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MGP to KZT Converter and calculator

MGP/KZT: 1 MGP = 14.23 KZT. The price of converting 1 Magpie (MGP) to Kazakhstani Tenge (KZT) is 14.23 KZT today.
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MGP
KZT
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MGP to KZT real-time exchange rates, making it easy to convert Magpie (MGP) to Kazakhstani Tenge (KZT). The conversion result is based on real-time data. The conversion result shows that 1 MGP is currently valued at 14.23 KZT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MGP is currently valued at 14.23 KZT, which means buying 5 MGP would cost 71.16 KZT. Similarly, ₸1 KZT can be converted to 0.07026 MGP, and ₸50 KZT can be converted to 0.3513 MGP, excluding any platform or gas fees.

Convert MGP to KZT

Convert KZT to MGP

Magpie
Kazakhstani Tenge
100 MGP
1,423.19  KZT
200 MGP
2,846.38  KZT
500 MGP
7,115.96  KZT
1000 MGP
14,231.91  KZT
5000 MGP
71,159.57  KZT
10000 MGP
142,319.13  KZT
In the table above, you'll find a comprehensive MGP to KZT converter that shows the value of Magpie in Kazakhstani Tenge across commonly used conversion amounts. The list covers conversions from 1 MGP to KZT, all the way up to 10000 MGP, providing a clear view of their respective values.
Kazakhstani Tenge
Magpie
100000 KZT
7,026.46 MGP
In the table above, you'll find a comprehensive KZT to MGP converter that shows the value of Kazakhstani Tenge in Magpie across commonly used conversion amounts. The list covers conversions from 1 KZT to MGP, all the way up to 100000 KZT, providing a clear view of their respective values.

MGP to KZT chart

MGP/KZT: 1 MGP = 14.23 KZT; 2025/04/30 16:49:20
In the past 1D, Magpie has changed -0.13% to KZT. Based on the trend and price charts, Magpie(MGP) has changed -0.13% to KZT while Kazakhstani Tenge(KZT) has changed % to MGP in the last 24 hours.
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MGP to KZT conversion data: Volatility and price changes of Magpie in KZT

The highest Magpie price in KZT over the past 7 days was 16.71 KZT while the lowest Magpie price in KZT over the past 7 days was 14.09 KZT. The relative change between the highs and lows in Magpie price in KZT over the last 7 days indicates a volatility of %. You can view additional volatility data and MGP to KZT 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
14.44 KZT
16.71 KZT
21.31 KZT
45.53 KZT
Low
14.09 KZT
14.09 KZT
10.61 KZT
10.61 KZT
Average
0 KZT
0 KZT
0 KZT
0 KZT
Volatility
%
%
%
%
Change
-0.13%
-11.29%
-24.76%
-68.00%

Magpie information

MGP to KZT market statistics

MGP/KZT:
₸14.23
MGP 24h volume:
₸58,190,743.23
MGP market cap:
₸6,505,452,367.99
MGP circulating supply:
457.10M MGP

Current MGP to KZT exchange rate

Magpie to Kazakhstani Tenge is falling this week.
Magpie's current market price is ₸14.23 per MGP, with a total market cap of ₸6,505,452,367.99 KZT based on a circulating supply of 457,103,140 MGP. The trading volume of Magpie has changed by -27.01% (₸-21,534,944.76 KZT) in the last 24 hours. Last trading day, MGP's trading volume was ₸79,725,687.99.

More info about Magpie on Bitget

Kazakhstani Tenge information

About Kazakhstani Tenge (KZT)

The Kazakhstani Tenge (KZT), introduced in 1993, is a significant symbol of Kazakhstan's national identity and economic independence. It is commonly abbreviated as KZT and represented by the symbol ₸. Emerging after the dissolution of the Soviet Union, the Tenge marked a pivotal transition from a centrally planned economy to a market-oriented one.

