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LABEL AI to Omani Rial Converter and calculator

Convert 1LABEL AI (LBL) to Omani Rial (OMR) equals ر.ع. 0.0008961 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of LABEL AI(LBL) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 LBL at a value of 1 LBL 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.

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Bitget crypto-to-fiat exchange data shows that the most popular LABEL AI currency pair is the LBL to OMR, with for LABEL AI's currency code being LBL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.

LBL to OMR conversion rate trend

1D7D1M3M1YAll
In the past 1D, LABEL AI has changed -4.13% to OMR. Based on the trend and price charts, LABEL AI(LBL) has changed -4.13% to OMR while Omani Rial(OMR) has changed % to LBL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ع.0.0008944
0.0200% / 0.0320%vip-iconVIP 7
Huobi
ر.ع.0.001224
0.1000% / 0.1000%
Yes
Gate.io
ر.ع.0.0008897
0.1000% / 0.1000%
Yes
Last updated 2024/12/23 08:00:17(UTC+0)

How to buy LABEL AI

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Buy LABEL AI (LBL)
Use a variety of payment options to buy LABEL AI on Bitget. We'll show you how.

Buy LBL (or USDT) for OMR (Omani Rial) offers

Bitget P2P trading does not currently support direct buying of LBL with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy LBL with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell LBL (or USDT) for OMR (Omani Rial) offers

Bitget P2P trading currently does not support direct selling of LBL to OMR. However, you can first exchange LBL for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of LABEL AI to Omani Rial?

LABEL AI to Omani Rial is falling this week.
LABEL AI's current market price is ر.ع. 0.0008961 per LBL, with a total market cap of ر.ع. 1,999,468.12 OMR based on a circulating supply of 2,231,382,500 LBL. The trading volume of LABEL AI has changed by -62.75% (ر.ع. -190,192.32 OMR) in the last 24 hours. Last trading day, LBL's trading volume was ر.ع. 303,114.65.
Market cap
$5.19M
24h volume
$293.30K
Circulating supply
2.23B LBL

Conversion tables

The exchange rate of LABEL AI is decreasing.
1 LBL is currently valued at ر.ع. 0.0008961 OMR , which means buying 5 LBL will cost ر.ع. 0.004480 OMR . Similarly, ر.ع.1 OMR can be traded for 1,115.99 LBL, and ر.ع.50 OMR can be converted to 55,799.4 LBL, excluding any platform or gas fees.
The exchange rate of 1 LBL to Omani Rial has changed by -15.58% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.13%, reaching a high of 0.0009443 OMR and a low of 0.0008819 OMR . One month ago, the value of 1 LBL was ر.ع. 0.0009454 OMR , which represents a -5.22% change from its current value. Over the last year, LABEL AI has changed by
-ر.ع.
0.0003028OMR
, resulting in a change of -25.29% in its value.

LBL to OMR

Amount
09:20 am today
0.5 LBL
ر.ع.0.0004480
1 LBL
ر.ع.0.0008961
5 LBL
ر.ع.0.004480
10 LBL
ر.ع.0.008961
50 LBL
ر.ع.0.04480
100 LBL
ر.ع.0.08961
500 LBL
ر.ع.0.4480
1000 LBL
ر.ع.0.8961

OMR to LBL

Amount09:20 am today
0.5OMR557.99  LBL
1OMR1,115.99  LBL
5OMR5,579.94  LBL
10OMR11,159.88  LBL
50OMR55,799.4  LBL
100OMR111,598.81  LBL
500OMR557,994.03  LBL
1000OMR1,115,988.05  LBL

Today vs. 24 hours ago

Amount09:20 am today24 hours ago24h change
0.5 LBL$0.001164$0.001214
-4.13%
1 LBL$0.002327$0.002428
-4.13%
5 LBL$0.01164$0.01214
-4.13%
10 LBL$0.02327$0.02428
-4.13%
50 LBL$0.1164$0.1214
-4.13%
100 LBL$0.2327$0.2428
-4.13%
500 LBL$1.16$1.21
-4.13%
1000 LBL$2.33$2.43
-4.13%

Today vs. 1 month ago

Amount09:20 am today1 month ago1M change
0.5 LBL$0.001164$0.001228
-5.22%
1 LBL$0.002327$0.002455
-5.22%
5 LBL$0.01164$0.01228
-5.22%
10 LBL$0.02327$0.02455
-5.22%
50 LBL$0.1164$0.1228
-5.22%
100 LBL$0.2327$0.2455
-5.22%
500 LBL$1.16$1.23
-5.22%
1000 LBL$2.33$2.46
-5.22%

Today vs. 1 year ago

Amount09:20 am today1 year ago1Y change
0.5 LBL$0.001164$0.001557
-25.29%
1 LBL$0.002327$0.003114
-25.29%
5 LBL$0.01164$0.01557
-25.29%
10 LBL$0.02327$0.03114
-25.29%
50 LBL$0.1164$0.1557
-25.29%
100 LBL$0.2327$0.3114
-25.29%
500 LBL$1.16$1.56
-25.29%
1000 LBL$2.33$3.11
-25.29%

LABEL AI price prediction

What will the price of LBL be in 2025?

Based on LBL's historical price performance prediction model, the price of LBL is projected to reach $0.003716 in 2025.

What will the price of LBL be in 2030?

In 2030, the LBL price is expected to change by -11.00%. By the end of 2030, the LBL price is projected to reach $0.006885, with a cumulative ROI of +182.67%.

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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 LABEL AI 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 LABEL AI 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 LABEL AI 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.