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MGP to ILS Converter and calculator

MGP/ILS: 1 MGP = 0.1016 ILS. The price of converting 1 Magpie (MGP) to Israeli New Shekel (ILS) is 0.1016 ILS today.
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MGP
ILS
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MGP to ILS real-time exchange rates, making it easy to convert Magpie (MGP) to Israeli New Shekel (ILS). The conversion result is based on real-time data. The conversion result shows that 1 MGP is currently valued at 0.10 ILS. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MGP is currently valued at 0.10 ILS, which means buying 5 MGP would cost 0.51 ILS. Similarly, ₪1 ILS can be converted to 9.84 MGP, and ₪50 ILS can be converted to 49.22 MGP, excluding any platform or gas fees.

Convert MGP to ILS

Convert ILS to MGP

Magpie
Israeli New Shekel
10000 MGP
1,015.89  ILS
In the table above, you'll find a comprehensive MGP to ILS converter that shows the value of Magpie in Israeli New Shekel across commonly used conversion amounts. The list covers conversions from 1 MGP to ILS, all the way up to 10000 MGP, providing a clear view of their respective values.
Israeli New Shekel
Magpie
10000 ILS
98,435.59 MGP
50000 ILS
492,177.95 MGP
100000 ILS
984,355.9 MGP
In the table above, you'll find a comprehensive ILS to MGP converter that shows the value of Israeli New Shekel in Magpie across commonly used conversion amounts. The list covers conversions from 1 ILS to MGP, all the way up to 100000 ILS, providing a clear view of their respective values.

MGP to ILS chart

MGP/ILS: 1 MGP = 0.1016 ILS; 2025/04/30 09:16:02
In the past 1D, Magpie has changed -1.50% to ILS. Based on the trend and price charts, Magpie(MGP) has changed -1.50% to ILS while Israeli New Shekel(ILS) has changed % to MGP in the last 24 hours.
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MGP to ILS conversion data: Volatility and price changes of Magpie in ILS

The highest Magpie price in ILS over the past 7 days was 0.1190 ILS while the lowest Magpie price in ILS over the past 7 days was 0.1003 ILS. The relative change between the highs and lows in Magpie price in ILS over the last 7 days indicates a volatility of %. You can view additional volatility data and MGP to ILS 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
0.1043 ILS
0.1190 ILS
0.1517 ILS
0.3242 ILS
Low
0.1003 ILS
0.1003 ILS
0.07556 ILS
0.07556 ILS
Average
0 ILS
0 ILS
0 ILS
0 ILS
Volatility
%
%
%
%
Change
-1.50%
-8.32%
-23.40%
-68.05%

Magpie information

MGP to ILS market statistics

MGP/ILS:
₪0.1016
MGP 24h volume:
₪284,264.1
MGP market cap:
₪46,436,777.8
MGP circulating supply:
457.10M MGP

Current MGP to ILS exchange rate

Magpie to Israeli New Shekel is falling this week.
Magpie's current market price is ₪0.1016 per MGP, with a total market cap of ₪46,436,777.8 ILS based on a circulating supply of 457,103,140 MGP. The trading volume of Magpie has changed by -46.95% (₪-251,587.84 ILS) in the last 24 hours. Last trading day, MGP's trading volume was ₪535,851.94.

More info about Magpie on Bitget

Israeli New Shekel information

About the Israeli New Shekel (ILS)

What Is the Israeli New Shekel (ILS)?

The Israeli New Shekel (ILS), symbolized as ₪ and sometimes abbreviated as NIS, is the official currency of Israel. ILS is the international three-letter abbreviation for this currency, which has been in use since 1986. The new shekel replaced the hyper-inflated original shekel at a ratio of 1000 to 1. At the time of its introduction, it was identified by the abbreviation NIS to distinguish it from the old shekel. The Israeli New Shekel is subdivided into 100 agorot and is also used in the Palestinian territories of the West Bank and the Gaza Strip.

The Israeli New Shekel is issued by the Bank of Israel, which is the central bank of Israel. The Bank of Israel is responsible for the design, production, and distribution of the nation's currency, as well as for implementing monetary policy, maintaining financial stability, and managing foreign exchange reserves. The bank's role in issuing currency includes ensuring the security and integrity of the Israeli New Shekel, both in terms of coins and banknotes.

What Is the History of ILS?

The term "shekel" has ancient roots, originating from a Biblical currency and unit of weight. The modern Israeli currency system evolved through various stages, starting with the Palestine pound issued by the Anglo-Palestine Bank up to 1952. This was replaced by the Israeli pound (lira yisraelit) in 1952, which was in turn replaced by the shekel in 1980. Due to hyperinflation, the old shekel was replaced by the new shekel in 1986.

