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MGP to NOK Converter and calculator

MGP/NOK: 1 MGP = 0.1623 NOK. The price of converting 1 Magpie (MGP) to Norwegian Krone (NOK) is 0.1623 NOK today.
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MGP
NOK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MGP to NOK real-time exchange rates, making it easy to convert Magpie (MGP) to Norwegian Krone (NOK). The conversion result is based on real-time data. The conversion result shows that 1 MGP is currently valued at 0.1623 NOK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MGP is currently valued at 0.1623 NOK, which means buying 5 MGP would cost 0.8117 NOK. Similarly, kr1 NOK can be converted to 6.16 MGP, and kr50 NOK can be converted to 30.8 MGP, excluding any platform or gas fees.

Convert MGP to NOK

Convert NOK to MGP

Magpie
Norwegian Krone
1 MGP
0.1623  NOK
Exchange 1 MGP for 0.1623 NOK
2 MGP
0.3247  NOK
Exchange 2 MGP for 0.3247 NOK
5 MGP
0.8117  NOK
Exchange 5 MGP for 0.8117 NOK
10 MGP
1.62  NOK
Exchange 10 MGP for 1.62 NOK
20 MGP
3.25  NOK
Exchange 20 MGP for 3.25 NOK
50 MGP
8.12  NOK
Exchange 50 MGP for 8.12 NOK
100 MGP
16.23  NOK
Exchange 100 MGP for 16.23 NOK
200 MGP
32.47  NOK
Exchange 200 MGP for 32.47 NOK
500 MGP
81.17  NOK
Exchange 500 MGP for 81.17 NOK
1000 MGP
162.35  NOK
Exchange 1000 MGP for 162.35 NOK
5000 MGP
811.73  NOK
Exchange 5000 MGP for 811.73 NOK
10000 MGP
1,623.45  NOK
Exchange 10000 MGP for 1,623.45 NOK
In the table above, you'll find a comprehensive MGP to NOK converter that shows the value of Magpie in Norwegian Krone across commonly used conversion amounts. The list covers conversions from 1 MGP to NOK, all the way up to 10000 MGP, providing a clear view of their respective values.
Norwegian Krone
Magpie
1 NOK
6.16 MGP
Exchange 1 NOK for 6.16 MGP
10 NOK
61.6 MGP
Exchange 10 NOK for 61.6 MGP
50 NOK
307.99 MGP
Exchange 50 NOK for 307.99 MGP
100 NOK
615.97 MGP
Exchange 100 NOK for 615.97 MGP
200 NOK
1,231.94 MGP
Exchange 200 NOK for 1,231.94 MGP
500 NOK
3,079.86 MGP
Exchange 500 NOK for 3,079.86 MGP
1000 NOK
6,159.71 MGP
Exchange 1000 NOK for 6,159.71 MGP
2000 NOK
12,319.42 MGP
Exchange 2000 NOK for 12,319.42 MGP
5000 NOK
30,798.56 MGP
Exchange 5000 NOK for 30,798.56 MGP
10000 NOK
61,597.11 MGP
Exchange 10000 NOK for 61,597.11 MGP
50000 NOK
307,985.55 MGP
Exchange 50000 NOK for 307,985.55 MGP
100000 NOK
615,971.1 MGP
Exchange 100000 NOK for 615,971.1 MGP
In the table above, you'll find a comprehensive NOK to MGP converter that shows the value of Norwegian Krone in Magpie across commonly used conversion amounts. The list covers conversions from 1 NOK to MGP, all the way up to 100000 NOK, providing a clear view of their respective values.

