Convert Omani Rial to Bitcoin
Please provide values below to convert Omani Rial [OMR] to Bitcoin [BTC], or Convert Bitcoin to Omani Rial.
How to Convert Omani Rial to Bitcoin
1 OMR = 45503.4483445566 BTC
Example: convert 15 OMR to BTC:
15 OMR = 15 × 45503.4483445566 BTC = 682551.725168349 BTC
Omani Rial to Bitcoin Conversion Table
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Omani Rial
The Omani Rial (OMR) is the official currency of Oman, used for all monetary transactions within the country.
History/Origin
The Omani Rial was introduced in 1970, replacing the Gulf rupee at par, and has since been the standard currency of Oman, with its value stabilized through pegging to the US dollar.
Current Use
The Omani Rial is widely used in Oman for everyday transactions, banking, and trade, and is subdivided into 1000 baisa.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.