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base info Patton

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PATTON
PATTON
swap
OMR
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calculator.fiat.title

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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Bitgethot-iconcalculator.compare.best
ر.ع.0.{6}1888
0.0200% / 0.0320%vip-iconcalculator.compare.vip
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$0
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$4.21K
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0 PATTON

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0.5 PATTON
ر.ع.0.{7}9507
1 PATTON
ر.ع.0.{6}1901
5 PATTON
ر.ع.0.{6}9507
10 PATTON
ر.ع.0.{5}1901
50 PATTON
ر.ع.0.{5}9507
100 PATTON
ر.ع.0.{4}1901
500 PATTON
ر.ع.0.{4}9507
1000 PATTON
ر.ع.0.0001901

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0.5OMR2,629,775.45  PATTON
1OMR5,259,550.9  PATTON
5OMR26,297,754.49  PATTON
10OMR52,595,508.97  PATTON
50OMR262,977,544.87  PATTON
100OMR525,955,089.75  PATTON
500OMR2,629,775,448.75  PATTON
1000OMR5,259,550,897.5  PATTON

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0.5 PATTON$0.{6}2469$0.{6}2694
-8.33%
1 PATTON$0.{6}4938$0.{6}5387
-8.33%
5 PATTON$0.{5}2469$0.{5}2694
-8.33%
10 PATTON$0.{5}4938$0.{5}5387
-8.33%
50 PATTON$0.{4}2469$0.{4}2694
-8.33%
100 PATTON$0.{4}4938$0.{4}5387
-8.33%
500 PATTON$0.0002469$0.0002694
-8.33%
1000 PATTON$0.0004938$0.0005387
-8.33%

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0.5 PATTON$0.{6}2469$0.{6}3128
-21.07%
1 PATTON$0.{6}4938$0.{6}6257
-21.07%
5 PATTON$0.{5}2469$0.{5}3128
-21.07%
10 PATTON$0.{5}4938$0.{5}6257
-21.07%
50 PATTON$0.{4}2469$0.{4}3128
-21.07%
100 PATTON$0.{4}4938$0.{4}6257
-21.07%
500 PATTON$0.0002469$0.0003128
-21.07%
1000 PATTON$0.0004938$0.0006257
-21.07%

calculator.detail.price_year

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0.5 PATTON$0.{6}2469$0.00
-77.68%
1 PATTON$0.{6}4938$0.00
-77.68%
5 PATTON$0.{5}2469$0.00
-77.68%
10 PATTON$0.{5}4938$0.00
-77.68%
50 PATTON$0.{4}2469$0.00
-77.68%
100 PATTON$0.{4}4938$0.00
-77.68%
500 PATTON$0.0002469$0.00
-77.68%
1000 PATTON$0.0004938$0.00
-77.68%

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