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Torex to Omani Rial Converter and calculator

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Convert 1Torex (TOR) to Omani Rial (OMR) equals ر.ع. 0.0001424 | Bitget
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Last updated as of 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 Torex(TOR) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 TOR at a value of 1 TOR 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 Torex currency pair is the TOR to OMR, with for Torex's currency code being TOR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.

TOR to OMR conversion rate trend

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In the past 1D, Torex has changed -3.05% to OMR. Based on the trend and price charts, Torex(TOR) has changed -3.05% to OMR while Omani Rial(OMR) has changed % to TOR in the last 24 hours.

TOR to OMR market statistics

TOR/OMR:
ر.ع. 0.0001424
TOR 24h volume:
ر.ع. 119.55
TOR market cap:
--
TOR circulating supply:
0 TOR

Current TOR to OMR exchange rate

Torex to Omani Rial is falling this week.
Torex's current market price is ر.ع. 0.0001424 per TOR, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- TOR. The trading volume of Torex has changed by -3.07% (ر.ع. -3.79 OMR) in the last 24 hours. Last trading day, TOR's trading volume was ر.ع. 123.34.

TOR to OMR Conversion tables

The exchange rate of Torex is decreasing.
1 TOR is currently valued at ر.ع. 0.0001424 OMR , which means buying 5 TOR will cost ر.ع. 0.0007119 OMR . Similarly, ر.ع.1 OMR can be traded for 7,023.4 TOR, and ر.ع.50 OMR can be converted to 351,169.88 TOR, excluding any platform or gas fees.
The exchange rate of 1 TOR to Omani Rial has changed by -10.11% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.05%, reaching a high of 0.0001478 OMR and a low of 0.0001406 OMR . One month ago, the value of 1 TOR was ر.ع. 0.0001688 OMR , which represents a -15.66% change from its current value. Over the last year, Torex has changed by
-ر.ع.
0.0001788OMR
, resulting in a change of -55.67% in its value.

TOR to OMR

Amount
22:54 today
0.5 TOR
ر.ع.0.{4}7119
1 TOR
ر.ع.0.0001424
5 TOR
ر.ع.0.0007119
10 TOR
ر.ع.0.001424
50 TOR
ر.ع.0.007119
100 TOR
ر.ع.0.01424
500 TOR
ر.ع.0.07119
1000 TOR
ر.ع.0.1424

OMR to TOR

Amount22:54 today
0.5OMR3,511.7  TOR
1OMR7,023.4  TOR
5OMR35,116.99  TOR
10OMR70,233.98  TOR
50OMR351,169.88  TOR
100OMR702,339.76  TOR
500OMR3,511,698.81  TOR
1000OMR7,023,397.61  TOR
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TOR to OMR Today vs. 24 hours ago

Amount22:54 today24 hours ago24h change
0.5 TORر.ع.0.{4}7119ر.ع.0.{4}7343
-3.05%
1 TORر.ع.0.0001424ر.ع.0.0001469
-3.05%
5 TORر.ع.0.0007119ر.ع.0.0007343
-3.05%
10 TORر.ع.0.001424ر.ع.0.001469
-3.05%
50 TORر.ع.0.007119ر.ع.0.007343
-3.05%
100 TORر.ع.0.01424ر.ع.0.01469
-3.05%
500 TORر.ع.0.07119ر.ع.0.07343
-3.05%
1000 TORر.ع.0.1424ر.ع.0.1469
-3.05%

TOR to OMR Today vs. 1 month ago

Amount22:54 today1 month ago1M change
0.5 TORر.ع.0.{4}7119ر.ع.0.{4}8441
-15.66%
1 TORر.ع.0.0001424ر.ع.0.0001688
-15.66%
5 TORر.ع.0.0007119ر.ع.0.0008441
-15.66%
10 TORر.ع.0.001424ر.ع.0.001688
-15.66%
50 TORر.ع.0.007119ر.ع.0.008441
-15.66%
100 TORر.ع.0.01424ر.ع.0.01688
-15.66%
500 TORر.ع.0.07119ر.ع.0.08441
-15.66%
1000 TORر.ع.0.1424ر.ع.0.1688
-15.66%

TOR to OMR Today vs. 1 year ago

Amount22:54 today1 year ago1Y change
0.5 TORر.ع.0.{4}7119ر.ع.0.0001606
-55.67%
1 TORر.ع.0.0001424ر.ع.0.0003212
-55.67%
5 TORر.ع.0.0007119ر.ع.0.001606
-55.67%
10 TORر.ع.0.001424ر.ع.0.003212
-55.67%
50 TORر.ع.0.007119ر.ع.0.01606
-55.67%
100 TORر.ع.0.01424ر.ع.0.03212
-55.67%
500 TORر.ع.0.07119ر.ع.0.1606
-55.67%
1000 TORر.ع.0.1424ر.ع.0.3212
-55.67%

How to convert TOR to OMR

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Convert TOR to OMR
Use a variety of payment options to buy Torex on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of TOR with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy TOR with USDT via Bitget spot market.
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Sell TOR (or USDT) for OMR (Omani Rial) offers

Bitget P2P trading currently does not support direct selling of TOR to OMR. However, you can first exchange TOR 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
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What factors influence the conversion rate of TOR to OMR?

There are many factors that affect the relationship between Torex 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 TOR/OMR. When there is positive news in the market about the widespread adoption of TOR or major technological breakthroughs, it tends to trigger market optimism and drive the rise of TOR/OMR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in TOR/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 TOR/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 Torex and adjust their investment strategies accordingly in the evolving market.

Torex price prediction

What will the price of TOR be in 2026?

Based on TOR's historical price performance prediction model, the price of TOR is projected to reach $0.0004250 in 2026.

What will the price of TOR be in 2031?

In 2031, the TOR price is expected to change by +27.00%. By the end of 2031, the TOR price is projected to reach $0.0007289, with a cumulative ROI of +92.34%.

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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 Torex 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 Torex 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 Torex 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.