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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.93%
New listings on Bitget: Pi Network
BTC/USDT$85169.22 (+0.72%)Fear and Greed Index32(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketINITTotal spot Bitcoin ETF netflow -$0 (1D); -$136.8M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.93%
New listings on Bitget: Pi Network
BTC/USDT$85169.22 (+0.72%)Fear and Greed Index32(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketINITTotal spot Bitcoin ETF netflow -$0 (1D); -$136.8M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
MGP
ILS
Last updated as of 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 Magpie(MGP) to Algerian Dinar(ILS). This is the real-time data. The current conversion shows 1 MGP at a value of 1 MGP for 0.10 ILS . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
ILS information
About Algerian Dinar (DZD)
The Algerian Dinar (DZD), the official currency of Algeria, embodies the country's rich history, cultural heritage, and economic aspirations. It is commonly abbreviated as DZD and represented by the symbol د.ج. Introduced in 1964, two years after Algeria's independence from France, the Dinar is more than just a medium of exchange. It represents Algeria’s journey through post-colonial recovery, socialist policies, and gradual economic liberalization.
Historical Background
The transition to the Algerian Dinar from the Algerian Franc symbolized a significant break from the colonial past and a step towards economic sovereignty. This change was part of a broader movement to assert national identity and foster economic independence in the newly liberated nation.
Design and Symbolism
The design of the Algerian Dinar reflects the country’s historical and cultural legacy. Banknotes and coins feature prominent figures from Algeria’s past, including ancient heroes and modern leaders. They also showcase landmarks, like the Maqam Echahid monument, and natural wonders, symbolizing Algeria's diverse landscapes from the Mediterranean coast to the Sahara desert. These elements are not just decorative; they are powerful symbols of Algeria’s identity and pride.
Economic Role
The Dinar is central to Algeria’s economy, characterized by its significant oil and gas reserves. The currency facilitates trade in these key sectors, as well as in agriculture, manufacturing, and services. The value and stability of the Dinar are crucial for economic growth, affecting everything from government revenue to the cost of imports.
Monetary Policy and Inflation
Managed by the Bank of Algeria, the country’s central bank, the Dinar’s value is influenced by monetary policies, global oil prices, and foreign exchange reserves. The bank faces the challenge of controlling inflation while maintaining sufficient foreign exchange reserves, critical in an economy heavily reliant on hydrocarbon exports.
Bitget crypto-to-fiat exchange data shows that the most popular Magpie currency pair is the MGP to ILS, with for Magpie's currency code being MGP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ILS.
MGP to ILS conversion rate trend
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In the past 1D, Magpie has changed +6.66% to ILS. Based on the trend and price charts, Magpie(MGP) has changed +6.66% to ILS while Algerian Dinar(ILS) has changed % to MGP in the last 24 hours.
MGP to ILS market statistics
MGP/ILS:
₪ 0.09525
MGP 24h volume:
₪ 222,992.94
MGP market cap:
₪ 43,474,138.44
MGP circulating supply:
456.44M MGP
More info about Magpie on Bitget
Current MGP to ILS exchange rate
Magpie to Algerian Dinar is rising this week.Magpie's current market price is ₪ 0.09525 per MGP, with a total market cap of ₪ 43,474,138.44 ILS based on a circulating supply of 456,439,700 MGP. The trading volume of Magpie has changed by +892.75% (₪ 200,530.7 ILS) in the last 24 hours. Last trading day, MGP's trading volume was ₪ 22,462.24.
MGP to ILS Conversion tables
The exchange rate of Magpie is decreasing.1 MGP is currently valued at ₪ 0.09525 ILS , which means buying 5 MGP will cost ₪ 0.4762 ILS . Similarly, ₪1 ILS can be traded for 10.5 MGP, and ₪50 ILS can be converted to 524.96 MGP, excluding any platform or gas fees.
The exchange rate of 1 MGP to Algerian Dinar has changed by +18.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.66%, reaching a high of 0.09639 ILS and a low of 0.08944 ILS . One month ago, the value of 1 MGP was ₪ 0.1503 ILS , which represents a -36.61% change from its current value. Over the last year, Magpie has changed by , resulting in a change of -68.49% in its value.
