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Loop Network to Omani Rial Converter and calculator

Convert 1Loop Network (LOOP) to Omani Rial (OMR) equals ر.ع. 0.008950 | Bitget
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Last updated 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 Loop Network(LOOP) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 LOOP at a value of 1 LOOP for 0.01 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 Loop Network currency pair is the LOOP to OMR, with for Loop Network's currency code being LOOP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.

LOOP to OMR conversion rate trend

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In the past 1D, Loop Network has changed +5.17% to OMR. Based on the trend and price charts, Loop Network(LOOP) has changed +5.17% to OMR while Omani Rial(OMR) has changed % to LOOP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ع.0.008871
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
ر.ع.0.008836
0.1000% / 0.1000%
Yes
Last updated 2024/11/21 16:00:17(UTC+0)

How to buy Loop Network

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Buy Loop Network (LOOP)
Use a variety of payment options to buy Loop Network on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of LOOP with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy LOOP with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell LOOP (or USDT) for OMR (Omani Rial) offers

Bitget P2P trading currently does not support direct selling of LOOP to OMR. However, you can first exchange LOOP 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
Action
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What factors influence the conversion rate of Loop Network to Omani Rial?

Loop Network to Omani Rial is falling this week.
Loop Network's current market price is ر.ع. 0.008950 per LOOP, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- LOOP. The trading volume of Loop Network has changed by +2.98% (ر.ع. 2,728.73 OMR) in the last 24 hours. Last trading day, LOOP's trading volume was ر.ع. 91,466.77.
Market cap
$0
24h volume
$244.66K
Circulating supply
0 LOOP

Conversion tables

The exchange rate of Loop Network is decreasing.
1 LOOP is currently valued at ر.ع. 0.008950 OMR , which means buying 5 LOOP will cost ر.ع. 0.04475 OMR . Similarly, ر.ع.1 OMR can be traded for 111.73 LOOP, and ر.ع.50 OMR can be converted to 5,586.64 LOOP, excluding any platform or gas fees.
The exchange rate of 1 LOOP to Omani Rial has changed by -22.83% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.17%, reaching a high of 0.009814 OMR and a low of 0.008343 OMR . One month ago, the value of 1 LOOP was ر.ع. 0.01421 OMR , which represents a -37.03% change from its current value. Over the last year, Loop Network has changed by
-ر.ع.
0.01341OMR
, resulting in a change of -59.98% in its value.

LOOP to OMR

Amount
20:52 today
0.5 LOOP
ر.ع.0.004475
1 LOOP
ر.ع.0.008950
5 LOOP
ر.ع.0.04475
10 LOOP
ر.ع.0.08950
50 LOOP
ر.ع.0.4475
100 LOOP
ر.ع.0.8950
500 LOOP
ر.ع.4.47
1000 LOOP
ر.ع.8.95

OMR to LOOP

Amount20:52 today
0.5OMR55.87  LOOP
1OMR111.73  LOOP
5OMR558.66  LOOP
10OMR1,117.33  LOOP
50OMR5,586.64  LOOP
100OMR11,173.28  LOOP
500OMR55,866.38  LOOP
1000OMR111,732.76  LOOP

Today vs. 24 hours ago

Amount20:52 today24 hours ago24h change
0.5 LOOP$0.01162$0.01105
+5.17%
1 LOOP$0.02325$0.02211
+5.17%
5 LOOP$0.1162$0.1105
+5.17%
10 LOOP$0.2325$0.2211
+5.17%
50 LOOP$1.16$1.11
+5.17%
100 LOOP$2.32$2.21
+5.17%
500 LOOP$11.62$11.05
+5.17%
1000 LOOP$23.25$22.11
+5.17%

Today vs. 1 month ago

Amount20:52 today1 month ago1M change
0.5 LOOP$0.01162$0.01846
-37.03%
1 LOOP$0.02325$0.03691
-37.03%
5 LOOP$0.1162$0.1846
-37.03%
10 LOOP$0.2325$0.3691
-37.03%
50 LOOP$1.16$1.85
-37.03%
100 LOOP$2.32$3.69
-37.03%
500 LOOP$11.62$18.46
-37.03%
1000 LOOP$23.25$36.91
-37.03%

Today vs. 1 year ago

Amount20:52 today1 year ago1Y change
0.5 LOOP$0.01162$0.02904
-59.98%
1 LOOP$0.02325$0.05808
-59.98%
5 LOOP$0.1162$0.2904
-59.98%
10 LOOP$0.2325$0.5808
-59.98%
50 LOOP$1.16$2.9
-59.98%
100 LOOP$2.32$5.81
-59.98%
500 LOOP$11.62$29.04
-59.98%
1000 LOOP$23.25$58.08
-59.98%

Loop Network price prediction

What will the price of LOOP be in 2025?

Based on LOOP's historical price performance prediction model, the price of LOOP is projected to reach $0.04124 in 2025.

What will the price of LOOP be in 2030?

In 2030, the LOOP price is expected to change by +9.00%. By the end of 2030, the LOOP price is projected to reach $0.05299, with a cumulative ROI of +124.25%.

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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 Loop 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 Loop 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 Loop 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.