GOV to OMR Converter and calculator


Conversion rates
Convert GOV to OMR
Convert OMR to GOV
GOV to OMR chart
GOV to OMR conversion data: Volatility and price changes of SubDAO in OMR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.{5}3500 OMR | 0.{4}2308 OMR | 0.0001561 OMR | 0.0001561 OMR |
Low | 0.{5}3500 OMR | 0.{5}3011 OMR | 0.{5}3011 OMR | 0.{5}3011 OMR |
Average | 0 OMR | 0 OMR | 0 OMR | 0 OMR |
Volatility | % | % | % | % |
Change | +0.00% | -78.32% | -87.91% | -85.66% |
SubDAO information
GOV to OMR market statistics
Current GOV to OMR exchange rate
SubDAO to Omani Rial is falling this week.More info about SubDAO 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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GOV to OMR Conversion tables
Amount | 15:21 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 GOV | ر.ع.0.{5}1750 | ر.ع.0.{5}1750 | +0.00% |
1 GOV | ر.ع.0.{5}3500 | ر.ع.0.{5}3500 | +0.00% |
5 GOV | ر.ع.0.{4}1750 | ر.ع.0.{4}1750 | +0.00% |
10 GOV | ر.ع.0.{4}3500 | ر.ع.0.{4}3500 | +0.00% |
50 GOV | ر.ع.0.0001750 | ر.ع.0.0001750 | +0.00% |
100 GOV | ر.ع.0.0003500 | ر.ع.0.0003500 | +0.00% |
500 GOV | ر.ع.0.001750 | ر.ع.0.001750 | +0.00% |
1000 GOV | ر.ع.0.003500 | ر.ع.0.003500 | +0.00% |
GOV to OMR FAQ
What factors influence the conversion rate of GOV to OMR?
Popular exchange rates — Crypto-to-Fiat converter
The price of SubDAO in the US is $0.{5}9101 USD. Additionally, SubDAO’s price is €0.{5}7902 EUR in the eurozone, £0.{5}6758 GBP in the UK, C$0.{4}1250 CAD in Canada, ₹0.0007881 INR in India, ₨0.002584 PKR in Pakistan, R$0.{4}5011 BRL in Brazil, and more.
The most popular SubDAO currency pair is the GOV to Omani Rial(OMR). The price of 1 SubDAO (GOV) in Omani Rial (OMR) is ر.ع.0.{5}3500.
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