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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.97%
New listings on Bitget: Pi Network
BTC/USDT$84130.59 (+1.43%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$99.8M (1D); -$14.7M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.97%
New listings on Bitget: Pi Network
BTC/USDT$84130.59 (+1.43%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$99.8M (1D); -$14.7M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
DRAC
OMR
Last updated as of 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 DRAC Network(DRAC) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 DRAC at a value of 1 DRAC 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 DRAC Network currency pair is the DRAC to OMR, with for DRAC Network's currency code being DRAC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
DRAC to OMR conversion rate trend
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In the past 1D, DRAC Network has changed +6.38% to OMR. Based on the trend and price charts, DRAC Network(DRAC) has changed +6.38% to OMR while Omani Rial(OMR) has changed % to DRAC in the last 24 hours.
DRAC to OMR market statistics
DRAC/OMR:
ر.ع. 0.{4}5412
DRAC 24h volume:
--
DRAC market cap:
--
DRAC circulating supply:
0 DRAC
More info about DRAC Network on Bitget
Current DRAC to OMR exchange rate
DRAC Network to Omani Rial is rising this week.DRAC Network's current market price is ر.ع. 0.{4}5412 per DRAC, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- DRAC. The trading volume of DRAC Network has changed by 0.00% (ر.ع. 0 OMR) in the last 24 hours. Last trading day, DRAC's trading volume was ر.ع. 0.
DRAC to OMR Conversion tables
The exchange rate of DRAC Network is increasing.1 DRAC is currently valued at ر.ع. 0.{4}5412 OMR , which means buying 5 DRAC will cost ر.ع. 0.0002706 OMR . Similarly, ر.ع.1 OMR can be traded for 18,477.88 DRAC, and ر.ع.50 OMR can be converted to 923,894.16 DRAC, excluding any platform or gas fees.
The exchange rate of 1 DRAC to Omani Rial has changed by +4.76% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.38%, reaching a high of 0.{4}5704 OMR and a low of 0.{4}5320 OMR . One month ago, the value of 1 DRAC was ر.ع. 0.{4}4920 OMR , which represents a +9.44% change from its current value. Over the last year, DRAC Network has changed by , resulting in a change of -78.64% in its value.
-ر.ع.
0.0002100OMRDRAC to OMR
Amount
01:42 am today
0.5 DRAC
ر.ع.0.{4}2706
1 DRAC
ر.ع.0.{4}5412
5 DRAC
ر.ع.0.0002706
10 DRAC
ر.ع.0.0005412
50 DRAC
ر.ع.0.002706
100 DRAC
ر.ع.0.005412
500 DRAC
ر.ع.0.02706
1000 DRAC
ر.ع.0.05412
OMR to DRAC
Amount01:42 am today
0.5OMR9,238.94 DRAC
1OMR18,477.88 DRAC
5OMR92,389.42 DRAC
10OMR184,778.83 DRAC
50OMR923,894.16 DRAC
100OMR1,847,788.33 DRAC
500OMR9,238,941.65 DRAC
1000OMR18,477,883.3 DRAC
DRAC to OMR Today vs. 24 hours ago
| Amount | 01:42 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DRAC | ر.ع.0.{4}2706 | ر.ع.0.{4}2535 | +6.38% |
| 1 DRAC | ر.ع.0.{4}5412 | ر.ع.0.{4}5070 | +6.38% |
| 5 DRAC | ر.ع.0.0002706 | ر.ع.0.0002535 | +6.38% |
| 10 DRAC | ر.ع.0.0005412 | ر.ع.0.0005070 | +6.38% |
| 50 DRAC | ر.ع.0.002706 | ر.ع.0.002535 | +6.38% |
| 100 DRAC | ر.ع.0.005412 | ر.ع.0.005070 | +6.38% |
| 500 DRAC | ر.ع.0.02706 | ر.ع.0.02535 | +6.38% |
| 1000 DRAC | ر.ع.0.05412 | ر.ع.0.05070 | +6.38% |
DRAC to OMR Today vs. 1 month ago
| Amount | 01:42 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DRAC | ر.ع.0.{4}2706 | ر.ع.0.{4}2460 | +9.44% |
| 1 DRAC | ر.ع.0.{4}5412 | ر.ع.0.{4}4920 | +9.44% |
| 5 DRAC | ر.ع.0.0002706 | ر.ع.0.0002460 | +9.44% |
