RAKE
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 RakeIn(RAKE) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 RAKE at a value of 1 RAKE 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.
Bitget crypto-to-fiat exchange data shows that the most popular RakeIn currency pair is the RAKE to OMR, with for RakeIn's currency code being RAKE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
RAKE to OMR conversion rate trend
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In the past 1D, RakeIn has changed -3.56% to OMR. Based on the trend and price charts, RakeIn(RAKE) has changed -3.56% to OMR while Omani Rial(OMR) has changed % to RAKE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ع.0.0008974 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/16 16:38:04(UTC+0)
How to buy RakeIn
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Buy RakeIn (RAKE)
Use a variety of payment options to buy RakeIn on Bitget. We'll show you how.
Buy RAKE (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of RAKE with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy RAKE 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 RAKE (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of RAKE to OMR. However, you can first exchange RAKE 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 RakeIn to Omani Rial?
RakeIn to Omani Rial is rising this week.RakeIn's current market price is ر.ع. 0.0008974 per RAKE, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- RAKE. The trading volume of RakeIn has changed by -100.00% (ر.ع. -- OMR) in the last 24 hours. Last trading day, RAKE's trading volume was ر.ع. --.
Market cap
$0
24h volume
$0
Circulating supply
0 RAKE
Conversion tables
The exchange rate of RakeIn is increasing.1 RAKE is currently valued at ر.ع. 0.0008974 OMR , which means buying 5 RAKE will cost ر.ع. 0.004487 OMR . Similarly, ر.ع.1 OMR can be traded for 1,114.3 RAKE, and ر.ع.50 OMR can be converted to 55,715.01 RAKE, excluding any platform or gas fees.
The exchange rate of 1 RAKE to Omani Rial has changed by +4.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.56%, reaching a high of 0.0009305 OMR and a low of 0.0008974 OMR . One month ago, the value of 1 RAKE was ر.ع. 0.0008499 OMR , which represents a +5.59% change from its current value. Over the last year, RakeIn has changed by , resulting in a change of +126.53% in its value.
+ر.ع.
0.0005013OMRRAKE to OMR
Amount
21:48 today
0.5 RAKE
ر.ع.0.0004487
1 RAKE
ر.ع.0.0008974
5 RAKE
ر.ع.0.004487
10 RAKE
ر.ع.0.008974
50 RAKE
ر.ع.0.04487
100 RAKE
ر.ع.0.08974
500 RAKE
ر.ع.0.4487
1000 RAKE
ر.ع.0.8974
OMR to RAKE
Amount21:48 today
0.5OMR557.15 RAKE
1OMR1,114.3 RAKE
5OMR5,571.5 RAKE
10OMR11,143 RAKE
50OMR55,715.01 RAKE
100OMR111,430.02 RAKE
500OMR557,150.08 RAKE
1000OMR1,114,300.17 RAKE
Today vs. 24 hours ago
| Amount | 21:48 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RAKE | $0.001166 | $0.001209 | -3.56% |
| 1 RAKE | $0.002332 | $0.002418 | -3.56% |
| 5 RAKE | $0.01166 | $0.01209 | -3.56% |
| 10 RAKE | $0.02332 | $0.02418 | -3.56% |
| 50 RAKE | $0.1166 | $0.1209 | -3.56% |
| 100 RAKE | $0.2332 | $0.2418 | -3.56% |
| 500 RAKE | $1.17 | $1.21 | -3.56% |
| 1000 RAKE | $2.33 | $2.42 | -3.56% |
Today vs. 1 month ago
| Amount | 21:48 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RAKE | $0.001166 | $0.001104 | +5.59% |
| 1 RAKE | $0.002332 | $0.002208 | +5.59% |
| 5 RAKE | $0.01166 | $0.01104 | +5.59% |
| 10 RAKE | $0.02332 | $0.02208 | +5.59% |
| 50 RAKE | $0.1166 | $0.1104 | +5.59% |
| 100 RAKE | $0.2332 | $0.2208 | +5.59% |
| 500 RAKE | $1.17 | $1.1 | +5.59% |
| 1000 RAKE | $2.33 | $2.21 | +5.59% |
Today vs. 1 year ago
| Amount | 21:48 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RAKE | $0.001166 | $0.0005146 | +126.53% |
| 1 RAKE | $0.002332 | $0.001029 | +126.53% |
| 5 RAKE | $0.01166 | $0.005146 | +126.53% |
| 10 RAKE | $0.02332 | $0.01029 | +126.53% |
| 50 RAKE | $0.1166 | $0.05146 | +126.53% |
| 100 RAKE | $0.2332 | $0.1029 | +126.53% |
| 500 RAKE | $1.17 | $0.5146 | +126.53% |
| 1000 RAKE | $2.33 | $1.03 | +126.53% |
RakeIn price prediction
What will the price of RAKE be in 2025?
Based on RAKE's historical price performance prediction model, the price of RAKE is projected to reach $0.003143 in 2025.
What will the price of RAKE be in 2030?
In 2030, the RAKE price is expected to change by -1.00%. By the end of 2030, the RAKE price is projected to reach $0.008008, with a cumulative ROI of +243.46%.
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Popular RakeIn conversions
Check out these popular currency conversions of RakeIn to several fiat currencies.
RakeIn to USD
1 RAKE to $ 0.002332 USD
RakeIn to GBP
1 RAKE to £ 0.001848 GBP
RakeIn to EUR
1 RAKE to € 0.002211 EUR
RakeIn to KRW
1 RAKE to ₩ 3.25 KRW
RakeIn to CAD
1 RAKE to $ 0.003288 CAD
RakeIn to AUD
1 RAKE to $ 0.003609 AUD
RakeIn to JPY
1 RAKE to ¥ 0.3598 JPY
RakeIn to BRL
1 RAKE to R$ 0.01352 BRL
RakeIn to CNY
1 RAKE to ¥ 0.01687 CNY
RakeIn to TWD
1 RAKE to NT$ 0.07572 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 RakeIn 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 RakeIn 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 RakeIn 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.