Notes and Coins of ILS

The Israeli New Shekel (ILS) features a diverse array of coins and banknotes that are not only integral to daily transactions but also reflect the country's rich cultural heritage. The coin denominations include 5 and 10 agorot, and ½, 1, 2, 5, and 10 new shekels. The Bank of Israel introduced a new series of coins with updated inscriptions in 2022. The banknotes, in denominations of 20, 50, 100, and 200 new shekels. The banknotes incorporate advanced security features and are printed by Orell Füssli Security Printing in Switzerland.

Economic Stability and Exchange Rates

Since the 1980s economic crisis, Israel has adopted conservative fiscal and monetary policies, leading to a more stable economy and currency. The new shekel has been a freely convertible currency since 2003 and is traded on global markets. Over the years, the shekel has strengthened against major currencies like the US dollar, reflecting Israel's growing economic stability.

The new shekel's value has fluctuated over time against various currencies. Its exchange rate against major currencies like the US dollar, euro, and pound sterling has been influenced by global economic trends and Israel's economic policies.

Is ILS a Strong Currency?

The Israeli New Shekel is recognized as one of the world's strongest currencies, a status supported by Israel's stable economy, low inflation, and substantial foreign exchange reserves. Ranking 12th globally in foreign investment, with significant growth in recent years, the shekel benefits from Israel's robust economic performance and investor confidence. The thriving technology sector and strategic global trade position further reinforce its strength. As a free-floating fiat currency, the shekel's value, notably strong against the US dollar, reflects market trust. Despite potential sensitivities to regional geopolitics and internal political shifts, the shekel's resilience, especially during global economic downturns, indicates a promising outlook for Israel's economy and its currency.

What Is the Difference Between Israeli New Shekel and Israeli Old Shekel?

The transition from the Israeli Old Shekel to the Israeli New Shekel marked a significant shift in Israel's monetary history, primarily driven by the need to combat hyperinflation and stabilize the economy. The Old Shekel, in circulation from 1980 to 1985, suffered from severe devaluation and economic instability, leading to its replacement in 1986 by the New Shekel at a ratio of 1000:1. This change was a crucial part of Israel's broader economic stabilization plan, which included adopting more conservative fiscal and monetary policies. The introduction of the New Shekel not only curbed the rampant inflation but also restored confidence in the national currency. It brought with it new banknotes and coins featuring updated designs and enhanced security features, reflecting both the cultural aspects of the time and the need for a more robust and stable monetary system.

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.

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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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MGP to ILS Conversion tables

The exchange rate of Magpie is decreasing.
The exchange rate of 1 MGP to Israeli New Shekel has changed by -8.32% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.50%, reaching a high of 0.1043 ILS and a low of 0.1003 ILS . One month ago, the value of 1 MGP was ₪0.1326 ILS , which represents a -23.40% change from its current value. Over the last year, Magpie has changed by
-
0.2239ILS
, resulting in a change of -68.79% in its value.
24 hours ago1 month ago1 year ago
Amount09:16 am today24 hours ago24h change
0.5 MGP₪0.05079₪0.05157
-1.50%
1 MGP₪0.1016₪0.1031
-1.50%
5 MGP₪0.5079₪0.5157
-1.50%
10 MGP₪1.02₪1.03
-1.50%
50 MGP₪5.08₪5.16
-1.50%
100 MGP₪10.16₪10.31
-1.50%
500 MGP₪50.79₪51.57
-1.50%
1000 MGP₪101.59₪103.14
-1.50%

MGP to ILS FAQ

How much is 1 Magpie in ILS?
Right now, the price of 1 Magpie (MGP) in Israeli New Shekel (ILS) is ₪0.1016.
How much MGP can I buy for 1 ILS?
Based on the current exchange rate, you can get 9.84 MGP for 1 ILS.
How do I calculate or convert MGP to ILS?
You can use our MGP to ILS calculator at the top of this page to convert any amount of MGP to ILS. We've also included quick-reference tables for the most popular conversions. For example, 5 ILS is equivalent to 49.22 MGP, while 5 MGP will cost around 0.5079ILS.
What is the highest price of MGP/ILS in history?
The all-time high price of 1 MGP in ILS is ₪0.7673. It remains to be seen if the value of 1 MGP/ILS will exceed the current all-time high.
What is the price trend of Magpie in ILS?
Over the past 7 days, the exchange rate of Magpie (MGP) has gone down by 8.32%.   Over the last month, the exchange rate of Magpie (MGP) has gone down by 23.40% against Israeli New Shekel (ILS).

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.
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.

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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.