OTK
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 Octokn(OTK) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 OTK at a value of 1 OTK 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 Octokn currency pair is the OTK to OMR, with for Octokn's currency code being OTK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
OTK to OMR conversion rate trend
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In the past 1D, Octokn has changed +3.81% to OMR. Based on the trend and price charts, Octokn(OTK) has changed +3.81% to OMR while Omani Rial(OMR) has changed % to OTK in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ع.0.008643 | 0.0200% / 0.0320%  VIP 7 | |
KuCoin | ر.ع.0.008704 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/16 08:00:18(UTC+0)
How to buy Octokn
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.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Octokn (OTK)
Use a variety of payment options to buy Octokn on Bitget. We'll show you how.
Buy OTK (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of OTK with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy OTK 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 OTK (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of OTK to OMR. However, you can first exchange OTK 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 Octokn to Omani Rial?
Octokn to Omani Rial is falling this week.Octokn's current market price is ر.ع. 0.008633 per OTK, with a total market cap of ر.ع. 2,616,926.2 OMR based on a circulating supply of 303,136,900 OTK. The trading volume of Octokn has changed by -37.39% (ر.ع. -18,327.94 OMR) in the last 24 hours. Last trading day, OTK's trading volume was ر.ع. 49,017.51.
Market cap
$6.80M
24h volume
$79.73K
Circulating supply
303.14M OTK
Conversion tables
The exchange rate of Octokn is decreasing.1 OTK is currently valued at ر.ع. 0.008633 OMR , which means buying 5 OTK will cost ر.ع. 0.04316 OMR . Similarly, ر.ع.1 OMR can be traded for 115.84 OTK, and ر.ع.50 OMR can be converted to 5,791.85 OTK, excluding any platform or gas fees.
The exchange rate of 1 OTK to Omani Rial has changed by -14.29% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.81%, reaching a high of 0.009160 OMR and a low of 0.007809 OMR . One month ago, the value of 1 OTK was ر.ع. 0.01120 OMR , which represents a -22.92% change from its current value. Over the last year, Octokn has changed by , resulting in a change of +30.46% in its value.
+ر.ع.
0.002017OMROTK to OMR
Amount
15:29 today
0.5 OTK
ر.ع.0.004316
1 OTK
ر.ع.0.008633
5 OTK
ر.ع.0.04316
10 OTK
ر.ع.0.08633
50 OTK
ر.ع.0.4316
100 OTK
ر.ع.0.8633
500 OTK
ر.ع.4.32
1000 OTK
ر.ع.8.63
OMR to OTK
Amount15:29 today
0.5OMR57.92 OTK
1OMR115.84 OTK
5OMR579.19 OTK
10OMR1,158.37 OTK
50OMR5,791.85 OTK
100OMR11,583.7 OTK
500OMR57,918.5 OTK
1000OMR115,837.01 OTK
Today vs. 24 hours ago
| Amount | 15:29 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OTK | $0.01121 | $0.01080 | +3.81% |
| 1 OTK | $0.02243 | $0.02161 | +3.81% |
| 5 OTK | $0.1121 | $0.1080 | +3.81% |
| 10 OTK | $0.2243 | $0.2161 | +3.81% |
| 50 OTK | $1.12 | $1.08 | +3.81% |
| 100 OTK | $2.24 | $2.16 | +3.81% |
| 500 OTK | $11.21 | $10.8 | +3.81% |
| 1000 OTK | $22.43 | $21.61 | +3.81% |
Today vs. 1 month ago
| Amount | 15:29 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OTK | $0.01121 | $0.01455 | -22.92% |
| 1 OTK | $0.02243 | $0.02910 | -22.92% |
| 5 OTK | $0.1121 | $0.1455 | -22.92% |
| 10 OTK | $0.2243 | $0.2910 | -22.92% |
| 50 OTK | $1.12 | $1.46 | -22.92% |
| 100 OTK | $2.24 | $2.91 | -22.92% |
| 500 OTK | $11.21 | $14.55 | -22.92% |
| 1000 OTK | $22.43 | $29.1 | -22.92% |
Today vs. 1 year ago
| Amount | 15:29 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OTK | $0.01121 | $0.008594 | +30.46% |
| 1 OTK | $0.02243 | $0.01719 | +30.46% |
| 5 OTK | $0.1121 | $0.08594 | +30.46% |
| 10 OTK | $0.2243 | $0.1719 | +30.46% |
| 50 OTK | $1.12 | $0.8594 | +30.46% |
| 100 OTK | $2.24 | $1.72 | +30.46% |
| 500 OTK | $11.21 | $8.59 | +30.46% |
| 1000 OTK | $22.43 | $17.19 | +30.46% |
Octokn price prediction
What will the price of OTK be in 2025?
Based on OTK's historical price performance prediction model, the price of OTK is projected to reach $0.04144 in 2025.
What will the price of OTK be in 2030?
In 2030, the OTK price is expected to change by -10.00%. By the end of 2030, the OTK price is projected to reach $0.04688, with a cumulative ROI of +94.20%.
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Popular Octokn conversions
Check out these popular currency conversions of Octokn to several fiat currencies.
Octokn to USD
1 OTK to $ 0.02243 USD
Octokn to GBP
1 OTK to £ 0.01777 GBP
Octokn to EUR
1 OTK to € 0.02127 EUR
Octokn to KRW
1 OTK to ₩ 31.31 KRW
Octokn to CAD
1 OTK to $ 0.03163 CAD
Octokn to AUD
1 OTK to $ 0.03471 AUD
Octokn to JPY
1 OTK to ¥ 3.46 JPY
Octokn to BRL
1 OTK to R$ 0.1300 BRL
Octokn to CNY
1 OTK to ¥ 0.1623 CNY
Octokn to TWD
1 OTK to NT$ 0.7284 TWD
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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 Octokn 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 Octokn 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 Octokn 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.
