MGP
NPR
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Magpie(MGP) to Nepalese Rupee(NPR). This is the real-time data. The current conversion shows 1 MGP at a value of 1 MGP for 8.61 NPR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
NPR information
About Nepalese Rupee (NPR)
The Nepalese Rupee (NPR), the official currency of Nepal, introduced in the 1930s, is more than just a medium of exchange; it embodies the nation's cultural heritage and its journey through economic challenges and opportunities. It is commonly abbreviated as NPR and represented by the symbol ₨.
Historical Background
The introduction of the Nepalese Rupee was a significant development in Nepal’s monetary history. It replaced the silver mohar during the reign of King Tribhuvan, symbolizing a move towards a more modernized and standardized economy. This transition marked Nepal's efforts to carve out an independent economic identity distinct from its neighbors, India and China.
Design and Symbolism
The design of the Nepalese Rupee reflects the country's rich cultural and historical legacy. Banknotes and coins feature images of revered monarchs, significant national symbols like Mount Everest, and depictions of Nepal's diverse wildlife. These elements not only facilitate economic transactions but also serve as daily reminders of Nepal's unique identity and pride.
Economic Role
The Rupee plays a central role in Nepal’s economy, which is primarily driven by agriculture, remittances, tourism, and increasingly, the service sector. As the primary currency, it supports these sectors, enabling trade, investment, and the daily financial activities of the Nepalese people.
Monetary Policy and Inflation
Managed by the Nepal Rastra Bank, the country's central bank, the Nepalese Rupee has faced challenges like inflation and currency stability. The bank's monetary policies aim to stabilize the currency and control inflation, vital for economic growth and stability in a country with significant socio-economic challenges.
International Trade and the Nepalese Rupee
In international trade, the stability of the Rupee is crucial, particularly for Nepal's exports such as textiles, carpets, and handicrafts. A stable Rupee is essential for maintaining competitive prices in international markets and attracting foreign investment.
Remittances and Economic Impact
Remittances from Nepalese working abroad, especially in the Middle East, India, and Southeast Asia, are a significant source of foreign income. These remittances, converted into Rupees, play a substantial role in supporting families and contributing to the national economy.
Bitget crypto-to-fiat exchange data shows that the most popular Magpie currency pair is the MGP to NPR, with for Magpie's currency code being MGP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NPR.
MGP to NPR conversion rate trend
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In the past 1D, Magpie has changed +0.99% to NPR. Based on the trend and price charts, Magpie(MGP) has changed +0.99% to NPR while Nepalese Rupee(NPR) has changed % to MGP in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ₨8.61 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/02 08:32:38(UTC+0)
How to buy Magpie
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Magpie (MGP)
Use a variety of payment options to buy Magpie on Bitget. We'll show you how.
Buy MGP (or USDT) for NPR (Nepalese Rupee) offers
Bitget P2P trading does not currently support direct buying of MGP with NPR. However, you can buy USDT in Bitget P2P trading first, and then buy MGP with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell MGP (or USDT) for NPR (Nepalese Rupee) offers
Bitget P2P trading currently does not support direct selling of MGP to NPR. However, you can first exchange MGP for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Magpie to Nepalese Rupee?
Magpie to Nepalese Rupee is rising this week.Magpie's current market price is ₨ 8.61 per MGP, with a total market cap of ₨ 0 NPR based on a circulating supply of -- MGP. The trading volume of Magpie has changed by -35.59% (₨ -1,672,560.57 NPR) in the last 24 hours. Last trading day, MGP's trading volume was ₨ 4,700,157.83.
Market cap
$0
24h volume
$22.50K
Circulating supply
0 MGP
Conversion tables
The exchange rate of Magpie is decreasing.1 MGP is currently valued at ₨ 8.61 NPR , which means buying 5 MGP will cost ₨ 43.05 NPR . Similarly, ₨1 NPR can be traded for 0.1161 MGP, and ₨50 NPR can be converted to 5.81 MGP, excluding any platform or gas fees.