| 10 DRAC | ر.ع.0.0005412 | ر.ع.0.0004920 | +9.44% |
| 50 DRAC | ر.ع.0.002706 | ر.ع.0.002460 | +9.44% |
| 100 DRAC | ر.ع.0.005412 | ر.ع.0.004920 | +9.44% |
| 500 DRAC | ر.ع.0.02706 | ر.ع.0.02460 | +9.44% |
| 1000 DRAC | ر.ع.0.05412 | ر.ع.0.04920 | +9.44% |
DRAC to OMR Today vs. 1 year ago
| Amount | 01:42 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DRAC | ر.ع.0.{4}2706 | ر.ع.0.0001320 | -78.64% |
| 1 DRAC | ر.ع.0.{4}5412 | ر.ع.0.0002641 | -78.64% |
| 5 DRAC | ر.ع.0.0002706 | ر.ع.0.001320 | -78.64% |
| 10 DRAC | ر.ع.0.0005412 | ر.ع.0.002641 | -78.64% |
| 50 DRAC | ر.ع.0.002706 | ر.ع.0.01320 | -78.64% |
| 100 DRAC | ر.ع.0.005412 | ر.ع.0.02641 | -78.64% |
| 500 DRAC | ر.ع.0.02706 | ر.ع.0.1320 | -78.64% |
| 1000 DRAC | ر.ع.0.05412 | ر.ع.0.2641 | -78.64% |
How to convert DRAC to OMR
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert DRAC to OMR
Use a variety of payment options to buy DRAC Network on Bitget. We'll show you how.
Buy DRAC (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of DRAC with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy DRAC with USDT via Bitget spot market.
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Sell DRAC (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of DRAC to OMR. However, you can first exchange DRAC 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 DRAC to OMR?
There are many factors that affect the relationship between DRAC Network and Omani Rial, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of DRAC/OMR. When there is positive news in the market about the widespread adoption of DRAC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DRAC/OMR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DRAC/OMR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of DRAC/OMR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of DRAC Network and adjust their investment strategies accordingly in the evolving market.
DRAC Network price prediction
What will the price of DRAC be in 2026?
Based on DRAC's historical price performance prediction model, the price of DRAC is projected to reach $0.0001433 in 2026.
What will the price of DRAC be in 2031?
In 2031, the DRAC price is expected to change by +19.00%. By the end of 2031, the DRAC price is projected to reach $0.0002733, with a cumulative ROI of +94.37%.
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Popular DRAC Network Converter
Check out these popular currency conversions of DRAC Network to several fiat currencies.
DRAC to TWD
1 DRAC to NT$ 0.004666 TWD
DRAC to OMR
1 DRAC to ر.ع. 0.{4}5412 OMR
DRAC to CNY
1 DRAC to ¥ 0.001024 CNY
DRAC to USD
1 DRAC to $ 0.0001406 USD
DRAC to EUR
1 DRAC to € 0.0001283 EUR
DRAC to CAD
1 DRAC to $ 0.0002001 CAD
DRAC to KRW
1 DRAC to ₩ 0.2052 KRW
DRAC to JPY
1 DRAC to ¥ 0.02066 JPY
DRAC to GBP
1 DRAC to £ 0.0001091 GBP
DRAC to BRL
1 DRAC to R$ 0.0008213 BRL
Popular cryptocurrencies to OMR
Explore other cryptocurrencies based on your interest in DRAC Network.
PI to OMR
1 PI to ر.ع. 0.1934 OMR
FIL to OMR
1 FIL to ر.ع. 1.06 OMR
ATOM to OMR
1 ATOM to ر.ع. 1.92 OMR
USUAL to OMR
1 USUAL to ر.ع. 0.05037 OMR
BTC to OMR
1 BTC to ر.ع. 32,379.22 OMR
CRTS to OMR
1 CRTS to ر.ع. 0.0001653 OMR
ZRO to OMR
1 ZRO to ر.ع. 1.17 OMR
VIDT to OMR
1 VIDT to ر.ع. 0.01003 OMR
AMP to OMR
1 AMP to ر.ع. 0.001411 OMR
BERA to OMR
1 BERA to ر.ع. 2.3 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 DRAC 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 DRAC 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 DRAC 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.
