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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.99%
New listings on Bitget: Pi Network
BTC/USDT$83478.95 (-2.69%)Fear and Greed Index29(Fear)
Altcoin season index:15(Bitcoin season)
Coins listed in Pre-MarketPAWSTotal spot Bitcoin ETF netflow +$76.4M (1D); -$630M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.99%
New listings on Bitget: Pi Network
BTC/USDT$83478.95 (-2.69%)Fear and Greed Index29(Fear)
Altcoin season index:15(Bitcoin season)
Coins listed in Pre-MarketPAWSTotal spot Bitcoin ETF netflow +$76.4M (1D); -$630M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
OMI
ZAR
Last updated as of 2025/04/16 05:44:36 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of ECOMI(OMI) to Saudi Riyal(ZAR). This is the real-time data. The current conversion shows 1 OMI at a value of 1 OMI for 0.01 ZAR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
ZAR information
About Saudi Riyal (SAR)
The Saudi Riyal (SAR), introduced in 1925, is not just the official currency of Saudi Arabia; it is a symbol of the nation's economic prosperity and cultural heritage. It is commonly abbreviated as SAR and represented by the symbol ر.س. Emerging alongside the founding of Saudi Arabia, the Riyal reflects the country's transformation from a desert kingdom to a global oil powerhouse.
Historical Background
The establishment of the Saudi Riyal was a key step in consolidating the economic foundations of the newly formed Kingdom of Saudi Arabia. Replacing the Hejaz Riyal and other regional currencies, the Saudi Riyal marked the unification of the Kingdom's monetary system, mirroring its political consolidation under King Abdulaziz Al Saud.
Design and Symbolism
The design of the Saudi Riyal combines elements of Saudi Arabia's rich history and Islamic heritage. Banknotes and coins feature intricate Islamic art, images of the King, and landmarks such as the Kaaba in Mecca and the Kingdom Centre in Riyadh. These designs do more than facilitate transactions; they are a celebration of Saudi identity and pride.
Economic Role
The Riyal is central to Saudi Arabia’s economy, underpinned by the country's vast oil reserves. As the medium of exchange, it supports the oil sector, which dominates the economy, and facilitates other key sectors like construction, finance, and tourism. The Riyal’s stability is crucial for the country's economic health and its role in global energy markets.
Monetary Policy and Stability
Managed by the Saudi Arabian Monetary Authority (SAMA), the Riyal is pegged to the US Dollar, reflecting the longstanding economic relationship between Saudi Arabia and the United States, particularly in the oil sector. This peg provides stability to the Riyal, but it also ties its fortunes to the fluctuations of the US economy and dollar.
International Trade and the Saudi Riyal
In international trade, the stability of the Riyal, especially given its peg to the US Dollar, is crucial for Saudi Arabia's oil exports. A stable Riyal is vital for maintaining competitive oil prices in global markets and for the country's extensive import needs.
Remittances and Economic Impact
Remittances from expatriates working in Saudi Arabia, particularly in the oil, construction, and service sectors, are significant. While these remittances involve substantial outflows of Riyals, they also reflect the country's role as a major employer in the region.
Bitget crypto-to-fiat exchange data shows that the most popular ECOMI currency pair is the OMI to ZAR, with for ECOMI's currency code being OMI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ZAR.
OMI to ZAR conversion rate trend
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In the past 1D, ECOMI has changed +0.19% to ZAR. Based on the trend and price charts, ECOMI(OMI) has changed +0.19% to ZAR while Saudi Riyal(ZAR) has changed -0.19% to OMI in the last 24 hours.
OMI to ZAR market statistics
OMI/ZAR:
R 0.009853
OMI 24h volume:
--
OMI market cap:
--
OMI circulating supply:
0 OMI
More info about ECOMI on Bitget
Current OMI to ZAR exchange rate
ECOMI to Saudi Riyal is rising this week.ECOMI's current market price is R 0.009853 per OMI, with a total market cap of R 0 ZAR based on a circulating supply of -- OMI. The trading volume of ECOMI has changed by 0.00% (R 0 ZAR) in the last 24 hours. Last trading day, OMI's trading volume was R 0.
OMI to ZAR Conversion tables
The exchange rate of ECOMI is decreasing.1 OMI is currently valued at R 0.009853 ZAR , which means buying 5 OMI will cost R 0.04927 ZAR . Similarly, R1 ZAR can be traded for 101.49 OMI, and R50 ZAR can be converted to 5,074.51 OMI, excluding any platform or gas fees.
