VELA
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 Vela Exchange(VELA) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 VELA at a value of 1 VELA for 0.02 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 Vela Exchange currency pair is the VELA to OMR, with for Vela Exchange's currency code being VELA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
VELA to OMR conversion rate trend
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In the past 1D, Vela Exchange has changed -43.15% to OMR. Based on the trend and price charts, Vela Exchange(VELA) has changed -43.15% to OMR while Omani Rial(OMR) has changed % to VELA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ع.0.01551 | 0.0200% / 0.0320%  VIP 7 | |
OKX | ر.ع.0.02660 | 0.080% / 0.100% | Yes |
Gate.io | ر.ع.0.01512 | 0.1000% / 0.1000% | Yes |
Bybit | ر.ع.0.01532 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/05 16:00:12(UTC+0)
How to buy Vela Exchange
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Buy Vela Exchange (VELA)
Use a variety of payment options to buy Vela Exchange on Bitget. We'll show you how.
Learn MoreBuy VELA (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of VELA with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy VELA with USDT via Bitget spot market.
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Sell VELA (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of VELA to OMR. However, you can first exchange VELA 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 Vela Exchange to Omani Rial?
Vela Exchange to Omani Rial is falling this week.Vela Exchange's current market price is ر.ع. 0.01555 per VELA, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- VELA. The trading volume of Vela Exchange has changed by -23.99% (ر.ع. -265,956.70 OMR) in the last 24 hours. Last trading day, VELA's trading volume was ر.ع. 1,108,813.6.
Market cap
$0
24h volume
$2.19M
Circulating supply
0 VELA
Conversion tables
The exchange rate of Vela Exchange is decreasing.1 VELA is currently valued at ر.ع. 0.01555 OMR , which means buying 5 VELA will cost ر.ع. 0.07777 OMR . Similarly, ر.ع.1 OMR can be traded for 64.29 VELA, and ر.ع.50 OMR can be converted to 3,214.48 VELA, excluding any platform or gas fees.
The exchange rate of 1 VELA to Omani Rial has changed by -55.41% in the last 7 days. In the last 24 hours, the rate has fluctuated by -43.15%, reaching a high of 0.03423 OMR and a low of 0.01194 OMR . One month ago, the value of 1 VELA was ر.ع. 0.07082 OMR , which represents a -80.90% change from its current value. Over the last year, Vela Exchange has changed by , resulting in a change of -95.70% in its value.
-ر.ع.
0.2902OMRVELA to OMR
Amount
00:02 am today
0.5 VELA
ر.ع.0.007777
1 VELA
ر.ع.0.01555
5 VELA
ر.ع.0.07777
10 VELA
ر.ع.0.1555
50 VELA
ر.ع.0.7777
100 VELA
ر.ع.1.56
500 VELA
ر.ع.7.78
1000 VELA
ر.ع.15.55
OMR to VELA
Amount00:02 am today
0.5OMR32.14 VELA
1OMR64.29 VELA
5OMR321.45 VELA
10OMR642.9 VELA
50OMR3,214.48 VELA
100OMR6,428.96 VELA
500OMR32,144.78 VELA
1000OMR64,289.56 VELA
Today vs. 24 hours ago
| Amount | 00:02 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 VELA | $0.02021 | $0.03307 | -43.15% |
| 1 VELA | $0.04041 | $0.06614 | -43.15% |
| 5 VELA | $0.2021 | $0.3307 | -43.15% |
| 10 VELA | $0.4041 | $0.6614 | -43.15% |
| 50 VELA | $2.02 | $3.31 | -43.15% |
| 100 VELA | $4.04 | $6.61 | -43.15% |
| 500 VELA | $20.21 | $33.07 | -43.15% |
| 1000 VELA | $40.41 | $66.14 | -43.15% |
Today vs. 1 month ago
| Amount | 00:02 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 VELA | $0.02021 | $0.09200 | -80.90% |
| 1 VELA | $0.04041 | $0.1840 | -80.90% |
| 5 VELA | $0.2021 | $0.9200 | -80.90% |
| 10 VELA | $0.4041 | $1.84 | -80.90% |
| 50 VELA | $2.02 | $9.2 | -80.90% |
| 100 VELA | $4.04 | $18.4 | -80.90% |
| 500 VELA | $20.21 | $92 | -80.90% |
| 1000 VELA | $40.41 | $183.99 | -80.90% |
Today vs. 1 year ago
| Amount | 00:02 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 VELA | $0.02021 | $0.3972 | -95.70% |
| 1 VELA | $0.04041 | $0.7944 | -95.70% |
| 5 VELA | $0.2021 | $3.97 | -95.70% |
| 10 VELA | $0.4041 | $7.94 | -95.70% |
| 50 VELA | $2.02 | $39.72 | -95.70% |
| 100 VELA | $4.04 | $79.44 | -95.70% |
| 500 VELA | $20.21 | $397.21 | -95.70% |
| 1000 VELA | $40.41 | $794.41 | -95.70% |
Vela Exchange price prediction
What will the price of VELA be in 2025?
Based on VELA's historical price performance prediction model, the price of VELA is projected to reach $0.1704 in 2025.
What will the price of VELA be in 2030?
In 2030, the VELA price is expected to change by -3.00%. By the end of 2030, the VELA price is projected to reach $0.3368, with a cumulative ROI of +1341.36%.
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Popular Vela Exchange conversions
Check out these popular currency conversions of Vela Exchange to several fiat currencies.
Vela Exchange to USD
1 VELA to $ 0.04041 USD
Vela Exchange to GBP
1 VELA to £ 0.03098 GBP
Vela Exchange to EUR
1 VELA to € 0.03697 EUR
Vela Exchange to KRW
1 VELA to ₩ 55.7 KRW
Vela Exchange to CAD
1 VELA to $ 0.05588 CAD
Vela Exchange to AUD
1 VELA to $ 0.06088 AUD
Vela Exchange to JPY
1 VELA to ¥ 6.13 JPY
Vela Exchange to BRL
1 VELA to R$ 0.2324 BRL
Vela Exchange to CNY
1 VELA to ¥ 0.2870 CNY
Vela Exchange to TWD
1 VELA to NT$ 1.29 TWD
Popular cryptocurrencies to OMR
Explore other cryptocurrencies based on your interest in Vela Exchange.
Bitcoin to OMR
1 BTC to ر.ع. 26,713.77 OMR
Super Trump Coin to OMR
1 STRUMP to ر.ع. 0.002207 OMR
Grass to OMR
1 GRASS to ر.ع. -- OMR
Xodex to OMR
1 XODEX to ر.ع. 0.0001066 OMR
Solana to OMR
1 SOL to ر.ع. 64.15 OMR
Dogecoin to OMR
1 DOGE to ر.ع. 0.06552 OMR
Sui to OMR
1 SUI to ر.ع. 0.7721 OMR
Ethereum to OMR
1 ETH to ر.ع. 933.24 OMR
TROY to OMR
1 TROY to ر.ع. 0.001743 OMR
Pepe to OMR
1 PEPE to ر.ع. 0.{5}3293 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 Vela Exchange 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 Vela Exchange 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 Vela Exchange 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.
