MAGIK
OMR
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 Omani Rial(OMR). This is the real-time data. The current conversion shows 1 MAGIK at a value of 1 MAGIK for 0.01 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.
Bitget crypto-to-fiat exchange data shows that the most popular Magik Finance currency pair is the MAGIK to OMR, with for Magik Finance's currency code being MAGIK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
MAGIK to OMR conversion rate trend
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In the past 1D, Magik Finance has changed -3.93% to OMR. Based on the trend and price charts, Magik Finance(MAGIK) has changed -3.93% to OMR while Omani Rial(OMR) has changed % to MAGIK in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ع.0.01000 | 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 OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of MAGIK with OMR. 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 |
|---|
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Sell MAGIK (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of MAGIK to OMR. 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 |
|---|
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What factors influence the conversion rate of Magik Finance to Omani Rial?
Magik Finance to Omani Rial is rising this week.Magik Finance's current market price is ر.ع. 0.01000 per MAGIK, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- MAGIK. The trading volume of Magik Finance has changed by -97.33% (ر.ع. -207.82 OMR) in the last 24 hours. Last trading day, MAGIK's trading volume was ر.ع. 213.51.
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 ر.ع. 0.01000 OMR , which means buying 5 MAGIK will cost ر.ع. 0.05001 OMR . Similarly, ر.ع.1 OMR can be traded for 99.97 MAGIK, and ر.ع.50 OMR can be converted to 4,998.62 MAGIK, excluding any platform or gas fees.
The exchange rate of 1 MAGIK to Omani Rial 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 0.01101 OMR and a low of 0.01000 OMR . One month ago, the value of 1 MAGIK was ر.ع. 0.008755 OMR , 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.
+ر.ع.
0.005226OMRMAGIK to OMR
Amount
12:15 today
0.5 MAGIK
ر.ع.0.005001
1 MAGIK
ر.ع.0.01000
5 MAGIK
ر.ع.0.05001
10 MAGIK
ر.ع.0.1000
50 MAGIK
ر.ع.0.5001
100 MAGIK
ر.ع.1
500 MAGIK
ر.ع.5
1000 MAGIK
ر.ع.10
OMR to MAGIK
Amount12:15 today
0.5OMR49.99 MAGIK
1OMR99.97 MAGIK
5OMR499.86 MAGIK
10OMR999.72 MAGIK
50OMR4,998.62 MAGIK
100OMR9,997.24 MAGIK
500OMR49,986.22 MAGIK
1000OMR99,972.45 MAGIK
Today vs. 24 hours ago
| Amount | 12:15 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 | 12:15 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 | 12:15 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%.
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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
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1 BTC to ر.ع. 38,638.17 OMR
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1 AAVE to ر.ع. 142.34 OMR
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1 ELF to ر.ع. 0.2044 OMR
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1 SPX to ر.ع. 0.2622 OMR
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1 GOAT to ر.ع. 0.2935 OMR
Turbo to OMR
1 TURBO to ر.ع. 0.004586 OMR
Fantom to OMR
1 FTM to ر.ع. 0.4668 OMR
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1 DOGE to ر.ع. 0.1557 OMR
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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 Magik Finance 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 Magik Finance 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 Magik Finance 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.
