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INIT to OMR Converter and calculator

INIT/OMR: 1 INIT = 0.04624 OMR. The price of converting 1 Initia (INIT) to Omani Rial (OMR) is 0.04624 OMR today.
INIT
INIT
OMR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides INIT to OMR real-time exchange rates, making it easy to convert Initia (INIT) to Omani Rial (OMR). The conversion result is based on real-time data. The conversion result shows that 1 INIT is currently valued at 0.04624 OMR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 INIT is currently valued at 0.04624 OMR, which means buying 5 INIT would cost 0.2312 OMR. Similarly, ر.ع.1 OMR can be converted to 21.63 INIT, and ر.ع.50 OMR can be converted to 108.14 INIT, excluding any platform or gas fees.

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Convert INIT to OMR

Convert OMR to INIT

Initia
Omani Rial
1 INIT
0.04624  OMR
Exchange 1 INIT for 0.04624 OMR
2 INIT
0.09248  OMR
Exchange 2 INIT for 0.09248 OMR
5 INIT
0.2312  OMR
Exchange 5 INIT for 0.2312 OMR
10 INIT
0.4624  OMR
Exchange 10 INIT for 0.4624 OMR
20 INIT
0.9248  OMR
Exchange 20 INIT for 0.9248 OMR
50 INIT
2.31  OMR
Exchange 50 INIT for 2.31 OMR
100 INIT
4.62  OMR
Exchange 100 INIT for 4.62 OMR
200 INIT
9.25  OMR
Exchange 200 INIT for 9.25 OMR
500 INIT
23.12  OMR
Exchange 500 INIT for 23.12 OMR
1000 INIT
46.24  OMR
Exchange 1000 INIT for 46.24 OMR
5000 INIT
231.19  OMR
Exchange 5000 INIT for 231.19 OMR
10000 INIT
462.38  OMR
Exchange 10000 INIT for 462.38 OMR
In the table above, you'll find a comprehensive INIT to OMR converter that shows the value of Initia in Omani Rial across commonly used conversion amounts. The list covers conversions from 1 INIT to OMR, all the way up to 10000 INIT, providing a clear view of their respective values.
Omani Rial
Initia
1 OMR
21.63 INIT
Exchange 1 OMR for 21.63 INIT
10 OMR
216.27 INIT
Exchange 10 OMR for 216.27 INIT
50 OMR
1,081.36 INIT
Exchange 50 OMR for 1,081.36 INIT
100 OMR
2,162.72 INIT
Exchange 100 OMR for 2,162.72 INIT
200 OMR
4,325.43 INIT
Exchange 200 OMR for 4,325.43 INIT
500 OMR
10,813.58 INIT
Exchange 500 OMR for 10,813.58 INIT
1000 OMR
21,627.15 INIT
Exchange 1000 OMR for 21,627.15 INIT
2000 OMR
43,254.3 INIT
Exchange 2000 OMR for 43,254.3 INIT
5000 OMR
108,135.75 INIT
Exchange 5000 OMR for 108,135.75 INIT
10000 OMR
216,271.5 INIT
Exchange 10000 OMR for 216,271.5 INIT
50000 OMR
1,081,357.52 INIT
Exchange 50000 OMR for 1,081,357.52 INIT
100000 OMR
2,162,715.03 INIT
Exchange 100000 OMR for 2,162,715.03 INIT
In the table above, you'll find a comprehensive OMR to INIT converter that shows the value of Omani Rial in Initia across commonly used conversion amounts. The list covers conversions from 1 OMR to INIT, all the way up to 100000 OMR, providing a clear view of their respective values.

INIT to OMR chart

INIT/OMR: 1 INIT = 0.04624 OMR; 2025/11/20 01:45:50
In the past 1D, Initia has changed +0.59% to OMR. Based on the trend and price charts, Initia(INIT) has changed +0.59% to OMR while Omani Rial(OMR) has changed % to INIT in the last 24 hours.
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INIT to OMR conversion data: Volatility and price changes of Initia in OMR

The highest Initia price in OMR over the past 7 days was 0.05236 OMR while the lowest Initia price in OMR over the past 7 days was 0.04333 OMR. The relative change between the highs and lows in Initia price in OMR over the last 7 days indicates a volatility of %. You can view additional volatility data and INIT to OMR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.04757 OMR
0.05236 OMR
0.07084 OMR
0.1565 OMR
Low
0.04333 OMR
0.04333 OMR
0.04139 OMR
0.03111 OMR
Average
0 OMR
0 OMR
0 OMR
0 OMR
Volatility
%
%
%
%
Change
+0.59%
-7.91%
-34.03%
-66.96%

