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MAG to IQD Converter and calculator

MAG/IQD: 1 MAG = 0.00 IQD. The price of converting 1 Magnum Trading (old) (MAG) to Iraqi dinar (IQD) is 0.00 IQD today.
MAG
MAG
IQD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAG to IQD real-time exchange rates, making it easy to convert Magnum Trading (old) (MAG) to Iraqi dinar (IQD). The conversion result is based on real-time data. The conversion result shows that 1 MAG is currently valued at 0 IQD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAG is currently valued at 0 IQD, which means buying 5 MAG would cost 0 IQD. Similarly, ع.د1 IQD can be converted to Infinity MAG, and ع.د50 IQD can be converted to Infinity MAG, excluding any platform or gas fees.

Convert MAG to IQD

Convert IQD to MAG

Magnum Trading (old)
Iraqi dinar
In the table above, you'll find a comprehensive MAG to IQD converter that shows the value of Magnum Trading (old) in Iraqi dinar across commonly used conversion amounts. The list covers conversions from 1 MAG to IQD, all the way up to 10000 MAG, providing a clear view of their respective values.
Iraqi dinar
Magnum Trading (old)
100000 IQD
Infinity MAG
In the table above, you'll find a comprehensive IQD to MAG converter that shows the value of Iraqi dinar in Magnum Trading (old) across commonly used conversion amounts. The list covers conversions from 1 IQD to MAG, all the way up to 100000 IQD, providing a clear view of their respective values.

MAG to IQD chart

MAG/IQD: 1 MAG = 0 IQD; 2025/04/30 03:27:13
In the past 1D, Magnum Trading (old) has changed -14.09% to IQD. Based on the trend and price charts, Magnum Trading (old)(MAG) has changed -14.09% to IQD while Iraqi dinar(IQD) has changed % to MAG in the last 24 hours.
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MAG to IQD conversion data: Volatility and price changes of Magnum Trading (old) in IQD

The highest Magnum Trading (old) price in IQD over the past 7 days was 44.8 IQD while the lowest Magnum Trading (old) price in IQD over the past 7 days was 12.97 IQD. The relative change between the highs and lows in Magnum Trading (old) price in IQD over the last 7 days indicates a volatility of %. You can view additional volatility data and MAG to IQD 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
12.97 IQD
44.8 IQD
56.4 IQD
125.78 IQD
Low
12.97 IQD
12.97 IQD
12.97 IQD
12.97 IQD
Average
0 IQD
0 IQD
0 IQD
0 IQD
Volatility
%
%
%
%
Change
-14.09%
-70.88%
-69.18%
-88.51%

Magnum Trading (old) information

MAG to IQD market statistics

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

Current MAG to IQD exchange rate

Magnum Trading (old) to Iraqi dinar is falling this week.
Magnum Trading (old)'s current market price is ع.د0 per MAG, with a total market cap of ع.د0 IQD based on a circulating supply of -- MAG. The trading volume of Magnum Trading (old) has changed by 0.00% (ع.د0 IQD) in the last 24 hours. Last trading day, MAG's trading volume was ع.د0.

More info about Magnum Trading (old) on Bitget

Iraqi dinar information

About Iraqi Dinar (IQD)

The Iraqi Dinar (IQD), the official currency of Iraq, is a significant symbol of the nation's economic and political history. It is commonly abbreviated as IQD and represented by the symbol ع.د. Introduced in 1932, replacing the Indian Rupee, the Dinar has been a witness to Iraqs rich cultural heritage, vast economic changes, and periods of conflict and reconstruction.

Historical Background

The Iraqi Dinar was established when Iraq was a British mandate following World War I. The decision to replace the Indian Rupee with the Dinar was part of Iraq’s initial steps towards establishing a sovereign state. The currency has since undergone several transformations, reflecting the country’s turbulent history, including coups, wars, and economic sanctions.

