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base info Magnesium

Magnesium to Cambodian Riel Converter and calculator

Convert 1Magnesium (MAG) to Cambodian Riel (KHR) equals ៛ 0.1204 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Magnesium(MAG) to Cambodian Riel(KHR). This is the real-time data. The current conversion shows 1 MAG at a value of 1 MAG for 0.12 KHR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

KHR information

About Cambodian Riel (KHR)

The Cambodian Riel (KHR), introduced in 1980, is not just Cambodia's official currency; it is a symbol of the nation's tumultuous history and its journey towards economic resurgence. It is commonly abbreviated as KHR and represented by the symbol ៛.

Historical Background

The introduction of the Riel marked a significant step in Cambodia's recovery from years of conflict, including the devastating Khmer Rouge regime. The currency was reintroduced to foster a sense of normalcy and economic stability in a nation striving to rebuild itself.

Design and Symbolism

The design of the Cambodian Riel is a vibrant tapestry of the country's cultural and natural heritage. Banknotes feature images of ancient Khmer architecture, like the famed Angkor Wat, alongside portraits of King Norodom Sihanouk and other significant figures. These designs serve not only as a medium for financial transactions but also as a reminder of Cambodia's rich history and resilience.

Economic Role

The Riel plays a crucial role in Cambodia’s predominantly agrarian economy, complemented by the garment industry, tourism, and recently, a growing service sector. While the US Dollar is also widely used, the Riel remains important for local transactions, particularly in rural areas, and symbolizes national sovereignty.

Monetary Policy and Inflation

Managed by the National Bank of Cambodia, the Riel has faced challenges like inflation and currency stability. The central bank’s monetary policies aim to stabilize the Riel, which is crucial for encouraging investment and maintaining the economic confidence of both the populace and international investors.

International Trade and the Cambodian Riel

The Riel’s value is significant in international trade, particularly for Cambodia's exports like textiles, rice, and rubber. A stable Riel is important for maintaining competitive export prices and attracting foreign investment.

Remittances and the Economy

Remittances from Cambodians working abroad, especially in Thailand and South Korea, are a vital source of income for many families and contribute significantly to the national economy. These funds, converted into Riels, support household economies and contribute to the country's financial stability.

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

MAG to KHR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Magnesium has changed -0.04% to KHR. Based on the trend and price charts, Magnesium(MAG) has changed -0.04% to KHR while Cambodian Riel(KHR) has changed % to MAG in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
៛0.1204
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/24 00:39:13(UTC+0)

How to buy Magnesium

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Magnesium (MAG)
Use a variety of payment options to buy Magnesium on Bitget. We'll show you how.

Buy MAG (or USDT) for KHR (Cambodian Riel) offers

Bitget P2P trading does not currently support direct buying of MAG with KHR. However, you can buy USDT in Bitget P2P trading first, and then buy MAG with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell MAG (or USDT) for KHR (Cambodian Riel) offers

Bitget P2P trading currently does not support direct selling of MAG to KHR. However, you can first exchange MAG for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Magnesium to Cambodian Riel?

Magnesium to Cambodian Riel is falling this week.
Magnesium's current market price is ៛ 0.1204 per MAG, with a total market cap of ៛ 0 KHR based on a circulating supply of -- MAG. The trading volume of Magnesium has changed by +130.59% (៛ 1,130,506.05 KHR) in the last 24 hours. Last trading day, MAG's trading volume was ៛ 865,711.02.
Market cap
$0
24h volume
$497.15779804
Circulating supply
0 MAG

Conversion tables

The exchange rate of Magnesium is decreasing.
1 MAG is currently valued at ៛ 0.1204 KHR , which means buying 5 MAG will cost ៛ 0.6019 KHR . Similarly, ៛1 KHR can be traded for 8.31 MAG, and ៛50 KHR can be converted to 415.37 MAG, excluding any platform or gas fees.
The exchange rate of 1 MAG to Cambodian Riel has changed by -31.28% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.04%, reaching a high of 0.1520 KHR and a low of 0.1518 KHR . One month ago, the value of 1 MAG was ៛ 0.2525 KHR , which represents a -46.53% change from its current value. Over the last year, Magnesium has changed by
+
0.1519KHR
, resulting in a change of 0.00% in its value.

MAG to KHR

Amount
02:28 am today
0.5 MAG
0.06019
1 MAG
0.1204
5 MAG
0.6019
10 MAG
1.2
50 MAG
6.02
100 MAG
12.04
500 MAG
60.19
1000 MAG
120.38

KHR to MAG

Amount02:28 am today
0.5KHR4.15  MAG
1KHR8.31  MAG
5KHR41.54  MAG
10KHR83.07  MAG
50KHR415.37  MAG
100KHR830.73  MAG
500KHR4,153.67  MAG
1000KHR8,307.34  MAG

Today vs. 24 hours ago

Amount02:28 am today24 hours ago24h change
0.5 MAG$0.{4}1499$0.{4}1500
-0.04%
1 MAG$0.{4}2998$0.{4}2999
-0.04%
5 MAG$0.0001499$0.0001500
-0.04%
10 MAG$0.0002998$0.0002999
-0.04%
50 MAG$0.001499$0.001500
-0.04%
100 MAG$0.002998$0.002999
-0.04%
500 MAG$0.01499$0.01500
-0.04%
1000 MAG$0.02998$0.02999
-0.04%

Today vs. 1 month ago

Amount02:28 am today1 month ago1M change
0.5 MAG$0.{4}1499$0.{4}3145
-46.53%
1 MAG$0.{4}2998$0.{4}6289
-46.53%
5 MAG$0.0001499$0.0003145
-46.53%
10 MAG$0.0002998$0.0006289
-46.53%
50 MAG$0.001499$0.003145
-46.53%
100 MAG$0.002998$0.006289
-46.53%
500 MAG$0.01499$0.03145
-46.53%
1000 MAG$0.02998$0.06289
-46.53%

Today vs. 1 year ago

Amount02:28 am today1 year ago1Y change
0.5 MAG$0.{4}1499$-0.{5}3922
0.00%
1 MAG$0.{4}2998$-0.{5}7843
0.00%
5 MAG$0.0001499$-0.{4}3922
0.00%
10 MAG$0.0002998$-0.{4}7843
0.00%
50 MAG$0.001499$-0.0003922
0.00%
100 MAG$0.002998$-0.0007843
0.00%
500 MAG$0.01499$-0.003922
0.00%
1000 MAG$0.02998$-0.007843
0.00%

Magnesium price prediction

What will the price of MAG be in 2025?

Based on MAG's historical price performance prediction model, the price of MAG is projected to reach $1.56 in 2025.

What will the price of MAG be in 2030?

In 2030, the MAG price is expected to change by -12.00%. By the end of 2030, the MAG price is projected to reach $2.29, with a cumulative ROI of +7627589.20%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Magnesium and KHR.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Magnesium and KHR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of Magnesium in KHR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.