LABZ
OMR
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Insane Labz(LABZ) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 LABZ at a value of 1 LABZ 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.
Bitget crypto-to-fiat exchange data shows that the most popular Insane Labz currency pair is the LABZ to OMR, with for Insane Labz's currency code being LABZ. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
LABZ to OMR conversion rate trend
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In the past 1D, Insane Labz has changed -4.71% to OMR. Based on the trend and price charts, Insane Labz(LABZ) has changed -4.71% to OMR while Omani Rial(OMR) has changed % to LABZ in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ع.0.006136 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 08:31:16(UTC+0)
How to buy Insane Labz
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Buy Insane Labz (LABZ)
Use a variety of payment options to buy Insane Labz on Bitget. We'll show you how.
Buy LABZ (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of LABZ with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy LABZ with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell LABZ (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of LABZ to OMR. However, you can first exchange LABZ for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Insane Labz to Omani Rial?
Insane Labz to Omani Rial is falling this week.Insane Labz's current market price is ر.ع. 0.006134 per LABZ, with a total market cap of ر.ع. 304,990.27 OMR based on a circulating supply of 49,718,010 LABZ. The trading volume of Insane Labz has changed by -7.63% (ر.ع. -3,391.02 OMR) in the last 24 hours. Last trading day, LABZ's trading volume was ر.ع. 44,424.67.
Market cap
$792.39K
24h volume
$106.61K
Circulating supply
49.72M LABZ
Conversion tables
The exchange rate of Insane Labz is decreasing.1 LABZ is currently valued at ر.ع. 0.006134 OMR , which means buying 5 LABZ will cost ر.ع. 0.03067 OMR . Similarly, ر.ع.1 OMR can be traded for 163.02 LABZ, and ر.ع.50 OMR can be converted to 8,150.75 LABZ, excluding any platform or gas fees.
The exchange rate of 1 LABZ to Omani Rial has changed by -58.27% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.71%, reaching a high of 0.006442 OMR and a low of 0.006133 OMR . One month ago, the value of 1 LABZ was ر.ع. 0.01885 OMR , which represents a -67.46% change from its current value. Over the last year, Insane Labz has changed by , resulting in a change of -58.98% in its value.
-ر.ع.
0.008823OMRLABZ to OMR
Amount
13:48 today
0.5 LABZ
ر.ع.0.003067
1 LABZ
ر.ع.0.006134
5 LABZ
ر.ع.0.03067
10 LABZ
ر.ع.0.06134
50 LABZ
ر.ع.0.3067
100 LABZ
ر.ع.0.6134
500 LABZ
ر.ع.3.07
1000 LABZ
ر.ع.6.13
OMR to LABZ
Amount13:48 today
0.5OMR81.51 LABZ
1OMR163.02 LABZ
5OMR815.08 LABZ
10OMR1,630.15 LABZ
50OMR8,150.75 LABZ
100OMR16,301.51 LABZ
500OMR81,507.53 LABZ
1000OMR163,015.07 LABZ
Today vs. 24 hours ago
| Amount | 13:48 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LABZ | $0.007969 | $0.008363 | -4.71% |
| 1 LABZ | $0.01594 | $0.01673 | -4.71% |
| 5 LABZ | $0.07969 | $0.08363 | -4.71% |
| 10 LABZ | $0.1594 | $0.1673 | -4.71% |
| 50 LABZ | $0.7969 | $0.8363 | -4.71% |
| 100 LABZ | $1.59 | $1.67 | -4.71% |
| 500 LABZ | $7.97 | $8.36 | -4.71% |
| 1000 LABZ | $15.94 | $16.73 | -4.71% |
Today vs. 1 month ago
| Amount | 13:48 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LABZ | $0.007969 | $0.02449 | -67.46% |
| 1 LABZ | $0.01594 | $0.04898 | -67.46% |
| 5 LABZ | $0.07969 | $0.2449 | -67.46% |
| 10 LABZ | $0.1594 | $0.4898 | -67.46% |
| 50 LABZ | $0.7969 | $2.45 | -67.46% |
| 100 LABZ | $1.59 | $4.9 | -67.46% |
| 500 LABZ | $7.97 | $24.49 | -67.46% |
| 1000 LABZ | $15.94 | $48.98 | -67.46% |
Today vs. 1 year ago
| Amount | 13:48 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LABZ | $0.007969 | $0.01943 | -58.98% |
| 1 LABZ | $0.01594 | $0.03886 | -58.98% |
| 5 LABZ | $0.07969 | $0.1943 | -58.98% |
| 10 LABZ | $0.1594 | $0.3886 | -58.98% |
| 50 LABZ | $0.7969 | $1.94 | -58.98% |
| 100 LABZ | $1.59 | $3.89 | -58.98% |
| 500 LABZ | $7.97 | $19.43 | -58.98% |
| 1000 LABZ | $15.94 | $38.86 | -58.98% |
Insane Labz price prediction
What will the price of LABZ be in 2025?
Based on LABZ's historical price performance prediction model, the price of LABZ is projected to reach $0.02557 in 2025.
What will the price of LABZ be in 2030?
In 2030, the LABZ price is expected to change by -1.00%. By the end of 2030, the LABZ price is projected to reach $0.02937, with a cumulative ROI of +73.95%.
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Popular Insane Labz conversions
Check out these popular currency conversions of Insane Labz to several fiat currencies.
Insane Labz to USD
1 LABZ to $ 0.01594 USD
Insane Labz to GBP
1 LABZ to £ 0.01268 GBP
Insane Labz to EUR
1 LABZ to € 0.01528 EUR
Insane Labz to KRW
1 LABZ to ₩ 23.05 KRW
Insane Labz to CAD
1 LABZ to $ 0.02288 CAD
Insane Labz to AUD
1 LABZ to $ 0.02550 AUD
Insane Labz to JPY
1 LABZ to ¥ 2.49 JPY
Insane Labz to BRL
1 LABZ to R$ 0.09700 BRL
Insane Labz to CNY
1 LABZ to ¥ 0.1163 CNY
Insane Labz to TWD
1 LABZ to NT$ 0.5201 TWD
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1 HIVE to ر.ع. 0.1456 OMR
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1 IDEX to ر.ع. 0.02407 OMR
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1 HEX to ر.ع. 0.006028 OMR
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1 CHEX to ر.ع. 0.2136 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 Insane Labz 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 Insane Labz 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 Insane Labz 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.
