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MGKL to HUF Converter and calculator

MGKL/HUF: 1 MGKL = 0.{4}1999 HUF. The price of converting 1 MAGIKAL.ai (MGKL) to Hungarian Forint (HUF) is 0.{4}1999 HUF today.
MGKL
MGKL
HUF
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MGKL to HUF real-time exchange rates, making it easy to convert MAGIKAL.ai (MGKL) to Hungarian Forint (HUF). The conversion result is based on real-time data. The conversion result shows that 1 MGKL is currently valued at 0.{4}1999 HUF. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MGKL is currently valued at 0.{4}1999 HUF, which means buying 5 MGKL would cost 0.{4}9993 HUF. Similarly, Ft1 HUF can be converted to 50,032.64 MGKL, and Ft50 HUF can be converted to 250,163.22 MGKL, excluding any platform or gas fees.

Convert MGKL to HUF

Convert HUF to MGKL

MAGIKAL.ai
Hungarian Forint
1 MGKL
0.{4}1999  HUF
Exchange 1 MGKL for 0.{4}1999 HUF
2 MGKL
0.{4}3997  HUF
Exchange 2 MGKL for 0.{4}3997 HUF
5 MGKL
0.{4}9993  HUF
Exchange 5 MGKL for 0.{4}9993 HUF
10 MGKL
0.0001999  HUF
Exchange 10 MGKL for 0.0001999 HUF
20 MGKL
0.0003997  HUF
Exchange 20 MGKL for 0.0003997 HUF
50 MGKL
0.0009993  HUF
Exchange 50 MGKL for 0.0009993 HUF
100 MGKL
0.001999  HUF
Exchange 100 MGKL for 0.001999 HUF
200 MGKL
0.003997  HUF
Exchange 200 MGKL for 0.003997 HUF
500 MGKL
0.009993  HUF
Exchange 500 MGKL for 0.009993 HUF
1000 MGKL
0.01999  HUF
Exchange 1000 MGKL for 0.01999 HUF
5000 MGKL
0.09993  HUF
Exchange 5000 MGKL for 0.09993 HUF
10000 MGKL
0.1999  HUF
Exchange 10000 MGKL for 0.1999 HUF
In the table above, you'll find a comprehensive MGKL to HUF converter that shows the value of MAGIKAL.ai in Hungarian Forint across commonly used conversion amounts. The list covers conversions from 1 MGKL to HUF, all the way up to 10000 MGKL, providing a clear view of their respective values.
Hungarian Forint
MAGIKAL.ai
1 HUF
50,032.64 MGKL
Exchange 1 HUF for 50,032.64 MGKL
10 HUF
500,326.45 MGKL
Exchange 10 HUF for 500,326.45 MGKL
50 HUF
2,501,632.25 MGKL
Exchange 50 HUF for 2,501,632.25 MGKL
100 HUF
5,003,264.49 MGKL
Exchange 100 HUF for 5,003,264.49 MGKL
200 HUF
10,006,528.98 MGKL
Exchange 200 HUF for 10,006,528.98 MGKL
500 HUF
25,016,322.46 MGKL
Exchange 500 HUF for 25,016,322.46 MGKL
1000 HUF
50,032,644.91 MGKL
Exchange 1000 HUF for 50,032,644.91 MGKL
2000 HUF
100,065,289.83 MGKL
Exchange 2000 HUF for 100,065,289.83 MGKL
5000 HUF
250,163,224.57 MGKL
Exchange 5000 HUF for 250,163,224.57 MGKL
10000 HUF
500,326,449.13 MGKL
Exchange 10000 HUF for 500,326,449.13 MGKL
50000 HUF
2,501,632,245.65 MGKL
Exchange 50000 HUF for 2,501,632,245.65 MGKL
100000 HUF
5,003,264,491.3 MGKL
Exchange 100000 HUF for 5,003,264,491.3 MGKL
In the table above, you'll find a comprehensive HUF to MGKL converter that shows the value of Hungarian Forint in MAGIKAL.ai across commonly used conversion amounts. The list covers conversions from 1 HUF to MGKL, all the way up to 100000 HUF, providing a clear view of their respective values.

