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MGP to SEK Converter and calculator

MGP/SEK: 1 MGP = 0.2692 SEK. The price of converting 1 Magpie (MGP) to Swedish Krona (SEK) is 0.2692 SEK today.
MGP
MGP
SEK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MGP to SEK real-time exchange rates, making it easy to convert Magpie (MGP) to Swedish Krona (SEK). The conversion result is based on real-time data. The conversion result shows that 1 MGP is currently valued at 0.27 SEK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MGP is currently valued at 0.27 SEK, which means buying 5 MGP would cost 1.35 SEK. Similarly, kr1 SEK can be converted to 3.71 MGP, and kr50 SEK can be converted to 18.57 MGP, excluding any platform or gas fees.

Convert MGP to SEK

Convert SEK to MGP

Magpie
Swedish Krona
5000 MGP
1,346.08  SEK
10000 MGP
2,692.16  SEK
In the table above, you'll find a comprehensive MGP to SEK converter that shows the value of Magpie in Swedish Krona across commonly used conversion amounts. The list covers conversions from 1 MGP to SEK, all the way up to 10000 MGP, providing a clear view of their respective values.
Swedish Krona
Magpie
10000 SEK
37,144.89 MGP
50000 SEK
185,724.44 MGP
100000 SEK
371,448.89 MGP
In the table above, you'll find a comprehensive SEK to MGP converter that shows the value of Swedish Krona in Magpie across commonly used conversion amounts. The list covers conversions from 1 SEK to MGP, all the way up to 100000 SEK, providing a clear view of their respective values.

MGP to SEK chart

MGP/SEK: 1 MGP = 0.2692 SEK; 2025/04/30 09:10:09
In the past 1D, Magpie has changed -1.50% to SEK. Based on the trend and price charts, Magpie(MGP) has changed -1.50% to SEK while Swedish Krona(SEK) has changed % to MGP in the last 24 hours.
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MGP to SEK conversion data: Volatility and price changes of Magpie in SEK

The highest Magpie price in SEK over the past 7 days was 0.3153 SEK while the lowest Magpie price in SEK over the past 7 days was 0.2658 SEK. The relative change between the highs and lows in Magpie price in SEK over the last 7 days indicates a volatility of %. You can view additional volatility data and MGP to SEK 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
0.2763 SEK
0.3153 SEK
0.4020 SEK
0.8591 SEK
Low
0.2658 SEK
0.2658 SEK
0.2002 SEK
0.2002 SEK
Average
0 SEK
0 SEK
0 SEK
0 SEK
Volatility
%
%
%
%
Change
-1.50%
-8.32%
-23.40%
-68.05%

Magpie information

MGP to SEK market statistics

MGP/SEK:
kr0.2692
MGP 24h volume:
kr753,312.36
MGP market cap:
kr123,059,504.82
MGP circulating supply:
457.10M MGP

Current MGP to SEK exchange rate

Magpie to Swedish Krona is falling this week.
Magpie's current market price is kr0.2692 per MGP, with a total market cap of kr123,059,504.82 SEK based on a circulating supply of 457,103,140 MGP. The trading volume of Magpie has changed by -46.95% (kr-666,718.86 SEK) in the last 24 hours. Last trading day, MGP's trading volume was kr1,420,031.22.

More info about Magpie on Bitget

Swedish Krona information

About the Swedish Krona (SEK)

What Is the Swedish Krona (SEK)?

The Swedish Krona (SEK), often referred to as the Swedish crown, is the official currency of Sweden. The term "krona" means "crown" in Swedish, which is a fitting name for the currency of the Kingdom of Sweden. The SEK is represented by the ISO code SEK and each krona is subdivided into 100 öre. The Swedish Krona is the sole legal tender in Sweden, and it is used for all transactions within the country.

The Swedish Krona (SEK) is issued by Sveriges Riksbank, also known as the Swedish Central Bank or Riksbanken. Sveriges Riksbank is the central bank of Sweden and is responsible for issuing the country's currency, including both banknotes and coins. As the central bank, Riksbanken also plays a key role in maintaining the stability of the Swedish financial system and implementing the country's monetary policy.

What Is the History of SEK?

The adoption of the Krona was a result of the Scandinavian Monetary Union formed in 1876, which included Sweden, Denmark, and Norway. Initially, the Krona was linked to the gold standard, with its value defined as 1/2480 kilograms of pure gold. This union lasted until the outbreak of World War I, after which the countries retained the currency names but moved to separate currencies.

