Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.98%
BTC/USDT$83060.21 (-0.86%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (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 market share61.98%
BTC/USDT$83060.21 (-0.86%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (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 market share61.98%
BTC/USDT$83060.21 (-0.86%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
MAG
BRL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Magnum Trading (old)(MAG) to Brazilian Real(BRL). This is the real-time data. The current conversion shows 1 MAG at a value of 1 MAG for 0 BRL . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
BRL information
About the Brazilian Real (BRL)
What Is the Brazilian Real (BRL)?
The Brazilian Real (BRL), symbolized as R$ and denoted by the ISO code BRL, is the official currency of Brazil. The term "real" in Portuguese means both "royal" and "real." The Brazilian Real is the sole legal tender in Brazil, used across this vast country, which is the largest in both South America and the Latin American region. It facilitates all forms of financial transactions within the nation, from everyday purchases to large-scale business dealings.
The Brazilian Real is issued and regulated by the Central Bank of Brazil (Banco Central do Brasil), which is the primary monetary authority in the country. Established on December 31, 1964, the Central Bank is responsible for ensuring the stability of the currency's purchasing power and the soundness of the national financial system.
What Is the History of BRL?
The modern Brazilian Real was introduced on July 1, 1994, during the presidency of Itamar Franco. This was part of the Plano Real, a substantial plan to stabilize the Brazilian economy. The currency replaced the cruzeiro real at a rate of 1 real = 2,750 cruzeiro real. Initially, the real was pegged to the U.S. dollar, which helped stabilize its value. However, in 1999, following the Russian debt default and ensuing global financial crisis, Brazil was forced to partially float the real against the U.S. dollar.
Notes and Coins of BRL
Brazilian coins are minted in denominations of 5, 10, 25, 50 centavos, and 1 Real. The banknotes, issued by the Central Bank of Brazil, come in denominations of 2, 5, 10, 20, 50, 100, and 200 Reals. These notes feature various security enhancements and are designed to aid the visually impaired.
Brazil has issued several commemorative coins and banknotes, including a 10 Real note for the 500th anniversary of Portuguese arrival and a 1 Real coin for the 2016 Summer Olympics.
What Is the Relationship Between BRL and USD?
The relationship between the Brazilian Real (BRL) and the United States Dollar (USD) is a significant aspect of international finance, particularly in the context of exchange rates and trade. Initially, upon its introduction in 1994, the Real was pegged to the U.S. dollar, establishing a fixed exchange rate to stabilize Brazil's then-volatile economy. This peg was part of Brazil's broader strategy to control hyperinflation and foster economic stability.
However, in 1999, Brazil shifted to a floating exchange rate system due to external economic pressures, notably the Russian debt crisis. Since then, the Real's value against the Dollar has been subject to market forces, including Brazil's economic performance, inflation rates, political stability, and global financial market trends. The USD/BRL exchange rate is a crucial indicator for both countries, influencing trade balances, investment flows, and economic policies.
Bitget crypto-to-fiat exchange data shows that the most popular Magnum Trading (old) currency pair is the MAG to BRL, with for Magnum Trading (old)'s currency code being MAG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BRL.
MAG to BRL conversion rate trend
1D7D1M3M1YAll
In the past 1D, Magnum Trading (old) has changed -14.09% to BRL. Based on the trend and price charts, Magnum Trading (old)(MAG) has changed -14.09% to BRL while Brazilian Real(BRL) has changed % to MAG in the last 24 hours.
MAG to BRL market statistics
MAG/BRL:
--
MAG 24h volume:
--
MAG market cap:
--
MAG circulating supply:
0 MAG
More info about Magnum Trading (old) on Bitget
Current MAG to BRL exchange rate
Magnum Trading (old) to Brazilian Real is falling this week.Magnum Trading (old)'s current market price is R$ 0 per MAG, with a total market cap of R$ 0 BRL based on a circulating supply of -- MAG. The trading volume of Magnum Trading (old) has changed by 0.00% (R$ 0 BRL) in the last 24 hours. Last trading day, MAG's trading volume was R$ 0.
MAG to BRL Conversion tables
The exchange rate of Magnum Trading (old) is decreasing.1 MAG is currently valued at R$ 0 BRL , which means buying 5 MAG will cost R$ 0 BRL . Similarly, R$1 BRL can be traded for Infinity MAG, and R$50 BRL can be converted to Infinity MAG, excluding any platform or gas fees.
The exchange rate of 1 MAG to Brazilian Real has changed by -70.88% in the last 7 days. In the last 24 hours, the rate has fluctuated by -14.09%, reaching a high of 0.05811 BRL and a low of 0.05811 BRL . One month ago, the value of 1 MAG was R$ 0.1304 BRL , which represents a -69.18% change from its current value. Over the last year, Magnum Trading (old) has changed by , resulting in a change of -98.15% in its value.
