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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.17%
New listings on Bitget: Pi Network
BTC/USDT$82919.06 (-1.86%)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 share62.17%
New listings on Bitget: Pi Network
BTC/USDT$82919.06 (-1.86%)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
ROOT
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 The Root Network(ROOT) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 ROOT at a value of 1 ROOT 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 The Root Network currency pair is the ROOT to OMR, with for The Root Network's currency code being ROOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
ROOT to OMR conversion rate trend
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In the past 1D, The Root Network has changed -10.34% to OMR. Based on the trend and price charts, The Root Network(ROOT) has changed -10.34% to OMR while Omani Rial(OMR) has changed % to ROOT in the last 24 hours.
ROOT to OMR market statistics
ROOT/OMR:
ر.ع. 0.002969
ROOT 24h volume:
ر.ع. 773,115.53
ROOT market cap:
ر.ع. 4,295,935.42
ROOT circulating supply:
1.45B ROOT
More info about The Root Network on Bitget
Current ROOT to OMR exchange rate
The Root Network to Omani Rial is falling this week.The Root Network's current market price is ر.ع. 0.002969 per ROOT, with a total market cap of ر.ع. 4,295,935.42 OMR based on a circulating supply of 1,446,820,500 ROOT. The trading volume of The Root Network has changed by +39.05% (ر.ع. 217,106.51 OMR) in the last 24 hours. Last trading day, ROOT's trading volume was ر.ع. 556,009.02.
ROOT to OMR Conversion tables
The exchange rate of The Root Network is decreasing.1 ROOT is currently valued at ر.ع. 0.002969 OMR , which means buying 5 ROOT will cost ر.ع. 0.01485 OMR . Similarly, ر.ع.1 OMR can be traded for 336.79 ROOT, and ر.ع.50 OMR can be converted to 16,839.41 ROOT, excluding any platform or gas fees.
The exchange rate of 1 ROOT to Omani Rial has changed by -13.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by -10.34%, reaching a high of 0.003373 OMR and a low of 0.002958 OMR . One month ago, the value of 1 ROOT was ر.ع. 0.004604 OMR , which represents a -35.54% change from its current value. Over the last year, The Root Network has changed by , resulting in a change of -91.75% in its value.
-ر.ع.
0.03299OMRROOT to OMR
Amount
12:08 today
0.5 ROOT
ر.ع.0.001485
1 ROOT
ر.ع.0.002969
5 ROOT
ر.ع.0.01485
10 ROOT
ر.ع.0.02969
50 ROOT
ر.ع.0.1485
100 ROOT
ر.ع.0.2969
500 ROOT
ر.ع.1.48
1000 ROOT
ر.ع.2.97
OMR to ROOT
Amount12:08 today
0.5OMR168.39 ROOT
1OMR336.79 ROOT
5OMR1,683.94 ROOT
10OMR3,367.88 ROOT
50OMR16,839.41 ROOT
100OMR33,678.82 ROOT
500OMR168,394.12 ROOT
1000OMR336,788.24 ROOT
ROOT to OMR Today vs. 24 hours ago
| Amount | 12:08 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ROOT | ر.ع.0.001485 | ر.ع.0.001656 | -10.34% |
| 1 ROOT | ر.ع.0.002969 | ر.ع.0.003311 | -10.34% |
| 5 ROOT | ر.ع.0.01485 | ر.ع.0.01656 | -10.34% |
| 10 ROOT | ر.ع.0.02969 | ر.ع.0.03311 | -10.34% |
| 50 ROOT | ر.ع.0.1485 | ر.ع.0.1656 | -10.34% |
| 100 ROOT | ر.ع.0.2969 | ر.ع.0.3311 | -10.34% |
| 500 ROOT | ر.ع.1.48 | ر.ع.1.66 | -10.34% |
| 1000 ROOT | ر.ع.2.97 | ر.ع.3.31 | -10.34% |
ROOT to OMR Today vs. 1 month ago
| Amount | 12:08 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ROOT | ر.ع.0.001485 | ر.ع.0.002302 | -35.54% |
| 1 ROOT | ر.ع.0.002969 | ر.ع.0.004604 | -35.54% |
| 5 ROOT | ر.ع.0.01485 | ر.ع.0.02302 | -35.54% |
