REN
OMR
Last updated 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 Ren(REN) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 REN at a value of 1 REN for 0.02 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 Ren currency pair is the REN to OMR, with for Ren's currency code being REN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
REN to OMR conversion rate trend
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In the past 1D, Ren has changed -3.96% to OMR. Based on the trend and price charts, Ren(REN) has changed -3.96% to OMR while Omani Rial(OMR) has changed % to REN in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ع.0.01532 | 0.0200% / 0.0320%  VIP 7 | |
Binance | ر.ع.0.01539 | 0.1000% / 0.1000% | Yes |
OKX | ر.ع.0.01398 | 0.080% / 0.100% | Yes |
Huobi | ر.ع.0.01533 | 0.1000% / 0.1000% | Yes |
Gate.io | ر.ع.0.01531 | 0.1000% / 0.1000% | Yes |
Bybit | ر.ع.0.01525 | 0.1000% / 0.1000% | Yes |
KuCoin | ر.ع.0.01532 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/28 00:00:24(UTC+0)
How to buy Ren
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Buy Ren (REN)
Use a variety of payment options to buy Ren on Bitget. We'll show you how.
Learn MoreBuy REN (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of REN with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy REN with USDT via Bitget spot market.
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Sell REN (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of REN to OMR. However, you can first exchange REN for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Ren to Omani Rial?
Ren to Omani Rial is rising this week.Ren's current market price is ر.ع. 0.01555 per REN, with a total market cap of ر.ع. 15,532,373.69 OMR based on a circulating supply of 999,127,500 REN. The trading volume of Ren has changed by -71.50% (ر.ع. -24,259,795.10 OMR) in the last 24 hours. Last trading day, REN's trading volume was ر.ع. 33,929,213.91.
Market cap
$40.35M
24h volume
$25.12M
Circulating supply
999.13M REN
Conversion tables
The exchange rate of Ren is increasing.1 REN is currently valued at ر.ع. 0.01555 OMR , which means buying 5 REN will cost ر.ع. 0.07773 OMR . Similarly, ر.ع.1 OMR can be traded for 64.33 REN, and ر.ع.50 OMR can be converted to 3,216.27 REN, excluding any platform or gas fees.
The exchange rate of 1 REN to Omani Rial has changed by +7.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.96%, reaching a high of 0.01644 OMR and a low of 0.01490 OMR . One month ago, the value of 1 REN was ر.ع. 0.01370 OMR , which represents a +13.46% change from its current value. Over the last year, Ren has changed by , resulting in a change of -32.91% in its value.
-ر.ع.
0.007628OMRREN to OMR
Amount
04:03 am today
0.5 REN
ر.ع.0.007773
1 REN
ر.ع.0.01555
5 REN
ر.ع.0.07773
10 REN
ر.ع.0.1555
50 REN
ر.ع.0.7773
100 REN
ر.ع.1.55
500 REN
ر.ع.7.77
1000 REN
ر.ع.15.55
OMR to REN
Amount04:03 am today
0.5OMR32.16 REN
1OMR64.33 REN
5OMR321.63 REN
10OMR643.25 REN
50OMR3,216.27 REN
100OMR6,432.55 REN
500OMR32,162.74 REN
1000OMR64,325.49 REN
Today vs. 24 hours ago
| Amount | 04:03 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 REN | $0.02019 | $0.02103 | -3.96% |
| 1 REN | $0.04039 | $0.04205 | -3.96% |
| 5 REN | $0.2019 | $0.2103 | -3.96% |
| 10 REN | $0.4039 | $0.4205 | -3.96% |
| 50 REN | $2.02 | $2.1 | -3.96% |
| 100 REN | $4.04 | $4.21 | -3.96% |
| 500 REN | $20.19 | $21.03 | -3.96% |
| 1000 REN | $40.39 | $42.05 | -3.96% |
Today vs. 1 month ago
| Amount | 04:03 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 REN | $0.02019 | $0.01780 | +13.46% |
| 1 REN | $0.04039 | $0.03560 | +13.46% |
| 5 REN | $0.2019 | $0.1780 | +13.46% |
| 10 REN | $0.4039 | $0.3560 | +13.46% |
| 50 REN | $2.02 | $1.78 | +13.46% |
| 100 REN | $4.04 | $3.56 | +13.46% |
| 500 REN | $20.19 | $17.8 | +13.46% |
| 1000 REN | $40.39 | $35.6 | +13.46% |
Today vs. 1 year ago
| Amount | 04:03 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 REN | $0.02019 | $0.03010 | -32.91% |
| 1 REN | $0.04039 | $0.06021 | -32.91% |
| 5 REN | $0.2019 | $0.3010 | -32.91% |
| 10 REN | $0.4039 | $0.6021 | -32.91% |
| 50 REN | $2.02 | $3.01 | -32.91% |
| 100 REN | $4.04 | $6.02 | -32.91% |
| 500 REN | $20.19 | $30.1 | -32.91% |
| 1000 REN | $40.39 | $60.21 | -32.91% |
Ren price prediction
What will the price of REN be in 2025?
Based on REN's historical price performance prediction model, the price of REN is projected to reach $0.08538 in 2025.
What will the price of REN be in 2030?
In 2030, the REN price is expected to change by 0.00%. By the end of 2030, the REN price is projected to reach $0.1322, with a cumulative ROI of +143.48%.
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Popular Ren conversions
Check out these popular currency conversions of Ren to several fiat currencies.
Ren to USD
1 REN to $ 0.04039 USD
Ren to GBP
1 REN to £ 0.03189 GBP
Ren to EUR
1 REN to € 0.03829 EUR
Ren to KRW
1 REN to ₩ 56.36 KRW
Ren to CAD
1 REN to $ 0.05663 CAD
Ren to AUD
1 REN to $ 0.06217 AUD
Ren to JPY
1 REN to ¥ 6.13 JPY
Ren to BRL
1 REN to R$ 0.2398 BRL
Ren to CNY
1 REN to ¥ 0.2929 CNY
Ren to TWD
1 REN to NT$ 1.31 TWD
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1 EGO to ر.ع. 0.008300 OMR
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1 XRP to ر.ع. 0.5640 OMR
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1 SUI to ر.ع. 1.34 OMR
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1 DOGE to ر.ع. 0.1580 OMR
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1 PEPE to ر.ع. 0.{5}7554 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 Ren 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 Ren 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 Ren 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.
