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MagnetGold to Omani Rial Converter and calculator

Convert 1MagnetGold (MTG) to Omani Rial (OMR) equals ر.ع. 0.01511 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of MagnetGold(MTG) to Omani Rial(OMR). This is the real-time data. The current conversion shows 1 MTG at a value of 1 MTG for 0.02 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.

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Bitget crypto-to-fiat exchange data shows that the most popular MagnetGold currency pair is the MTG to OMR, with for MagnetGold's currency code being MTG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.

MTG to OMR conversion rate trend

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In the past 1D, MagnetGold has changed +7.23% to OMR. Based on the trend and price charts, MagnetGold(MTG) has changed +7.23% to OMR while Omani Rial(OMR) has changed % to MTG in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ع.0.01511
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/11/17 00:34:35(UTC+0)

How to buy MagnetGold

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy MagnetGold (MTG)
Use a variety of payment options to buy MagnetGold on Bitget. We'll show you how.

Buy MTG (or USDT) for OMR (Omani Rial) offers

Bitget P2P trading does not currently support direct buying of MTG with OMR. However, you can buy USDT in Bitget P2P trading first, and then buy MTG with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
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Sell MTG (or USDT) for OMR (Omani Rial) offers

Bitget P2P trading currently does not support direct selling of MTG to OMR. However, you can first exchange MTG for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of MagnetGold to Omani Rial?

MagnetGold to Omani Rial is rising this week.
MagnetGold's current market price is ر.ع. 0.01511 per MTG, with a total market cap of ر.ع. 0 OMR based on a circulating supply of -- MTG. The trading volume of MagnetGold has changed by -86.55% (ر.ع. -155.31 OMR) in the last 24 hours. Last trading day, MTG's trading volume was ر.ع. 179.45.
Market cap
$0
24h volume
$62.72197737
Circulating supply
0 MTG

Conversion tables

The exchange rate of MagnetGold is decreasing.
1 MTG is currently valued at ر.ع. 0.01511 OMR , which means buying 5 MTG will cost ر.ع. 0.07556 OMR . Similarly, ر.ع.1 OMR can be traded for 66.17 MTG, and ر.ع.50 OMR can be converted to 3,308.61 MTG, excluding any platform or gas fees.
The exchange rate of 1 MTG to Omani Rial has changed by +18.72% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.23%, reaching a high of 0.01511 OMR and a low of 0.01377 OMR . One month ago, the value of 1 MTG was ر.ع. 0.01805 OMR , which represents a -16.26% change from its current value. Over the last year, MagnetGold has changed by
-ر.ع.
0.06230OMR
, resulting in a change of -80.48% in its value.

MTG to OMR

Amount
07:50 am today
0.5 MTG
ر.ع.0.007556
1 MTG
ر.ع.0.01511
5 MTG
ر.ع.0.07556
10 MTG
ر.ع.0.1511
50 MTG
ر.ع.0.7556
100 MTG
ر.ع.1.51
500 MTG
ر.ع.7.56
1000 MTG
ر.ع.15.11

OMR to MTG

Amount07:50 am today
0.5OMR33.09  MTG
1OMR66.17  MTG
5OMR330.86  MTG
10OMR661.72  MTG
50OMR3,308.61  MTG
100OMR6,617.23  MTG
500OMR33,086.13  MTG
1000OMR66,172.26  MTG

Today vs. 24 hours ago

Amount07:50 am today24 hours ago24h change
0.5 MTG$0.01963$0.01831
+7.23%
1 MTG$0.03926$0.03662
+7.23%
5 MTG$0.1963$0.1831
+7.23%
10 MTG$0.3926$0.3662
+7.23%
50 MTG$1.96$1.83
+7.23%
100 MTG$3.93$3.66
+7.23%
500 MTG$19.63$18.31
+7.23%
1000 MTG$39.26$36.62
+7.23%

Today vs. 1 month ago

Amount07:50 am today1 month ago1M change
0.5 MTG$0.01963$0.02344
-16.26%
1 MTG$0.03926$0.04689
-16.26%
5 MTG$0.1963$0.2344
-16.26%
10 MTG$0.3926$0.4689
-16.26%
50 MTG$1.96$2.34
-16.26%
100 MTG$3.93$4.69
-16.26%
500 MTG$19.63$23.44
-16.26%
1000 MTG$39.26$46.89
-16.26%

Today vs. 1 year ago

Amount07:50 am today1 year ago1Y change
0.5 MTG$0.01963$0.1006
-80.48%
1 MTG$0.03926$0.2011
-80.48%
5 MTG$0.1963$1.01
-80.48%
10 MTG$0.3926$2.01
-80.48%
50 MTG$1.96$10.06
-80.48%
100 MTG$3.93$20.11
-80.48%
500 MTG$19.63$100.57
-80.48%
1000 MTG$39.26$201.13
-80.48%

MagnetGold price prediction

What will the price of MTG be in 2025?

Based on MTG's historical price performance prediction model, the price of MTG is projected to reach $0.06040 in 2025.

What will the price of MTG be in 2030?

In 2030, the MTG price is expected to change by +6.00%. By the end of 2030, the MTG price is projected to reach $0.1195, with a cumulative ROI of +204.31%.

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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 MagnetGold 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 MagnetGold 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 MagnetGold 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.