SOSO to OMR Converter and calculator


Conversion rates
Convert SOSO to OMR
Convert OMR to SOSO
SOSO to OMR chart
SOSO to OMR conversion data: Volatility and price changes of SoSoValue in OMR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.2138 OMR | 0.2380 OMR | 0.2380 OMR | 0.2399 OMR |
Low | 0.1913 OMR | 0.1723 OMR | 0.1383 OMR | 0.1383 OMR |
Average | 0 OMR | 0 OMR | 0 OMR | 0 OMR |
Volatility | % | % | % | % |
Change | -9.26% | +11.86% | -3.52% | -4.44% |
SoSoValue information
SOSO to OMR market statistics
Current SOSO to OMR exchange rate
SoSoValue to Omani Rial is rising this week.More info about SoSoValue 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.
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SOSO to OMR Conversion tables
Amount | 18:49 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SOSO | ر.ع.0.09696 | ر.ع.0.1069 | -9.26% |
1 SOSO | ر.ع.0.1939 | ر.ع.0.2137 | -9.26% |
5 SOSO | ر.ع.0.9696 | ر.ع.1.07 | -9.26% |
10 SOSO | ر.ع.1.94 | ر.ع.2.14 | -9.26% |
50 SOSO | ر.ع.9.7 | ر.ع.10.69 | -9.26% |
100 SOSO | ر.ع.19.39 | ر.ع.21.37 | -9.26% |
500 SOSO | ر.ع.96.96 | ر.ع.106.85 | -9.26% |
1000 SOSO | ر.ع.193.91 | ر.ع.213.71 | -9.26% |
SOSO to OMR FAQ
What factors influence the conversion rate of SOSO to OMR?
Popular exchange rates — Crypto-to-Fiat converter
The price of SoSoValue in the US is $0.5045 USD. Additionally, SoSoValue’s price is €0.4373 EUR in the eurozone, £0.3746 GBP in the UK, C$0.6926 CAD in Canada, ₹43.68 INR in India, ₨143.22 PKR in Pakistan, R$2.78 BRL in Brazil, and more.
The most popular SoSoValue currency pair is the SOSO to Omani Rial(OMR). The price of 1 SoSoValue (SOSO) in Omani Rial (OMR) is ر.ع.0.1939.
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