MUSHU to OMR Converter and calculator
Conversion rates
Convert MUSHU to OMR
Convert OMR to MUSHU
MUSHU to OMR chart
MUSHU to OMR conversion data: Volatility and price changes of Mushu in OMR
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.003426 OMR | -- OMR | -- OMR | -- OMR |
Low | 0.001308 OMR | -- OMR | -- OMR | -- OMR |
Average | 0 OMR | 0 OMR | 0 OMR | 0 OMR |
Volatility | % | % | % | % |
Change | -0.54% | -- | -- | -- |
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Mushu information
MUSHU to OMR market statistics
Current MUSHU to OMR exchange rate
Mushu to Omani Rial is falling this week.More info about Mushu 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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MUSHU to OMR Conversion tables
| Amount | 21:11 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 MUSHU | ر.ع.0.0007883 | ر.ع.-- | -0.54% |
1 MUSHU | ر.ع.0.001577 | ر.ع.-- | -0.54% |
5 MUSHU | ر.ع.0.007883 | ر.ع.-- | -0.54% |
10 MUSHU | ر.ع.0.01577 | ر.ع.-- | -0.54% |
50 MUSHU | ر.ع.0.07883 | ر.ع.-- | -0.54% |
100 MUSHU | ر.ع.0.1577 | ر.ع.-- | -0.54% |
500 MUSHU | ر.ع.0.7883 | ر.ع.-- | -0.54% |
1000 MUSHU | ر.ع.1.58 | ر.ع.-- | -0.54% |
MUSHU to OMR FAQ
What factors influence the conversion rate of MUSHU to OMR?
Popular exchange rates — Crypto-to-Fiat converter
The price of Mushu in the US is $0.004101 USD. Additionally, Mushu’s price is €0.003479 EUR in the eurozone, £0.003037 GBP in the UK, C$0.005616 CAD in Canada, ₹0.3722 INR in India, ₨1.15 PKR in Pakistan, R$0.02149 BRL in Brazil, and more.
The most popular Mushu currency pair is the MUSHU to Omani Rial(OMR). The price of 1 Mushu (MUSHU) in Omani Rial (OMR) is ر.ع.0.001577.
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