MAGAIBA
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 Magaiba(MAGAIBA) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 MAGAIBA at a value of 1 MAGAIBA for 0.00 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 Magaiba currency pair is the MAGAIBA to OMR, with for Magaiba's currency code being MAGAIBA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.
MAGAIBA to OMR conversion rate trend
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In the past 1D, Magaiba has changed -1.41% to OMR. Based on the trend and price charts, Magaiba(MAGAIBA) has changed -1.41% to OMR while Omani Rial(OMR) has changed % to MAGAIBA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ع.0.{4}7475 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/31 16:33:54(UTC+0)
How to buy Magaiba
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Buy MAGAIBA (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading does not currently support direct buying of MAGAIBA with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy MAGAIBA 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 MAGAIBA (or USDT) for OMR (Omani Rial) offers
Bitget P2P trading currently does not support direct selling of MAGAIBA to OMR. However, you can first exchange MAGAIBA 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 Magaiba to Omani Rial?
Magaiba to Omani Rial is rising this week.Magaiba's current market price is ر.ع. 0.{4}7360 per MAGAIBA, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- MAGAIBA. The trading volume of Magaiba has changed by +585.83% (ر.ع. 65.08 OMR) in the last 24 hours. Last trading day, MAGAIBA's trading volume was ر.ع. 11.11.
Market cap
$0
24h volume
$197.93958477
Circulating supply
0 MAGAIBA
Conversion tables
The exchange rate of Magaiba is decreasing.1 MAGAIBA is currently valued at ر.ع. 0.{4}7360 OMR , which means buying 5 MAGAIBA will cost ر.ع. 0.0003680 OMR . Similarly, ر.ع.1 OMR can be traded for 13,587.17 MAGAIBA, and ر.ع.50 OMR can be converted to 679,358.59 MAGAIBA, excluding any platform or gas fees.
The exchange rate of 1 MAGAIBA to Omani Rial has changed by +62.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.41%, reaching a high of 0.{4}7499 OMR and a low of 0.{4}7279 OMR . One month ago, the value of 1 MAGAIBA was ر.ع. 0.{4}8998 OMR , which represents a -18.21% change from its current value. Over the last year, Magaiba has changed by , resulting in a change of -92.54% in its value.
-ر.ع.
0.0009135OMRMAGAIBA to OMR
Amount
20:25 today
0.5 MAGAIBA
ر.ع.0.{4}3680
1 MAGAIBA
ر.ع.0.{4}7360
5 MAGAIBA
ر.ع.0.0003680
10 MAGAIBA
ر.ع.0.0007360
50 MAGAIBA
ر.ع.0.003680
100 MAGAIBA
ر.ع.0.007360
500 MAGAIBA
ر.ع.0.03680
1000 MAGAIBA
ر.ع.0.07360
OMR to MAGAIBA
Amount20:25 today
0.5OMR6,793.59 MAGAIBA
1OMR13,587.17 MAGAIBA
5OMR67,935.86 MAGAIBA
10OMR135,871.72 MAGAIBA
50OMR679,358.59 MAGAIBA
100OMR1,358,717.17 MAGAIBA
500OMR6,793,585.85 MAGAIBA
1000OMR13,587,171.7 MAGAIBA
Today vs. 24 hours ago
| Amount | 20:25 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MAGAIBA | $0.{4}9561 | $0.{4}9697 | -1.41% |