-R$
3.08BRLMAG to BRL
Amount
20:29 today
0.5 MAG
R$0
1 MAG
R$0
5 MAG
R$0
10 MAG
R$0
50 MAG
R$0
100 MAG
R$0
500 MAG
R$0
1000 MAG
R$0
BRL to MAG
Amount20:29 today
0.5BRLInfinity MAG
1BRLInfinity MAG
5BRLInfinity MAG
10BRLInfinity MAG
50BRLInfinity MAG
100BRLInfinity MAG
500BRLInfinity MAG
1000BRLInfinity MAG
MAG to BRL Today vs. 24 hours ago
| Amount | 20:29 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MAG | R$0 | R$0 | -14.09% |
| 1 MAG | R$0 | R$0 | -14.09% |
| 5 MAG | R$0 | R$0 | -14.09% |
| 10 MAG | R$0 | R$0 | -14.09% |
| 50 MAG | R$0 | R$0 | -14.09% |
| 100 MAG | R$0 | R$0 | -14.09% |
| 500 MAG | R$0 | R$0 | -14.09% |
| 1000 MAG | R$0 | R$0 | -14.09% |
MAG to BRL Today vs. 1 month ago
| Amount | 20:29 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MAG | R$0 | R$0.06520 | -69.18% |
| 1 MAG | R$0 | R$0.1304 | -69.18% |
| 5 MAG | R$0 | R$0.6520 | -69.18% |
| 10 MAG | R$0 | R$1.3 | -69.18% |
| 50 MAG | R$0 | R$6.52 | -69.18% |
| 100 MAG | R$0 | R$13.04 | -69.18% |
| 500 MAG | R$0 | R$65.2 | -69.18% |
| 1000 MAG | R$0 | R$130.4 | -69.18% |
MAG to BRL Today vs. 1 year ago
| Amount | 20:29 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MAG | R$0 | R$1.54 | -98.15% |
| 1 MAG | R$0 | R$3.08 | -98.15% |
| 5 MAG | R$0 | R$15.4 | -98.15% |
| 10 MAG | R$0 | R$30.8 | -98.15% |
| 50 MAG | R$0 | R$154.01 | -98.15% |
| 100 MAG | R$0 | R$308.02 | -98.15% |
| 500 MAG | R$0 | R$1,540.09 | -98.15% |
| 1000 MAG | R$0 | R$3,080.18 | -98.15% |
How to convert MAG to BRL
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.
Convert MAG to BRL
Use a variety of payment options to buy Magnum Trading (old) on Bitget. We'll show you how.
Buy MAG (or USDT) for BRL (Brazilian Real) offers
Bitget P2P trading does not currently support direct buying of MAG with BRL. However, you can buy USDT in Bitget P2P trading first, and then buy MAG with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell MAG (or USDT) for BRL (Brazilian Real) offers
Bitget P2P trading currently does not support direct selling of MAG to BRL. However, you can first exchange MAG 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 |
|---|
No matching ads found.
What factors influence the conversion rate of MAG to BRL?
There are many factors that affect the relationship between Magnum Trading (old) and Brazilian Real, 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/BRL. 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/BRL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAG/BRL.
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 MAG/BRL. 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 Magnum Trading (old) and adjust their investment strategies accordingly in the evolving market.
Magnum Trading (old) price prediction
What will the price of MAG be in 2026?
Based on MAG's historical price performance prediction model, the price of MAG is projected to reach $0.01375 in 2026.
What will the price of MAG be in 2031?
In 2031, the MAG price is expected to change by +29.00%. By the end of 2031, the MAG price is projected to reach $0.04194, with a cumulative ROI of +4.19%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular Magnum Trading (old) Converter
Check out these popular currency conversions of Magnum Trading (old) to several fiat currencies.
Popular cryptocurrencies to BRL
Explore other cryptocurrencies based on your interest in Magnum Trading (old).
PI to BRL
1 PI to R$ 3.32 BRL
FIL to BRL
1 FIL to R$ 15.71 BRL
ATOM to BRL
1 ATOM to R$ 28.38 BRL
USUAL to BRL
1 USUAL to R$ 0.6934 BRL
BTC to BRL
1 BTC to R$ 484,699.19 BRL
CRTS to BRL
1 CRTS to R$ 0.002421 BRL
ZRO to BRL
1 ZRO to R$ 17.45 BRL
VIDT to BRL
1 VIDT to R$ 0.1390 BRL
AMP to BRL
1 AMP to R$ 0.02106 BRL
BERA to BRL
1 BERA to R$ 32.57 BRL
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 Magnum Trading (old) and BRL.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Magnum Trading (old) and BRL. 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 Magnum Trading (old) in BRL, 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.
