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Umbrella Network to Omani Rial Converter and calculator

Convert 1Umbrella Network (UMB) to Omani Rial (OMR) equals ر.ع. 0.003457 | 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 Umbrella Network(UMB) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 UMB at a value of 1 UMB 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.

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

UMB to OMR conversion rate trend

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In the past 1D, Umbrella Network has changed -0.39% to OMR. Based on the trend and price charts, Umbrella Network(UMB) has changed -0.39% to OMR while Omani Rial(OMR) has changed % to UMB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ع.0.003433
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
ر.ع.0.003357
0.1000% / 0.1000%
Yes
Last updated 2024/11/25 00:00:20(UTC+0)

How to buy Umbrella Network

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

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

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

Bitget P2P trading currently does not support direct selling of UMB to OMR. However, you can first exchange UMB 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
Action
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What factors influence the conversion rate of Umbrella Network to Omani Rial?

Umbrella Network to Omani Rial is rising this week.
Umbrella Network's current market price is ر.ع. 0.003457 per UMB, with a total market cap of ر.ع. 1,012,817.13 OMR based on a circulating supply of 292,962,620 UMB. The trading volume of Umbrella Network has changed by -40.89% (ر.ع. -60,122.04 OMR) in the last 24 hours. Last trading day, UMB's trading volume was ر.ع. 147,028.22.
Market cap
$2.63M
24h volume
$225.85K
Circulating supply
292.96M UMB

Conversion tables

The exchange rate of Umbrella Network is increasing.
1 UMB is currently valued at ر.ع. 0.003457 OMR , which means buying 5 UMB will cost ر.ع. 0.01729 OMR . Similarly, ر.ع.1 OMR can be traded for 289.26 UMB, and ر.ع.50 OMR can be converted to 14,462.76 UMB, excluding any platform or gas fees.
The exchange rate of 1 UMB to Omani Rial has changed by +29.72% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.39%, reaching a high of 0.003506 OMR and a low of 0.003365 OMR . One month ago, the value of 1 UMB was ر.ع. 0.002576 OMR , which represents a +34.23% change from its current value. Over the last year, Umbrella Network has changed by
-ر.ع.
0.002081OMR
, resulting in a change of -37.57% in its value.

UMB to OMR

Amount
03:04 am today
0.5 UMB
ر.ع.0.001729
1 UMB
ر.ع.0.003457
5 UMB
ر.ع.0.01729
10 UMB
ر.ع.0.03457
50 UMB
ر.ع.0.1729
100 UMB
ر.ع.0.3457
500 UMB
ر.ع.1.73
1000 UMB
ر.ع.3.46

OMR to UMB

Amount03:04 am today
0.5OMR144.63  UMB
1OMR289.26  UMB
5OMR1,446.28  UMB
10OMR2,892.55  UMB
50OMR14,462.76  UMB
100OMR28,925.52  UMB
500OMR144,627.62  UMB
1000OMR289,255.23  UMB

Today vs. 24 hours ago

Amount03:04 am today24 hours ago24h change
0.5 UMB$0.004492$0.004510
-0.39%
1 UMB$0.008984$0.009019
-0.39%
5 UMB$0.04492$0.04510
-0.39%
10 UMB$0.08984$0.09019
-0.39%
50 UMB$0.4492$0.4510
-0.39%
100 UMB$0.8984$0.9019
-0.39%
500 UMB$4.49$4.51
-0.39%
1000 UMB$8.98$9.02
-0.39%

Today vs. 1 month ago

Amount03:04 am today1 month ago1M change
0.5 UMB$0.004492$0.003347
+34.23%
1 UMB$0.008984$0.006693
+34.23%
5 UMB$0.04492$0.03347
+34.23%
10 UMB$0.08984$0.06693
+34.23%
50 UMB$0.4492$0.3347
+34.23%
100 UMB$0.8984$0.6693
+34.23%
500 UMB$4.49$3.35
+34.23%
1000 UMB$8.98$6.69
+34.23%

Today vs. 1 year ago

Amount03:04 am today1 year ago1Y change
0.5 UMB$0.004492$0.007196
-37.57%
1 UMB$0.008984$0.01439
-37.57%
5 UMB$0.04492$0.07196
-37.57%
10 UMB$0.08984$0.1439
-37.57%
50 UMB$0.4492$0.7196
-37.57%
100 UMB$0.8984$1.44
-37.57%
500 UMB$4.49$7.2
-37.57%
1000 UMB$8.98$14.39
-37.57%

Umbrella Network price prediction

What will the price of UMB be in 2025?

Based on UMB's historical price performance prediction model, the price of UMB is projected to reach $0.01044 in 2025.

What will the price of UMB be in 2030?

In 2030, the UMB price is expected to change by -1.00%. By the end of 2030, the UMB price is projected to reach $0.01509, with a cumulative ROI of +90.12%.

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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 Umbrella Network 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 Umbrella Network 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 Umbrella Network 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.