RED
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 RED TOKEN(RED) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 RED at a value of 1 RED 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 RED TOKEN currency pair is the RED to OMR, with for RED TOKEN's currency code being RED. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
RED to OMR conversion rate trend
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In the past 1D, RED TOKEN has changed -9.22% to OMR. Based on the trend and price charts, RED TOKEN(RED) has changed -9.22% to OMR while Omani Rial(OMR) has changed % to RED in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ع.0.{5}2287 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ر.ع.0.{5}1090 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/03 16:00:16(UTC+0)
How to buy RED TOKEN
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy RED TOKEN (RED)
Use a variety of payment options to buy RED TOKEN on Bitget. We'll show you how.
Buy RED (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of RED with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy RED with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell RED (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of RED to OMR. However, you can first exchange RED 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 RED TOKEN to Omani Rial?
RED TOKEN to Omani Rial is rising this week.RED TOKEN's current market price is ر.ع. 0.{5}1037 per RED, with a total market cap of ر.ع. 6,741.02 OMR based on a circulating supply of 6,500,834,300 RED. The trading volume of RED TOKEN has changed by -34.05% (ر.ع. -7,099.08 OMR) in the last 24 hours. Last trading day, RED's trading volume was ر.ع. 20,850.28.
Market cap
$17.51K
24h volume
$35.72K
Circulating supply
6.50B RED
Conversion tables
The exchange rate of RED TOKEN is increasing.1 RED is currently valued at ر.ع. 0.{5}1037 OMR , which means buying 5 RED will cost ر.ع. 0.{5}5185 OMR . Similarly, ر.ع.1 OMR can be traded for 964,369.24 RED, and ر.ع.50 OMR can be converted to 48,218,461.93 RED, excluding any platform or gas fees.
The exchange rate of 1 RED to Omani Rial has changed by +8.26% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.22%, reaching a high of 0.{5}1267 OMR and a low of 0.{5}1030 OMR . One month ago, the value of 1 RED was ر.ع. 0.{6}9186 OMR , which represents a +12.92% change from its current value. Over the last year, RED TOKEN has changed by , resulting in a change of -59.41% in its value.
-ر.ع.
0.{5}1514OMRRED to OMR
Amount
19:17 today
0.5 RED
ر.ع.0.{6}5185
1 RED
ر.ع.0.{5}1037
5 RED
ر.ع.0.{5}5185
10 RED
ر.ع.0.{4}1037
50 RED
ر.ع.0.{4}5185
100 RED
ر.ع.0.0001037
500 RED
ر.ع.0.0005185
1000 RED
ر.ع.0.001037
OMR to RED
Amount19:17 today
0.5OMR482,184.62 RED
1OMR964,369.24 RED
5OMR4,821,846.19 RED
10OMR9,643,692.39 RED
50OMR48,218,461.93 RED
100OMR96,436,923.85 RED
500OMR482,184,619.27 RED
1000OMR964,369,238.55 RED
Today vs. 24 hours ago
| Amount | 19:17 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RED | $0.{5}1347 | $0.{5}1483 | -9.22% |
| 1 RED | $0.{5}2693 | $0.{5}2966 | -9.22% |
| 5 RED | $0.{4}1347 | $0.{4}1483 | -9.22% |
| 10 RED | $0.{4}2693 | $0.{4}2966 | -9.22% |
| 50 RED | $0.0001347 | $0.0001483 | -9.22% |
| 100 RED | $0.0002693 | $0.0002966 | -9.22% |
| 500 RED | $0.001347 | $0.001483 | -9.22% |
| 1000 RED | $0.002693 | $0.002966 | -9.22% |
Today vs. 1 month ago
| Amount | 19:17 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RED | $0.{5}1347 | $0.{5}1193 | +12.92% |
| 1 RED | $0.{5}2693 | $0.{5}2386 | +12.92% |
| 5 RED | $0.{4}1347 | $0.{4}1193 | +12.92% |
| 10 RED | $0.{4}2693 | $0.{4}2386 | +12.92% |
| 50 RED | $0.0001347 | $0.0001193 | +12.92% |
| 100 RED | $0.0002693 | $0.0002386 | +12.92% |
| 500 RED | $0.001347 | $0.001193 | +12.92% |
| 1000 RED | $0.002693 | $0.002386 | +12.92% |
Today vs. 1 year ago
| Amount | 19:17 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RED | $0.{5}1347 | $0.{5}3312 | -59.41% |
| 1 RED | $0.{5}2693 | $0.{5}6625 | -59.41% |
| 5 RED | $0.{4}1347 | $0.{4}3312 | -59.41% |
| 10 RED | $0.{4}2693 | $0.{4}6625 | -59.41% |
| 50 RED | $0.0001347 | $0.0003312 | -59.41% |
| 100 RED | $0.0002693 | $0.0006625 | -59.41% |
| 500 RED | $0.001347 | $0.003312 | -59.41% |
| 1000 RED | $0.002693 | $0.006625 | -59.41% |
RED TOKEN price prediction
What will the price of RED be in 2025?
Based on RED's historical price performance prediction model, the price of RED is projected to reach $0.{5}3516 in 2025.
What will the price of RED be in 2030?
In 2030, the RED price is expected to change by +2.00%. By the end of 2030, the RED price is projected to reach $0.{5}5733, with a cumulative ROI of +91.92%.
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Popular RED TOKEN conversions
Check out these popular currency conversions of RED TOKEN to several fiat currencies.
RED TOKEN to USD
1 RED to $ 0.{5}2693 USD
RED TOKEN to GBP
1 RED to £ 0.{5}2122 GBP
RED TOKEN to EUR
1 RED to € 0.{5}2559 EUR
RED TOKEN to KRW
1 RED to ₩ 0.003819 KRW
RED TOKEN to CAD
1 RED to $ 0.{5}3786 CAD
RED TOKEN to AUD
1 RED to $ 0.{5}4150 AUD
RED TOKEN to JPY
1 RED to ¥ 0.0004013 JPY
RED TOKEN to BRL
1 RED to R$ 0.{4}1631 BRL
RED TOKEN to CNY
1 RED to ¥ 0.{4}1963 CNY
RED TOKEN to TWD
1 RED to NT$ 0.{4}8765 TWD
Popular cryptocurrencies to OMR
Explore other cryptocurrencies based on your interest in RED TOKEN.
XRP to OMR
1 XRP to ر.ع. 0.9705 OMR
Baby Shiro Neko to OMR
1 BABYSHIRO to ر.ع. -- OMR
SolarX to OMR
1 SXCH to ر.ع. 0.01305 OMR
Bitcoin to OMR
1 BTC to ر.ع. 36,673.99 OMR
EGO to OMR
1 EGO to ر.ع. 0.009640 OMR
Solana to OMR
1 SOL to ر.ع. 87.12 OMR
Moo Deng (moodengsol.com) to OMR
1 MOODENG to ر.ع. 0.2104 OMR
Stellar to OMR
1 XLM to ر.ع. 0.1948 OMR
Orderly Network to OMR
1 ORDER to ر.ع. -- OMR
Cardano to OMR
1 ADA to ر.ع. 0.4565 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 RED TOKEN 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 RED TOKEN 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 RED TOKEN 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.
