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UMA to Omani Rial Converter and calculator

Convert 1UMA (UMA) to Omani Rial (OMR) equals ر.ع. 1.16 | 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 UMA(UMA) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 UMA at a value of 1 UMA for 1.16 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 UMA currency pair is the UMA to OMR, with for UMA's currency code being UMA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.

UMA to OMR conversion rate trend

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In the past 1D, UMA has changed +9.31% to OMR. Based on the trend and price charts, UMA(UMA) has changed +9.31% to OMR while Omani Rial(OMR) has changed % to UMA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ع.1.16
0.0200% / 0.0320%vip-iconVIP 7
Binance
ر.ع.1.16
0.1000% / 0.1000%
Yes
OKX
ر.ع.1.16
0.080% / 0.100%
Yes
Huobi
ر.ع.1.16
0.1000% / 0.1000%
Yes
Gate.io
ر.ع.1.16
0.1000% / 0.1000%
Yes
Bybit
ر.ع.1.16
0.1000% / 0.1000%
Yes
KuCoin
ر.ع.1.16
0.1000% / 0.1000%
Yes
Last updated 2024/11/24 08:00:17(UTC+0)

How to buy UMA

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Buy UMA (UMA)
Use a variety of payment options to buy UMA on Bitget. We'll show you how.

Buy UMA (or USDT) for OMR (Omani Rial) offers

Bitget P2P trading does not currently support direct buying of UMA with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy UMA with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell UMA (or USDT) for OMR (Omani Rial) offers

Bitget P2P trading currently does not support direct selling of UMA to OMR. However, you can first exchange UMA for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of UMA to Omani Rial?

UMA to Omani Rial is rising this week.
UMA's current market price is ر.ع. 1.16 per UMA, with a total market cap of ر.ع. 99,608,263.15 OMR based on a circulating supply of 86,183,560 UMA. The trading volume of UMA has changed by +43.63% (ر.ع. 4,655,806.33 OMR) in the last 24 hours. Last trading day, UMA's trading volume was ر.ع. 10,670,207.49.
Market cap
$258.86M
24h volume
$39.83M
Circulating supply
86.18M UMA

Conversion tables

The exchange rate of UMA is increasing.
1 UMA is currently valued at ر.ع. 1.16 OMR , which means buying 5 UMA will cost ر.ع. 5.78 OMR . Similarly, ر.ع.1 OMR can be traded for 0.8652 UMA, and ر.ع.50 OMR can be converted to 43.26 UMA, excluding any platform or gas fees.
The exchange rate of 1 UMA to Omani Rial has changed by +18.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.31%, reaching a high of 1.18 OMR and a low of 1.04 OMR . One month ago, the value of 1 UMA was ر.ع. 1.09 OMR , which represents a +6.16% change from its current value. Over the last year, UMA has changed by
+ر.ع.
0.04618OMR
, resulting in a change of +59.39% in its value.

UMA to OMR

Amount
10:38 am today
0.5 UMA
ر.ع.0.5779
1 UMA
ر.ع.1.16
5 UMA
ر.ع.5.78
10 UMA
ر.ع.11.56
50 UMA
ر.ع.57.79
100 UMA
ر.ع.115.58
500 UMA
ر.ع.577.88
1000 UMA
ر.ع.1,155.77

OMR to UMA

Amount10:38 am today
0.5OMR0.4326  UMA
1OMR0.8652  UMA
5OMR4.33  UMA
10OMR8.65  UMA
50OMR43.26  UMA
100OMR86.52  UMA
500OMR432.61  UMA
1000OMR865.22  UMA

Today vs. 24 hours ago

Amount10:38 am today24 hours ago24h change
0.5 UMA$1.5$1.37
+9.31%
1 UMA$3$2.75
+9.31%
5 UMA$15.02$13.74
+9.31%
10 UMA$30.04$27.48
+9.31%
50 UMA$150.18$137.38
+9.31%
100 UMA$300.36$274.76
+9.31%
500 UMA$1,501.78$1,373.8
+9.31%
1000 UMA$3,003.56$2,747.6
+9.31%

Today vs. 1 month ago

Amount10:38 am today1 month ago1M change
0.5 UMA$1.5$1.41
+6.16%
1 UMA$3$2.83
+6.16%
5 UMA$15.02$14.15
+6.16%
10 UMA$30.04$28.29
+6.16%
50 UMA$150.18$141.46
+6.16%
100 UMA$300.36$282.93
+6.16%
500 UMA$1,501.78$1,414.63
+6.16%
1000 UMA$3,003.56$2,829.27
+6.16%

Today vs. 1 year ago

Amount10:38 am today1 year ago1Y change
0.5 UMA$1.5$0.9418
+59.39%
1 UMA$3$1.88
+59.39%
5 UMA$15.02$9.42
+59.39%
10 UMA$30.04$18.84
+59.39%
50 UMA$150.18$94.18
+59.39%
100 UMA$300.36$188.36
+59.39%
500 UMA$1,501.78$941.78
+59.39%
1000 UMA$3,003.56$1,883.56
+59.39%

UMA price prediction

What will the price of UMA be in 2025?

Based on UMA's historical price performance prediction model, the price of UMA is projected to reach $2.76 in 2025.

What will the price of UMA be in 2030?

In 2030, the UMA price is expected to change by +5.00%. By the end of 2030, the UMA price is projected to reach $5.1, with a cumulative ROI of +96.42%.

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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 UMA 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 UMA 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 UMA 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.