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base info Param

Param to Omani Rial Converter and calculator

Convert 1Param (PARAM) to Omani Rial (OMR) equals ر.ع. 0.005937 | 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 Param(PARAM) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 PARAM at a value of 1 PARAM 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 Param currency pair is the PARAM to OMR, with for Param's currency code being PARAM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.

PARAM to OMR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Param has changed -0.43% to OMR. Based on the trend and price charts, Param(PARAM) has changed -0.43% to OMR while Omani Rial(OMR) has changed % to PARAM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ع.0.005858
0.0200% / 0.0320%vip-iconVIP 7
Huobi
ر.ع.0.005924
0.1000% / 0.1000%
Yes
Gate.io
ر.ع.0.005931
0.1000% / 0.1000%
Yes
Bybit
ر.ع.0.005927
0.1000% / 0.1000%
Yes
Last updated 2024/07/10 04:00:11(UTC+0)

How to buy Param

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

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

Bitget P2P trading does not currently support direct buying of PARAM with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy PARAM with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
N
Noman_5240Verified Merchant
76 tradesCompletion rate 99.00%
0.414 OMR
Amount2281.86 USDT
Limit3.9 - 500 OMR
Bank TransferBank MuscatBank DhofarAirtime Mobile Top-Up
Buy
B
Bismillah. exchangeVerified Merchant
34 tradesCompletion rate 100.00%
0.414 OMR
Amount1152.48 USDT
Limit3.9 - 250 OMR
Bank TransferBank MuscatAirtime Mobile Top-Up
Buy
I
Imran6614Verified Merchant
30 tradesCompletion rate 100.00%
0.414 OMR
Amount125.31 USDT
Limit5 - 50 OMR
Bank MuscatAirtime Mobile Top-Up
Buy
S
Saad Ali ExchangeVerified Merchant
12 tradesCompletion rate 57.00%
0.415 OMR
Amount1430.37 USDT
Limit41 - 593.603 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

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

Bitget P2P trading currently does not support direct selling of PARAM to OMR. However, you can first exchange PARAM 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
B
Blueworld ExchangeVerified Merchant
8 tradesCompletion rate 100.00%
0.391 OMR
Amount400 USDT
Limit3.9 - 161.6 OMR
Bank TransferBank MuscatNational Bank of OmanAirtime Mobile Top-Up
Sell
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
A
Ahmed_2024Verified Merchant
46 tradesCompletion rate 100.00%
0.388 OMR
Amount24716.98 USDT
Limit20 - 2000 OMR
Bank TransferBank MuscatAirtime Mobile Top-Up
Sell

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

Param to Omani Rial is falling this week.
Param's current market price is ر.ع. 0.005937 per PARAM, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- PARAM. The trading volume of Param has changed by +3.71% (ر.ع. 23,055.31 OMR) in the last 24 hours. Last trading day, PARAM's trading volume was ر.ع. 622,141.34.
Market cap
$0
24h volume
$1.68M
Circulating supply
0 PARAM

Conversion tables

The exchange rate of Param is decreasing.
1 PARAM is currently valued at ر.ع. 0.005937 OMR , which means buying 5 PARAM will cost ر.ع. 0.02968 OMR . Similarly, ر.ع.1 OMR can be traded for 168.44 PARAM, and ر.ع.50 OMR can be converted to 8,422.19 PARAM, excluding any platform or gas fees.
The exchange rate of 1 PARAM to Omani Rial has changed by -19.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.43%, reaching a high of 0.005958 OMR and a low of 0.005890 OMR . One month ago, the value of 1 PARAM was ر.ع. 0.02467 OMR , which represents a -75.99% change from its current value. Over the last year, Param has changed by
+ر.ع.
0.005918OMR
, resulting in a change of --% in its value.

PARAM to OMR

Amount
04:37 am today
0.5 PARAM
ر.ع.0.002968
1 PARAM
ر.ع.0.005937
5 PARAM
ر.ع.0.02968
10 PARAM
ر.ع.0.05937
50 PARAM
ر.ع.0.2968
100 PARAM
ر.ع.0.5937
500 PARAM
ر.ع.2.97
1000 PARAM
ر.ع.5.94

OMR to PARAM

Amount04:37 am today
0.5OMR84.22  PARAM
1OMR168.44  PARAM
5OMR842.22  PARAM
10OMR1,684.44  PARAM
50OMR8,422.19  PARAM
100OMR16,844.37  PARAM
500OMR84,221.87  PARAM
1000OMR168,443.74  PARAM
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Today vs. 24 hours ago

Amount04:37 am today24 hours ago24h change
0.5 PARAM$0.007712$0.007745
-0.43%
1 PARAM$0.01542$0.01549
-0.43%
5 PARAM$0.07712$0.07745
-0.43%
10 PARAM$0.1542$0.1549
-0.43%
50 PARAM$0.7712$0.7745
-0.43%
100 PARAM$1.54$1.55
-0.43%
500 PARAM$7.71$7.75
-0.43%
1000 PARAM$15.42$15.49
-0.43%

Today vs. 1 month ago

Amount04:37 am today1 month ago1M change
0.5 PARAM$0.007712$0.03204
-75.99%
1 PARAM$0.01542$0.06409
-75.99%
5 PARAM$0.07712$0.3204
-75.99%
10 PARAM$0.1542$0.6409
-75.99%
50 PARAM$0.7712$3.2
-75.99%
100 PARAM$1.54$6.41
-75.99%
500 PARAM$7.71$32.04
-75.99%
1000 PARAM$15.42$64.09
-75.99%
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Today vs. 1 year ago

Amount04:37 am today1 year ago1Y change
0.5 PARAM$0.007712$0.{4}2403
--
1 PARAM$0.01542$0.{4}4806
--
5 PARAM$0.07712$0.0002403
--
10 PARAM$0.1542$0.0004806
--
50 PARAM$0.7712$0.002403
--
100 PARAM$1.54$0.004806
--
500 PARAM$7.71$0.02403
--
1000 PARAM$15.42$0.04806
--

Param price prediction

What will the price of PARAM be in 2025?

Based on PARAM's historical price performance prediction model, the price of PARAM is projected to reach $0.03169 in 2025.

What will the price of PARAM be in 2030?

In 2030, the PARAM price is expected to change by +1.00%. By the end of 2030, the PARAM price is projected to reach $0.06542, with a cumulative ROI of +324.15%.
Buy Param for 1 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 Param 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 Param 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 Param 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.

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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.