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MAG to OMR Converter and calculator

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

Convert MAG to OMR

Convert OMR to MAG

Magnum Trading (old)
Omani Rial
In the table above, you'll find a comprehensive MAG to OMR converter that shows the value of Magnum Trading (old) in Omani Rial across commonly used conversion amounts. The list covers conversions from 1 MAG to OMR, all the way up to 10000 MAG, providing a clear view of their respective values.
Omani Rial
Magnum Trading (old)
100000 OMR
Infinity MAG
In the table above, you'll find a comprehensive OMR to MAG converter that shows the value of Omani Rial in Magnum Trading (old) across commonly used conversion amounts. The list covers conversions from 1 OMR to MAG, all the way up to 100000 OMR, providing a clear view of their respective values.

MAG to OMR chart

MAG/OMR: 1 MAG = 0 OMR; 2025/04/27 18:31:29
In the past 1D, Magnum Trading (old) has changed -14.09% to OMR. Based on the trend and price charts, Magnum Trading (old)(MAG) has changed -14.09% to OMR while Omani Rial(OMR) has changed % to MAG in the last 24 hours.
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MAG to OMR conversion data: Volatility and price changes of Magnum Trading (old) in OMR

The highest Magnum Trading (old) price in OMR over the past 7 days was 0.01320 OMR while the lowest Magnum Trading (old) price in OMR over the past 7 days was 0.003824 OMR. The relative change between the highs and lows in Magnum Trading (old) price in OMR over the last 7 days indicates a volatility of %. You can view additional volatility data and MAG 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
0.003824 OMR
0.01320 OMR
0.01663 OMR
0.03708 OMR
Low
0.003824 OMR
0.003824 OMR
0.003824 OMR
0.003824 OMR
Average
0 OMR
0 OMR
0 OMR
0 OMR
Volatility
%
%
%
%
Change
-14.09%
-70.88%
-69.18%
-88.51%

Magnum Trading (old) information

MAG to OMR market statistics

MAG/OMR:
--
MAG 24h volume:
--
MAG market cap:
--
MAG circulating supply:
0 MAG

Current MAG to OMR exchange rate

Magnum Trading (old) to Omani Rial is falling this week.
Magnum Trading (old)'s current market price is ر.ع.0 per MAG, with a total market cap of ر.ع.0 OMR based on a circulating supply of -- MAG. The trading volume of Magnum Trading (old) has changed by 0.00% (ر.ع.0 OMR) in the last 24 hours. Last trading day, MAG's trading volume was ر.ع.0.

More info about Magnum Trading (old) 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 Magnum Trading (old) currency pair is the MAG to OMR, with for Magnum Trading (old)'s currency code being MAG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.

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How to convert MAG to OMR

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Bitget P2P trading does not currently support direct buying of MAG with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy MAG with USDT via Bitget spot market.
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MAG to OMR Conversion tables

The exchange rate of Magnum Trading (old) is decreasing.
The exchange rate of 1 MAG to Omani Rial has changed by -70.88% in the last 7 days. In the last 24 hours, the rate has fluctuated by -14.09%, reaching a high of 0.003824 OMR and a low of 0.003824 OMR . One month ago, the value of 1 MAG was ر.ع.0.008581 OMR , which represents a -69.18% change from its current value. Over the last year, Magnum Trading (old) has changed by
-ر.ع.
0.2027OMR
, resulting in a change of -98.15% in its value.
24 hours ago1 month ago1 year ago
Amount18:31 today24 hours ago24h change
0.5 MAGر.ع.0ر.ع.0
-14.09%
1 MAGر.ع.0ر.ع.0
-14.09%
5 MAGر.ع.0ر.ع.0
-14.09%
10 MAGر.ع.0ر.ع.0
-14.09%
50 MAGر.ع.0ر.ع.0
-14.09%
100 MAGر.ع.0ر.ع.0
-14.09%
500 MAGر.ع.0ر.ع.0
-14.09%
1000 MAGر.ع.0ر.ع.0
-14.09%

MAG to OMR FAQ

How much is 1 Magnum Trading (old) in OMR?
Right now, the price of 1 Magnum Trading (old) (MAG) in Omani Rial (OMR) is ر.ع.0.
How much MAG can I buy for 1 OMR?
Based on the current exchange rate, you can get Infinity MAG for 1 OMR.
How do I calculate or convert MAG to OMR?
You can use our MAG to OMR calculator at the top of this page to convert any amount of MAG to OMR. We've also included quick-reference tables for the most popular conversions. For example, 5 OMR is equivalent to Infinity MAG, while 5 MAG will cost around 0.00OMR.
What is the highest price of MAG/OMR in history?
The all-time high price of 1 MAG in OMR is ر.ع.585.53. It remains to be seen if the value of 1 MAG/OMR will exceed the current all-time high.
What is the price trend of Magnum Trading (old) in OMR?
Over the past 7 days, the exchange rate of Magnum Trading (old) (MAG) has gone down by 70.88%.   Over the last month, the exchange rate of Magnum Trading (old) (MAG) has gone down by 69.18% against Omani Rial (OMR).

What factors influence the conversion rate of MAG to OMR?

There are many factors that affect the relationship between Magnum Trading (old) 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 MAG/OMR. When there is positive news in the market about the widespread adoption of MAG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MAG/OMR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAG/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 MAG/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 Magnum Trading (old) 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.