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Medifakt to Omani Rial Converter and calculator

Convert 1Medifakt (FAKT) to Omani Rial (OMR) equals ر.ع. 0.0001458 | 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 Medifakt(FAKT) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 FAKT at a value of 1 FAKT 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 Medifakt currency pair is the FAKT to OMR, with for Medifakt's currency code being FAKT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.

FAKT to OMR conversion rate trend

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In the past 1D, Medifakt has changed -5.31% to OMR. Based on the trend and price charts, Medifakt(FAKT) has changed -5.31% to OMR while Omani Rial(OMR) has changed % to FAKT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ع.0.0001458
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/07/10 20:28:41(UTC+0)

How to buy Medifakt

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Medifakt (FAKT)
Use a variety of payment options to buy Medifakt on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of FAKT with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy FAKT with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
I
Imran6614Verified Merchant
32 tradesCompletion rate 100.00%
0.399 OMR
Amount75.19 USDT
Limit5 - 49 OMR
Bank MuscatAirtime Mobile Top-Up
Buy
B
Bismillah. exchangeVerified Merchant
37 tradesCompletion rate 100.00%
0.405 OMR
Amount1371.21 USDT
Limit3.9 - 250 OMR
Bank TransferBank MuscatAirtime Mobile Top-Up
Buy
S
Saad Ali ExchangeVerified Merchant
12 tradesCompletion rate 52.00%
0.405 OMR
Amount1430.37 USDT
Limit41 - 579.299 OMR
Bank TransferBank Muscat
Buy
A
Abo laian Verified Merchant
31 tradesCompletion rate 91.00%
0.42 OMR
Amount48.1 USDT
Limit3.9 - 20.202 OMR
Bank MuscatBank DhofarAirtime Mobile Top-Up
Buy
S
SULTAN—EXCHANGE Verified Merchant
47 tradesCompletion rate 100.00%
0.494 OMR
Amount10250.56 USDT
Limit3.9 - 5000 OMR
Bank TransferBank MuscatAirtime Mobile Top-Up
Buy

Sell FAKT (or USDT) for OMR (Omani Rial) offers

Bitget P2P trading currently does not support direct selling of FAKT to OMR. However, you can first exchange FAKT for USDT in the Bitget spot market, and then sell USDT to OMR in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
a
adnan125siddiqVerified Merchant
2 tradesCompletion rate 100.00%
0.391 OMR
Amount304.39 USDT
Limit30 - 195.5 OMR
Bank Muscat
Sell
K
Khizar Jamal JamaliVerified Merchant
6 tradesCompletion rate 100.00%
0.389 OMR
Amount12913.98 USDT
Limit50 - 2500 OMR
Bank TransferBank MuscatNational Bank of OmanBank DhofarAirtime Mobile Top-Up
Sell
A
Abo laian Verified Merchant
31 tradesCompletion rate 91.00%
0.389 OMR
Amount1928 USDT
Limit3.9 - 750 OMR
Bank MuscatBank DhofarAirtime Mobile Top-Up
Sell
N
Noman_5240Verified Merchant
83 tradesCompletion rate 99.00%
0.382 OMR
Amount97284.78 USDT
Limit10 - 800 OMR
Bank MuscatNational Bank of OmanAirtime Mobile Top-Up
Sell
S
Saad Ali ExchangeVerified Merchant
12 tradesCompletion rate 52.00%
0.38 OMR
Amount1000 USDT
Limit39.2 - 380 OMR
Bank TransferBank Muscat
Sell

What factors influence the conversion rate of Medifakt to Omani Rial?