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Initia information

INIT to OMR market statistics

INIT/OMR:
ر.ع.0.04624
INIT 24h volume:
ر.ع.7,239,919.94
INIT market cap:
ر.ع.8,067,103.04
INIT circulating supply:
174.47M INIT

Current INIT to OMR exchange rate

Initia to Omani Rial is falling this week.
Initia's current market price is ر.ع.0.04624 per INIT, with a total market cap of ر.ع.8,067,103.04 OMR based on a circulating supply of 174,468,450 INIT. The trading volume of Initia has changed by -9.39% (ر.ع.-750,720.69 OMR) in the last 24 hours. Last trading day, INIT's trading volume was ر.ع.7,990,640.63.

More info about Initia 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.

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

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How to convert INIT to OMR

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INIT to OMR Conversion tables

The exchange rate of Initia is decreasing.
The exchange rate of 1 INIT to Omani Rial has changed by -7.91% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.59%, reaching a high of 0.04757 OMR and a low of 0.04333 OMR . One month ago, the value of 1 INIT was ر.ع.0.06983 OMR , which represents a -34.03% change from its current value. Over the last year, Initia has changed by
+ر.ع.
0.04574OMR
, resulting in a change of -80.92% in its value.
24 hours ago1 month ago1 year ago
Amount 01:45 am today 24 hours ago 24h change
0.5 INIT
ر.ع.0.02312ر.ع.0.02299
+0.59%
1 INIT
ر.ع.0.04624ر.ع.0.04597
+0.59%
5 INIT
ر.ع.0.2312ر.ع.0.2299
+0.59%
10 INIT
ر.ع.0.4624ر.ع.0.4597
+0.59%
50 INIT
ر.ع.2.31ر.ع.2.3
+0.59%
100 INIT
ر.ع.4.62ر.ع.4.6
+0.59%
500 INIT
ر.ع.23.12ر.ع.22.99
+0.59%
1000 INIT
ر.ع.46.24ر.ع.45.97
+0.59%

INIT to OMR FAQ

How much is 1 Initia in OMR?
Right now, the price of 1 Initia (INIT) in Omani Rial (OMR) is ر.ع.0.04624.
How much INIT can I buy for 1 OMR?
Based on the current exchange rate, you can get 21.63 INIT for 1 OMR.
How do I calculate or convert INIT to OMR?
You can use our INIT to OMR calculator at the top of this page to convert any amount of INIT to OMR. We've also included quick-reference tables for the most popular conversions. For example, 5 OMR is equivalent to 108.14 INIT, while 5 INIT will cost around 0.2312OMR.
What is the highest price of INIT/OMR in history?
The all-time high price of 1 INIT in OMR is ر.ع.0.5543. It remains to be seen if the value of 1 INIT/OMR will exceed the current all-time high.
What is the price trend of Initia in OMR?
Over the past 7 days, the exchange rate of Initia (INIT) has gone down by 7.91%.   Over the last month, the exchange rate of Initia (INIT) has gone down by 34.03% against Omani Rial (OMR).

What factors influence the conversion rate of INIT to OMR?

There are many factors that affect the relationship between Initia and Omani Rial, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of INIT/OMR. When there is positive news in the market about the widespread adoption of INIT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of INIT/OMR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in INIT/OMR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of INIT/OMR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Initia and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Initia currency pairs: INIT to US Dollar (USD), INIT to Euro (EUR), INIT to Pound Sterling (GBP), INIT to Canadian Dollar (CAD), INIT to Indian Rupee (INR), INIT to Pakistani Rupee (PKR), INIT to Brazilian Real (BRL), INIT to…
The price of Initia in the US is $0.1203 USD. Additionally, Initia’s price is €0.1042 EUR in the eurozone, £0.09212 GBP in the UK, C$0.1690 CAD in Canada, ₹10.64 INR in India, ₨33.9 PKR in Pakistan, R$0.6413 BRL in Brazil, and more.
The most popular Initia currency pair is the INIT to Omani Rial(OMR). The price of 1 Initia (INIT) in Omani Rial (OMR) is ر.ع.0.04624.

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