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PAX Gold to Omani Rial Converter and calculator

Convert 1PAX Gold (PAXG) to Omani Rial (OMR) equals ر.ع. 1,054.87 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of PAX Gold(PAXG) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 PAXG at a value of 1 PAXG for 1,054.87 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.

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Bitget crypto-to-fiat exchange data shows that the most popular PAX Gold currency pair is the PAXG to OMR, with for PAX Gold's currency code being PAXG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.

PAXG to OMR conversion rate trend

1D7D1M3M1YAll
In the past 1D, PAX Gold has changed -0.14% to OMR. Based on the trend and price charts, PAX Gold(PAXG) has changed -0.14% to OMR while Omani Rial(OMR) has changed % to PAXG in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ع.1,054.66
0.0200% / 0.0320%vip-iconVIP 7
Binance
ر.ع.1,054.52
0.1000% / 0.1000%
Yes
Bybit
ر.ع.1,056.73
0.1000% / 0.1000%
Yes
KuCoin
ر.ع.1,054.03
0.1000% / 0.1000%
Yes
Last updated 2024/11/05 16:00:13(UTC+0)

How to buy PAX Gold

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Buy PAX Gold (PAXG)
Use a variety of payment options to buy PAX Gold on Bitget. We'll show you how.

Buy PAXG (or USDT) for OMR (Omani Rial) offers

Bitget P2P trading does not currently support direct buying of PAXG with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy PAXG with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell PAXG (or USDT) for OMR (Omani Rial) offers

Bitget P2P trading currently does not support direct selling of PAXG to OMR. However, you can first exchange PAXG for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of PAX Gold to Omani Rial?

PAX Gold to Omani Rial is falling this week.
PAX Gold's current market price is ر.ع. 1,054.87 per PAXG, with a total market cap of ر.ع. 208,411,510.68 OMR based on a circulating supply of 197,570.95 PAXG. The trading volume of PAX Gold has changed by +29.25% (ر.ع. 715,075.07 OMR) in the last 24 hours. Last trading day, PAXG's trading volume was ر.ع. 2,444,291.63.
Market cap
$541.33M
24h volume
$8.21M
Circulating supply
197.57K PAXG

Conversion tables

The exchange rate of PAX Gold is increasing.
1 PAXG is currently valued at ر.ع. 1,054.87 OMR , which means buying 5 PAXG will cost ر.ع. 5,274.35 OMR . Similarly, ر.ع.1 OMR can be traded for 0.0009480 PAXG, and ر.ع.50 OMR can be converted to 0.04740 PAXG, excluding any platform or gas fees.
The exchange rate of 1 PAXG to Omani Rial has changed by -0.73% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.14%, reaching a high of 1,058.01 OMR and a low of 1,052.99 OMR . One month ago, the value of 1 PAXG was ر.ع. 1,031.73 OMR , which represents a +2.24% change from its current value. Over the last year, PAX Gold has changed by
+ر.ع.
30.27OMR
, resulting in a change of +39.72% in its value.

PAXG to OMR

Amount
19:54 today
0.5 PAXG
ر.ع.527.43
1 PAXG
ر.ع.1,054.87
5 PAXG
ر.ع.5,274.35
10 PAXG
ر.ع.10,548.69
50 PAXG
ر.ع.52,743.46
100 PAXG
ر.ع.105,486.92
500 PAXG
ر.ع.527,434.6
1000 PAXG
ر.ع.1,054,869.2

OMR to PAXG

Amount19:54 today
0.5OMR0.0004740  PAXG
1OMR0.0009480  PAXG
5OMR0.004740  PAXG
10OMR0.009480  PAXG
50OMR0.04740  PAXG
100OMR0.09480  PAXG
500OMR0.4740  PAXG
1000OMR0.9480  PAXG

Today vs. 24 hours ago

Amount19:54 today24 hours ago24h change
0.5 PAXG$1,369.96$1,371.88
-0.14%
1 PAXG$2,739.92$2,743.76
-0.14%
5 PAXG$13,699.6$13,718.82
-0.14%
10 PAXG$27,399.2$27,437.63
-0.14%
50 PAXG$136,996$137,188.16
-0.14%
100 PAXG$273,992$274,376.32
-0.14%
500 PAXG$1,369,960$1,371,881.6
-0.14%
1000 PAXG$2,739,920$2,743,763.2
-0.14%

Today vs. 1 month ago

Amount19:54 today1 month ago1M change
0.5 PAXG$1,369.96$1,339.91
+2.24%
1 PAXG$2,739.92$2,679.81
+2.24%
5 PAXG$13,699.6$13,399.05
+2.24%
10 PAXG$27,399.2$26,798.1
+2.24%
50 PAXG$136,996$133,990.52
+2.24%
100 PAXG$273,992$267,981.05
+2.24%
500 PAXG$1,369,960$1,339,905.25
+2.24%
1000 PAXG$2,739,920$2,679,810.5
+2.24%

Today vs. 1 year ago

Amount19:54 today1 year ago1Y change
0.5 PAXG$1,369.96$980.65
+39.72%
1 PAXG$2,739.92$1,961.3
+39.72%
5 PAXG$13,699.6$9,806.52
+39.72%
10 PAXG$27,399.2$19,613.04
+39.72%
50 PAXG$136,996$98,065.22
+39.72%
100 PAXG$273,992$196,130.44
+39.72%
500 PAXG$1,369,960$980,652.2
+39.72%
1000 PAXG$2,739,920$1,961,304.4
+39.72%

PAX Gold price prediction

What will the price of PAXG be in 2025?

Based on PAXG's historical price performance prediction model, the price of PAXG is projected to reach $3,653.11 in 2025.

What will the price of PAXG be in 2030?

In 2030, the PAXG price is expected to change by -1.00%. By the end of 2030, the PAXG price is projected to reach $5,786.8, with a cumulative ROI of +111.44%.

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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 PAX Gold 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 PAX Gold 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 PAX Gold 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.