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Magnetix to Qatari Rial (MAG to QAR)

MAG to QAR Converter and calculator

MAG/QAR: 1 MAG = 0.0002281 QAR. The price of converting 1 Magnetix (MAG) to Qatari Rial (QAR) is 0.0002281 QAR today.
MAG
MAG
QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAG to QAR real-time exchange rates, making it easy to convert Magnetix (MAG) to Qatari Rial (QAR). The conversion result is based on real-time data. The conversion result shows that 1 MAG is currently valued at 0.0002281 QAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAG is currently valued at 0.0002281 QAR, which means buying 5 MAG would cost 0.001140 QAR. Similarly, ر.ق1 QAR can be converted to 4,384.92 MAG, and ر.ق50 QAR can be converted to 21,924.6 MAG, excluding any platform or gas fees.

Convert MAG to QAR

Convert QAR to MAG

Magnetix
Qatari Rial
1 MAG
0.0002281  QAR
Exchange 1 MAG for 0.0002281 QAR
2 MAG
0.0004561  QAR
Exchange 2 MAG for 0.0004561 QAR
5 MAG
0.001140  QAR
Exchange 5 MAG for 0.001140 QAR
10 MAG
0.002281  QAR
Exchange 10 MAG for 0.002281 QAR
20 MAG
0.004561  QAR
Exchange 20 MAG for 0.004561 QAR
50 MAG
0.01140  QAR
Exchange 50 MAG for 0.01140 QAR
100 MAG
0.02281  QAR
Exchange 100 MAG for 0.02281 QAR
200 MAG
0.04561  QAR
Exchange 200 MAG for 0.04561 QAR
500 MAG
0.1140  QAR
Exchange 500 MAG for 0.1140 QAR
1000 MAG
0.2281  QAR
Exchange 1000 MAG for 0.2281 QAR
5000 MAG
1.14  QAR
Exchange 5000 MAG for 1.14 QAR
10000 MAG
2.28  QAR
Exchange 10000 MAG for 2.28 QAR
In the table above, you'll find a comprehensive MAG to QAR converter that shows the value of Magnetix in Qatari Rial across commonly used conversion amounts. The list covers conversions from 1 MAG to QAR, all the way up to 10000 MAG, providing a clear view of their respective values.
Qatari Rial
Magnetix
1 QAR
4,384.92 MAG
Exchange 1 QAR for 4,384.92 MAG
10 QAR
43,849.19 MAG
Exchange 10 QAR for 43,849.19 MAG
50 QAR
219,245.97 MAG
Exchange 50 QAR for 219,245.97 MAG
100 QAR
438,491.94 MAG
Exchange 100 QAR for 438,491.94 MAG
200 QAR
876,983.89 MAG
Exchange 200 QAR for 876,983.89 MAG
500 QAR
2,192,459.71 MAG
Exchange 500 QAR for 2,192,459.71 MAG
1000 QAR
4,384,919.43 MAG
Exchange 1000 QAR for 4,384,919.43 MAG
2000 QAR
8,769,838.85 MAG
Exchange 2000 QAR for 8,769,838.85 MAG
5000 QAR
21,924,597.14 MAG
Exchange 5000 QAR for 21,924,597.14 MAG
10000 QAR
43,849,194.27 MAG
Exchange 10000 QAR for 43,849,194.27 MAG
50000 QAR
219,245,971.36 MAG
Exchange 50000 QAR for 219,245,971.36 MAG
100000 QAR
438,491,942.72 MAG
Exchange 100000 QAR for 438,491,942.72 MAG
In the table above, you'll find a comprehensive QAR to MAG converter that shows the value of Qatari Rial in Magnetix across commonly used conversion amounts. The list covers conversions from 1 QAR to MAG, all the way up to 100000 QAR, providing a clear view of their respective values.

MAG to QAR chart

MAG/QAR: 1 MAG = 0.0002281 QAR; 2025/12/29 05:42:43
In the past 1D, Magnetix has changed -0.73% to QAR. Based on the trend and price charts, Magnetix(MAG) has changed -0.73% to QAR while Qatari Rial(QAR) has changed % to MAG in the last 24 hours.
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MAG to QAR conversion data: Volatility and price changes of Magnetix in QAR

The highest Magnetix price in QAR over the past 7 days was 0.0002367 QAR while the lowest Magnetix price in QAR over the past 7 days was 0.0002232 QAR. The relative change between the highs and lows in Magnetix price in QAR over the last 7 days indicates a volatility of %. You can view additional volatility data and MAG to QAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.0002302 QAR
0.0002367 QAR
0.0002764 QAR
0.0008017 QAR
Low
0.0002264 QAR
0.0002232 QAR
0.0002174 QAR
0.0002174 QAR
Average
0 QAR
0 QAR
0 QAR
0 QAR
Volatility
%
%
%
%
Change
-0.73%
-0.86%
-13.24%
-67.20%

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Bitget P2P trading does not currently support direct buying of MAG with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy MAG with USDT via Bitget spot market.
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Magnetix information

MAG to QAR market statistics

MAG/QAR:
ر.ق0.0002281
MAG 24h volume:
--
MAG market cap:
--
MAG circulating supply:
0 MAG

Current MAG to QAR exchange rate

Magnetix to Qatari Rial is falling this week.
Magnetix's current market price is ر.ق0.0002281 per MAG, with a total market cap of ر.ق0 QAR based on a circulating supply of -- MAG. The trading volume of Magnetix has changed by -100.00% (ر.ق-- QAR) in the last 24 hours. Last trading day, MAG's trading volume was ر.ق--.

