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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.06%
New listings on Bitget: Pi Network
BTC/USDT$82923.76 (+1.31%)Fear and Greed Index28(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 share62.06%
New listings on Bitget: Pi Network
BTC/USDT$82923.76 (+1.31%)Fear and Greed Index28(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
LUM
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 Lum Network(LUM) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 LUM at a value of 1 LUM 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 Lum Network currency pair is the LUM to OMR, with for Lum Network's currency code being LUM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
LUM to OMR conversion rate trend
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In the past 1D, Lum Network has changed +0.97% to OMR. Based on the trend and price charts, Lum Network(LUM) has changed +0.97% to OMR while Omani Rial(OMR) has changed % to LUM in the last 24 hours.
LUM to OMR market statistics
LUM/OMR:
ر.ع. 0.{4}1363
LUM 24h volume:
ر.ع. 10.84
LUM market cap:
--
LUM circulating supply:
0 LUM
More info about Lum Network on Bitget
Current LUM to OMR exchange rate
Lum Network to Omani Rial is rising this week.Lum Network's current market price is ر.ع. 0.{4}1363 per LUM, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- LUM. The trading volume of Lum Network has changed by -86.90% (ر.ع. -71.88 OMR) in the last 24 hours. Last trading day, LUM's trading volume was ر.ع. 82.72.
LUM to OMR Conversion tables
The exchange rate of Lum Network is decreasing.1 LUM is currently valued at ر.ع. 0.{4}1363 OMR , which means buying 5 LUM will cost ر.ع. 0.{4}6813 OMR . Similarly, ر.ع.1 OMR can be traded for 73,388.29 LUM, and ر.ع.50 OMR can be converted to 3,669,414.3 LUM, excluding any platform or gas fees.
The exchange rate of 1 LUM to Omani Rial has changed by +10.88% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.97%, reaching a high of 0.{4}1415 OMR and a low of 0.{4}1348 OMR . One month ago, the value of 1 LUM was ر.ع. 0.{4}1505 OMR , which represents a -9.45% change from its current value. Over the last year, Lum Network has changed by , resulting in a change of -90.47% in its value.
-ر.ع.
0.0001294OMRLUM to OMR
Amount
13:23 today
0.5 LUM
ر.ع.0.{5}6813
1 LUM
ر.ع.0.{4}1363
5 LUM
ر.ع.0.{4}6813
10 LUM
ر.ع.0.0001363
50 LUM
ر.ع.0.0006813
100 LUM
ر.ع.0.001363
500 LUM
ر.ع.0.006813
1000 LUM
ر.ع.0.01363
OMR to LUM
Amount13:23 today
0.5OMR36,694.14 LUM
1OMR73,388.29 LUM
5OMR366,941.43 LUM
10OMR733,882.86 LUM
50OMR3,669,414.3 LUM
100OMR7,338,828.6 LUM
500OMR36,694,142.99 LUM
1000OMR73,388,285.98 LUM
LUM to OMR Today vs. 24 hours ago
| Amount | 13:23 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LUM | ر.ع.0.{5}6813 | ر.ع.0.{5}6748 | +0.97% |
| 1 LUM | ر.ع.0.{4}1363 | ر.ع.0.{4}1350 | +0.97% |
| 5 LUM | ر.ع.0.{4}6813 | ر.ع.0.{4}6748 | +0.97% |
| 10 LUM | ر.ع.0.0001363 | ر.ع.0.0001350 | +0.97% |
| 50 LUM | ر.ع.0.0006813 | ر.ع.0.0006748 | +0.97% |
| 100 LUM | ر.ع.0.001363 | ر.ع.0.001350 | +0.97% |
| 500 LUM | ر.ع.0.006813 | ر.ع.0.006748 | +0.97% |
| 1000 LUM | ر.ع.0.01363 | ر.ع.0.01350 | +0.97% |
LUM to OMR Today vs. 1 month ago
| Amount | 13:23 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LUM | ر.ع.0.{5}6813 | ر.ع.0.{5}7524 | -9.45% |
| 1 LUM | ر.ع.0.{4}1363 | ر.ع.0.{4}1505 | -9.45% |
| 5 LUM | ر.ع.0.{4}6813 | ر.ع.0.{4}7524 | -9.45% |
