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base info Injective

Injective to Omani Rial Converter and calculator

Convert 1Injective (INJ) to Omani Rial (OMR) equals ر.ع. 10.94 | Bitget

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.

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Bitget crypto-to-fiat exchange data shows that the most popular Injective currency pair is the INJ to OMR, with for Injective's currency code being INJ. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.

INJ to OMR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Injective has changed +12.92% to OMR. Based on the trend and price charts, Injective(INJ) has changed +12.92% to OMR while Omani Rial(OMR) has changed % to INJ in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ع.10.95
0.0001% / 0.0004%vip-iconVIP
Binance
ر.ع.10.98
0.1000% / 0.1000%
Yes
OKX
ر.ع.10.98
0.080% / 0.100%
Yes
Huobi
ر.ع.10.99
0.1000% / 0.1000%
Yes
Gate.io
ر.ع.11.02
0.1000% / 0.1000%
Yes
Bybit
ر.ع.10.96
0.1000% / 0.1000%
Yes
KuCoin
ر.ع.10.98
0.1000% / 0.1000%
Yes
Bitfinex
ر.ع.10.13
0.1000% / 0.1000%
Yes
Last updated 2024/04/18 16:00:39(UTC+0)

What factors influence the conversion rate of Injective to Omani Rial?

Injective to Omani Rial is falling this week.
Injective's current market price is ر.ع. 10.94 per INJ, with a total market cap of ر.ع. 1,021,691,359.36 OMR based on a circulating supply of 93,400,000 INJ. The trading volume of Injective has changed by +61.48% (ر.ع. 35,144,932.03 OMR) in the last 24 hours. Last trading day, INJ's trading volume was ر.ع. 57,167,331.74.
Market cap
$2.66B
24h volume
$239.90M
Circulating supply
93.40M INJ

Conversion tables

The exchange rate of Injective is decreasing.
1 INJ is currently valued at ر.ع. 10.94 OMR , which means buying 5 INJ will cost ر.ع. 54.69 OMR . Similarly, ر.ع.1 OMR can be traded for 0.09142 INJ, and ر.ع.50 OMR can be converted to 4.57 INJ, excluding any platform or gas fees.
The exchange rate of 1 INJ to Omani Rial has changed by -11.44% in the last 7 days. In the last 24 hours, the rate has fluctuated by +12.92%, reaching a high of 11.1 OMR and a low of 9.55 OMR . One month ago, the value of 1 INJ was ر.ع. 14.29 OMR , which represents a -23.37% change from its current value. Over the last year, Injective has changed by
+ر.ع.
3.67OMR
, resulting in a change of +217.14% in its value.

INJ to OMR

Amount
16:14 today
0.5 INJ
ر.ع.5.47
1 INJ
ر.ع.10.94
5 INJ
ر.ع.54.69
10 INJ
ر.ع.109.39
50 INJ
ر.ع.546.94
100 INJ
ر.ع.1,093.89
500 INJ
ر.ع.5,469.44
1000 INJ
ر.ع.10,938.88

OMR to INJ

Amount16:14 today
0.5OMR0.04571  INJ
1OMR0.09142  INJ
5OMR0.4571  INJ
10OMR0.9142  INJ
50OMR4.57  INJ
100OMR9.14  INJ
500OMR45.71  INJ
1000OMR91.42  INJ
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Today vs. 24 hours ago

Amount16:14 today24 hours ago24h change
0.5 INJ$14.21$12.58
+12.92%
1 INJ$28.43$25.16
+12.92%
5 INJ$142.14$125.82
+12.92%
10 INJ$284.27$251.64
+12.92%
50 INJ$1,421.37$1,258.21
+12.92%
100 INJ$2,842.74$2,516.42
+12.92%
500 INJ$14,213.72$12,582.08
+12.92%
1000 INJ$28,427.44$25,164.16
+12.92%

Today vs. 1 month ago

Amount16:14 today1 month ago1M change
0.5 INJ$14.21$18.56
-23.37%
1 INJ$28.43$37.12
-23.37%
5 INJ$142.14$185.62
-23.37%
10 INJ$284.27$371.24
-23.37%
50 INJ$1,421.37$1,856.22
-23.37%
100 INJ$2,842.74$3,712.44
-23.37%
500 INJ$14,213.72$18,562.18
-23.37%
1000 INJ$28,427.44$37,124.37
-23.37%

Today vs. 1 year ago

Amount16:14 today1 year ago1Y change
0.5 INJ$14.21$4.45
+217.14%
1 INJ$28.43$8.9
+217.14%
5 INJ$142.14$44.49
+217.14%
10 INJ$284.27$88.97
+217.14%
50 INJ$1,421.37$444.86
+217.14%
100 INJ$2,842.74$889.73
+217.14%
500 INJ$14,213.72$4,448.63
+217.14%
1000 INJ$28,427.44$8,897.26
+217.14%

FAQ

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