Design and Symbolism

The design of the Iraqi Dinar reflects the country's rich history and diverse culture. Banknotes feature important historical figures, such as King Faisal I, and landmarks that symbolize Iraq’s ancient civilization, like the Great Mosque of Samarra. The notes also showcase Iraq’s natural beauty, including rivers and palm trees, representing the country’s agricultural heritage.

Economic Role

The Dinar is central to Iraq’s economy, driven primarily by oil exports. It facilitates all economic activities within the country, from government spending to local trade. The stability of the Dinar is crucial for economic growth, affecting everything from foreign investment to the purchasing power of ordinary Iraqis.

Monetary Policy and Inflation

Managed by the Central Bank of Iraq, the Dinar’s value has been subject to fluctuations due to political instability, economic sanctions, and fluctuating oil prices. The bank’s policies aim to stabilize the currency, control inflation, and foster a climate conducive to economic recovery and growth.

The Dinar in International Trade

Given Iraq’s status as a major oil exporter, the Dinar plays a significant role in international trade within the energy sector. The currency’s exchange rate against global currencies impacts Iraq’s trade balance and overall economic stability.

Sanctions and the Dinar

Economic sanctions have historically impacted the Dinar’s value and Iraq’s economy. The lifting of sanctions and subsequent economic reforms play a crucial role in the Dinar’s recovery and the nation’s reintegration into the global economy.

Bitget crypto-to-fiat exchange data shows that the most popular Magnum Trading (old) currency pair is the MAG to IQD, 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 IQD.

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How to convert MAG to IQD

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Bitget P2P trading does not currently support direct buying of MAG with IQD. However, you can buy USDT in Bitget P2P trading first, and then buy MAG with USDT via Bitget spot market.
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MAG to IQD Conversion tables

The exchange rate of Magnum Trading (old) is decreasing.
The exchange rate of 1 MAG to Iraqi dinar 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 12.97 IQD and a low of 12.97 IQD . One month ago, the value of 1 MAG was ع.د29.11 IQD , which represents a -69.18% change from its current value. Over the last year, Magnum Trading (old) has changed by
-ع.د
687.61IQD
, resulting in a change of -98.15% in its value.
24 hours ago1 month ago1 year ago
Amount03:27 am today24 hours ago24h change
0.5 MAGع.د0ع.د0
-14.09%
1 MAGع.د0ع.د0
-14.09%
5 MAGع.د0ع.د0
-14.09%
10 MAGع.د0ع.د0
-14.09%
50 MAGع.د0ع.د0
-14.09%
100 MAGع.د0ع.د0
-14.09%
500 MAGع.د0ع.د0
-14.09%
1000 MAGع.د0ع.د0
-14.09%

MAG to IQD FAQ

How much is 1 Magnum Trading (old) in IQD?
Right now, the price of 1 Magnum Trading (old) (MAG) in Iraqi dinar (IQD) is ع.د0.
How much MAG can I buy for 1 IQD?
Based on the current exchange rate, you can get Infinity MAG for 1 IQD.
How do I calculate or convert MAG to IQD?
You can use our MAG to IQD calculator at the top of this page to convert any amount of MAG to IQD. We've also included quick-reference tables for the most popular conversions. For example, 5 IQD is equivalent to Infinity MAG, while 5 MAG will cost around 0.00IQD.
What is the highest price of MAG/IQD in history?
The all-time high price of 1 MAG in IQD is ع.د1,986,401.36. It remains to be seen if the value of 1 MAG/IQD will exceed the current all-time high.
What is the price trend of Magnum Trading (old) in IQD?
Over the past 7 days, the exchange rate of Magnum Trading (old) (MAG) has gone down by 70.88%.   Over the last month, the exchange rate of Magnum Trading (old) (MAG) has gone down by 69.18% against Iraqi dinar (IQD).

What factors influence the conversion rate of MAG to IQD?

There are many factors that affect the relationship between Magnum Trading (old) and Iraqi dinar, 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/IQD. 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/IQD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAG/IQD.
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/IQD. 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.

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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.