FRM
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 Ferrum Network(FRM) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 FRM at a value of 1 FRM 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 Ferrum Network currency pair is the FRM to OMR, with for Ferrum Network's currency code being FRM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
FRM to OMR conversion rate trend
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In the past 1D, Ferrum Network has changed +0.23% to OMR. Based on the trend and price charts, Ferrum Network(FRM) has changed +0.23% to OMR while Omani Rial(OMR) has changed % to FRM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ع.0.004061 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ر.ع.0.004023 | 0.1000% / 0.1000% | Yes |
KuCoin | ر.ع.0.004066 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/23 08:00:19(UTC+0)
How to buy Ferrum Network
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Ferrum Network (FRM)
Use a variety of payment options to buy Ferrum Network on Bitget. We'll show you how.
Buy FRM (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of FRM with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy FRM 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 FRM (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of FRM to OMR. However, you can first exchange FRM 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 Ferrum Network to Omani Rial?
Ferrum Network to Omani Rial is falling this week.Ferrum Network's current market price is ر.ع. 0.004063 per FRM, with a total market cap of ر.ع. 1,165,991.54 OMR based on a circulating supply of 287,009,860 FRM. The trading volume of Ferrum Network has changed by -3.42% (ر.ع. -6,360.18 OMR) in the last 24 hours. Last trading day, FRM's trading volume was ر.ع. 186,144.41.
Market cap
$3.03M
24h volume
$466.97K
Circulating supply
287.01M FRM
Conversion tables
The exchange rate of Ferrum Network is decreasing.1 FRM is currently valued at ر.ع. 0.004063 OMR , which means buying 5 FRM will cost ر.ع. 0.02031 OMR . Similarly, ر.ع.1 OMR can be traded for 246.15 FRM, and ر.ع.50 OMR can be converted to 12,307.54 FRM, excluding any platform or gas fees.
The exchange rate of 1 FRM to Omani Rial has changed by -5.16% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.23%, reaching a high of 0.004143 OMR and a low of 0.003920 OMR . One month ago, the value of 1 FRM was ر.ع. 0.004730 OMR , which represents a -14.12% change from its current value. Over the last year, Ferrum Network has changed by , resulting in a change of -84.32% in its value.
-ر.ع.
0.02183OMRFRM to OMR
Amount
10:04 am today
0.5 FRM
ر.ع.0.002031
1 FRM
ر.ع.0.004063
5 FRM
ر.ع.0.02031
10 FRM
ر.ع.0.04063
50 FRM
ر.ع.0.2031
100 FRM
ر.ع.0.4063
500 FRM
ر.ع.2.03
1000 FRM
ر.ع.4.06
OMR to FRM
Amount10:04 am today
0.5OMR123.08 FRM
1OMR246.15 FRM
5OMR1,230.75 FRM
10OMR2,461.51 FRM
50OMR12,307.54 FRM
100OMR24,615.09 FRM
500OMR123,075.44 FRM
1000OMR246,150.88 FRM
Today vs. 24 hours ago
| Amount | 10:04 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FRM | $0.005276 | $0.005264 | +0.23% |
| 1 FRM | $0.01055 | $0.01053 | +0.23% |
| 5 FRM | $0.05276 | $0.05264 | +0.23% |
| 10 FRM | $0.1055 | $0.1053 | +0.23% |
| 50 FRM | $0.5276 | $0.5264 | +0.23% |
| 100 FRM | $1.06 | $1.05 | +0.23% |
| 500 FRM | $5.28 | $5.26 | +0.23% |
| 1000 FRM | $10.55 | $10.53 | +0.23% |
Today vs. 1 month ago
| Amount | 10:04 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FRM | $0.005276 | $0.006143 | -14.12% |
| 1 FRM | $0.01055 | $0.01229 | -14.12% |
| 5 FRM | $0.05276 | $0.06143 | -14.12% |
| 10 FRM | $0.1055 | $0.1229 | -14.12% |
| 50 FRM | $0.5276 | $0.6143 | -14.12% |
| 100 FRM | $1.06 | $1.23 | -14.12% |
| 500 FRM | $5.28 | $6.14 | -14.12% |
| 1000 FRM | $10.55 | $12.29 | -14.12% |
Today vs. 1 year ago
| Amount | 10:04 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FRM | $0.005276 | $0.03363 | -84.32% |
| 1 FRM | $0.01055 | $0.06726 | -84.32% |
| 5 FRM | $0.05276 | $0.3363 | -84.32% |
| 10 FRM | $0.1055 | $0.6726 | -84.32% |
| 50 FRM | $0.5276 | $3.36 | -84.32% |
| 100 FRM | $1.06 | $6.73 | -84.32% |
| 500 FRM | $5.28 | $33.63 | -84.32% |
| 1000 FRM | $10.55 | $67.26 | -84.32% |
Ferrum Network price prediction
What will the price of FRM be in 2025?
Based on FRM's historical price performance prediction model, the price of FRM is projected to reach $0.02239 in 2025.
What will the price of FRM be in 2030?
In 2030, the FRM price is expected to change by +5.00%. By the end of 2030, the FRM price is projected to reach $0.04006, with a cumulative ROI of +267.54%.
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Popular Ferrum Network conversions
Check out these popular currency conversions of Ferrum Network to several fiat currencies.
Ferrum Network to USD
1 FRM to $ 0.01055 USD
Ferrum Network to GBP
1 FRM to £ 0.008397 GBP
Ferrum Network to EUR
1 FRM to € 0.01011 EUR
Ferrum Network to KRW
1 FRM to ₩ 15.33 KRW
Ferrum Network to CAD
1 FRM to $ 0.01517 CAD
Ferrum Network to AUD
1 FRM to $ 0.01688 AUD
Ferrum Network to JPY
1 FRM to ¥ 1.65 JPY
Ferrum Network to BRL
1 FRM to R$ 0.06416 BRL
Ferrum Network to CNY
1 FRM to ¥ 0.07706 CNY
Ferrum Network to TWD
1 FRM to NT$ 0.3452 TWD
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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 Ferrum Network 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 Ferrum Network 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 Ferrum Network 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.