| 10 LUM | ر.ع.0.0001363 | ر.ع.0.0001505 | -9.45% |
| 50 LUM | ر.ع.0.0006813 | ر.ع.0.0007524 | -9.45% |
| 100 LUM | ر.ع.0.001363 | ر.ع.0.001505 | -9.45% |
| 500 LUM | ر.ع.0.006813 | ر.ع.0.007524 | -9.45% |
| 1000 LUM | ر.ع.0.01363 | ر.ع.0.01505 | -9.45% |
LUM to OMR Today vs. 1 year ago
| Amount | 13:23 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LUM | ر.ع.0.{5}6813 | ر.ع.0.{4}7150 | -90.47% |
| 1 LUM | ر.ع.0.{4}1363 | ر.ع.0.0001430 | -90.47% |
| 5 LUM | ر.ع.0.{4}6813 | ر.ع.0.0007150 | -90.47% |
| 10 LUM | ر.ع.0.0001363 | ر.ع.0.001430 | -90.47% |
| 50 LUM | ر.ع.0.0006813 | ر.ع.0.007150 | -90.47% |
| 100 LUM | ر.ع.0.001363 | ر.ع.0.01430 | -90.47% |
| 500 LUM | ر.ع.0.006813 | ر.ع.0.07150 | -90.47% |
| 1000 LUM | ر.ع.0.01363 | ر.ع.0.1430 | -90.47% |
How to convert LUM to OMR
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Convert LUM to OMR
Use a variety of payment options to buy Lum Network on Bitget. We'll show you how.
Buy LUM (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of LUM with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy LUM with USDT via Bitget spot market.
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Sell LUM (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of LUM to OMR. However, you can first exchange LUM for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of LUM to OMR?
There are many factors that affect the relationship between Lum 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 LUM/OMR. When there is positive news in the market about the widespread adoption of LUM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LUM/OMR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LUM/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 LUM/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 Lum Network and adjust their investment strategies accordingly in the evolving market.
Lum Network price prediction
What will the price of LUM be in 2026?
Based on LUM's historical price performance prediction model, the price of LUM is projected to reach $0.{4}4794 in 2026.
What will the price of LUM be in 2031?
In 2031, the LUM price is expected to change by -3.00%. By the end of 2031, the LUM price is projected to reach $0.{4}8925, with a cumulative ROI of +143.01%.
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Popular Lum Network Converter
Check out these popular currency conversions of Lum Network to several fiat currencies.
LUM to TWD
1 LUM to NT$ 0.001169 TWD
LUM to OMR
1 LUM to ر.ع. 0.{4}1363 OMR
LUM to CNY
1 LUM to ¥ 0.0002581 CNY
LUM to USD
1 LUM to $ 0.{4}3540 USD
LUM to EUR
1 LUM to € 0.{4}3204 EUR
LUM to CAD
1 LUM to $ 0.{4}5014 CAD
LUM to KRW
1 LUM to ₩ 0.05135 KRW
LUM to JPY
1 LUM to ¥ 0.005133 JPY
LUM to GBP
1 LUM to £ 0.{4}2718 GBP
LUM to BRL
1 LUM to R$ 0.0002019 BRL
Popular cryptocurrencies to OMR
Explore other cryptocurrencies based on your interest in Lum Network.
FIL to OMR
1 FIL to ر.ع. 1.07 OMR
ATOM to OMR
1 ATOM to ر.ع. 1.89 OMR
USUAL to OMR
1 USUAL to ر.ع. 0.05096 OMR
CRTS to OMR
1 CRTS to ر.ع. 0.0001234 OMR
DGB to OMR
1 DGB to ر.ع. 0.004161 OMR
AMP to OMR
1 AMP to ر.ع. 0.001418 OMR
MLK to OMR
1 MLK to ر.ع. 0.05916 OMR
STO to OMR
1 STO to ر.ع. 0.02434 OMR
BORA to OMR
1 BORA to ر.ع. 0.03367 OMR
CHEX to OMR
1 CHEX to ر.ع. 0.06642 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 Lum 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 Lum 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 Lum 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.