Notes and Coins of SEK

Coins are issued in denominations of 1, 2, 5, and 10 kronor, reflecting a blend of traditional and modern design elements that symbolize Sweden's rich heritage and progressive values. The banknotes, on the other hand, are available in denominations of 20, 50, 100, 200, 500, and 1000 kronor, each featuring notable Swedish figures and cultural landmarks, and are renowned for their advanced security features.

What Is e-Krona?

In recent years, Sweden has seen a substantial decline in the use of cash, leading to the exploration of a digital currency, the e-Krona. The digital currency is operated by the Riksbank. The concept of the e-Krona is to offer a state-issued digital currency, accessible to everyone, and functioning alongside traditional banknotes and coins. The e-Krona would not replace cash but rather serve as an additional payment option, ensuring the public's continued access to state money in a digital form. It's designed to strengthen the resilience of the payment market by providing an alternative to private money, such as bank deposits, and to foster financial inclusion. The Riksbank has been actively exploring various technical solutions for the e-Krona and examining legal aspects to ensure a clear mandate for its issuance.

Why Does Sweden Not Use the Euro?

Sweden has not adopted the Euro as its currency due to the outcome of a 2003 referendum in which the majority of Swedish voters, approximately 56%, opposed the switch from the Swedish Krona to the Euro. This decision was influenced by several factors, including concerns about losing control over national monetary policy and the desire to preserve the Krona as a symbol of national sovereignty. Economic considerations also played a significant role, as there were apprehensions about the potential impact on inflation and interest rates, coupled with the strong performance of the Swedish economy and the Krona compared to some Eurozone countries.

Is SEK a Stable Currency?

The Swedish Krona (SEK) is generally considered a stable currency. This stability is attributed to Sweden's robust economy, effective monetary policies, and a strong institutional framework. The Riksbank, Sweden's central bank, plays a crucial role in maintaining this stability through its monetary policy decisions. Historically, the SEK has shown resilience in the face of global economic uncertainties, and its value has been relatively stable compared to other major currencies. The economic outlook for Sweden often influences the Krona's strength, and the country's commitment to maintaining a balanced budget and low public debt contributes to the currency's stability. While all currencies are subject to market fluctuations, the SEK's stability is supported by Sweden's solid economic fundamentals and prudent fiscal policies.

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

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How to convert MGP to SEK

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MGP to SEK Conversion tables

The exchange rate of Magpie is decreasing.
The exchange rate of 1 MGP to Swedish Krona 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 0.2763 SEK and a low of 0.2658 SEK . One month ago, the value of 1 MGP was kr0.3515 SEK , which represents a -23.40% change from its current value. Over the last year, Magpie has changed by
-kr
0.5933SEK
, resulting in a change of -68.79% in its value.
24 hours ago1 month ago1 year ago
Amount09:10 am today24 hours ago24h change
0.5 MGPkr0.1346kr0.1367
-1.50%
1 MGPkr0.2692kr0.2733
-1.50%
5 MGPkr1.35kr1.37
-1.50%
10 MGPkr2.69kr2.73
-1.50%
50 MGPkr13.46kr13.67
-1.50%
100 MGPkr26.92kr27.33
-1.50%
500 MGPkr134.61kr136.66
-1.50%
1000 MGPkr269.22kr273.32
-1.50%

MGP to SEK FAQ

How much is 1 Magpie in SEK?
Right now, the price of 1 Magpie (MGP) in Swedish Krona (SEK) is kr0.2692.
How much MGP can I buy for 1 SEK?
Based on the current exchange rate, you can get 3.71 MGP for 1 SEK.
How do I calculate or convert MGP to SEK?
You can use our MGP to SEK calculator at the top of this page to convert any amount of MGP to SEK. We've also included quick-reference tables for the most popular conversions. For example, 5 SEK is equivalent to 18.57 MGP, while 5 MGP will cost around 1.35SEK.
What is the highest price of MGP/SEK in history?
The all-time high price of 1 MGP in SEK is kr2.03. It remains to be seen if the value of 1 MGP/SEK will exceed the current all-time high.
What is the price trend of Magpie in SEK?
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 Swedish Krona (SEK).

What factors influence the conversion rate of MGP to SEK?

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