MGP to NOK chart

MGP/NOK: 1 MGP = 0.1623 NOK; 2025/11/18 07:33:34
In the past 1D, Magpie has changed -9.32% to NOK. Based on the trend and price charts, Magpie(MGP) has changed -9.32% to NOK while Norwegian Krone(NOK) has changed % to MGP in the last 24 hours.
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MGP to NOK conversion data: Volatility and price changes of Magpie in NOK

The highest Magpie price in NOK over the past 7 days was 0.1916 NOK while the lowest Magpie price in NOK over the past 7 days was 0.1613 NOK. The relative change between the highs and lows in Magpie price in NOK over the last 7 days indicates a volatility of %. You can view additional volatility data and MGP to NOK 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
0.1791 NOK
0.1916 NOK
0.2533 NOK
0.4012 NOK
Low
0.1613 NOK
0.1613 NOK
0.1613 NOK
0.1613 NOK
Average
0 NOK
0 NOK
0 NOK
0 NOK
Volatility
%
%
%
%
Change
-9.32%
-16.57%
-31.48%
-54.89%

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Bitget P2P trading does not currently support direct buying of MGP with NOK. However, you can buy USDT in Bitget P2P trading first, and then buy MGP with USDT via Bitget spot market.
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Magpie information

MGP to NOK market statistics

MGP/NOK:
kr0.1623
MGP 24h volume:
kr358,668.57
MGP market cap:
kr82,006,329.03
MGP circulating supply:
505.14M MGP

Current MGP to NOK exchange rate

Magpie to Norwegian Krone is falling this week.
Magpie's current market price is kr0.1623 per MGP, with a total market cap of kr82,006,329.03 NOK based on a circulating supply of 505,135,300 MGP. The trading volume of Magpie has changed by +3672.23% (kr349,160.44 NOK) in the last 24 hours. Last trading day, MGP's trading volume was kr9,508.12.

More info about Magpie on Bitget

Norwegian Krone information

About the Norwegian Krone (NOK)

What Is the Norwegian Krone (NOK)?

The Norwegian Krone (NOK), symbolized as "kr" and often abbreviated as NKr, is the official currency of Norway, including its overseas territories and dependencies of Svalbard, Bouvet Island, Queen Maud Land, and Peter I Island. The term "Krone" translates to "crown" in English. It is subdivided into 100 øre, although the øre ceased to exist in physical form in 2012 and now exists only electronically.

The Norwegian Krone (NOK) is issued by Norges Bank, which is the central bank of Norway. Norges Bank is responsible for the production and distribution of the country's currency and also plays a key role in determining and implementing monetary policy in Norway. This includes managing the country's foreign exchange reserves and ensuring financial stability. The bank's decisions and policies directly influence the value and stability of the Norwegian Krone.

What Is the History of NOK?

The Krone was introduced in 1875, replacing the Norwegian speciedaler at a rate of 4 Krone = 1 speciedaler, as Norway joined the Scandinavian Monetary Union. This union, which also included Denmark and Sweden, was based on a gold standard, with 2,480 Krone equaling 1 kilogram of pure gold. The union dissolved in 1914, but the Krone remained Norway's currency. During World War II, the Krone was pegged to the Reichsmark, and post-war, it was pegged to the British pound and later the U.S. dollar. In 1992, Norway shifted to a floating exchange rate due to heavy speculation against the Krone.

Notes and Coins of NOK

Norwegians use both coins and banknotes for transactions. Coins come in denominations of 1, 5, 10, and 20 kroner, while banknotes are available in 50, 100, 200, 500, and 1,000 kroner. The banknotes feature images of prominent Norwegians and are known for their unique and modern designs, celebrating Norway’s maritime history and culture.

Exchange Rate and Economic Influence

The value of the Krone is significantly influenced by changes in oil prices and interest rates, reflecting Norway's status as a major oil exporter. The Krone’s exchange rate against other currencies, like the USD and Euro, varies considerably, often correlating with global oil market trends. For instance, during the oil crisis of 2015, the Krone fell 20% against the dollar.

Norway is moving towards becoming a cashless society, with a high level of digitalization in financial transactions. Payment apps like Vipps are popular, and the use of cash is declining, although it is still accepted, especially among older generations and in smaller retail shops.

Why Doesn’t Norway Use the Euro?

