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SHEN to OMR Converter and calculator

SHEN/OMR: 1 SHEN = 0.3063 OMR. The price of converting 1 Shen (SHEN) to Omani Rial (OMR) is 0.3063 OMR today.
SHEN
SHEN
OMR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SHEN to OMR real-time exchange rates, making it easy to convert Shen (SHEN) to Omani Rial (OMR). The conversion result is based on real-time data. The conversion result shows that 1 SHEN is currently valued at 0.31 OMR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHEN is currently valued at 0.31 OMR, which means buying 5 SHEN would cost 1.53 OMR. Similarly, ر.ع.1 OMR can be converted to 3.26 SHEN, and ر.ع.50 OMR can be converted to 16.32 SHEN, excluding any platform or gas fees.

Convert SHEN to OMR

Convert OMR to SHEN

Shen
Omani Rial
1000 SHEN
306.32  OMR
5000 SHEN
1,531.62  OMR
10000 SHEN
3,063.24  OMR
In the table above, you'll find a comprehensive SHEN to OMR converter that shows the value of Shen in Omani Rial across commonly used conversion amounts. The list covers conversions from 1 SHEN to OMR, all the way up to 10000 SHEN, providing a clear view of their respective values.
Omani Rial
Shen
5000 OMR
16,322.57 SHEN
10000 OMR
32,645.13 SHEN
50000 OMR
163,225.65 SHEN
100000 OMR
326,451.31 SHEN
In the table above, you'll find a comprehensive OMR to SHEN converter that shows the value of Omani Rial in Shen across commonly used conversion amounts. The list covers conversions from 1 OMR to SHEN, all the way up to 100000 OMR, providing a clear view of their respective values.

SHEN to OMR chart

SHEN/OMR: 1 SHEN = 0.3063 OMR; 2025/04/30 03:34:25
In the past 1D, Shen has changed -2.05% to OMR. Based on the trend and price charts, Shen(SHEN) has changed -2.05% to OMR while Omani Rial(OMR) has changed % to SHEN in the last 24 hours.
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SHEN to OMR conversion data: Volatility and price changes of Shen in OMR

The highest Shen price in OMR over the past 7 days was 0.3152 OMR while the lowest Shen price in OMR over the past 7 days was 0.2558 OMR. The relative change between the highs and lows in Shen price in OMR over the last 7 days indicates a volatility of %. You can view additional volatility data and SHEN 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
0.3152 OMR
0.3152 OMR
0.3339 OMR
0.5059 OMR
Low
0.3031 OMR
0.2558 OMR
0.2248 OMR
0.2248 OMR
Average
0 OMR
0 OMR
0 OMR
0 OMR
Volatility
%
%
%
%
Change
-2.05%
+17.68%
-9.90%
-31.97%

Shen information

SHEN to OMR market statistics

SHEN/OMR:
ر.ع.0.3063
SHEN 24h volume:
--
SHEN market cap:
--
SHEN circulating supply:
0 SHEN

Current SHEN to OMR exchange rate

Shen to Omani Rial is rising this week.
Shen's current market price is ر.ع.0.3063 per SHEN, with a total market cap of ر.ع.0 OMR based on a circulating supply of -- SHEN. The trading volume of Shen has changed by 0.00% (ر.ع.0 OMR) in the last 24 hours. Last trading day, SHEN's trading volume was ر.ع.0.

More info about Shen 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 Shen currency pair is the SHEN to OMR, with for Shen's currency code being SHEN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.

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How to convert SHEN to OMR

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SHEN to OMR Conversion tables

The exchange rate of Shen is decreasing.
The exchange rate of 1 SHEN to Omani Rial has changed by +17.68% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.05%, reaching a high of 0.3152 OMR and a low of 0.3031 OMR . One month ago, the value of 1 SHEN was ر.ع.0.3399 OMR , which represents a -9.90% change from its current value. Over the last year, Shen has changed by
+ر.ع.
0.1018OMR
, resulting in a change of +50.02% in its value.
24 hours ago1 month ago1 year ago
Amount03:34 am today24 hours ago24h change
0.5 SHENر.ع.0.1532ر.ع.0.1564
-2.05%
1 SHENر.ع.0.3063ر.ع.0.3127
-2.05%
5 SHENر.ع.1.53ر.ع.1.56
-2.05%
10 SHENر.ع.3.06ر.ع.3.13
-2.05%
50 SHENر.ع.15.32ر.ع.15.64
-2.05%
100 SHENر.ع.30.63ر.ع.31.27
-2.05%
500 SHENر.ع.153.16ر.ع.156.36
-2.05%
1000 SHENر.ع.306.32ر.ع.312.72
-2.05%

SHEN to OMR FAQ

How much is 1 Shen in OMR?
Right now, the price of 1 Shen (SHEN) in Omani Rial (OMR) is ر.ع.0.3063.
How much SHEN can I buy for 1 OMR?
Based on the current exchange rate, you can get 3.26 SHEN for 1 OMR.
How do I calculate or convert SHEN to OMR?
You can use our SHEN to OMR calculator at the top of this page to convert any amount of SHEN to OMR. We've also included quick-reference tables for the most popular conversions. For example, 5 OMR is equivalent to 16.32 SHEN, while 5 SHEN will cost around 1.53OMR.
What is the highest price of SHEN/OMR in history?
The all-time high price of 1 SHEN in OMR is ر.ع.0.6169. It remains to be seen if the value of 1 SHEN/OMR will exceed the current all-time high.
What is the price trend of Shen in OMR?
Over the past 7 days, the exchange rate of Shen (SHEN) has gone up by 17.68%.   Over the last month, the exchange rate of Shen (SHEN) has gone down by 9.90% against Omani Rial (OMR).

What factors influence the conversion rate of SHEN to OMR?

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