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MAGIK to OMR Converter and calculator

MAGIK/OMR: 1 MAGIK = 0.001850 OMR. The price of converting 1 Magik Finance (MAGIK) to Omani Rial (OMR) is 0.001850 OMR today.
MAGIK
MAGIK
OMR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAGIK to OMR real-time exchange rates, making it easy to convert Magik Finance (MAGIK) to Omani Rial (OMR). The conversion result is based on real-time data. The conversion result shows that 1 MAGIK is currently valued at 0.00 OMR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAGIK is currently valued at 0.00 OMR, which means buying 5 MAGIK would cost 0.01 OMR. Similarly, ر.ع.1 OMR can be converted to 540.64 MAGIK, and ر.ع.50 OMR can be converted to 2,703.19 MAGIK, excluding any platform or gas fees.

Convert MAGIK to OMR

Convert OMR to MAGIK

Magik Finance
Omani Rial
1 MAGIK
0.001850  OMR
2 MAGIK
0.003699  OMR
5 MAGIK
0.009248  OMR
10 MAGIK
0.01850  OMR
20 MAGIK
0.03699  OMR
50 MAGIK
0.09248  OMR
100 MAGIK
0.1850  OMR
200 MAGIK
0.3699  OMR
500 MAGIK
0.9248  OMR
10000 MAGIK
18.5  OMR
In the table above, you'll find a comprehensive MAGIK to OMR converter that shows the value of Magik Finance in Omani Rial across commonly used conversion amounts. The list covers conversions from 1 MAGIK to OMR, all the way up to 10000 MAGIK, providing a clear view of their respective values.
Omani Rial
Magik Finance
100 OMR
54,063.85 MAGIK
200 OMR
108,127.69 MAGIK
500 OMR
270,319.23 MAGIK
1000 OMR
540,638.46 MAGIK
2000 OMR
1,081,276.92 MAGIK
5000 OMR
2,703,192.3 MAGIK
10000 OMR
5,406,384.59 MAGIK
50000 OMR
27,031,922.96 MAGIK
100000 OMR
54,063,845.92 MAGIK
In the table above, you'll find a comprehensive OMR to MAGIK converter that shows the value of Omani Rial in Magik Finance across commonly used conversion amounts. The list covers conversions from 1 OMR to MAGIK, all the way up to 100000 OMR, providing a clear view of their respective values.

MAGIK to OMR chart

MAGIK/OMR: 1 MAGIK = 0.001850 OMR; 2025/06/12 04:26:21
In the past 1D, Magik Finance has changed +0.03% to OMR. Based on the trend and price charts, Magik Finance(MAGIK) has changed +0.03% to OMR while Omani Rial(OMR) has changed % to MAGIK in the last 24 hours.
1D7D1M3M1YAll

MAGIK to OMR conversion data: Volatility and price changes of Magik Finance in OMR

The highest Magik Finance price in OMR over the past 7 days was 0.002003 OMR while the lowest Magik Finance price in OMR over the past 7 days was 0.001785 OMR. The relative change between the highs and lows in Magik Finance price in OMR over the last 7 days indicates a volatility of %. You can view additional volatility data and MAGIK to OMR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.001986 OMR
0.002003 OMR
0.003009 OMR
0.003223 OMR
Low
0.001969 OMR
0.001785 OMR
0.001785 OMR
0.001785 OMR
Average
0 OMR
0 OMR
0 OMR
0 OMR
Volatility
%
%
%
%
Change
+0.03%
-2.55%
-31.50%
-19.71%

Magik Finance information

MAGIK to OMR market statistics

MAGIK/OMR:
ر.ع.0.001850
MAGIK 24h volume:
--
MAGIK market cap:
--
MAGIK circulating supply:
0 MAGIK

Current MAGIK to OMR exchange rate

Magik Finance to Omani Rial is falling this week.
Magik Finance's current market price is ر.ع.0.001850 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 -100.00% (ر.ع.-- OMR) in the last 24 hours. Last trading day, MAGIK's trading volume was ر.ع.--.

More info about Magik Finance 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 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.

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How to convert MAGIK to OMR

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Convert MAGIK to OMR
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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.
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MAGIK to OMR Conversion tables

The exchange rate of Magik Finance is decreasing.
The exchange rate of 1 MAGIK to Omani Rial has changed by -2.55% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.03%, reaching a high of 0.001986 OMR and a low of 0.001969 OMR . One month ago, the value of 1 MAGIK was ر.ع.0.002763 OMR , which represents a -31.50% change from its current value. Over the last year, Magik Finance has changed by
-ر.ع.
0.006420OMR
, resulting in a change of -76.38% in its value.
24 hours ago1 month ago1 year ago
Amount04:26 am today24 hours ago24h change
0.5 MAGIK
ر.ع.0.0009248ر.ع.0.0009246
+0.03%
1 MAGIK
ر.ع.0.001850ر.ع.0.001849
+0.03%
5 MAGIK
ر.ع.0.009248ر.ع.0.009246
+0.03%
10 MAGIK
ر.ع.0.01850ر.ع.0.01849
+0.03%
50 MAGIK
ر.ع.0.09248ر.ع.0.09246
+0.03%
100 MAGIK
ر.ع.0.1850ر.ع.0.1849
+0.03%
500 MAGIK
ر.ع.0.9248ر.ع.0.9246
+0.03%
1000 MAGIK
ر.ع.1.85ر.ع.1.85
+0.03%

MAGIK to OMR FAQ

How much is 1 Magik Finance in OMR?
Right now, the price of 1 Magik Finance (MAGIK) in Omani Rial (OMR) is ر.ع.0.001850.
How much MAGIK can I buy for 1 OMR?
Based on the current exchange rate, you can get 540.64 MAGIK for 1 OMR.
How do I calculate or convert MAGIK to OMR?
You can use our MAGIK to OMR calculator at the top of this page to convert any amount of MAGIK to OMR. We've also included quick-reference tables for the most popular conversions. For example, 5 OMR is equivalent to 2,703.19 MAGIK, while 5 MAGIK will cost around 0.009248OMR.
What is the highest price of MAGIK/OMR in history?
The all-time high price of 1 MAGIK in OMR is ر.ع.1.68. It remains to be seen if the value of 1 MAGIK/OMR will exceed the current all-time high.
What is the price trend of Magik Finance in OMR?
Over the past 7 days, the exchange rate of Magik Finance (MAGIK) has gone down by 2.55%.   Over the last month, the exchange rate of Magik Finance (MAGIK) has gone down by 31.50% against Omani Rial (OMR).

What factors influence the conversion rate of MAGIK to OMR?

There are many factors that affect the relationship between Magik Finance 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 MAGIK/OMR. When there is positive news in the market about the widespread adoption of MAGIK or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MAGIK/OMR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAGIK/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 MAGIK/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 Magik Finance and adjust their investment strategies accordingly in the evolving market.

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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.