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MAGIK to DZD Converter and calculator

MAGIK/DZD: 1 MAGIK = 0.8788 DZD. The price of converting 1 Magik Finance (MAGIK) to Algerian Dinar (DZD) is 0.8788 DZD today.
MAGIK
MAGIK
DZD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAGIK to DZD real-time exchange rates, making it easy to convert Magik Finance (MAGIK) to Algerian Dinar (DZD). The conversion result is based on real-time data. The conversion result shows that 1 MAGIK is currently valued at 0.88 DZD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAGIK is currently valued at 0.88 DZD, which means buying 5 MAGIK would cost 4.39 DZD. Similarly, د.ج1 DZD can be converted to 1.14 MAGIK, and د.ج50 DZD can be converted to 5.69 MAGIK, excluding any platform or gas fees.

Convert MAGIK to DZD

Convert DZD to MAGIK

Magik Finance
Algerian Dinar
200 MAGIK
175.75  DZD
500 MAGIK
439.38  DZD
1000 MAGIK
878.77  DZD
5000 MAGIK
4,393.83  DZD
10000 MAGIK
8,787.65  DZD
In the table above, you'll find a comprehensive MAGIK to DZD converter that shows the value of Magik Finance in Algerian Dinar across commonly used conversion amounts. The list covers conversions from 1 MAGIK to DZD, all the way up to 10000 MAGIK, providing a clear view of their respective values.
Algerian Dinar
Magik Finance
1000 DZD
1,137.96 MAGIK
2000 DZD
2,275.92 MAGIK
10000 DZD
11,379.61 MAGIK
50000 DZD
56,898.03 MAGIK
100000 DZD
113,796.06 MAGIK
In the table above, you'll find a comprehensive DZD to MAGIK converter that shows the value of Algerian Dinar in Magik Finance across commonly used conversion amounts. The list covers conversions from 1 DZD to MAGIK, all the way up to 100000 DZD, providing a clear view of their respective values.

MAGIK to DZD chart

MAGIK/DZD: 1 MAGIK = 0.8788 DZD; 2025/05/05 00:24:26
In the past 1D, Magik Finance has changed -5.65% to DZD. Based on the trend and price charts, Magik Finance(MAGIK) has changed -5.65% to DZD while Algerian Dinar(DZD) has changed % to MAGIK in the last 24 hours.
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MAGIK to DZD conversion data: Volatility and price changes of Magik Finance in DZD

The highest Magik Finance price in DZD over the past 7 days was 1.01 DZD while the lowest Magik Finance price in DZD over the past 7 days was 0.8083 DZD. The relative change between the highs and lows in Magik Finance price in DZD over the last 7 days indicates a volatility of %. You can view additional volatility data and MAGIK to DZD 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
0.9317 DZD
1.01 DZD
1.01 DZD
1.69 DZD
Low
0.8788 DZD
0.8083 DZD
0.6861 DZD
0.6794 DZD
Average
0 DZD
0 DZD
0 DZD
0 DZD
Volatility
%
%
%
%
Change
-5.65%
-1.04%
-2.39%
+7.33%

Magik Finance information

MAGIK to DZD market statistics

MAGIK/DZD:
د.ج0.8788
MAGIK 24h volume:
--
MAGIK market cap:
--
MAGIK circulating supply:
0 MAGIK

Current MAGIK to DZD exchange rate

Magik Finance to Algerian Dinar is falling this week.
Magik Finance's current market price is د.ج0.8788 per MAGIK, with a total market cap of د.ج0 DZD based on a circulating supply of -- MAGIK. The trading volume of Magik Finance has changed by 0.00% (د.ج0 DZD) in the last 24 hours. Last trading day, MAGIK's trading volume was د.ج0.

More info about Magik Finance on Bitget

Algerian Dinar information

About Algerian Dinar (DZD)

The Algerian Dinar (DZD), the official currency of Algeria, embodies the country's rich history, cultural heritage, and economic aspirations. It is commonly abbreviated as DZD and represented by the symbol د.ج. Introduced in 1964, two years after Algeria's independence from France, the Dinar is more than just a medium of exchange. It represents Algerias journey through post-colonial recovery, socialist policies, and gradual economic liberalization.

