MAGIK
KHR
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 Magik Finance(MAGIK) to Cambodian Riel(KHR). This is the real-time data. The current conversion shows 1 MAGIK at a value of 1 MAGIK for 104.76 KHR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
KHR information
About Cambodian Riel (KHR)
The Cambodian Riel (KHR), introduced in 1980, is not just Cambodia's official currency; it is a symbol of the nation's tumultuous history and its journey towards economic resurgence. It is commonly abbreviated as KHR and represented by the symbol ៛.
Historical Background
The introduction of the Riel marked a significant step in Cambodia's recovery from years of conflict, including the devastating Khmer Rouge regime. The currency was reintroduced to foster a sense of normalcy and economic stability in a nation striving to rebuild itself.
Design and Symbolism
The design of the Cambodian Riel is a vibrant tapestry of the country's cultural and natural heritage. Banknotes feature images of ancient Khmer architecture, like the famed Angkor Wat, alongside portraits of King Norodom Sihanouk and other significant figures. These designs serve not only as a medium for financial transactions but also as a reminder of Cambodia's rich history and resilience.
Economic Role
The Riel plays a crucial role in Cambodia’s predominantly agrarian economy, complemented by the garment industry, tourism, and recently, a growing service sector. While the US Dollar is also widely used, the Riel remains important for local transactions, particularly in rural areas, and symbolizes national sovereignty.
Monetary Policy and Inflation
Managed by the National Bank of Cambodia, the Riel has faced challenges like inflation and currency stability. The central bank’s monetary policies aim to stabilize the Riel, which is crucial for encouraging investment and maintaining the economic confidence of both the populace and international investors.
International Trade and the Cambodian Riel
The Riel’s value is significant in international trade, particularly for Cambodia's exports like textiles, rice, and rubber. A stable Riel is important for maintaining competitive export prices and attracting foreign investment.
Remittances and the Economy
Remittances from Cambodians working abroad, especially in Thailand and South Korea, are a vital source of income for many families and contribute significantly to the national economy. These funds, converted into Riels, support household economies and contribute to the country's financial stability.
Bitget crypto-to-fiat exchange data shows that the most popular Magik Finance currency pair is the MAGIK to KHR, with for Magik Finance's currency code being MAGIK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KHR.
MAGIK to KHR conversion rate trend
1D7D1M3M1YAll
In the past 1D, Magik Finance has changed -3.93% to KHR. Based on the trend and price charts, Magik Finance(MAGIK) has changed -3.93% to KHR while Cambodian Riel(KHR) has changed % to MAGIK in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ៛104.76 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/13 08:34:44(UTC+0)
How to buy Magik Finance
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Magik Finance (MAGIK)
Use a variety of payment options to buy Magik Finance on Bitget. We'll show you how.
Buy MAGIK (or USDT) for KHR (Cambodian Riel) offers
Bitget P2P trading does not currently support direct buying of MAGIK with KHR. However, you can buy USDT in Bitget P2P trading first, and then buy MAGIK with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell MAGIK (or USDT) for KHR (Cambodian Riel) offers
Bitget P2P trading currently does not support direct selling of MAGIK to KHR. However, you can first exchange MAGIK 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 |
|---|
No matching ads found.
What factors influence the conversion rate of Magik Finance to Cambodian Riel?
Magik Finance to Cambodian Riel is rising this week.Magik Finance's current market price is ៛ 104.76 per MAGIK, with a total market cap of ៛ 0 KHR based on a circulating supply of -- MAGIK. The trading volume of Magik Finance has changed by -97.33% (៛ -2,176,450.41 KHR) in the last 24 hours. Last trading day, MAGIK's trading volume was ៛ 2,236,050.09.
Market cap
$0
24h volume
$14.78520139
Circulating supply
0 MAGIK
Conversion tables
The exchange rate of Magik Finance is increasing.1 MAGIK is currently valued at ៛ 104.76 KHR , which means buying 5 MAGIK will cost ៛ 523.79 KHR . Similarly, ៛1 KHR can be traded for 0.009546 MAGIK, and ៛50 KHR can be converted to 0.4773 MAGIK, excluding any platform or gas fees.
The exchange rate of 1 MAGIK to Cambodian Riel has changed by +23.90% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.93%, reaching a high of 115.33 KHR and a low of 104.76 KHR . One month ago, the value of 1 MAGIK was ៛ 91.69 KHR , which represents a +14.25% change from its current value. Over the last year, Magik Finance has changed by , resulting in a change of +109.41% in its value.
