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MAG to PHP Converter and calculator

MAG/PHP: 1 MAG = 0.00 PHP. The price of converting 1 Magnate Finance (MAG) to Philippine Peso (PHP) is 0.00 PHP today.
MAG
MAG
PHP
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAG to PHP real-time exchange rates, making it easy to convert Magnate Finance (MAG) to Philippine Peso (PHP). The conversion result is based on real-time data. The conversion result shows that 1 MAG is currently valued at 0 PHP. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAG is currently valued at 0 PHP, which means buying 5 MAG would cost 0 PHP. Similarly, ₱1 PHP can be converted to Infinity MAG, and ₱50 PHP can be converted to Infinity MAG, excluding any platform or gas fees.

Convert MAG to PHP

Convert PHP to MAG

Magnate Finance
Philippine Peso
In the table above, you'll find a comprehensive MAG to PHP converter that shows the value of Magnate Finance in Philippine Peso across commonly used conversion amounts. The list covers conversions from 1 MAG to PHP, all the way up to 10000 MAG, providing a clear view of their respective values.
Philippine Peso
Magnate Finance
100000 PHP
Infinity MAG
In the table above, you'll find a comprehensive PHP to MAG converter that shows the value of Philippine Peso in Magnate Finance across commonly used conversion amounts. The list covers conversions from 1 PHP to MAG, all the way up to 100000 PHP, providing a clear view of their respective values.

MAG to PHP chart

MAG/PHP: 1 MAG = 0 PHP; 2025/04/29 17:43:30
In the past 1D, Magnate Finance has changed +4.31% to PHP. Based on the trend and price charts, Magnate Finance(MAG) has changed +4.31% to PHP while Philippine Peso(PHP) has changed % to MAG in the last 24 hours.
1D7D1M3M1YAll

MAG to PHP conversion data: Volatility and price changes of Magnate Finance in PHP

The highest Magnate Finance price in PHP over the past 7 days was 0.002593 PHP while the lowest Magnate Finance price in PHP over the past 7 days was 0.002486 PHP. The relative change between the highs and lows in Magnate Finance price in PHP over the last 7 days indicates a volatility of %. You can view additional volatility data and MAG to PHP 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
0.002593 PHP
0.002593 PHP
0.003464 PHP
0.004708 PHP
Low
0.002593 PHP
0.002486 PHP
0.002337 PHP
0.002337 PHP
Average
0 PHP
0 PHP
0 PHP
0 PHP
Volatility
%
%
%
%
Change
+4.31%
+9.26%
-25.14%
-39.84%

Magnate Finance information

MAG to PHP market statistics

MAG/PHP:
--
MAG 24h volume:
--
MAG market cap:
--
MAG circulating supply:
0 MAG

Current MAG to PHP exchange rate

Magnate Finance to Philippine Peso is rising this week.
Magnate Finance's current market price is ₱0 per MAG, with a total market cap of ₱0 PHP based on a circulating supply of -- MAG. The trading volume of Magnate Finance has changed by 0.00% (₱0 PHP) in the last 24 hours. Last trading day, MAG's trading volume was ₱0.

More info about Magnate Finance on Bitget

Philippine Peso information

About the Philippine Peso (PHP)

What Is the Philippine Peso (PHP)?

The Philippine Peso, denoted as PHP (₱), is the official currency of the Philippines. It's subdivided into 100 centavos or sentimos in Filipino. The currency symbol is ₱, and it's also commonly abbreviated as "PHP," "PhP," "Php," or simply "P." The Philippine Peso is the sole legal tender in the Philippines, and it is used for all transactions within the country.

The Philippine Peso is issued by the Bangko Sentral ng Pilipinas (BSP), which is the central bank of the Philippines. Established on July 3, 1993, the BSP is responsible for maintaining price stability, ensuring the liquidity and solvency of the financial system, and promoting a balanced and sustainable economic growth in the country.

What Is the History of PHP?

The origins of the Philippine Peso trace back to the Spanish Peso or pieces of eight, introduced in the Philippines via the Manila galleons from the 16th to the 19th century. The pre-colonial Philippines engaged in barter trade, but the inconvenience led to the use of gold, which was abundant in the islands, as a medium of exchange. The earliest known local currency was the "Piloncitos" and gold barter rings.