Norway does not use the euro primarily because it is not a member of the European Union (EU). As a member of the European Economic Area (EEA), Norway enjoys access to the EU's single market without the obligations of EU membership, including adopting the euro. This arrangement allows Norway to maintain economic and monetary sovereignty, enabling it to tailor its monetary policy to its unique economic conditions, especially important given its significant oil and gas revenues. Additionally, there is considerable public and political support in Norway for maintaining the Norwegian Krone (NOK), as evidenced by the results of referendums in 1972 and 1994, where Norwegian voters opted against joining the EU. The stability and strength of Norway's economy and its currency further reinforce the decision to retain the Krone instead of adopting the euro.

Is NOK a Stable Currency?

The Norwegian Krone is generally considered a stable currency, largely due to Norway's robust economy, which is underpinned by significant revenues from its oil and gas industries. As a petroleum-based currency, the NOK's value can be influenced by fluctuations in oil prices, but Norway's prudent fiscal management, including the establishment of the Government Pension Fund Global (often referred to as the Oil Fund), helps mitigate these effects. This fund invests surplus revenues from the petroleum sector in international financial markets, providing a buffer against economic shocks. Additionally, Norway's low debt levels, strong sovereign credit ratings, and effective monetary policies by Norges Bank (the country's central bank) contribute to the Krone’s overall stability.

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

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How to convert MGP to NOK

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MGP to NOK Conversion tables

The exchange rate of Magpie is decreasing.
The exchange rate of 1 MGP to Norwegian Krone has changed by -16.57% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.32%, reaching a high of 0.1791 NOK and a low of 0.1613 NOK . One month ago, the value of 1 MGP was kr0.2369 NOK , which represents a -31.48% change from its current value. Over the last year, Magpie has changed by
-kr
0.7016NOK
, resulting in a change of -81.21% in its value.
24 hours ago1 month ago1 year ago
Amount 07:33 am today 24 hours ago 24h change
0.5 MGP
kr0.08117kr0.08952
-9.32%
1 MGP
kr0.1623kr0.1790
-9.32%
5 MGP
kr0.8117kr0.8952
-9.32%
10 MGP
kr1.62kr1.79
-9.32%
50 MGP
kr8.12kr8.95
-9.32%
100 MGP
kr16.23kr17.9
-9.32%
500 MGP
kr81.17kr89.52
-9.32%
1000 MGP
kr162.35kr179.03
-9.32%

MGP to NOK FAQ

How much is 1 Magpie in NOK?
Right now, the price of 1 Magpie (MGP) in Norwegian Krone (NOK) is kr0.1623.
How much MGP can I buy for 1 NOK?
Based on the current exchange rate, you can get 6.16 MGP for 1 NOK.
How do I calculate or convert MGP to NOK?
You can use our MGP to NOK calculator at the top of this page to convert any amount of MGP to NOK. We've also included quick-reference tables for the most popular conversions. For example, 5 NOK is equivalent to 30.8 MGP, while 5 MGP will cost around 0.8117NOK.
What is the highest price of MGP/NOK in history?
The all-time high price of 1 MGP in NOK is kr2.14. It remains to be seen if the value of 1 MGP/NOK will exceed the current all-time high.
What is the price trend of Magpie in NOK?
Over the past 7 days, the exchange rate of Magpie (MGP) has gone down by 16.57%.   Over the last month, the exchange rate of Magpie (MGP) has gone down by 31.48% against Norwegian Krone (NOK).

What factors influence the conversion rate of MGP to NOK?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Magpie currency pairs: MGP to US Dollar (USD), MGP to Euro (EUR), MGP to Pound Sterling (GBP), MGP to Canadian Dollar (CAD), MGP to Indian Rupee (INR), MGP to Pakistani Rupee (PKR), MGP to Brazilian Real (BRL), MGP to…
The price of Magpie in the US is $0.01605 USD. Additionally, Magpie’s price is €0.01383 EUR in the eurozone, £0.01219 GBP in the UK, C$0.02254 CAD in Canada, ₹1.42 INR in India, ₨4.54 PKR in Pakistan, R$0.08552 BRL in Brazil, and more.
The most popular Magpie currency pair is the MGP to Norwegian Krone(NOK). The price of 1 Magpie (MGP) in Norwegian Krone (NOK) is kr0.1623.

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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.