The exchange rate of 1 MGP to Nepalese Rupee has changed by +1.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.99%, reaching a high of 8.75 NPR and a low of 8.53 NPR . One month ago, the value of 1 MGP was ₨ 8.82 NPR , which represents a -2.37% change from its current value. Over the last year, Magpie has changed by , resulting in a change of +194.05% in its value.
+₨
5.68NPRMGP to NPR
Amount
09:24 am today
0.5 MGP
₨4.31
1 MGP
₨8.61
5 MGP
₨43.05
10 MGP
₨86.1
50 MGP
₨430.52
100 MGP
₨861.04
500 MGP
₨4,305.2
1000 MGP
₨8,610.4
NPR to MGP
Amount09:24 am today
0.5NPR0.05807 MGP
1NPR0.1161 MGP
5NPR0.5807 MGP
10NPR1.16 MGP
50NPR5.81 MGP
100NPR11.61 MGP
500NPR58.07 MGP
1000NPR116.14 MGP
Today vs. 24 hours ago
| Amount | 09:24 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MGP | $0.03199 | $0.03167 | +0.99% |
| 1 MGP | $0.06398 | $0.06335 | +0.99% |
| 5 MGP | $0.3199 | $0.3167 | +0.99% |
| 10 MGP | $0.6398 | $0.6335 | +0.99% |
| 50 MGP | $3.2 | $3.17 | +0.99% |
| 100 MGP | $6.4 | $6.33 | +0.99% |
| 500 MGP | $31.99 | $31.67 | +0.99% |
| 1000 MGP | $63.98 | $63.35 | +0.99% |
Today vs. 1 month ago
| Amount | 09:24 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MGP | $0.03199 | $0.03276 | -2.37% |
| 1 MGP | $0.06398 | $0.06553 | -2.37% |
| 5 MGP | $0.3199 | $0.3276 | -2.37% |
| 10 MGP | $0.6398 | $0.6553 | -2.37% |
| 50 MGP | $3.2 | $3.28 | -2.37% |
| 100 MGP | $6.4 | $6.55 | -2.37% |
| 500 MGP | $31.99 | $32.76 | -2.37% |
| 1000 MGP | $63.98 | $65.53 | -2.37% |
Today vs. 1 year ago
| Amount | 09:24 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MGP | $0.03199 | $0.01087 | +194.05% |
| 1 MGP | $0.06398 | $0.02174 | +194.05% |
| 5 MGP | $0.3199 | $0.1087 | +194.05% |
| 10 MGP | $0.6398 | $0.2174 | +194.05% |
| 50 MGP | $3.2 | $1.09 | +194.05% |
| 100 MGP | $6.4 | $2.17 | +194.05% |
| 500 MGP | $31.99 | $10.87 | +194.05% |
| 1000 MGP | $63.98 | $21.74 | +194.05% |
Magpie price prediction
What will the price of MGP be in 2025?
Based on MGP's historical price performance prediction model, the price of MGP is projected to reach $0.08148 in 2025.
What will the price of MGP be in 2030?
In 2030, the MGP price is expected to change by -19.00%. By the end of 2030, the MGP price is projected to reach $0.1610, with a cumulative ROI of +141.06%.
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Popular Magpie conversions
Check out these popular currency conversions of Magpie to several fiat currencies.
Magpie to USD
1 MGP to $ 0.06398 USD
Magpie to GBP
1 MGP to £ 0.04949 GBP
Magpie to EUR
1 MGP to € 0.05885 EUR
Magpie to KRW
1 MGP to ₩ 88.31 KRW
Magpie to CAD
1 MGP to $ 0.08936 CAD
Magpie to AUD
1 MGP to $ 0.09755 AUD
Magpie to JPY
1 MGP to ¥ 9.79 JPY
Magpie to BRL
1 MGP to R$ 0.3755 BRL
Magpie to CNY
1 MGP to ¥ 0.4560 CNY
Magpie to TWD
1 MGP to NT$ 2.04 TWD
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1 SOL to ₨ 22,426.46 NPR
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1 SUI to ₨ 259.94 NPR
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1 ETH to ₨ 336,472.9 NPR
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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 Magpie and NPR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Magpie and NPR. 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 Magpie in NPR, 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.
