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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.13%
New listings on Bitget: Pi Network
BTC/USDT$84478.74 (+0.87%)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 share62.13%
New listings on Bitget: Pi Network
BTC/USDT$84478.74 (+0.87%)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
TRACE
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 Trace Network Labs(TRACE) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 TRACE at a value of 1 TRACE 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 Trace Network Labs currency pair is the TRACE to OMR, with for Trace Network Labs's currency code being TRACE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
TRACE to OMR conversion rate trend
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In the past 1D, Trace Network Labs has changed -1.70% to OMR. Based on the trend and price charts, Trace Network Labs(TRACE) has changed -1.70% to OMR while Omani Rial(OMR) has changed % to TRACE in the last 24 hours.
TRACE to OMR market statistics
TRACE/OMR:
ر.ع. 0.0001422
TRACE 24h volume:
ر.ع. 1,496.7
TRACE market cap:
--
TRACE circulating supply:
0 TRACE
More info about Trace Network Labs on Bitget
Current TRACE to OMR exchange rate
Trace Network Labs to Omani Rial is falling this week.Trace Network Labs's current market price is ر.ع. 0.0001422 per TRACE, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- TRACE. The trading volume of Trace Network Labs has changed by -6.66% (ر.ع. -106.83 OMR) in the last 24 hours. Last trading day, TRACE's trading volume was ر.ع. 1,603.53.
TRACE to OMR Conversion tables
The exchange rate of Trace Network Labs is decreasing.1 TRACE is currently valued at ر.ع. 0.0001422 OMR , which means buying 5 TRACE will cost ر.ع. 0.0007108 OMR . Similarly, ر.ع.1 OMR can be traded for 7,034.81 TRACE, and ر.ع.50 OMR can be converted to 351,740.38 TRACE, excluding any platform or gas fees.
The exchange rate of 1 TRACE to Omani Rial has changed by -8.85% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.70%, reaching a high of 0.0001479 OMR and a low of 0.0001237 OMR . One month ago, the value of 1 TRACE was ر.ع. 0.0001882 OMR , which represents a -24.47% change from its current value. Over the last year, Trace Network Labs has changed by , resulting in a change of -94.56% in its value.
-ر.ع.
0.002470OMRTRACE to OMR
Amount
09:41 am today
0.5 TRACE
ر.ع.0.{4}7108
1 TRACE
ر.ع.0.0001422
5 TRACE
ر.ع.0.0007108
10 TRACE
ر.ع.0.001422
50 TRACE
ر.ع.0.007108
100 TRACE
ر.ع.0.01422
500 TRACE
ر.ع.0.07108
1000 TRACE
ر.ع.0.1422
OMR to TRACE
Amount09:41 am today
0.5OMR3,517.4 TRACE
1OMR7,034.81 TRACE
5OMR35,174.04 TRACE
10OMR70,348.08 TRACE
50OMR351,740.38 TRACE
100OMR703,480.76 TRACE
500OMR3,517,403.81 TRACE
1000OMR7,034,807.62 TRACE
TRACE to OMR Today vs. 24 hours ago
| Amount | 09:41 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 TRACE | ر.ع.0.{4}7108 | ر.ع.0.{4}7231 | -1.70% |
| 1 TRACE | ر.ع.0.0001422 | ر.ع.0.0001446 | -1.70% |
| 5 TRACE | ر.ع.0.0007108 | ر.ع.0.0007231 | -1.70% |
| 10 TRACE | ر.ع.0.001422 | ر.ع.0.001446 | -1.70% |
| 50 TRACE | ر.ع.0.007108 | ر.ع.0.007231 | -1.70% |
| 100 TRACE | ر.ع.0.01422 | ر.ع.0.01446 | -1.70% |
| 500 TRACE | ر.ع.0.07108 | ر.ع.0.07231 | -1.70% |
| 1000 TRACE | ر.ع.0.1422 | ر.ع.0.1446 | -1.70% |
TRACE to OMR Today vs. 1 month ago
| Amount | 09:41 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 TRACE | ر.ع.0.{4}7108 | ر.ع.0.{4}9410 | -24.47% |
| 1 TRACE | ر.ع.0.0001422 | ر.ع.0.0001882 | -24.47% |
| 5 TRACE | ر.ع.0.0007108 | ر.ع.0.0009410 | -24.47% |
| 10 TRACE | ر.ع.0.001422 | ر.ع.0.001882 | -24.47% |