| 10 ROOT | ر.ع.0.02969 | ر.ع.0.04604 | -35.54% |
| 50 ROOT | ر.ع.0.1485 | ر.ع.0.2302 | -35.54% |
| 100 ROOT | ر.ع.0.2969 | ر.ع.0.4604 | -35.54% |
| 500 ROOT | ر.ع.1.48 | ر.ع.2.3 | -35.54% |
| 1000 ROOT | ر.ع.2.97 | ر.ع.4.6 | -35.54% |
ROOT to OMR Today vs. 1 year ago
| Amount | 12:08 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ROOT | ر.ع.0.001485 | ر.ع.0.01798 | -91.75% |
| 1 ROOT | ر.ع.0.002969 | ر.ع.0.03596 | -91.75% |
| 5 ROOT | ر.ع.0.01485 | ر.ع.0.1798 | -91.75% |
| 10 ROOT | ر.ع.0.02969 | ر.ع.0.3596 | -91.75% |
| 50 ROOT | ر.ع.0.1485 | ر.ع.1.8 | -91.75% |
| 100 ROOT | ر.ع.0.2969 | ر.ع.3.6 | -91.75% |
| 500 ROOT | ر.ع.1.48 | ر.ع.17.98 | -91.75% |
| 1000 ROOT | ر.ع.2.97 | ر.ع.35.96 | -91.75% |
How to convert ROOT to OMR
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Convert ROOT to OMR
Use a variety of payment options to buy The Root Network on Bitget. We'll show you how.
Learn MoreBuy ROOT (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of ROOT with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy ROOT with USDT via Bitget spot market.
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Sell ROOT (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of ROOT to OMR. However, you can first exchange ROOT 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 ROOT to OMR?
There are many factors that affect the relationship between The Root 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 ROOT/OMR. When there is positive news in the market about the widespread adoption of ROOT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ROOT/OMR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ROOT/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 ROOT/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 The Root Network and adjust their investment strategies accordingly in the evolving market.
The Root Network price prediction
What will the price of ROOT be in 2026?
Based on ROOT's historical price performance prediction model, the price of ROOT is projected to reach $0.01114 in 2026.
What will the price of ROOT be in 2031?
In 2031, the ROOT price is expected to change by +8.00%. By the end of 2031, the ROOT price is projected to reach $0.03053, with a cumulative ROI of +283.60%.
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Popular The Root Network Converter
Check out these popular currency conversions of The Root Network to several fiat currencies.
ROOT to TWD
1 ROOT to NT$ 0.2555 TWD
ROOT to OMR
1 ROOT to ر.ع. 0.002969 OMR
ROOT to CNY
1 ROOT to ¥ 0.05627 CNY
ROOT to USD
1 ROOT to $ 0.007714 USD
ROOT to EUR
1 ROOT to € 0.006974 EUR
ROOT to CAD
1 ROOT to $ 0.01089 CAD
ROOT to KRW
1 ROOT to ₩ 11.23 KRW
ROOT to JPY
1 ROOT to ¥ 1.13 JPY
ROOT to GBP
1 ROOT to £ 0.005861 GBP
ROOT to BRL
1 ROOT to R$ 0.04409 BRL
Popular cryptocurrencies to OMR
Explore other cryptocurrencies based on your interest in The Root Network.
BTC to OMR
1 BTC to ر.ع. 31,985.36 OMR
ETH to OMR
1 ETH to ر.ع. 690.97 OMR
SOL to OMR
1 SOL to ر.ع. 44.53 OMR
XRP to OMR
1 XRP to ر.ع. 0.7823 OMR
BIGTIME to OMR
1 BIGTIME to ر.ع. 0.02297 OMR
DOGE to OMR
1 DOGE to ر.ع. 0.06172 OMR
SUI to OMR
1 SUI to ر.ع. 0.8613 OMR
ADA to OMR
1 ADA to ر.ع. 0.2474 OMR
BNB to OMR
1 BNB to ر.ع. 228.26 OMR
RARE to OMR
1 RARE to ر.ع. 0.02690 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 The Root 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 The Root 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 The Root 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.
