics

FAKT/OMR:
ر.ع.0.0001866
FAKT 24h volume:
ر.ع.34,329.87
FAKT market cap:
--
FAKT circulating supply:
0 FAKT

Current FAKT to OMR exchange rate

Medifakt to Omani Rial is falling this week.
Medifakt's current market price is ر.ع.0.0001866 per FAKT, with a total market cap of ر.ع.0 OMR based on a circulating supply of -- FAKT. The trading volume of Medifakt has changed by +66.96% (ر.ع.13,767.77 OMR) in the last 24 hours. Last trading day, FAKT's trading volume was ر.ع.20,562.1.

More info about Medifakt on Bitget

Omani Rial 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 Medifakt currency pair is the FAKT to OMR, with for Medifakt's currency code being FAKT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.

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How to convert FAKT to OMR

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Convert FAKT to OMR
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FAKT to OMR Conversion tables

The exchange rate of Medifakt is decreasing.
The exchange rate of 1 FAKT to Omani Rial has changed by -2.40% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.61%, reaching a high of 0.0001887 OMR and a low of 0.0001796 OMR . One month ago, the value of 1 FAKT was ر.ع.0.0002233 OMR , which represents a -16.47% change from its current value. Over the last year, Medifakt has changed by
-ر.ع.
0.001001OMR
, resulting in a change of -84.29% in its value.
24 hours ago1 month ago1 year ago
Amount15:29 today24 hours ago24h change
0.5 FAKTر.ع.0.{4}9328ر.ع.0.{4}9271
+0.61%
1 FAKTر.ع.0.0001866ر.ع.0.0001854
+0.61%
5 FAKTر.ع.0.0009328ر.ع.0.0009271
+0.61%
10 FAKTر.ع.0.001866ر.ع.0.001854
+0.61%
50 FAKTر.ع.0.009328ر.ع.0.009271
+0.61%
100 FAKTر.ع.0.01866ر.ع.0.01854
+0.61%
500 FAKTر.ع.0.09328ر.ع.0.09271
+0.61%
1000 FAKTر.ع.0.1866ر.ع.0.1854
+0.61%

FAKT to OMR FAQ

How much is 1 Medifakt in OMR?
Right now, the price of 1 Medifakt (FAKT) in Omani Rial (OMR) is ر.ع.0.0001866.
How much FAKT can I buy for 1 OMR?
Based on the current exchange rate, you can get 5,360.42 FAKT for 1 OMR.
How do I calculate or convert FAKT to OMR?
You can use our FAKT to OMR calculator at the top of this page to convert any amount of FAKT to OMR. We've also included quick-reference tables for the most popular conversions. For example, 5 OMR is equivalent to 26,802.1 FAKT, while 5 FAKT will cost around 0.0009328OMR.
What is the highest price of FAKT/OMR in history?
The all-time high price of 1 FAKT in OMR is ر.ع.0.01714. It remains to be seen if the value of 1 FAKT/OMR will exceed the current all-time high.
What is the price trend of Medifakt in OMR?
Over the past 7 days, the exchange rate of Medifakt (FAKT) has gone down by 2.40%.   Over the last month, the exchange rate of Medifakt (FAKT) has gone down by 16.47% against Omani Rial (OMR).

What factors influence the conversion rate of FAKT to OMR?

There are many factors that affect the relationship between Medifakt 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 FAKT/OMR. When there is positive news in the market about the widespread adoption of FAKT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FAKT/OMR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FAKT/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.
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 FAKT/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 Medifakt and adjust their investment strategies accordingly in the evolving market.

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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.