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WELA to OMR Converter and calculator

WELA/OMR: 1 WELA = 0.5178 OMR. The price of converting 1 Wrapped Elastos (WELA) to Omani Rial (OMR) is 0.5178 OMR today.
WELA
WELA
OMR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides WELA to OMR real-time exchange rates, making it easy to convert Wrapped Elastos (WELA) to Omani Rial (OMR). The conversion result is based on real-time data. The conversion result shows that 1 WELA is currently valued at 0.52 OMR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 WELA is currently valued at 0.52 OMR, which means buying 5 WELA would cost 2.59 OMR. Similarly, ر.ع.1 OMR can be converted to 1.93 WELA, and ر.ع.50 OMR can be converted to 9.66 WELA, excluding any platform or gas fees.

Convert WELA to OMR

Convert OMR to WELA

Wrapped Elastos
Omani Rial
1000 WELA
517.82  OMR
5000 WELA
2,589.09  OMR
10000 WELA
5,178.18  OMR
In the table above, you'll find a comprehensive WELA to OMR converter that shows the value of Wrapped Elastos in Omani Rial across commonly used conversion amounts. The list covers conversions from 1 WELA to OMR, all the way up to 10000 WELA, providing a clear view of their respective values.
Omani Rial
Wrapped Elastos
10000 OMR
19,311.8 WELA
100000 OMR
193,118.01 WELA
In the table above, you'll find a comprehensive OMR to WELA converter that shows the value of Omani Rial in Wrapped Elastos across commonly used conversion amounts. The list covers conversions from 1 OMR to WELA, all the way up to 100000 OMR, providing a clear view of their respective values.

WELA to OMR chart

WELA/OMR: 1 WELA = 0.5178 OMR; 2025/04/28 02:00:06
In the past 1D, Wrapped Elastos has changed -0.70% to OMR. Based on the trend and price charts, Wrapped Elastos(WELA) has changed -0.70% to OMR while Omani Rial(OMR) has changed % to WELA in the last 24 hours.
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WELA to OMR conversion data: Volatility and price changes of Wrapped Elastos in OMR

The highest Wrapped Elastos price in OMR over the past 7 days was 0.9967 OMR while the lowest Wrapped Elastos price in OMR over the past 7 days was 0.9288 OMR. The relative change between the highs and lows in Wrapped Elastos price in OMR over the last 7 days indicates a volatility of %. You can view additional volatility data and WELA to OMR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.9389 OMR
0.9967 OMR
1.19 OMR
2.33 OMR
Low
0.9288 OMR
0.9288 OMR
0.9288 OMR
0.9288 OMR
Average
0 OMR
0 OMR
0 OMR
0 OMR
Volatility
%
%
%
%
Change
-0.70%
-7.17%
-21.85%
-29.73%

Wrapped Elastos information

WELA to OMR market statistics

WELA/OMR:
ر.ع.0.5178
WELA 24h volume:
--
WELA market cap:
ر.ع.202,908.96
WELA circulating supply:
391.85K WELA

Current WELA to OMR exchange rate

Wrapped Elastos to Omani Rial is falling this week.
Wrapped Elastos's current market price is ر.ع.0.5178 per WELA, with a total market cap of ر.ع.202,908.96 OMR based on a circulating supply of 391,853.75 WELA. The trading volume of Wrapped Elastos has changed by 0.00% (ر.ع.0 OMR) in the last 24 hours. Last trading day, WELA's trading volume was ر.ع.0.

More info about Wrapped Elastos on Bitget

Omani Rial 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 Wrapped Elastos currency pair is the WELA to OMR, with for Wrapped Elastos's currency code being WELA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.

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How to convert WELA to OMR

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WELA to OMR Conversion tables

The exchange rate of Wrapped Elastos is decreasing.
The exchange rate of 1 WELA to Omani Rial has changed by -7.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.70%, reaching a high of 0.9389 OMR and a low of 0.9288 OMR . One month ago, the value of 1 WELA was ر.ع.0.7775 OMR , which represents a -21.85% change from its current value. Over the last year, Wrapped Elastos has changed by
+ر.ع.
0.3386OMR
, resulting in a change of +57.36% in its value.
24 hours ago1 month ago1 year ago
Amount02:00 am today24 hours ago24h change
0.5 WELAر.ع.0.2589ر.ع.0.2622
-0.70%
1 WELAر.ع.0.5178ر.ع.0.5243
-0.70%
5 WELAر.ع.2.59ر.ع.2.62
-0.70%
10 WELAر.ع.5.18ر.ع.5.24
-0.70%
50 WELAر.ع.25.89ر.ع.26.22
-0.70%
100 WELAر.ع.51.78ر.ع.52.43
-0.70%
500 WELAر.ع.258.91ر.ع.262.17
-0.70%
1000 WELAر.ع.517.82ر.ع.524.33
-0.70%

WELA to OMR FAQ

How much is 1 Wrapped Elastos in OMR?
Right now, the price of 1 Wrapped Elastos (WELA) in Omani Rial (OMR) is ر.ع.0.5178.
How much WELA can I buy for 1 OMR?
Based on the current exchange rate, you can get 1.93 WELA for 1 OMR.
How do I calculate or convert WELA to OMR?
You can use our WELA to OMR calculator at the top of this page to convert any amount of WELA to OMR. We've also included quick-reference tables for the most popular conversions. For example, 5 OMR is equivalent to 9.66 WELA, while 5 WELA will cost around 2.59OMR.
What is the highest price of WELA/OMR in history?
The all-time high price of 1 WELA in OMR is ر.ع.2.64. It remains to be seen if the value of 1 WELA/OMR will exceed the current all-time high.
What is the price trend of Wrapped Elastos in OMR?
Over the past 7 days, the exchange rate of Wrapped Elastos (WELA) has gone down by 7.17%.   Over the last month, the exchange rate of Wrapped Elastos (WELA) has gone down by 21.85% against Omani Rial (OMR).

What factors influence the conversion rate of WELA to OMR?

There are many factors that affect the relationship between Wrapped Elastos and Omani Rial, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of WELA/OMR. When there is positive news in the market about the widespread adoption of WELA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of WELA/OMR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in WELA/OMR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of WELA/OMR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Wrapped Elastos and adjust their investment strategies accordingly in the evolving market.

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