During the Spanish Colonial period, the Spanish Dollar or silver peso was introduced. The Philippines also minted its own coins, such as the crude copper or bronze coins called "cuartos" or "barrillas." The Spanish gold onza and silver peso established a bimetallic standard, with the peso being worth either the silver Mexican peso or 1/16th of the gold onza.

Post-independence, the Philippines saw various currency reforms, including the introduction of the Central Bank of the Philippines in 1949 and the shift to a free-floating currency system with the New Central Bank Act of 1993.

Notes and Coins of PHP

Today, the Philippine Peso is available in both coins and banknotes. Coins come in denominations of 1, 5, 10, and 25 centavos, and 1, 5, 10, and 20 pesos. Banknotes are issued in 20, 50, 100, 200, 500, and 1,000 pesos. The latest banknote designs feature prominent Filipinos and iconic natural wonders. The BSP produces the country's banknotes and coins at its Security Plant Complex, which is located in Quezon City.

Exchange Rate and Economic Implications

The PHP has experienced fluctuations in its exchange rate, particularly against the US dollar (USD). Historically, it has ranged from below 48 PHP to over 56 PHP per USD. The exchange rate is influenced by various factors, including the Philippines' economic performance, trade balances, and global economic conditions.

Is the Philippine Peso Pegged to the US Dollar?

The Philippine Peso (PHP) currently operates under a floating exchange rate system and is not pegged to the US Dollar (USD). Historically, the PHP was pegged to the USD during the American colonial era and the post-World War II period. However, this changed following significant economic reforms, particularly after the enactment of the New Central Bank Act of 1993, which established the Bangko Sentral ng Pilipinas (BSP). Under the floating exchange rate regime, the value of the PHP is determined by market forces, including factors such as economic performance, inflation, and trade balances. While the BSP may intervene to manage excessive volatility in the currency market, it does not maintain a fixed exchange rate against the USD.

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

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MAG to PHP Conversion tables

The exchange rate of Magnate Finance is decreasing.
The exchange rate of 1 MAG to Philippine Peso has changed by +9.26% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.31%, reaching a high of 0.002593 PHP and a low of 0.002593 PHP . One month ago, the value of 1 MAG was ₱0.0008707 PHP , which represents a -25.14% change from its current value. Over the last year, Magnate Finance has changed by
-
0.002425PHP
, resulting in a change of -48.33% in its value.
24 hours ago1 month ago1 year ago
Amount17:43 today24 hours ago24h change
0.5 MAG₱0₱-0.{4}5354
+4.31%
1 MAG₱0₱-0.0001071
+4.31%
5 MAG₱0₱-0.0005354
+4.31%
10 MAG₱0₱-0.001071
+4.31%
50 MAG₱0₱-0.005354
+4.31%
100 MAG₱0₱-0.01071
+4.31%
500 MAG₱0₱-0.05354
+4.31%
1000 MAG₱0₱-0.1071
+4.31%

MAG to PHP FAQ

How much is 1 Magnate Finance in PHP?
Right now, the price of 1 Magnate Finance (MAG) in Philippine Peso (PHP) is ₱0.
How much MAG can I buy for 1 PHP?
Based on the current exchange rate, you can get Infinity MAG for 1 PHP.
How do I calculate or convert MAG to PHP?
You can use our MAG to PHP calculator at the top of this page to convert any amount of MAG to PHP. We've also included quick-reference tables for the most popular conversions. For example, 5 PHP is equivalent to Infinity MAG, while 5 MAG will cost around 0.00PHP.
What is the highest price of MAG/PHP in history?
The all-time high price of 1 MAG in PHP is ₱4,486.91. It remains to be seen if the value of 1 MAG/PHP will exceed the current all-time high.
What is the price trend of Magnate Finance in PHP?
Over the past 7 days, the exchange rate of Magnate Finance (MAG) has gone up by 9.26%.   Over the last month, the exchange rate of Magnate Finance (MAG) has gone down by 25.14% against Philippine Peso (PHP).

What factors influence the conversion rate of MAG to PHP?

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

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