MGKL to HUF chart

MGKL/HUF: 1 MGKL = 0.{4}1999 HUF; 2025/08/04 05:08:23
In the past 1D, MAGIKAL.ai has changed +2.09% to HUF. Based on the trend and price charts, MAGIKAL.ai(MGKL) has changed +2.09% to HUF while Hungarian Forint(HUF) has changed % to MGKL in the last 24 hours.
1D7D1M3M1YAll

MGKL to HUF conversion data: Volatility and price changes of MAGIKAL.ai in HUF

The highest MAGIKAL.ai price in HUF over the past 7 days was 0.{4}2049 HUF while the lowest MAGIKAL.ai price in HUF over the past 7 days was 0.{4}1823 HUF. The relative change between the highs and lows in MAGIKAL.ai price in HUF over the last 7 days indicates a volatility of %. You can view additional volatility data and MGKL to HUF prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.{4}1938 HUF
0.{4}2049 HUF
0.{4}2180 HUF
0.{4}2236 HUF
Low
0.{4}1847 HUF
0.{4}1823 HUF
0.{4}1823 HUF
0.{4}1601 HUF
Average
0 HUF
0 HUF
0 HUF
0 HUF
Volatility
%
%
%
%
Change
+2.09%
-1.97%
-4.05%
-2.14%

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MAGIKAL.ai information

MGKL to HUF market statistics

MGKL/HUF:
Ft0.{4}1999
MGKL 24h volume:
Ft27,974,415.44
MGKL market cap:
--
MGKL circulating supply:
0 MGKL

Current MGKL to HUF exchange rate

MAGIKAL.ai to Hungarian Forint is falling this week.
MAGIKAL.ai's current market price is Ft0.{4}1999 per MGKL, with a total market cap of Ft0 HUF based on a circulating supply of -- MGKL. The trading volume of MAGIKAL.ai has changed by +1.36% (Ft374,040.28 HUF) in the last 24 hours. Last trading day, MGKL's trading volume was Ft27,600,375.16.

More info about MAGIKAL.ai on Bitget

Hungarian Forint information

About the Hungarian Forint (HUF)

What Is the Hungarian Forint (HUF)?

The Hungarian Forint (HUF), symbolized as Ft, is the national currency of Hungary. It was introduced in 1946 to stabilize the Hungarian economy after World War II, replacing the pengő which had suffered from extreme hyperinflation. The Hungarian Forint is the sole legal tender in Hungary.

The Hungarian Forint is issued and managed by the Hungarian National Bank, known in Hungarian as Magyar Nemzeti Bank. This central bank of Hungary is responsible for maintaining the stability of the national currency, controlling its circulation, and implementing monetary policy in alignment with the country's economic objectives. The Hungarian National Bank plays a crucial role in the financial system of Hungary, including the issuance of banknotes and coins in various denominations of the Forint.

What Is the History of HUF?

The Forint’s name originates from the city of Florence, where gold coins, known as fiorino d'oro, were minted from 1252. Hungary adopted a similar gold-based currency, the Florentinus, under Charles Robert in 1325. The forint was also the currency of the Austro-Hungarian Empire between 1868 and 1892. The modern Forint was reintroduced on August 1, 1946, replacing the pengő, which had suffered from severe hyperinflation post-World War II.

Notes and Coins of HUF

Hungarian banknotes are issued in denominations of 500, 1000, 2000, 5000, 10,000, and 20,000 forints, each featuring prominent Hungarian historical figures and landmarks. Coins come in 5, 10, 20, 50, 100, and 200 forint denominations. The Forint was initially subdivided into 100 fillér, but these coins were phased out due to inflation.

Economic Stability and Exchange Rates

The economic stability of the Hungarian Forint (HUF) has been a journey of significant transformation, especially since the fall of communism and Hungary's transition to a market economy. In the early 1990s, this shift brought about considerable inflation, peaking at 35% in 1991. However, the subsequent years saw a stabilization effort, with inflation dropping to single digits between 2001 and 2022. This period of relative stability was disrupted in February 2023 when inflation climbed to 25.80%, influenced by global economic factors such as the war in Ukraine and broader economic uncertainties. Despite these challenges, the Forint has maintained its status as a fully convertible currency, crucial for Hungary's trade and economic relations.

The exchange rate of the Hungarian Forint has seen fluctuations reflective of both domestic economic policies and global financial trends. As Hungary is a member of the European Union but has not adopted the Euro, the Forint’s value against the Euro and other major currencies like the U.S. dollar is a critical economic indicator

Why Doesn’t Hungary Use the Euro?

Hungary has not adopted the Euro for several reasons, despite initial plans to do so. Initially, Hungary aimed to replace the Hungarian Forint with the Euro around 2007 or 2008, later targeting January 1, 2010. However, these plans were abandoned due to high budget deficits, inflation, and public debt, preventing Hungary from meeting the Maastricht criteria. The global financial crisis of 2008 further complicated matters, despite aid from the IMF, EU, and World Bank. The Fidesz government, elected in 2010, has shown a soft Eurosceptic stance, maintaining the Forint and postponing discussions about adopting the Euro. Prime Minister Viktor Orbán stated that Euro adoption would not be considered until Hungary's public debt reached a 50% threshold, a significant reduction from its level in 2011.