+៛
54.73KHRMAGIK to KHR
Amount
12:11 today
0.5 MAGIK
៛52.38
1 MAGIK
៛104.76
5 MAGIK
៛523.79
10 MAGIK
៛1,047.58
50 MAGIK
៛5,237.91
100 MAGIK
៛10,475.83
500 MAGIK
៛52,379.15
1000 MAGIK
៛104,758.3
KHR to MAGIK
Amount12:11 today
0.5KHR0.004773 MAGIK
1KHR0.009546 MAGIK
5KHR0.04773 MAGIK
10KHR0.09546 MAGIK
50KHR0.4773 MAGIK
100KHR0.9546 MAGIK
500KHR4.77 MAGIK
1000KHR9.55 MAGIK
Today vs. 24 hours ago
| Amount | 12:11 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MAGIK | $0.01299 | $0.01353 | -3.93% |
| 1 MAGIK | $0.02599 | $0.02705 | -3.93% |
| 5 MAGIK | $0.1299 | $0.1353 | -3.93% |
| 10 MAGIK | $0.2599 | $0.2705 | -3.93% |
| 50 MAGIK | $1.3 | $1.35 | -3.93% |
| 100 MAGIK | $2.6 | $2.71 | -3.93% |
| 500 MAGIK | $12.99 | $13.53 | -3.93% |
| 1000 MAGIK | $25.99 | $27.05 | -3.93% |
Today vs. 1 month ago
| Amount | 12:11 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MAGIK | $0.01299 | $0.01137 | +14.25% |
| 1 MAGIK | $0.02599 | $0.02275 | +14.25% |
| 5 MAGIK | $0.1299 | $0.1137 | +14.25% |
| 10 MAGIK | $0.2599 | $0.2275 | +14.25% |
| 50 MAGIK | $1.3 | $1.14 | +14.25% |
| 100 MAGIK | $2.6 | $2.27 | +14.25% |
| 500 MAGIK | $12.99 | $11.37 | +14.25% |
| 1000 MAGIK | $25.99 | $22.75 | +14.25% |
Today vs. 1 year ago
| Amount | 12:11 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MAGIK | $0.01299 | $0.006205 | +109.41% |
| 1 MAGIK | $0.02599 | $0.01241 | +109.41% |
| 5 MAGIK | $0.1299 | $0.06205 | +109.41% |
| 10 MAGIK | $0.2599 | $0.1241 | +109.41% |
| 50 MAGIK | $1.3 | $0.6205 | +109.41% |
| 100 MAGIK | $2.6 | $1.24 | +109.41% |
| 500 MAGIK | $12.99 | $6.21 | +109.41% |
| 1000 MAGIK | $25.99 | $12.41 | +109.41% |
Magik Finance price prediction
What will the price of MAGIK be in 2025?
Based on MAGIK's historical price performance prediction model, the price of MAGIK is projected to reach $0.03856 in 2025.
What will the price of MAGIK be in 2030?
In 2030, the MAGIK price is expected to change by -1.00%. By the end of 2030, the MAGIK price is projected to reach $0.06847, with a cumulative ROI of +163.45%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular Magik Finance conversions
Check out these popular currency conversions of Magik Finance to several fiat currencies.
Magik Finance to USD
1 MAGIK to $ 0.02599 USD
Magik Finance to GBP
1 MAGIK to £ 0.02056 GBP
Magik Finance to EUR
1 MAGIK to € 0.02477 EUR
Magik Finance to KRW
1 MAGIK to ₩ 37.3 KRW
Magik Finance to CAD
1 MAGIK to $ 0.03696 CAD
Magik Finance to AUD
1 MAGIK to $ 0.04081 AUD
Magik Finance to JPY
1 MAGIK to ¥ 3.99 JPY
Magik Finance to BRL
1 MAGIK to R$ 0.1566 BRL
Magik Finance to CNY
1 MAGIK to ¥ 0.1892 CNY
Magik Finance to TWD
1 MAGIK to NT$ 0.8450 TWD
Popular cryptocurrencies to KHR
Explore other cryptocurrencies based on your interest in Magik Finance.
Solidus Ai Tech to KHR
1 AITECH to ៛ 456.55 KHR
MAD to KHR
1 MAD to ៛ 0.2169 KHR
Bitcoin to KHR
1 BTC to ៛ 404,751,084.41 KHR
Aave to KHR
1 AAVE to ៛ 1,495,713.17 KHR
aelf to KHR
1 ELF to ៛ 2,140.03 KHR
SPX6900 to KHR
1 SPX to ៛ 2,732.11 KHR
Goatseus Maximus to KHR
1 GOAT to ៛ 3,069.28 KHR
Turbo to KHR
1 TURBO to ៛ 47.71 KHR
Fantom to KHR
1 FTM to ៛ 4,886.52 KHR
Dogecoin to KHR
1 DOGE to ៛ 1,630.31 KHR
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 Magik Finance and KHR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Magik Finance and KHR. 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 Magik Finance in KHR, 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.