More info about Magnetix on Bitget

Qatari Rial information

About Qatari Rial (QAR)

The Qatari Rial (QAR), introduced in 1973, is more than just the official currency of Qatar; it is a testament to the nation's economic growth, wealth, and cultural heritage. It is commonly abbreviated as QAR and represented by the symbol ر.ق. Emerging after Qatar gained independence from the British, the Rial replaced the Qatar and Dubai Riyal and marked a new chapter in the country's burgeoning financial landscape.

Historical Background

The introduction of the Qatari Rial was a crucial step in Qatar's journey towards economic self-sufficiency and sovereignty. The currency's establishment coincided with the rapid development of Qatar's oil and gas sectors, propelling the nation into economic prominence. The Rial symbolized not only a new monetary system but also Qatar's emergence as a significant player in the global economy.

Design and Symbolism

The design of the Qatari Rial is a reflection of Qatar's rich history and cultural identity. Banknotes feature imagery of the Qatari flag, traditional dhow boats, and prominent landmarks like the Museum of Islamic Art. These designs serve not only as a medium for financial transactions but also as symbols of Qatar's blend of tradition and modernity, showcasing its journey from a pearling economy to a global energy powerhouse.

Economic Role

The Qatari Rial plays a central role in the nation’s economy, underpinned by one of the world’s largest reserves of oil and natural gas. The currency is instrumental in facilitating trade, both domestically and internationally, and supports various sectors including finance, construction, and a growing service industry.

Monetary Policy and Stability

Managed by the Qatar Central Bank, the Rial is pegged to the US Dollar, reflecting the economic relationship between Qatar and the United States, particularly in the oil sector. This peg provides stability to the Rial, crucial in an economy heavily reliant on hydrocarbon exports, and helps to manage inflation.

International Trade and the Qatari Rial

The stability of the Qatari Rial is vital in international trade, particularly for Qatar's exports of liquefied natural gas (LNG) and petroleum products. A stable Rial is essential for maintaining competitive pricing in global markets and for attracting foreign investment in various sectors.

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

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How to convert MAG to QAR

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MAG to QAR Conversion tables

The exchange rate of Magnetix is decreasing.
The exchange rate of 1 MAG to Qatari Rial has changed by -0.86% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.73%, reaching a high of 0.0002302 QAR and a low of 0.0002264 QAR . One month ago, the value of 1 MAG was ر.ق0.0002629 QAR , which represents a -13.24% change from its current value. Over the last year, Magnetix has changed by
+ر.ق
0.0002281QAR
, resulting in a change of -78.63% in its value.
24 hours ago1 month ago1 year ago
Amount 05:42 am today 24 hours ago 24h change
0.5 MAG
ر.ق0.0001140ر.ق0.0001149
-0.73%
1 MAG
ر.ق0.0002281ر.ق0.0002297
-0.73%
5 MAG
ر.ق0.001140ر.ق0.001149
-0.73%
10 MAG
ر.ق0.002281ر.ق0.002297
-0.73%
50 MAG
ر.ق0.01140ر.ق0.01149
-0.73%
100 MAG
ر.ق0.02281ر.ق0.02297
-0.73%
500 MAG
ر.ق0.1140ر.ق0.1149
-0.73%
1000 MAG
ر.ق0.2281ر.ق0.2297
-0.73%

MAG to QAR FAQ

How much is 1 Magnetix in QAR?
Right now, the price of 1 Magnetix (MAG) in Qatari Rial (QAR) is ر.ق0.0002281.
How much MAG can I buy for 1 QAR?
Based on the current exchange rate, you can get 4,384.92 MAG for 1 QAR.
How do I calculate or convert MAG to QAR?
You can use our MAG to QAR calculator at the top of this page to convert any amount of MAG to QAR. We've also included quick-reference tables for the most popular conversions. For example, 5 QAR is equivalent to 21,924.6 MAG, while 5 MAG will cost around 0.001140QAR.
What is the highest price of MAG/QAR in history?
The all-time high price of 1 MAG in QAR is ر.ق0.1307. It remains to be seen if the value of 1 MAG/QAR will exceed the current all-time high.
What is the price trend of Magnetix in QAR?
Over the past 7 days, the exchange rate of Magnetix (MAG) has gone down by 0.86%.   Over the last month, the exchange rate of Magnetix (MAG) has gone down by 13.24% against Qatari Rial (QAR).

What factors influence the conversion rate of MAG to QAR?

There are many factors that affect the relationship between Magnetix and Qatari 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/QAR. 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/QAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAG/QAR.
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/QAR. 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 Magnetix and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Magnetix currency pairs: MAG to US Dollar (USD), MAG to Euro (EUR), MAG to Pound Sterling (GBP), MAG to Canadian Dollar (CAD), MAG to Indian Rupee (INR), MAG to Pakistani Rupee (PKR), MAG to Brazilian Real (BRL), MAG to…
The price of Magnetix in the US is $0.C$0.{4}85536258 USD. Additionally, Magnetix’s price is €0.{4}5320 EUR in the eurozone, £0.{4}4637 GBP in the UK, {4} CAD in Canada, ₹0.005627 INR in India, ₨0.01759 PKR in Pakistan, R$0.0003481 BRL in Brazil, and more.
The most popular Magnetix currency pair is the MAG to Qatari Rial(QAR). The price of 1 Magnetix (MAG) in Qatari Rial (QAR) is ر.ق0.0002281.

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