-₪
0.2072ILSMGP to ILS
Amount
07:40 am today
0.5 MGP
₪0.04762
1 MGP
₪0.09525
5 MGP
₪0.4762
10 MGP
₪0.9525
50 MGP
₪4.76
100 MGP
₪9.52
500 MGP
₪47.62
1000 MGP
₪95.25
ILS to MGP
Amount07:40 am today
0.5ILS5.25 MGP
1ILS10.5 MGP
5ILS52.5 MGP
10ILS104.99 MGP
50ILS524.96 MGP
100ILS1,049.91 MGP
500ILS5,249.55 MGP
1000ILS10,499.11 MGP
MGP to ILS Today vs. 24 hours ago
| Amount | 07:40 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MGP | ₪0.04762 | ₪0.04465 | +6.66% |
| 1 MGP | ₪0.09525 | ₪0.08930 | +6.66% |
| 5 MGP | ₪0.4762 | ₪0.4465 | +6.66% |
| 10 MGP | ₪0.9525 | ₪0.8930 | +6.66% |
| 50 MGP | ₪4.76 | ₪4.46 | +6.66% |
| 100 MGP | ₪9.52 | ₪8.93 | +6.66% |
| 500 MGP | ₪47.62 | ₪44.65 | +6.66% |
| 1000 MGP | ₪95.25 | ₪89.3 | +6.66% |
MGP to ILS Today vs. 1 month ago
| Amount | 07:40 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MGP | ₪0.04762 | ₪0.07515 | -36.61% |
| 1 MGP | ₪0.09525 | ₪0.1503 | -36.61% |
| 5 MGP | ₪0.4762 | ₪0.7515 | -36.61% |
| 10 MGP | ₪0.9525 | ₪1.5 | -36.61% |
| 50 MGP | ₪4.76 | ₪7.51 | -36.61% |
| 100 MGP | ₪9.52 | ₪15.03 | -36.61% |
| 500 MGP | ₪47.62 | ₪75.15 | -36.61% |
| 1000 MGP | ₪95.25 | ₪150.3 | -36.61% |
MGP to ILS Today vs. 1 year ago
| Amount | 07:40 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MGP | ₪0.04762 | ₪0.1512 | -68.49% |
| 1 MGP | ₪0.09525 | ₪0.3024 | -68.49% |
| 5 MGP | ₪0.4762 | ₪1.51 | -68.49% |
| 10 MGP | ₪0.9525 | ₪3.02 | -68.49% |
| 50 MGP | ₪4.76 | ₪15.12 | -68.49% |
| 100 MGP | ₪9.52 | ₪30.24 | -68.49% |
| 500 MGP | ₪47.62 | ₪151.22 | -68.49% |
| 1000 MGP | ₪95.25 | ₪302.43 | -68.49% |
How to convert MGP to ILS
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Convert MGP to ILS
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Buy MGP (or USDT) for ILS (Israeli New Shekel) offers
Bitget P2P trading does not currently support direct buying of MGP with ILS. However, you can buy USDT in Bitget P2P trading first, and then buy MGP with USDT via Bitget spot market.
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Sell MGP (or USDT) for ILS (Israeli New Shekel) offers
Bitget P2P trading currently does not support direct selling of MGP to ILS. However, you can first exchange MGP for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of MGP to ILS?
There are many factors that affect the relationship between Magpie and Israeli New Shekel, 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 MGP/ILS. When there is positive news in the market about the widespread adoption of MGP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MGP/ILS. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MGP/ILS.
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.
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 MGP/ILS. 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 Magpie and adjust their investment strategies accordingly in the evolving market.
Magpie Price Prediction
What will the price of MGP be in 2026?
Based on MGP's historical price performance prediction model, the price of MGP is projected to reach $0.04153 in 2026.
What will the price of MGP be in 2031?
In 2031, the MGP price is expected to change by +19.00%. By the end of 2031, the MGP price is projected to reach $0.1086, with a cumulative ROI of +320.20%.
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Popular Magpie Converter
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1 MGP to د.ج 3.43 DZD
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1 MGP to € 0.02272 EUR
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1 MGP to C$ 0.03577 CAD
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1 MGP to ₩ 36.65 KRW
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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 Magpie and ILS.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Magpie and ILS. 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 Magpie in ILS, 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.
