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MAGIK to TTD Converter and calculator

MAGIK/TTD: 1 MAGIK = 0.04558 TTD. The price of converting 1 Magik Finance (MAGIK) to Trinidad and Tobago Dollar (TTD) is 0.04558 TTD today.
MAGIK
MAGIK
TTD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAGIK to TTD real-time exchange rates, making it easy to convert Magik Finance (MAGIK) to Trinidad and Tobago Dollar (TTD). The conversion result is based on real-time data. The conversion result shows that 1 MAGIK is currently valued at 0.05 TTD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAGIK is currently valued at 0.05 TTD, which means buying 5 MAGIK would cost 0.23 TTD. Similarly, TT$1 TTD can be converted to 21.94 MAGIK, and TT$50 TTD can be converted to 109.7 MAGIK, excluding any platform or gas fees.

Convert MAGIK to TTD

Convert TTD to MAGIK

Magik Finance
Trinidad and Tobago Dollar
1000 MAGIK
45.58  TTD
5000 MAGIK
227.89  TTD
10000 MAGIK
455.77  TTD
In the table above, you'll find a comprehensive MAGIK to TTD converter that shows the value of Magik Finance in Trinidad and Tobago Dollar across commonly used conversion amounts. The list covers conversions from 1 MAGIK to TTD, all the way up to 10000 MAGIK, providing a clear view of their respective values.
Trinidad and Tobago Dollar
Magik Finance
1000 TTD
21,940.8 MAGIK
2000 TTD
43,881.6 MAGIK
5000 TTD
109,704.01 MAGIK
10000 TTD
219,408.02 MAGIK
50000 TTD
1,097,040.09 MAGIK
100000 TTD
2,194,080.17 MAGIK
In the table above, you'll find a comprehensive TTD to MAGIK converter that shows the value of Trinidad and Tobago Dollar in Magik Finance across commonly used conversion amounts. The list covers conversions from 1 TTD to MAGIK, all the way up to 100000 TTD, providing a clear view of their respective values.

MAGIK to TTD chart

MAGIK/TTD: 1 MAGIK = 0.04558 TTD; 2025/04/28 06:36:44
In the past 1D, Magik Finance has changed -0.94% to TTD. Based on the trend and price charts, Magik Finance(MAGIK) has changed -0.94% to TTD while Trinidad and Tobago Dollar(TTD) has changed % to MAGIK in the last 24 hours.
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MAGIK to TTD conversion data: Volatility and price changes of Magik Finance in TTD

The highest Magik Finance price in TTD over the past 7 days was 0.04917 TTD while the lowest Magik Finance price in TTD over the past 7 days was 0.03927 TTD. The relative change between the highs and lows in Magik Finance price in TTD over the last 7 days indicates a volatility of %. You can view additional volatility data and MAGIK to TTD 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
0.04917 TTD
0.04917 TTD
0.05516 TTD
0.08635 TTD
Low
0.04602 TTD
0.03927 TTD
0.03504 TTD
0.03107 TTD
Average
0 TTD
0 TTD
0 TTD
0 TTD
Volatility
%
%
%
%
Change
-0.94%
+14.08%
-15.33%
-4.13%

Magik Finance information

MAGIK to TTD market statistics

MAGIK/TTD:
TT$0.04558
MAGIK 24h volume:
--
MAGIK market cap:
--
MAGIK circulating supply:
0 MAGIK

Current MAGIK to TTD exchange rate

Magik Finance to Trinidad and Tobago Dollar is rising this week.
Magik Finance's current market price is TT$0.04558 per MAGIK, with a total market cap of TT$0 TTD based on a circulating supply of -- MAGIK. The trading volume of Magik Finance has changed by -100.00% (TT$-- TTD) in the last 24 hours. Last trading day, MAGIK's trading volume was TT$--.

More info about Magik Finance on Bitget

Trinidad and Tobago Dollar information

About Trinidad and Tobago Dollar (TTD)

The Trinidad and Tobago Dollar (TTD), introduced in 1964, is more than just the official currency of Trinidad and Tobago; it represents the nation's unique cultural diversity and its journey towards economic development. It is commonly abbreviated as TTD and represented by the symbol TT$. Replacing the British West Indies Dollar, the Trinidad and Tobago Dollar was established shortly after the country gained independence, marking a significant step in its pursuit of economic sovereignty.

Historical Background

The introduction of the Trinidad and Tobago Dollar was a key development in post-independence Trinidad and Tobago. It signified the nation's break from its colonial past and was instrumental in laying the groundwork for an independent monetary system. The Trinidad and Tobago Dollar was a manifestation of the new nation's aspirations to build a robust and diversified economy.