The exchange rate of 1 OMI to Saudi Riyal has changed by +28.35% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.19%, reaching a high of 0.009863 ZAR and a low of 0.009823 ZAR . One month ago, the value of 1 OMI was R 0.009901 ZAR , which represents a -0.48% change from its current value. Over the last year, ECOMI has changed by , resulting in a change of -48.16% in its value.
-R
0.009154ZAROMI to ZAR
Amount
05:44 am today
0.5 OMI
R0.004927
1 OMI
R0.009853
5 OMI
R0.04927
10 OMI
R0.09853
50 OMI
R0.4927
100 OMI
R0.9853
500 OMI
R4.93
1000 OMI
R9.85
ZAR to OMI
Amount05:44 am today
0.5ZAR50.75 OMI
1ZAR101.49 OMI
5ZAR507.45 OMI
10ZAR1,014.9 OMI
50ZAR5,074.51 OMI
100ZAR10,149.01 OMI
500ZAR50,745.05 OMI
1000ZAR101,490.11 OMI
OMI to ZAR Today vs. 24 hours ago
| Amount | 05:44 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OMI | R0.004927 | R0.004917 | +0.19% |
| 1 OMI | R0.009853 | R0.009834 | +0.19% |
| 5 OMI | R0.04927 | R0.04917 | +0.19% |
| 10 OMI | R0.09853 | R0.09834 | +0.19% |
| 50 OMI | R0.4927 | R0.4917 | +0.19% |
| 100 OMI | R0.9853 | R0.9834 | +0.19% |
| 500 OMI | R4.93 | R4.92 | +0.19% |
| 1000 OMI | R9.85 | R9.83 | +0.19% |
OMI to ZAR Today vs. 1 month ago
| Amount | 05:44 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OMI | R0.004927 | R0.004950 | -0.48% |
| 1 OMI | R0.009853 | R0.009901 | -0.48% |
| 5 OMI | R0.04927 | R0.04950 | -0.48% |
| 10 OMI | R0.09853 | R0.09901 | -0.48% |
| 50 OMI | R0.4927 | R0.4950 | -0.48% |
| 100 OMI | R0.9853 | R0.9901 | -0.48% |
| 500 OMI | R4.93 | R4.95 | -0.48% |
| 1000 OMI | R9.85 | R9.9 | -0.48% |
OMI to ZAR Today vs. 1 year ago
| Amount | 05:44 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OMI | R0.004927 | R0.009503 | -48.16% |
| 1 OMI | R0.009853 | R0.01901 | -48.16% |
| 5 OMI | R0.04927 | R0.09503 | -48.16% |
| 10 OMI | R0.09853 | R0.1901 | -48.16% |
| 50 OMI | R0.4927 | R0.9503 | -48.16% |
| 100 OMI | R0.9853 | R1.9 | -48.16% |
| 500 OMI | R4.93 | R9.5 | -48.16% |
| 1000 OMI | R9.85 | R19.01 | -48.16% |
How to convert OMI to ZAR
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Convert OMI to ZAR
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Learn moreBuy OMI (or USDT) for ZAR (South African Rand) offers
Bitget P2P trading does not currently support direct buying of OMI with ZAR. However, you can buy USDT in Bitget P2P trading first, and then buy OMI with USDT via Bitget spot market.
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Sell OMI (or USDT) for ZAR (South African Rand) offers
Bitget P2P trading currently does not support direct selling of OMI to ZAR. However, you can first exchange OMI for USDT in the Bitget spot market, and then sell USDT to ZAR in Bitget P2P trading.
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What factors influence the conversion rate of OMI to ZAR?
There are many factors that affect the relationship between ECOMI and South African Rand, 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 OMI/ZAR. When there is positive news in the market about the widespread adoption of OMI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OMI/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OMI/ZAR.
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 OMI/ZAR. 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 ECOMI and adjust their investment strategies accordingly in the evolving market.
ECOMI price prediction
What will the price of OMI be in 2026?
Based on OMI's historical price performance prediction model, the price of OMI is projected to reach $0.0002732 in 2026.
What will the price of OMI be in 2031?
In 2031, the OMI price is expected to change by +38.00%. By the end of 2031, the OMI price is projected to reach $0.0005423, with a cumulative ROI of +4.63%.
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Popular ECOMI Converter
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1 OMI to ¥ 0.003797 CNY
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1 OMI to $ 0.0005184 USD
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1 OMI to € 0.0004569 EUR
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1 OMI to $ 0.0007225 CAD
OMI to SAR
1 OMI to ر.س 0.001945 SAR
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1 OMI to ₩ 0.7388 KRW
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1 OMI to £ 0.0003908 GBP
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1 OMI to R$ 0.003052 BRL
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