Additionally, broader reasons why some EU countries, including Hungary, choose not to adopt the Euro involve maintaining financial independence. This independence allows for control over key issues like setting monetary policy, handling national debt, modulating inflation, and the ability to devalue the currency in certain circumstances. The European Central Bank sets economic and monetary policies for all Eurozone nations, which means individual states lack the independence to craft policies tailored to their own conditions. This lack of economic independence and the desire to maintain control over national financial policies contribute to Hungary's decision to retain the Forint instead of adopting the Euro.

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

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How to convert MGKL to HUF

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MGKL to HUF Conversion tables

The exchange rate of MAGIKAL.ai is decreasing.
The exchange rate of 1 MGKL to Hungarian Forint has changed by -1.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.09%, reaching a high of 0.{4}1938 HUF and a low of 0.{4}1847 HUF . One month ago, the value of 1 MGKL was Ft0.{4}2080 HUF , which represents a -4.05% change from its current value. Over the last year, MAGIKAL.ai has changed by
-Ft
0.{4}1518HUF
, resulting in a change of -43.94% in its value.
24 hours ago1 month ago1 year ago
Amount 05:08 am today 24 hours ago 24h change
0.5 MGKL
Ft0.{5}9993Ft0.{5}9795
+2.09%
1 MGKL
Ft0.{4}1999Ft0.{4}1959
+2.09%
5 MGKL
Ft0.{4}9993Ft0.{4}9795
+2.09%
10 MGKL
Ft0.0001999Ft0.0001959
+2.09%
50 MGKL
Ft0.0009993Ft0.0009795
+2.09%
100 MGKL
Ft0.001999Ft0.001959
+2.09%
500 MGKL
Ft0.009993Ft0.009795
+2.09%
1000 MGKL
Ft0.01999Ft0.01959
+2.09%

MGKL to HUF FAQ

How much is 1 MAGIKAL.ai in HUF?
Right now, the price of 1 MAGIKAL.ai (MGKL) in Hungarian Forint (HUF) is Ft0.{4}1999.
How much MGKL can I buy for 1 HUF?
Based on the current exchange rate, you can get 50,032.64 MGKL for 1 HUF.
How do I calculate or convert MGKL to HUF?
You can use our MGKL to HUF calculator at the top of this page to convert any amount of MGKL to HUF. We've also included quick-reference tables for the most popular conversions. For example, 5 HUF is equivalent to 250,163.22 MGKL, while 5 MGKL will cost around 0.{4}9993HUF.
What is the highest price of MGKL/HUF in history?
The all-time high price of 1 MGKL in HUF is Ft0.001593. It remains to be seen if the value of 1 MGKL/HUF will exceed the current all-time high.
What is the price trend of MAGIKAL.ai in HUF?
Over the past 7 days, the exchange rate of MAGIKAL.ai (MGKL) has gone down by 1.97%.   Over the last month, the exchange rate of MAGIKAL.ai (MGKL) has gone down by 4.05% against Hungarian Forint (HUF).

What factors influence the conversion rate of MGKL to HUF?

There are many factors that affect the relationship between MAGIKAL.ai and Hungarian Forint, 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 MGKL/HUF. When there is positive news in the market about the widespread adoption of MGKL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MGKL/HUF. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MGKL/HUF.
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 MGKL/HUF. 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 MAGIKAL.ai and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular MAGIKAL.ai currency pairs: MGKL to US Dollar (USD), MGKL to Euro (EUR), MGKL to Pound Sterling (GBP), MGKL to Canadian Dollar (CAD), MGKL to Indian Rupee (INR), MGKL to Pakistani Rupee (PKR), MGKL to Brazilian Real (BRL), MGKL to…
The price of MAGIKAL.ai in the US is $0.{7}5810 USD. Additionally, MAGIKAL.ai’s price is €0.{7}5018 EUR in the eurozone, £0.{7}4374 GBP in the UK, C$0.{7}8004 CAD in Canada, ₹0.{5}5071 INR in India, ₨0.{4}1628 PKR in Pakistan, R$0.{6}3223 BRL in Brazil, and more.
The most popular MAGIKAL.ai currency pair is the MGKL to Hungarian Forint(HUF). The price of 1 MAGIKAL.ai (MGKL) in Hungarian Forint (HUF) is Ft0.{4}1999.

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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.