| 50 TRACE | ر.ع.0.007108 | ر.ع.0.009410 | -24.47% |
| 100 TRACE | ر.ع.0.01422 | ر.ع.0.01882 | -24.47% |
| 500 TRACE | ر.ع.0.07108 | ر.ع.0.09410 | -24.47% |
| 1000 TRACE | ر.ع.0.1422 | ر.ع.0.1882 | -24.47% |
TRACE to OMR Today vs. 1 year ago
| Amount | 09:41 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 TRACE | ر.ع.0.{4}7108 | ر.ع.0.001306 | -94.56% |
| 1 TRACE | ر.ع.0.0001422 | ر.ع.0.002612 | -94.56% |
| 5 TRACE | ر.ع.0.0007108 | ر.ع.0.01306 | -94.56% |
| 10 TRACE | ر.ع.0.001422 | ر.ع.0.02612 | -94.56% |
| 50 TRACE | ر.ع.0.007108 | ر.ع.0.1306 | -94.56% |
| 100 TRACE | ر.ع.0.01422 | ر.ع.0.2612 | -94.56% |
| 500 TRACE | ر.ع.0.07108 | ر.ع.1.31 | -94.56% |
| 1000 TRACE | ر.ع.0.1422 | ر.ع.2.61 | -94.56% |
How to convert TRACE to OMR
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Convert TRACE to OMR
Use a variety of payment options to buy Trace Network Labs on Bitget. We'll show you how.
Buy TRACE (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of TRACE with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy TRACE 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 TRACE (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of TRACE to OMR. However, you can first exchange TRACE 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 TRACE to OMR?
There are many factors that affect the relationship between Trace Network Labs 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 TRACE/OMR. When there is positive news in the market about the widespread adoption of TRACE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of TRACE/OMR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in TRACE/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 TRACE/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 Trace Network Labs and adjust their investment strategies accordingly in the evolving market.
Trace Network Labs price prediction
What will the price of TRACE be in 2026?
Based on TRACE's historical price performance prediction model, the price of TRACE is projected to reach $0.0004491 in 2026.
What will the price of TRACE be in 2031?
In 2031, the TRACE price is expected to change by +42.00%. By the end of 2031, the TRACE price is projected to reach $0.0008652, with a cumulative ROI of +155.85%.
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Popular Trace Network Labs Converter
Check out these popular currency conversions of Trace Network Labs to several fiat currencies.
TRACE to TWD
1 TRACE to NT$ 0.01218 TWD
TRACE to OMR
1 TRACE to ر.ع. 0.0001422 OMR
TRACE to CNY
1 TRACE to ¥ 0.002690 CNY
TRACE to USD
1 TRACE to $ 0.0003693 USD
TRACE to EUR
1 TRACE to € 0.0003356 EUR
TRACE to CAD
1 TRACE to $ 0.0005219 CAD
TRACE to KRW
1 TRACE to ₩ 0.5330 KRW
TRACE to JPY
1 TRACE to ¥ 0.05400 JPY
TRACE to GBP
1 TRACE to £ 0.0002838 GBP
TRACE to BRL
1 TRACE to R$ 0.002087 BRL
Popular cryptocurrencies to OMR
Explore other cryptocurrencies based on your interest in Trace Network Labs.
ATOM to OMR
1 ATOM to ر.ع. 1.86 OMR
DGB to OMR
1 DGB to ر.ع. 0.004080 OMR
USUAL to OMR
1 USUAL to ر.ع. 0.05503 OMR
AMP to OMR
1 AMP to ر.ع. 0.001422 OMR
FUN to OMR
1 FUN to ر.ع. 0.001993 OMR
CRTS to OMR
1 CRTS to ر.ع. 0.0001147 OMR
BSW to OMR
1 BSW to ر.ع. 0.006850 OMR
PI to OMR
1 PI to ر.ع. 0.2127 OMR
STO to OMR
1 STO to ر.ع. 0.02657 OMR
BORA to OMR
1 BORA to ر.ع. 0.03424 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 Trace Network Labs 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 Trace Network Labs 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 Trace Network Labs 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.
