MAGIK
LKR
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 Magik Finance(MAGIK) to Sri Lankan Rupee(LKR). This is the real-time data. The current conversion shows 1 MAGIK at a value of 1 MAGIK for 7.70 LKR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
LKR information
About Sri Lankan Rupee (LKR)
The Sri Lankan Rupee (LKR), established in 1885, is more than just the monetary unit of Sri Lanka; it represents the nation's rich cultural heritage and its evolving economic landscape. It is commonly abbreviated as LKR and represented by the symbol Rs. As a key player in Sri Lanka's economic activities, the Rupee has witnessed the country's journey from a colonial past to an independent nation striving for economic growth and stability.
Historical Background
The introduction of the Sri Lankan Rupee marked a significant shift from the British Indian Rupee, aligning with Sri Lanka's (then Ceylon) transition towards economic self-sufficiency. This change was part of the broader colonial policy but later became a symbol of national identity after Sri Lanka gained independence in 1948.
Design and Symbolism
The design of the Sri Lankan Rupee is a vivid reflection of the country's diverse flora and fauna, historical landmarks, and figures who have shaped its history. The notes and coins feature images of ancient kings, renowned figures, native wildlife, and significant cultural and natural sites. These elements are not just decorative; they are imbued with the nation's story and pride.
Economic Role
The Rupee plays a central role in Sri Lanka’s economy, which is characterized by its tea, rubber, and coconut exports, along with a growing tourism industry and remittances from overseas workers. As the primary medium of exchange, it facilitates trade and transactions within these sectors, underpinning the country's economic activity.
Monetary Policy and Inflation
Managed by the Central Bank of Sri Lanka, the Rupee has faced challenges including inflation and depreciation, particularly in times of political and economic instability. The bank’s monetary policies aim to stabilize the currency, which is crucial for maintaining economic confidence and attracting foreign investment.
International Trade and the Sri Lankan Rupee
The value of the Rupee is significant in international trade, particularly for Sri Lanka's exports like textiles and tea. A stable Rupee is important for maintaining competitive export prices and attracting foreign direct investment.
Remittances and Economic Impact
Remittances from the Sri Lankan diaspora, especially from the Middle East and Europe, are a significant source of foreign income. These remittances, converted into Rupees, play a substantial role in supporting families and contributing to the national economy.
Bitget crypto-to-fiat exchange data shows that the most popular Magik Finance currency pair is the MAGIK to LKR, with for Magik Finance's currency code being MAGIK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for LKR.
MAGIK to LKR conversion rate trend
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In the past 1D, Magik Finance has changed -3.93% to LKR. Based on the trend and price charts, Magik Finance(MAGIK) has changed -3.93% to LKR while Sri Lankan Rupee(LKR) has changed % to MAGIK in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Rs7.7 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 16:34:40(UTC+0)
How to buy Magik Finance
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Magik Finance (MAGIK)
Use a variety of payment options to buy Magik Finance on Bitget. We'll show you how.
Buy MAGIK (or USDT) for LKR (Sri Lankan Rupee) offers
Bitget P2P trading does not currently support direct buying of MAGIK with LKR. However, you can buy USDT in Bitget P2P trading first, and then buy MAGIK 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 MAGIK (or USDT) for LKR (Sri Lankan Rupee) offers
Bitget P2P trading currently does not support direct selling of MAGIK to LKR. However, you can first exchange MAGIK 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 Magik Finance to Sri Lankan Rupee?
Magik Finance to Sri Lankan Rupee is rising this week.Magik Finance's current market price is Rs 7.7 per MAGIK, with a total market cap of Rs 0 LKR based on a circulating supply of -- MAGIK. The trading volume of Magik Finance has changed by -97.33% (Rs -160,063.89 LKR) in the last 24 hours. Last trading day, MAGIK's trading volume was Rs 164,447.06.
Market cap
$0
24h volume
$14.78520139
Circulating supply
0 MAGIK
Conversion tables
The exchange rate of Magik Finance is increasing.1 MAGIK is currently valued at Rs 7.7 LKR , which means buying 5 MAGIK will cost Rs 38.52 LKR . Similarly, Rs1 LKR can be traded for 0.1298 MAGIK, and Rs50 LKR can be converted to 6.49 MAGIK, excluding any platform or gas fees.
The exchange rate of 1 MAGIK to Sri Lankan Rupee has changed by +23.90% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.93%, reaching a high of 8.48 LKR and a low of 7.7 LKR . One month ago, the value of 1 MAGIK was Rs 6.74 LKR , which represents a +14.25% change from its current value. Over the last year, Magik Finance has changed by , resulting in a change of +109.41% in its value.