Historical Background

The transition to the Algerian Dinar from the Algerian Franc symbolized a significant break from the colonial past and a step towards economic sovereignty. This change was part of a broader movement to assert national identity and foster economic independence in the newly liberated nation.

Design and Symbolism

The design of the Algerian Dinar reflects the country’s historical and cultural legacy. Banknotes and coins feature prominent figures from Algeria’s past, including ancient heroes and modern leaders. They also showcase landmarks, like the Maqam Echahid monument, and natural wonders, symbolizing Algeria's diverse landscapes from the Mediterranean coast to the Sahara desert. These elements are not just decorative; they are powerful symbols of Algeria’s identity and pride.

Economic Role

The Dinar is central to Algeria’s economy, characterized by its significant oil and gas reserves. The currency facilitates trade in these key sectors, as well as in agriculture, manufacturing, and services. The value and stability of the Dinar are crucial for economic growth, affecting everything from government revenue to the cost of imports.

Monetary Policy and Inflation

Managed by the Bank of Algeria, the country’s central bank, the Dinar’s value is influenced by monetary policies, global oil prices, and foreign exchange reserves. The bank faces the challenge of controlling inflation while maintaining sufficient foreign exchange reserves, critical in an economy heavily reliant on hydrocarbon exports.

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

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How to convert MAGIK to DZD

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Buy MAGIK (or USDT) for DZD (Algerian Dinar) offers
Bitget P2P trading does not currently support direct buying of MAGIK with DZD. However, you can buy USDT in Bitget P2P trading first, and then buy MAGIK with USDT via Bitget spot market.
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MAGIK to DZD Conversion tables

The exchange rate of Magik Finance is decreasing.
The exchange rate of 1 MAGIK to Algerian Dinar has changed by -1.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.65%, reaching a high of 0.9317 DZD and a low of 0.8788 DZD . One month ago, the value of 1 MAGIK was د.ج0.9002 DZD , which represents a -2.39% change from its current value. Over the last year, Magik Finance has changed by
-د.ج
2.33DZD
, resulting in a change of -72.61% in its value.
24 hours ago1 month ago1 year ago
Amount00:24 am today24 hours ago24h change
0.5 MAGIKد.ج0.4394د.ج0.4657
-5.65%
1 MAGIKد.ج0.8788د.ج0.9314
-5.65%
5 MAGIKد.ج4.39د.ج4.66
-5.65%
10 MAGIKد.ج8.79د.ج9.31
-5.65%
50 MAGIKد.ج43.94د.ج46.57
-5.65%
100 MAGIKد.ج87.88د.ج93.14
-5.65%
500 MAGIKد.ج439.38د.ج465.69
-5.65%
1000 MAGIKد.ج878.77د.ج931.39
-5.65%

MAGIK to DZD FAQ

How much is 1 Magik Finance in DZD?
Right now, the price of 1 Magik Finance (MAGIK) in Algerian Dinar (DZD) is د.ج0.8788.
How much MAGIK can I buy for 1 DZD?
Based on the current exchange rate, you can get 1.14 MAGIK for 1 DZD.
How do I calculate or convert MAGIK to DZD?
You can use our MAGIK to DZD calculator at the top of this page to convert any amount of MAGIK to DZD. We've also included quick-reference tables for the most popular conversions. For example, 5 DZD is equivalent to 5.69 MAGIK, while 5 MAGIK will cost around 4.39DZD.
What is the highest price of MAGIK/DZD in history?
The all-time high price of 1 MAGIK in DZD is د.ج579.61. It remains to be seen if the value of 1 MAGIK/DZD will exceed the current all-time high.
What is the price trend of Magik Finance in DZD?
Over the past 7 days, the exchange rate of Magik Finance (MAGIK) has gone down by 1.04%.   Over the last month, the exchange rate of Magik Finance (MAGIK) has gone down by 2.39% against Algerian Dinar (DZD).

What factors influence the conversion rate of MAGIK to DZD?

There are many factors that affect the relationship between Magik Finance and Algerian 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 MAGIK/DZD. When there is positive news in the market about the widespread adoption of MAGIK or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MAGIK/DZD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAGIK/DZD.
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 MAGIK/DZD. 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 Magik Finance 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.