DRK
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 Draken(DRK) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 DRK at a value of 1 DRK for 0.00 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 Draken currency pair is the DRK to OMR, with for Draken's currency code being DRK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
DRK to OMR conversion rate trend
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In the past 1D, Draken has changed +0.00% to OMR. Based on the trend and price charts, Draken(DRK) has changed +0.00% to OMR while Omani Rial(OMR) has changed % to DRK in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ع.0.0002695 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 16:35:21(UTC+0)
How to buy Draken
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Draken (DRK)
Use a variety of payment options to buy Draken on Bitget. We'll show you how.
Buy DRK (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of DRK with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy DRK with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell DRK (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of DRK to OMR. However, you can first exchange DRK 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 Draken to Omani Rial?
Draken to Omani Rial is rising this week.Draken's current market price is ر.ع. 0.0002695 per DRK, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- DRK. The trading volume of Draken has changed by 0.00% (ر.ع. 0 OMR) in the last 24 hours. Last trading day, DRK's trading volume was ر.ع. 0.
Market cap
$0
24h volume
$0
Circulating supply
0 DRK
Conversion tables
The exchange rate of Draken is increasing.1 DRK is currently valued at ر.ع. 0.0002695 OMR , which means buying 5 DRK will cost ر.ع. 0.001348 OMR . Similarly, ر.ع.1 OMR can be traded for 3,709.96 DRK, and ر.ع.50 OMR can be converted to 185,498.07 DRK, excluding any platform or gas fees.
The exchange rate of 1 DRK to Omani Rial has changed by +0.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.00%, reaching a high of 0.0002698 OMR and a low of 0.0002691 OMR . One month ago, the value of 1 DRK was ر.ع. 0.0002694 OMR , which represents a +0.05% change from its current value. Over the last year, Draken has changed by , resulting in a change of +66.75% in its value.
+ر.ع.
0.0001079OMRDRK to OMR
Amount
17:21 today
0.5 DRK
ر.ع.0.0001348
1 DRK
ر.ع.0.0002695
5 DRK
ر.ع.0.001348
10 DRK
ر.ع.0.002695
50 DRK
ر.ع.0.01348
100 DRK
ر.ع.0.02695
500 DRK
ر.ع.0.1348
1000 DRK
ر.ع.0.2695
OMR to DRK
Amount17:21 today
0.5OMR1,854.98 DRK
1OMR3,709.96 DRK
5OMR18,549.81 DRK
10OMR37,099.61 DRK
50OMR185,498.07 DRK
100OMR370,996.14 DRK
500OMR1,854,980.69 DRK
1000OMR3,709,961.38 DRK
Today vs. 24 hours ago
| Amount | 17:21 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DRK | $0.0003501 | $0.0003501 | +0.00% |
| 1 DRK | $0.0007003 | $0.0007003 | +0.00% |
| 5 DRK | $0.003501 | $0.003501 | +0.00% |
| 10 DRK | $0.007003 | $0.007003 | +0.00% |
| 50 DRK | $0.03501 | $0.03501 | +0.00% |
| 100 DRK | $0.07003 | $0.07003 | +0.00% |
| 500 DRK | $0.3501 | $0.3501 | +0.00% |
| 1000 DRK | $0.7003 | $0.7003 | +0.00% |
Today vs. 1 month ago
| Amount | 17:21 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DRK | $0.0003501 | $0.0003500 | +0.05% |
| 1 DRK | $0.0007003 | $0.0007000 | +0.05% |
| 5 DRK | $0.003501 | $0.003500 | +0.05% |
| 10 DRK | $0.007003 | $0.007000 | +0.05% |
| 50 DRK | $0.03501 | $0.03500 | +0.05% |
| 100 DRK | $0.07003 | $0.07000 | +0.05% |
| 500 DRK | $0.3501 | $0.3500 | +0.05% |
| 1000 DRK | $0.7003 | $0.7000 | +0.05% |
Today vs. 1 year ago
| Amount | 17:21 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DRK | $0.0003501 | $0.0002100 | +66.75% |
| 1 DRK | $0.0007003 | $0.0004199 | +66.75% |
| 5 DRK | $0.003501 | $0.002100 | +66.75% |
| 10 DRK | $0.007003 | $0.004199 | +66.75% |
| 50 DRK | $0.03501 | $0.02100 | +66.75% |
| 100 DRK | $0.07003 | $0.04199 | +66.75% |
| 500 DRK | $0.3501 | $0.2100 | +66.75% |
| 1000 DRK | $0.7003 | $0.4199 | +66.75% |
Draken price prediction
What will the price of DRK be in 2025?
Based on DRK's historical price performance prediction model, the price of DRK is projected to reach $0.0007978 in 2025.
What will the price of DRK be in 2030?
In 2030, the DRK price is expected to change by -6.00%. By the end of 2030, the DRK price is projected to reach $0.001475, with a cumulative ROI of +110.59%.
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Popular Draken conversions
Check out these popular currency conversions of Draken to several fiat currencies.
Draken to USD
1 DRK to $ 0.0007003 USD
Draken to GBP
1 DRK to £ 0.0005597 GBP
Draken to EUR
1 DRK to € 0.0006735 EUR
Draken to KRW
1 DRK to ₩ 1.02 KRW
Draken to CAD
1 DRK to $ 0.001009 CAD
Draken to AUD
1 DRK to $ 0.001124 AUD
Draken to JPY
1 DRK to ¥ 0.1101 JPY
Draken to BRL
1 DRK to R$ 0.004325 BRL
Draken to CNY
1 DRK to ¥ 0.005115 CNY
Draken to TWD
1 DRK to NT$ 0.02291 TWD
Popular cryptocurrencies to OMR
Explore other cryptocurrencies based on your interest in Draken.
Bitcoin to OMR
1 BTC to ر.ع. 35,896.83 OMR
Aave to OMR
1 AAVE to ر.ع. 134.31 OMR
Ethereum to OMR
1 ETH to ر.ع. 1,291.87 OMR
BNB to OMR
1 BNB to ر.ع. 263.05 OMR
Frax Share to OMR
1 FXS to ر.ع. 1.22 OMR
Hedera to OMR
1 HBAR to ر.ع. 0.1035 OMR
Chainlink to OMR
1 LINK to ر.ع. 8.76 OMR
Algorand to OMR
1 ALGO to ر.ع. 0.1374 OMR
QuarkChain to OMR
1 QKC to ر.ع. 0.004430 OMR
Virtuals Protocol to OMR
1 VIRTUAL to ر.ع. 1.02 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 Draken 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 Draken 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 Draken 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.