+Rs
4.03LKRMAGIK to LKR
Amount
17:43 today
0.5 MAGIK
Rs3.85
1 MAGIK
Rs7.7
5 MAGIK
Rs38.52
10 MAGIK
Rs77.04
50 MAGIK
Rs385.21
100 MAGIK
Rs770.43
500 MAGIK
Rs3,852.15
1000 MAGIK
Rs7,704.3
LKR to MAGIK
Amount17:43 today
0.5LKR0.06490 MAGIK
1LKR0.1298 MAGIK
5LKR0.6490 MAGIK
10LKR1.3 MAGIK
50LKR6.49 MAGIK
100LKR12.98 MAGIK
500LKR64.9 MAGIK
1000LKR129.8 MAGIK
Today vs. 24 hours ago
| Amount | 17:43 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MAGIK | $0.01299 | $0.01353 | -3.93% |
| 1 MAGIK | $0.02599 | $0.02705 | -3.93% |
| 5 MAGIK | $0.1299 | $0.1353 | -3.93% |
| 10 MAGIK | $0.2599 | $0.2705 | -3.93% |
| 50 MAGIK | $1.3 | $1.35 | -3.93% |
| 100 MAGIK | $2.6 | $2.71 | -3.93% |
| 500 MAGIK | $12.99 | $13.53 | -3.93% |
| 1000 MAGIK | $25.99 | $27.05 | -3.93% |
Today vs. 1 month ago
| Amount | 17:43 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MAGIK | $0.01299 | $0.01137 | +14.25% |
| 1 MAGIK | $0.02599 | $0.02275 | +14.25% |
| 5 MAGIK | $0.1299 | $0.1137 | +14.25% |
| 10 MAGIK | $0.2599 | $0.2275 | +14.25% |
| 50 MAGIK | $1.3 | $1.14 | +14.25% |
| 100 MAGIK | $2.6 | $2.27 | +14.25% |
| 500 MAGIK | $12.99 | $11.37 | +14.25% |
| 1000 MAGIK | $25.99 | $22.75 | +14.25% |
Today vs. 1 year ago
| Amount | 17:43 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MAGIK | $0.01299 | $0.006205 | +109.41% |
| 1 MAGIK | $0.02599 | $0.01241 | +109.41% |
| 5 MAGIK | $0.1299 | $0.06205 | +109.41% |
| 10 MAGIK | $0.2599 | $0.1241 | +109.41% |
| 50 MAGIK | $1.3 | $0.6205 | +109.41% |
| 100 MAGIK | $2.6 | $1.24 | +109.41% |
| 500 MAGIK | $12.99 | $6.21 | +109.41% |
| 1000 MAGIK | $25.99 | $12.41 | +109.41% |
Magik Finance price prediction
What will the price of MAGIK be in 2025?
Based on MAGIK's historical price performance prediction model, the price of MAGIK is projected to reach $0.03293 in 2025.
What will the price of MAGIK be in 2030?
In 2030, the MAGIK price is expected to change by -6.00%. By the end of 2030, the MAGIK price is projected to reach $0.03164, with a cumulative ROI of +21.76%.
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Popular Magik Finance conversions
Check out these popular currency conversions of Magik Finance to several fiat currencies.
Magik Finance to USD
1 MAGIK to $ 0.02599 USD
Magik Finance to GBP
1 MAGIK to £ 0.02077 GBP
Magik Finance to EUR
1 MAGIK to € 0.02499 EUR
Magik Finance to KRW
1 MAGIK to ₩ 37.74 KRW
Magik Finance to CAD
1 MAGIK to $ 0.03746 CAD
Magik Finance to AUD
1 MAGIK to $ 0.04172 AUD
Magik Finance to JPY
1 MAGIK to ¥ 4.09 JPY
Magik Finance to BRL
1 MAGIK to R$ 0.1605 BRL
Magik Finance to CNY
1 MAGIK to ¥ 0.1898 CNY
Magik Finance to TWD
1 MAGIK to NT$ 0.8501 TWD
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Explore other cryptocurrencies based on your interest in Magik Finance.
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1 BTC to Rs 27,645,441.07 LKR
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1 AAVE to Rs 103,593.86 LKR
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1 ETH to Rs 992,453.58 LKR
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1 BNB to Rs 202,630.7 LKR
Frax Share to LKR
1 FXS to Rs 947.74 LKR
Hedera to LKR
1 HBAR to Rs 79.7 LKR
Chainlink to LKR
1 LINK to Rs 6,751.88 LKR
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1 ALGO to Rs 105.46 LKR
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Virtuals Protocol to LKR
1 VIRTUAL to Rs 805.04 LKR
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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 Magik Finance and LKR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Magik Finance and LKR. 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 Magik Finance in LKR, 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.
