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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.97%
New listings on Bitget: Pi Network
BTC/USDT$81585.42 (-5.59%)Fear and Greed Index25(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow +$218.1M (1D); +$111.9M (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 share61.97%
New listings on Bitget: Pi Network
BTC/USDT$81585.42 (-5.59%)Fear and Greed Index25(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow +$218.1M (1D); +$111.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
SHEN
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 Shen(SHEN) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 SHEN at a value of 1 SHEN for 0.27 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 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.
SHEN to OMR conversion rate trend
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In the past 1D, Shen has changed -9.50% to OMR. Based on the trend and price charts, Shen(SHEN) has changed -9.50% to OMR while Omani Rial(OMR) has changed % to SHEN in the last 24 hours.
SHEN to OMR market statistics
SHEN/OMR:
ر.ع. 0.2705
SHEN 24h volume:
--
SHEN market cap:
--
SHEN circulating supply:
0 SHEN
More info about Shen on Bitget
Current SHEN to OMR exchange rate
Shen to Omani Rial is falling this week.Shen's current market price is ر.ع. 0.2705 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.
SHEN to OMR Conversion tables
The exchange rate of Shen is decreasing.1 SHEN is currently valued at ر.ع. 0.2705 OMR , which means buying 5 SHEN will cost ر.ع. 1.35 OMR . Similarly, ر.ع.1 OMR can be traded for 3.7 SHEN, and ر.ع.50 OMR can be converted to 184.83 SHEN, excluding any platform or gas fees.
The exchange rate of 1 SHEN to Omani Rial has changed by -16.30% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.50%, reaching a high of 0.2989 OMR and a low of 0.2683 OMR . One month ago, the value of 1 SHEN was ر.ع. 0.4073 OMR , which represents a -33.58% change from its current value. Over the last year, Shen has changed by , resulting in a change of +0.52% in its value.
+ر.ع.
0.001404OMRSHEN to OMR
Amount
18:19 today
0.5 SHEN
ر.ع.0.1353
1 SHEN
ر.ع.0.2705
5 SHEN
ر.ع.1.35
10 SHEN
ر.ع.2.71
50 SHEN
ر.ع.13.53
100 SHEN
ر.ع.27.05
500 SHEN
ر.ع.135.26
1000 SHEN
ر.ع.270.51
OMR to SHEN
Amount18:19 today
0.5OMR1.85 SHEN
1OMR3.7 SHEN
5OMR18.48 SHEN
10OMR36.97 SHEN
50OMR184.83 SHEN
100OMR369.67 SHEN
500OMR1,848.34 SHEN
1000OMR3,696.68 SHEN
SHEN to OMR Today vs. 24 hours ago
| Amount | 18:19 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SHEN | ر.ع.0.1353 | ر.ع.0.1495 | -9.50% |
| 1 SHEN | ر.ع.0.2705 | ر.ع.0.2989 | -9.50% |
| 5 SHEN | ر.ع.1.35 | ر.ع.1.49 | -9.50% |
| 10 SHEN | ر.ع.2.71 | ر.ع.2.99 | -9.50% |
| 50 SHEN | ر.ع.13.53 | ر.ع.14.95 | -9.50% |
| 100 SHEN | ر.ع.27.05 | ر.ع.29.89 | -9.50% |
| 500 SHEN | ر.ع.135.26 | ر.ع.149.46 | -9.50% |
| 1000 SHEN | ر.ع.270.51 | ر.ع.298.91 | -9.50% |
SHEN to OMR Today vs. 1 month ago
| Amount | 18:19 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SHEN | ر.ع.0.1353 | ر.ع.0.2036 | -33.58% |
| 1 SHEN | ر.ع.0.2705 | ر.ع.0.4073 | -33.58% |
| 5 SHEN | ر.ع.1.35 | ر.ع.2.04 | -33.58% |
| 10 SHEN | ر.ع.2.71 | ر.ع.4.07 | -33.58% |
| 50 SHEN | ر.ع.13.53 | ر.ع.20.36 | -33.58% |
| 100 SHEN | ر.ع.27.05 | ر.ع.40.73 | -33.58% |
| 500 SHEN | ر.ع.135.26 | ر.ع.203.64 | -33.58% |
| 1000 SHEN | ر.ع.270.51 | ر.ع.407.28 | -33.58% |
SHEN to OMR Today vs. 1 year ago
| Amount | 18:19 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SHEN | ر.ع.0.1353 | ر.ع.0.1346 | +0.52% |
| 1 SHEN | ر.ع.0.2705 | ر.ع.0.2691 | +0.52% |
| 5 SHEN | ر.ع.1.35 | ر.ع.1.35 | +0.52% |
| 10 SHEN | ر.ع.2.71 | ر.ع.2.69 | +0.52% |
| 50 SHEN | ر.ع.13.53 | ر.ع.13.46 | +0.52% |
| 100 SHEN | ر.ع.27.05 | ر.ع.26.91 | +0.52% |
| 500 SHEN | ر.ع.135.26 | ر.ع.134.55 | +0.52% |
| 1000 SHEN | ر.ع.270.51 | ر.ع.269.11 | +0.52% |
How to convert SHEN 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 SHEN to OMR
Use a variety of payment options to buy Shen on Bitget. We'll show you how.
Buy SHEN (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of SHEN with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy SHEN with USDT via Bitget spot market.
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Sell SHEN (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of SHEN to OMR. However, you can first exchange SHEN 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 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.
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.
Shen price prediction
What will the price of SHEN be in 2026?
Based on SHEN's historical price performance prediction model, the price of SHEN is projected to reach $0.7565 in 2026.
What will the price of SHEN be in 2031?
In 2031, the SHEN price is expected to change by +15.00%. By the end of 2031, the SHEN price is projected to reach $1.07, with a cumulative ROI of +45.10%.
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Popular Shen Converter
Check out these popular currency conversions of Shen to several fiat currencies.
SHEN to TWD
1 SHEN to NT$ 23.24 TWD
SHEN to OMR
1 SHEN to ر.ع. 0.2705 OMR
SHEN to CNY
1 SHEN to ¥ 5.12 CNY
SHEN to USD
1 SHEN to $ 0.7028 USD
SHEN to EUR
1 SHEN to € 0.6371 EUR
SHEN to CAD
1 SHEN to $ 0.9889 CAD
SHEN to KRW
1 SHEN to ₩ 1,020.32 KRW
SHEN to JPY
1 SHEN to ¥ 102.73 JPY
SHEN to GBP
1 SHEN to £ 0.5364 GBP
SHEN to BRL
1 SHEN to R$ 3.94 BRL
Popular cryptocurrencies to OMR
Explore other cryptocurrencies based on your interest in Shen.
ETH to OMR
1 ETH to ر.ع. 682.15 OMR
SOL to OMR
1 SOL to ر.ع. 43.96 OMR
XRP to OMR
1 XRP to ر.ع. 0.7770 OMR
BTC to OMR
1 BTC to ر.ع. 31,487.01 OMR
PI to OMR
1 PI to ر.ع. 0.2168 OMR
BNB to OMR
1 BNB to ر.ع. 225.85 OMR
TRUMP to OMR
1 TRUMP to ر.ع. 3.47 OMR
ADA to OMR
1 ADA to ر.ع. 0.2429 OMR
DOGE to OMR
1 DOGE to ر.ع. 0.06062 OMR
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1 SUI to ر.ع. 0.8507 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 Shen 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 Shen 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 Shen 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.
