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Velo to Omani Rial Converter and calculator

Convert 1Velo (VELO) to Omani Rial (OMR) equals ر.ع. 0.003897 | 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 Velo(VELO) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 VELO at a value of 1 VELO 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 Velo currency pair is the VELO to OMR, with for Velo's currency code being VELO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.

VELO to OMR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Velo has changed +2.45% to OMR. Based on the trend and price charts, Velo(VELO) has changed +2.45% to OMR while Omani Rial(OMR) has changed % to VELO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ع.0.003908
0.0200% / 0.0320%vip-iconVIP 7
OKX
ر.ع.0.003932
0.080% / 0.100%
Yes
Huobi
ر.ع.0.003946
0.1000% / 0.1000%
Yes
Gate.io
ر.ع.0.003934
0.1000% / 0.1000%
Yes
Bybit
ر.ع.0.003919
0.1000% / 0.1000%
Yes
KuCoin
ر.ع.0.003935
0.1000% / 0.1000%
Yes
Last updated 2024/07/01 18:00:20(UTC+0)

How to buy Velo

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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Velo (VELO)
Use a variety of payment options to buy Velo on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of VELO with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy VELO with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
A
Abo laian Verified Merchant
36 tradesCompletion rate 86.00%
0.41 OMR
Amount247.19 USDT
Limit3.9 - 101 OMR
Bank MuscatBank DhofarAirtime Mobile Top-Up
Buy
a
abdullah963Verified Merchant
4 tradesCompletion rate 80.00%
0.419 OMR
Amount240 USDT
Limit3.9 - 100 OMR
Bank MuscatAirtime Mobile Top-Up
Buy
I
Imran6614Verified Merchant
19 tradesCompletion rate 86.00%
0.45 OMR
Amount130 USDT
Limit5 - 50 OMR
Bank MuscatAirtime Mobile Top-Up
Buy
A
Al-Jadeed0001Verified Merchant
79 tradesCompletion rate 94.00%
0.47 OMR
Amount387.87 USDT
Limit3.9 - 100 OMR
Bank TransferBank Muscat
Buy
N
Noman_5240Verified Merchant
102 tradesCompletion rate 95.00%
0.494 OMR
Amount11031.42 USDT
Limit3.9 - 5000 OMR
Bank TransferBank MuscatBank DhofarAirtime Mobile Top-Up
Buy

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

Bitget P2P trading currently does not support direct selling of VELO to OMR. However, you can first exchange VELO 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
𝕸𝖗-𝕬𝖙𝖙𝖔𝖈𝖐Verified Merchant
122 tradesCompletion rate 97.00%
0.39 OMR
Amount2187.58 USDT
Limit3.9 - 300 OMR
Bank Muscat
Sell
A
Ahmed_2024Verified Merchant
46 tradesCompletion rate 100.00%
0.39 OMR
Amount28259.4 USDT
Limit20 - 2000 OMR
Bank TransferBank MuscatAirtime Mobile Top-Up
Sell
D
DS tradingVerified Merchant
1 tradesCompletion rate 100.00%
0.389 OMR
Amount2500 USDT
Limit100 - 250 OMR
Bank Muscat
Sell
K
Khizar Jamal JamaliVerified Merchant
14 tradesCompletion rate 88.00%
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
36 tradesCompletion rate 86.00%
0.387 OMR
Amount1673.03 USDT
Limit3.9 - 774 OMR
Bank TransferBank MuscatBank DhofarAirtime Mobile Top-Up
Sell

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

Velo to Omani Rial is falling this week.
Velo's current market price is ر.ع. 0.003897 per VELO, with a total market cap of ر.ع. 28,801,451.25 OMR based on a circulating supply of 7,390,476,000 VELO. The trading volume of Velo has changed by +21.74% (ر.ع. 1,590,928.48 OMR) in the last 24 hours. Last trading day, VELO's trading volume was ر.ع. 7,318,887.26.
Market cap
$74.83M
24h volume
$23.15M
Circulating supply
7.39B VELO

Conversion tables

The exchange rate of Velo is decreasing.
1 VELO is currently valued at ر.ع. 0.003897 OMR , which means buying 5 VELO will cost ر.ع. 0.01949 OMR . Similarly, ر.ع.1 OMR can be traded for 256.6 VELO, and ر.ع.50 OMR can be converted to 12,830.04 VELO, excluding any platform or gas fees.
The exchange rate of 1 VELO to Omani Rial has changed by -4.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.45%, reaching a high of 0.004194 OMR and a low of 0.003803 OMR . One month ago, the value of 1 VELO was ر.ع. 0.007030 OMR , which represents a -44.50% change from its current value. Over the last year, Velo has changed by
+ر.ع.
0.002804OMR
, resulting in a change of +253.81% in its value.

VELO to OMR

Amount
18:55 today
0.5 VELO
ر.ع.0.001949
1 VELO
ر.ع.0.003897
5 VELO
ر.ع.0.01949
10 VELO
ر.ع.0.03897
50 VELO
ر.ع.0.1949
100 VELO
ر.ع.0.3897
500 VELO
ر.ع.1.95
1000 VELO
ر.ع.3.9

OMR to VELO

Amount18:55 today
0.5OMR128.3  VELO
1OMR256.6  VELO
5OMR1,283  VELO
10OMR2,566.01  VELO
50OMR12,830.04  VELO
100OMR25,660.08  VELO
500OMR128,300.4  VELO
1000OMR256,600.8  VELO
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Today vs. 24 hours ago

Amount18:55 today24 hours ago24h change
0.5 VELO$0.005062$0.004941
+2.45%
1 VELO$0.01012$0.009882
+2.45%
5 VELO$0.05062$0.04941
+2.45%
10 VELO$0.1012$0.09882
+2.45%
50 VELO$0.5062$0.4941
+2.45%
100 VELO$1.01$0.9882
+2.45%
500 VELO$5.06$4.94
+2.45%
1000 VELO$10.12$9.88
+2.45%

Today vs. 1 month ago

Amount18:55 today1 month ago1M change
0.5 VELO$0.005062$0.009133
-44.50%
1 VELO$0.01012$0.01827
-44.50%
5 VELO$0.05062$0.09133
-44.50%
10 VELO$0.1012$0.1827
-44.50%
50 VELO$0.5062$0.9133
-44.50%
100 VELO$1.01$1.83
-44.50%
500 VELO$5.06$9.13
-44.50%
1000 VELO$10.12$18.27
-44.50%
Buy Velo for 1 OMR
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount18:55 today1 year ago1Y change
0.5 VELO$0.005062$0.001420
+253.81%
1 VELO$0.01012$0.002841
+253.81%
5 VELO$0.05062$0.01420
+253.81%
10 VELO$0.1012$0.02841
+253.81%
50 VELO$0.5062$0.1420
+253.81%
100 VELO$1.01$0.2841
+253.81%
500 VELO$5.06$1.42
+253.81%
1000 VELO$10.12$2.84
+253.81%

Velo price prediction

What will the price of VELO be in 2025?

Based on VELO's historical price performance prediction model, the price of VELO is projected to reach $0.01234 in 2025.

What will the price of VELO be in 2030?

In 2030, the VELO price is expected to rise by -5.00%. By the end of 2030, the VELO price is projected to reach $0.02266, with a cumulative ROI of +123.80%.
Buy Velo for 1 OMR
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Buy Velo 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 Velo 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 Velo 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 Velo 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 Velo 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.