Design and Symbolism

The design of the Trinidad and Tobago Dollar reflects the country's rich history, cultural heritage, and natural beauty. Banknotes and coins feature images of notable historical figures, native wildlife, and landmarks. These designs do more than facilitate financial transactions; they narrate stories of the nation's past and present, fostering a sense of identity and pride.

Economic Role

The Trinidad and Tobago Dollar plays a central role in the nation’s economy, which is driven primarily by oil and natural gas production. As the primary medium of exchange, it supports these and other key sectors, including tourism, manufacturing, and services, enabling trade and investment. The stability of the Dollar is crucial for the country's economic health and investor confidence.

Monetary Policy and Stability

Managed by the Central Bank of Trinidad and Tobago, the Dollar has faced various economic challenges, including inflation and currency devaluation. The bank's monetary policies aim to stabilize the currency and control inflation, supporting sustainable economic growth and maintaining public confidence.

International Trade and the Trinidad and Tobago Dollar

In international trade, the value of the Dollar is crucial, particularly for Trinidad and Tobago's exports like petroleum, petrochemicals, and liquefied natural gas. A stable Dollar is essential for maintaining competitive export prices and attracting foreign direct investment.

Remittances and Economic Impact

Remittances from Trinidadians and Tobagonians living abroad, especially in the United States, Canada, and the UK, are a significant source of foreign income. These remittances, converted into Dollars, support many families and contribute to the national economy.

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

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How to convert MAGIK to TTD

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Buy MAGIK (or USDT) for TTD (Trinidad and Tobago Dollar) offers
Bitget P2P trading does not currently support direct buying of MAGIK with TTD. However, you can buy USDT in Bitget P2P trading first, and then buy MAGIK with USDT via Bitget spot market.
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MAGIK to TTD Conversion tables

The exchange rate of Magik Finance is decreasing.
The exchange rate of 1 MAGIK to Trinidad and Tobago Dollar has changed by +14.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.94%, reaching a high of 0.04917 TTD and a low of 0.04602 TTD . One month ago, the value of 1 MAGIK was TT$0.05403 TTD , which represents a -15.33% change from its current value. Over the last year, Magik Finance has changed by
-TT$
0.1251TTD
, resulting in a change of -72.81% in its value.
24 hours ago1 month ago1 year ago
Amount06:36 am today24 hours ago24h change
0.5 MAGIKTT$0.02279TT$0.02301
-0.94%
1 MAGIKTT$0.04558TT$0.04602
-0.94%
5 MAGIKTT$0.2279TT$0.2301
-0.94%
10 MAGIKTT$0.4558TT$0.4602
-0.94%
50 MAGIKTT$2.28TT$2.3
-0.94%
100 MAGIKTT$4.56TT$4.6
-0.94%
500 MAGIKTT$22.79TT$23.01
-0.94%
1000 MAGIKTT$45.58TT$46.02
-0.94%

MAGIK to TTD FAQ

How much is 1 Magik Finance in TTD?
Right now, the price of 1 Magik Finance (MAGIK) in Trinidad and Tobago Dollar (TTD) is TT$0.04558.
How much MAGIK can I buy for 1 TTD?
Based on the current exchange rate, you can get 21.94 MAGIK for 1 TTD.
How do I calculate or convert MAGIK to TTD?
You can use our MAGIK to TTD calculator at the top of this page to convert any amount of MAGIK to TTD. We've also included quick-reference tables for the most popular conversions. For example, 5 TTD is equivalent to 109.7 MAGIK, while 5 MAGIK will cost around 0.2279TTD.
What is the highest price of MAGIK/TTD in history?
The all-time high price of 1 MAGIK in TTD is TT$29.6. It remains to be seen if the value of 1 MAGIK/TTD will exceed the current all-time high.
What is the price trend of Magik Finance in TTD?
Over the past 7 days, the exchange rate of Magik Finance (MAGIK) has gone up by 14.08%.   Over the last month, the exchange rate of Magik Finance (MAGIK) has gone down by 15.33% against Trinidad and Tobago Dollar (TTD).

What factors influence the conversion rate of MAGIK to TTD?

There are many factors that affect the relationship between Magik Finance and Trinidad and Tobago Dollar, 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 MAGIK/TTD. When there is positive news in the market about the widespread adoption of MAGIK or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MAGIK/TTD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAGIK/TTD.
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 MAGIK/TTD. 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 Magik Finance 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.