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IOTA to Omani Rial Converter and calculator

Convert 1IOTA (IOTA) to Omani Rial (OMR) equals ر.ع. 0.08872 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of IOTA(IOTA) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 IOTA at a value of 1 IOTA for 0.09 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.

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

IOTA to OMR conversion rate trend

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In the past 1D, IOTA has changed +2.76% to OMR. Based on the trend and price charts, IOTA(IOTA) has changed +2.76% to OMR while Omani Rial(OMR) has changed % to IOTA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ع.0.08872
0.0001% / 0.0004%vip-iconVIP
Binance
ر.ع.0.08814
0.1000% / 0.1000%
Yes
OKX
ر.ع.0.08810
0.080% / 0.100%
Yes
Huobi
ر.ع.0.09557
0.1000% / 0.1000%
Yes
Gate.io
ر.ع.0.08814
0.1000% / 0.1000%
Yes
KuCoin
ر.ع.0.08814
0.1000% / 0.1000%
Yes
Last updated 2024/05/27 13:00:17(UTC+0)

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

IOTA to Omani Rial is rising this week.
IOTA's current market price is ر.ع. 0.08872 per IOTA, with a total market cap of ر.ع. 289,906,883.78 OMR based on a circulating supply of 3,267,780,900 IOTA. The trading volume of IOTA has changed by +2.13% (ر.ع. 93,361.52 OMR) in the last 24 hours. Last trading day, IOTA's trading volume was ر.ع. 4,393,276.55.
Market cap
$753.20M
24h volume
$11.66M
Circulating supply
3.27B IOTA

Conversion tables

The exchange rate of IOTA is increasing.
1 IOTA is currently valued at ر.ع. 0.08872 OMR , which means buying 5 IOTA will cost ر.ع. 0.4436 OMR . Similarly, ر.ع.1 OMR can be traded for 11.27 IOTA, and ر.ع.50 OMR can be converted to 563.59 IOTA, excluding any platform or gas fees.
The exchange rate of 1 IOTA to Omani Rial has changed by +7.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.76%, reaching a high of 0.08905 OMR and a low of 0.08586 OMR . One month ago, the value of 1 IOTA was ر.ع. 0.08813 OMR , which represents a +0.66% change from its current value. Over the last year, IOTA has changed by
+ر.ع.
0.01137OMR
, resulting in a change of +14.63% in its value.

IOTA to OMR

Amount
13:24 today
0.5 IOTA
ر.ع.0.04436
1 IOTA
ر.ع.0.08872
5 IOTA
ر.ع.0.4436
10 IOTA
ر.ع.0.8872
50 IOTA
ر.ع.4.44
100 IOTA
ر.ع.8.87
500 IOTA
ر.ع.44.36
1000 IOTA
ر.ع.88.72

OMR to IOTA

Amount13:24 today
0.5OMR5.64  IOTA
1OMR11.27  IOTA
5OMR56.36  IOTA
10OMR112.72  IOTA
50OMR563.59  IOTA
100OMR1,127.18  IOTA
500OMR5,635.91  IOTA
1000OMR11,271.83  IOTA
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Today vs. 24 hours ago

Amount13:24 today24 hours ago24h change
0.5 IOTA$0.1152$0.1121
+2.76%
1 IOTA$0.2305$0.2243
+2.76%
5 IOTA$1.15$1.12
+2.76%
10 IOTA$2.3$2.24
+2.76%
50 IOTA$11.52$11.21
+2.76%
100 IOTA$23.05$22.43
+2.76%
500 IOTA$115.25$112.14
+2.76%
1000 IOTA$230.49$224.27
+2.76%

Today vs. 1 month ago

Amount13:24 today1 month ago1M change
0.5 IOTA$0.1152$0.1145
+0.66%
1 IOTA$0.2305$0.2290
+0.66%
5 IOTA$1.15$1.14
+0.66%
10 IOTA$2.3$2.29
+0.66%
50 IOTA$11.52$11.45
+0.66%
100 IOTA$23.05$22.9
+0.66%
500 IOTA$115.25$114.49
+0.66%
1000 IOTA$230.49$228.97
+0.66%
Buy IOTA for 1 OMR
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Today vs. 1 year ago

Amount13:24 today1 year ago1Y change
0.5 IOTA$0.1152$0.1005
+14.63%
1 IOTA$0.2305$0.2010
+14.63%
5 IOTA$1.15$1
+14.63%
10 IOTA$2.3$2.01
+14.63%
50 IOTA$11.52$10.05
+14.63%
100 IOTA$23.05$20.1
+14.63%
500 IOTA$115.25$100.48
+14.63%
1000 IOTA$230.49$200.96
+14.63%

IOTA price prediction

What will the price of IOTA be in 2025?

Based on IOTA's historical price performance prediction model, the price of IOTA is projected to reach $0.3060 in 2025.

What will the price of IOTA be in 2030?

In 2030, the IOTA price is expected to rise by +2.00%. By the end of 2030, the IOTA price is projected to reach $0.6444, with a cumulative ROI of +179.56%.
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