LAB
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 The Professor(LAB) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 LAB at a value of 1 LAB 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 The Professor currency pair is the LAB to OMR, with for The Professor's currency code being LAB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
LAB to OMR conversion rate trend
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In the past 1D, The Professor has changed +2.71% to OMR. Based on the trend and price charts, The Professor(LAB) has changed +2.71% to OMR while Omani Rial(OMR) has changed % to LAB in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ع.0.0006267 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/22 16:32:41(UTC+0)
How to buy The Professor
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Buy The Professor (LAB)
Use a variety of payment options to buy The Professor on Bitget. We'll show you how.
Buy LAB (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of LAB with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy LAB 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 LAB (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of LAB to OMR. However, you can first exchange LAB 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 The Professor to Omani Rial?
The Professor to Omani Rial is rising this week.The Professor's current market price is ر.ع. 0.0006257 per LAB, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- LAB. The trading volume of The Professor has changed by +78.39% (ر.ع. 7,103.47 OMR) in the last 24 hours. Last trading day, LAB's trading volume was ر.ع. 9,061.94.
Market cap
$0
24h volume
$42.00K
Circulating supply
0 LAB
Conversion tables
The exchange rate of The Professor is increasing.1 LAB is currently valued at ر.ع. 0.0006257 OMR , which means buying 5 LAB will cost ر.ع. 0.003128 OMR . Similarly, ر.ع.1 OMR can be traded for 1,598.24 LAB, and ر.ع.50 OMR can be converted to 79,912.12 LAB, excluding any platform or gas fees.
The exchange rate of 1 LAB to Omani Rial has changed by +11.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.71%, reaching a high of 0.0006662 OMR and a low of 0.0006039 OMR . One month ago, the value of 1 LAB was ر.ع. 0.0005122 OMR , which represents a +22.15% change from its current value. Over the last year, The Professor has changed by , resulting in a change of -57.36% in its value.
+ر.ع.
0.0006257OMRLAB to OMR
Amount
17:53 today
0.5 LAB
ر.ع.0.0003128
1 LAB
ر.ع.0.0006257
5 LAB
ر.ع.0.003128
10 LAB
ر.ع.0.006257
50 LAB
ر.ع.0.03128
100 LAB
ر.ع.0.06257
500 LAB
ر.ع.0.3128
1000 LAB
ر.ع.0.6257
OMR to LAB
Amount17:53 today
0.5OMR799.12 LAB
1OMR1,598.24 LAB
5OMR7,991.21 LAB
10OMR15,982.42 LAB
50OMR79,912.12 LAB
100OMR159,824.25 LAB
500OMR799,121.25 LAB
1000OMR1,598,242.49 LAB
Today vs. 24 hours ago
| Amount | 17:53 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LAB | $0.0008128 | $0.0007913 | +2.71% |
| 1 LAB | $0.001626 | $0.001583 | +2.71% |
| 5 LAB | $0.008128 | $0.007913 | +2.71% |
| 10 LAB | $0.01626 | $0.01583 | +2.71% |
| 50 LAB | $0.08128 | $0.07913 | +2.71% |
| 100 LAB | $0.1626 | $0.1583 | +2.71% |
| 500 LAB | $0.8128 | $0.7913 | +2.71% |
| 1000 LAB | $1.63 | $1.58 | +2.71% |
Today vs. 1 month ago
| Amount | 17:53 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LAB | $0.0008128 | $0.0006654 | +22.15% |
| 1 LAB | $0.001626 | $0.001331 | +22.15% |
| 5 LAB | $0.008128 | $0.006654 | +22.15% |
| 10 LAB | $0.01626 | $0.01331 | +22.15% |
| 50 LAB | $0.08128 | $0.06654 | +22.15% |
| 100 LAB | $0.1626 | $0.1331 | +22.15% |
| 500 LAB | $0.8128 | $0.6654 | +22.15% |
| 1000 LAB | $1.63 | $1.33 | +22.15% |
Today vs. 1 year ago
| Amount | 17:53 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LAB | $0.0008128 | $0.00 | -57.36% |
| 1 LAB | $0.001626 | $0.00 | -57.36% |
| 5 LAB | $0.008128 | $0.00 | -57.36% |
| 10 LAB | $0.01626 | $0.00 | -57.36% |
| 50 LAB | $0.08128 | $0.00 | -57.36% |
| 100 LAB | $0.1626 | $0.00 | -57.36% |
| 500 LAB | $0.8128 | $0.00 | -57.36% |
| 1000 LAB | $1.63 | $0.00 | -57.36% |
The Professor price prediction
What will the price of LAB be in 2025?
Based on LAB's historical price performance prediction model, the price of LAB is projected to reach $0.002601 in 2025.
What will the price of LAB be in 2030?
In 2030, the LAB price is expected to change by -15.00%. By the end of 2030, the LAB price is projected to reach $0.002460, with a cumulative ROI of +63.39%.
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Popular The Professor conversions
Check out these popular currency conversions of The Professor to several fiat currencies.
The Professor to USD
1 LAB to $ 0.001626 USD
The Professor to GBP
1 LAB to £ 0.001298 GBP
The Professor to EUR
1 LAB to € 0.001562 EUR
The Professor to KRW
1 LAB to ₩ 2.29 KRW
The Professor to CAD
1 LAB to $ 0.002273 CAD
The Professor to AUD
1 LAB to $ 0.002505 AUD
The Professor to JPY
1 LAB to ¥ 0.2517 JPY
The Professor to BRL
1 LAB to R$ 0.009437 BRL
The Professor to CNY
1 LAB to ¥ 0.01179 CNY
The Professor to TWD
1 LAB to NT$ 0.05297 TWD
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1 XLM to ر.ع. 0.1192 OMR
Solana to OMR
1 SOL to ر.ع. 98.07 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 The Professor 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 The Professor 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 The Professor 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.