Medifakt to Omani Rial is falling this week.
Medifakt's current market price is ر.ع. 0.0001458 per FAKT, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- FAKT. The trading volume of Medifakt has changed by -17.82% (ر.ع. -13,444.88 OMR) in the last 24 hours. Last trading day, FAKT's trading volume was ر.ع. 75,458.44.
Market cap
$0
24h volume
$161.12K
Circulating supply
0 FAKT

Conversion tables

The exchange rate of Medifakt is decreasing.
1 FAKT is currently valued at ر.ع. 0.0001458 OMR , which means buying 5 FAKT will cost ر.ع. 0.0007290 OMR . Similarly, ر.ع.1 OMR can be traded for 6,858.66 FAKT, and ر.ع.50 OMR can be converted to 342,933.07 FAKT, excluding any platform or gas fees.
The exchange rate of 1 FAKT to Omani Rial has changed by -26.20% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.31%, reaching a high of 0.0001540 OMR and a low of 0.0001389 OMR . One month ago, the value of 1 FAKT was ر.ع. 0.0005825 OMR , which represents a -74.99% change from its current value. Over the last year, Medifakt has changed by
-ر.ع.
0.004059OMR
, resulting in a change of -96.54% in its value.

FAKT to OMR

Amount
20:28 today
0.5 FAKT
ر.ع.0.{4}7290
1 FAKT
ر.ع.0.0001458
5 FAKT
ر.ع.0.0007290
10 FAKT
ر.ع.0.001458
50 FAKT
ر.ع.0.007290
100 FAKT
ر.ع.0.01458
500 FAKT
ر.ع.0.07290
1000 FAKT
ر.ع.0.1458

OMR to FAKT

Amount20:28 today
0.5OMR3,429.33  FAKT
1OMR6,858.66  FAKT
5OMR34,293.31  FAKT
10OMR68,586.61  FAKT
50OMR342,933.07  FAKT
100OMR685,866.15  FAKT
500OMR3,429,330.73  FAKT
1000OMR6,858,661.46  FAKT
Buy Medifakt for 1 OMR
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Today vs. 24 hours ago

Amount20:28 today24 hours ago24h change
0.5 FAKT$0.0001894$0.0002000
-5.31%
1 FAKT$0.0003788$0.0004000
-5.31%
5 FAKT$0.001894$0.002000
-5.31%
10 FAKT$0.003788$0.004000
-5.31%
50 FAKT$0.01894$0.02000
-5.31%
100 FAKT$0.03788$0.04000
-5.31%
500 FAKT$0.1894$0.2000
-5.31%
1000 FAKT$0.3788$0.4000
-5.31%

Today vs. 1 month ago

Amount20:28 today1 month ago1M change
0.5 FAKT$0.0001894$0.0007567
-74.99%
1 FAKT$0.0003788$0.001513
-74.99%
5 FAKT$0.001894$0.007567
-74.99%
10 FAKT$0.003788$0.01513
-74.99%
50 FAKT$0.01894$0.07567
-74.99%
100 FAKT$0.03788$0.1513
-74.99%
500 FAKT$0.1894$0.7567
-74.99%
1000 FAKT$0.3788$1.51
-74.99%
Buy Medifakt for 1 OMR
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Today vs. 1 year ago

Amount20:28 today1 year ago1Y change
0.5 FAKT$0.0001894$0.005462
-96.54%
1 FAKT$0.0003788$0.01092
-96.54%
5 FAKT$0.001894$0.05462
-96.54%
10 FAKT$0.003788$0.1092
-96.54%
50 FAKT$0.01894$0.5462
-96.54%
100 FAKT$0.03788$1.09
-96.54%
500 FAKT$0.1894$5.46
-96.54%
1000 FAKT$0.3788$10.92
-96.54%

Medifakt price prediction

What will the price of FAKT be in 2025?

Based on FAKT's historical price performance prediction model, the price of FAKT is projected to reach $0.001224 in 2025.

What will the price of FAKT be in 2030?

In 2030, the FAKT price is expected to change by +5.00%. By the end of 2030, the FAKT price is projected to reach $0.002109, with a cumulative ROI of +456.77%.
Buy Medifakt for 1 OMR
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Medifakt for 1 OMR
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Buy Medifakt for 1 OMR
A welcome pack worth 1000 USDT for new Bitgetters!
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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 Medifakt 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 Medifakt 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 Medifakt 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.

Buy Medifakt for 1 OMR

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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.