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xExchange to Omani Rial Converter and calculator

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Convert 1xExchange (MEX) to Omani Rial (OMR) equals ر.ع. 0.{6}6246 | 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 xExchange(MEX) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 MEX at a value of 1 MEX 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 xExchange currency pair is the MEX to OMR, with for xExchange's currency code being MEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.

MEX to OMR conversion rate trend

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In the past 1D, xExchange has changed +1.46% to OMR. Based on the trend and price charts, xExchange(MEX) has changed +1.46% to OMR while Omani Rial(OMR) has changed % to MEX in the last 24 hours.

MEX to OMR market statistics

MEX/OMR:
ر.ع. 0.{6}6246
MEX 24h volume:
ر.ع. 28,964.81
MEX market cap:
--
MEX circulating supply:
0 MEX

Current MEX to OMR exchange rate

xExchange to Omani Rial is rising this week.
xExchange's current market price is ر.ع. 0.{6}6246 per MEX, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- MEX. The trading volume of xExchange has changed by +30.92% (ر.ع. 6,841.15 OMR) in the last 24 hours. Last trading day, MEX's trading volume was ر.ع. 22,123.66.

MEX to OMR Conversion tables

The exchange rate of xExchange is decreasing.
1 MEX is currently valued at ر.ع. 0.{6}6246 OMR , which means buying 5 MEX will cost ر.ع. 0.{5}3123 OMR . Similarly, ر.ع.1 OMR can be traded for 1,601,043.26 MEX, and ر.ع.50 OMR can be converted to 80,052,163.08 MEX, excluding any platform or gas fees.
The exchange rate of 1 MEX to Omani Rial has changed by +2.18% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.46%, reaching a high of 0.{6}6280 OMR and a low of 0.{6}6148 OMR . One month ago, the value of 1 MEX was ر.ع. 0.{6}7501 OMR , which represents a -16.71% change from its current value. Over the last year, xExchange has changed by
-ر.ع.
0.{5}2073OMR
, resulting in a change of -76.83% in its value.

MEX to OMR

Amount
21:40 today
0.5 MEX
ر.ع.0.{6}3123
1 MEX
ر.ع.0.{6}6246
5 MEX
ر.ع.0.{5}3123
10 MEX
ر.ع.0.{5}6246
50 MEX
ر.ع.0.{4}3123
100 MEX
ر.ع.0.{4}6246
500 MEX
ر.ع.0.0003123
1000 MEX
ر.ع.0.0006246

OMR to MEX

Amount21:40 today
0.5OMR800,521.63  MEX
1OMR1,601,043.26  MEX
5OMR8,005,216.31  MEX
10OMR16,010,432.62  MEX
50OMR80,052,163.08  MEX
100OMR160,104,326.16  MEX
500OMR800,521,630.82  MEX
1000OMR1,601,043,261.64  MEX
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MEX to OMR Today vs. 24 hours ago

Amount21:40 today24 hours ago24h change
0.5 MEXر.ع.0.{6}3123ر.ع.0.{6}3078
+1.46%
1 MEXر.ع.0.{6}6246ر.ع.0.{6}6156
+1.46%
5 MEXر.ع.0.{5}3123ر.ع.0.{5}3078
+1.46%
10 MEXر.ع.0.{5}6246ر.ع.0.{5}6156
+1.46%
50 MEXر.ع.0.{4}3123ر.ع.0.{4}3078
+1.46%
100 MEXر.ع.0.{4}6246ر.ع.0.{4}6156
+1.46%
500 MEXر.ع.0.0003123ر.ع.0.0003078
+1.46%
1000 MEXر.ع.0.0006246ر.ع.0.0006156
+1.46%

MEX to OMR Today vs. 1 month ago

Amount21:40 today1 month ago1M change
0.5 MEXر.ع.0.{6}3123ر.ع.0.{6}3750
-16.71%
1 MEXر.ع.0.{6}6246ر.ع.0.{6}7501
-16.71%
5 MEXر.ع.0.{5}3123ر.ع.0.{5}3750
-16.71%
10 MEXر.ع.0.{5}6246ر.ع.0.{5}7501
-16.71%
50 MEXر.ع.0.{4}3123ر.ع.0.{4}3750
-16.71%
100 MEXر.ع.0.{4}6246ر.ع.0.{4}7501
-16.71%
500 MEXر.ع.0.0003123ر.ع.0.0003750
-16.71%
1000 MEXر.ع.0.0006246ر.ع.0.0007501
-16.71%

MEX to OMR Today vs. 1 year ago

Amount21:40 today1 year ago1Y change
0.5 MEXر.ع.0.{6}3123ر.ع.0.{5}1349
-76.83%
1 MEXر.ع.0.{6}6246ر.ع.0.{5}2697
-76.83%
5 MEXر.ع.0.{5}3123ر.ع.0.{4}1349
-76.83%
10 MEXر.ع.0.{5}6246ر.ع.0.{4}2697
-76.83%
50 MEXر.ع.0.{4}3123ر.ع.0.0001349
-76.83%
100 MEXر.ع.0.{4}6246ر.ع.0.0002697
-76.83%
500 MEXر.ع.0.0003123ر.ع.0.001349
-76.83%
1000 MEXر.ع.0.0006246ر.ع.0.002697
-76.83%

How to convert MEX to OMR

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

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

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

Bitget P2P trading currently does not support direct selling of MEX to OMR. However, you can first exchange MEX 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 MEX to OMR?

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

xExchange price prediction

What will the price of MEX be in 2026?

Based on MEX's historical price performance prediction model, the price of MEX is projected to reach $0.{5}1949 in 2026.

What will the price of MEX be in 2031?

In 2031, the MEX price is expected to change by +28.00%. By the end of 2031, the MEX price is projected to reach $0.{5}3795, with a cumulative ROI of +135.68%.

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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 xExchange 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 xExchange 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 xExchange 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.