Historical Background

The introduction of the Tenge was a crucial moment in post-Soviet Kazakhstan, signifying a break from the Russian Ruble and the commencement of a distinct monetary policy. It symbolized a new era of self-determination and was a crucial step in building the newly independent nation's economy.

Design and Symbolism

The design of the Kazakhstani Tenge is a rich tapestry of the country's history, culture, and aspirations. Banknotes and coins feature images of significant historical figures, like the poet Abai Kunanbaiuly and philosopher Al-Farabi, alongside landmarks and symbols representing Kazakhstan’s vast landscapes and cultural heritage. These designs not only facilitate transactions but also serve as a source of national pride and identity.

Economic Role

The Tenge plays a critical role in Kazakhstan’s economy, characterized by its vast natural resources, including oil, gas, and minerals. As the primary medium of exchange, it supports various sectors of the economy, facilitating trade, investment, and the daily financial transactions of individuals and businesses.

Monetary Policy and Inflation

Managed by the National Bank of Kazakhstan, the Tenge has faced challenges such as inflation and currency devaluation, particularly during periods of global economic instability. The central bank’s monetary policies focus on stabilizing the Tenge, which is crucial for maintaining economic confidence and fostering sustainable growth.

International Trade and the Kazakhstani Tenge

The Tenge’s exchange rate is an important factor in international trade, particularly for Kazakhstan's key exports in the energy and mining sectors. A stable Tenge is vital for maintaining competitive export prices and attracting foreign investment.

Remittances and the Economy

Remittances from Kazakh citizens working abroad, particularly in Russia and Europe, are a notable source of foreign income. These remittances, converted into Tenge, play a significant role in supporting households and contributing to the national economy.

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

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How to convert MGP to KZT

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MGP to KZT
1 MGP to ₸14.23 KZT
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MGP to KZT Conversion tables

The exchange rate of Magpie is decreasing.
The exchange rate of 1 MGP to Kazakhstani Tenge has changed by -11.29% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.13%, reaching a high of 14.44 KZT and a low of 14.09 KZT . One month ago, the value of 1 MGP was ₸18.92 KZT , which represents a -24.76% change from its current value. Over the last year, Magpie has changed by
-
28.19KZT
, resulting in a change of -66.45% in its value.
24 hours ago1 month ago1 year ago
Amount16:49 today24 hours ago24h change
0.5 MGP₸7.12₸7.12
-0.13%
1 MGP₸14.23₸14.25
-0.13%
5 MGP₸71.16₸71.25
-0.13%
10 MGP₸142.32₸142.5
-0.13%
50 MGP₸711.6₸712.49
-0.13%
100 MGP₸1,423.19₸1,424.99
-0.13%
500 MGP₸7,115.96₸7,124.93
-0.13%
1000 MGP₸14,231.91₸14,249.87
-0.13%

MGP to KZT FAQ

How much is 1 Magpie in KZT?
Right now, the price of 1 Magpie (MGP) in Kazakhstani Tenge (KZT) is ₸14.23.
How much MGP can I buy for 1 KZT?
Based on the current exchange rate, you can get 0.07026 MGP for 1 KZT.
How do I calculate or convert MGP to KZT?
You can use our MGP to KZT calculator at the top of this page to convert any amount of MGP to KZT. We've also included quick-reference tables for the most popular conversions. For example, 5 KZT is equivalent to 0.3513 MGP, while 5 MGP will cost around 71.16KZT.
What is the highest price of MGP/KZT in history?
The all-time high price of 1 MGP in KZT is ₸107.78. It remains to be seen if the value of 1 MGP/KZT will exceed the current all-time high.
What is the price trend of Magpie in KZT?
Over the past 7 days, the exchange rate of Magpie (MGP) has gone down by 11.29%.   Over the last month, the exchange rate of Magpie (MGP) has gone down by 24.76% against Kazakhstani Tenge (KZT).

What factors influence the conversion rate of MGP to KZT?

There are many factors that affect the relationship between Magpie and Kazakhstani Tenge, 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/KZT. 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/KZT. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MGP/KZT.
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/KZT. 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.