| 1 MAGAIBA | $0.0001912 | $0.0001939 | -1.41% |
| 5 MAGAIBA | $0.0009561 | $0.0009697 | -1.41% |
| 10 MAGAIBA | $0.001912 | $0.001939 | -1.41% |
| 50 MAGAIBA | $0.009561 | $0.009697 | -1.41% |
| 100 MAGAIBA | $0.01912 | $0.01939 | -1.41% |
| 500 MAGAIBA | $0.09561 | $0.09697 | -1.41% |
| 1000 MAGAIBA | $0.1912 | $0.1939 | -1.41% |
Today vs. 1 month ago
| Amount | 20:25 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MAGAIBA | $0.{4}9561 | $0.0001169 | -18.21% |
| 1 MAGAIBA | $0.0001912 | $0.0002338 | -18.21% |
| 5 MAGAIBA | $0.0009561 | $0.001169 | -18.21% |
| 10 MAGAIBA | $0.001912 | $0.002338 | -18.21% |
| 50 MAGAIBA | $0.009561 | $0.01169 | -18.21% |
| 100 MAGAIBA | $0.01912 | $0.02338 | -18.21% |
| 500 MAGAIBA | $0.09561 | $0.1169 | -18.21% |
| 1000 MAGAIBA | $0.1912 | $0.2338 | -18.21% |
Today vs. 1 year ago
| Amount | 20:25 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MAGAIBA | $0.{4}9561 | $0.001282 | -92.54% |
| 1 MAGAIBA | $0.0001912 | $0.002565 | -92.54% |
| 5 MAGAIBA | $0.0009561 | $0.01282 | -92.54% |
| 10 MAGAIBA | $0.001912 | $0.02565 | -92.54% |
| 50 MAGAIBA | $0.009561 | $0.1282 | -92.54% |
| 100 MAGAIBA | $0.01912 | $0.2565 | -92.54% |
| 500 MAGAIBA | $0.09561 | $1.28 | -92.54% |
| 1000 MAGAIBA | $0.1912 | $2.56 | -92.54% |
Magaiba price prediction
What will the price of MAGAIBA be in 2025?
Based on MAGAIBA's historical price performance prediction model, the price of MAGAIBA is projected to reach $0.0005718 in 2025.
What will the price of MAGAIBA be in 2030?
In 2030, the MAGAIBA price is expected to change by 0.00%. By the end of 2030, the MAGAIBA price is projected to reach $0.001246, with a cumulative ROI of +544.86%.
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Popular Magaiba conversions
Check out these popular currency conversions of Magaiba to several fiat currencies.
Magaiba to USD
1 MAGAIBA to $ 0.0001912 USD
Magaiba to GBP
1 MAGAIBA to £ 0.0001528 GBP
Magaiba to EUR
1 MAGAIBA to € 0.0001847 EUR
Magaiba to KRW
1 MAGAIBA to ₩ 0.2827 KRW
Magaiba to CAD
1 MAGAIBA to $ 0.0002752 CAD
Magaiba to AUD
1 MAGAIBA to $ 0.0003092 AUD
Magaiba to JPY
1 MAGAIBA to ¥ 0.03009 JPY
Magaiba to BRL
1 MAGAIBA to R$ 0.001182 BRL
Magaiba to CNY
1 MAGAIBA to ¥ 0.001399 CNY
Magaiba to TWD
1 MAGAIBA to NT$ 0.006262 TWD
Popular cryptocurrencies to OMR
Explore other cryptocurrencies based on your interest in Magaiba.
Pepe to OMR
1 PEPE to ر.ع. 0.{5}7973 OMR
Bitcoin to OMR
1 BTC to ر.ع. 36,134.94 OMR
Solana to OMR
1 SOL to ر.ع. 74.73 OMR
Sui to OMR
1 SUI to ر.ع. 1.63 OMR
Drift to OMR
1 DRIFT to ر.ع. 0.5344 OMR
Virtuals Protocol to OMR
1 VIRTUAL to ر.ع. 1.53 OMR
Usual to OMR
1 USUAL to ر.ع. 0.3477 OMR
Movement to OMR
1 MOVE to ر.ع. 0.3307 OMR
dogwifhat to OMR
1 WIF to ر.ع. 0.7284 OMR
Dogecoin to OMR
1 DOGE to ر.ع. 0.1220 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 Magaiba 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 Magaiba 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 Magaiba 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.
