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MGP to SAR Converter and calculator

MGP/SAR: 1 MGP = 0.1430 SAR. The price of converting 1 Magpie (MGP) to Saudi Riyal (SAR) is 0.1430 SAR today.
MGP
MGP
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MGP to SAR real-time exchange rates, making it easy to convert Magpie (MGP) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 MGP is currently valued at 0.1430 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MGP is currently valued at 0.1430 SAR, which means buying 5 MGP would cost 0.7148 SAR. Similarly, ر.س1 SAR can be converted to 7 MGP, and ر.س50 SAR can be converted to 34.98 MGP, excluding any platform or gas fees.

Convert MGP to SAR

Convert SAR to MGP

Magpie
Saudi Riyal
1 MGP
0.1430  SAR
Exchange 1 MGP for 0.1430 SAR
2 MGP
0.2859  SAR
Exchange 2 MGP for 0.2859 SAR
5 MGP
0.7148  SAR
Exchange 5 MGP for 0.7148 SAR
10 MGP
1.43  SAR
Exchange 10 MGP for 1.43 SAR
20 MGP
2.86  SAR
Exchange 20 MGP for 2.86 SAR
50 MGP
7.15  SAR
Exchange 50 MGP for 7.15 SAR
100 MGP
14.3  SAR
Exchange 100 MGP for 14.3 SAR
200 MGP
28.59  SAR
Exchange 200 MGP for 28.59 SAR
500 MGP
71.48  SAR
Exchange 500 MGP for 71.48 SAR
1000 MGP
142.96  SAR
Exchange 1000 MGP for 142.96 SAR
5000 MGP
714.78  SAR
Exchange 5000 MGP for 714.78 SAR
10000 MGP
1,429.57  SAR
Exchange 10000 MGP for 1,429.57 SAR
In the table above, you'll find a comprehensive MGP to SAR converter that shows the value of Magpie in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 MGP to SAR, all the way up to 10000 MGP, providing a clear view of their respective values.
Saudi Riyal
Magpie
1 SAR
7 MGP
Exchange 1 SAR for 7 MGP
10 SAR
69.95 MGP
Exchange 10 SAR for 69.95 MGP
50 SAR
349.76 MGP
Exchange 50 SAR for 349.76 MGP
100 SAR
699.51 MGP
Exchange 100 SAR for 699.51 MGP
200 SAR
1,399.03 MGP
Exchange 200 SAR for 1,399.03 MGP
500 SAR
3,497.56 MGP
Exchange 500 SAR for 3,497.56 MGP
1000 SAR
6,995.13 MGP
Exchange 1000 SAR for 6,995.13 MGP
2000 SAR
13,990.26 MGP
Exchange 2000 SAR for 13,990.26 MGP
5000 SAR
34,975.65 MGP
Exchange 5000 SAR for 34,975.65 MGP
10000 SAR
69,951.29 MGP
Exchange 10000 SAR for 69,951.29 MGP
50000 SAR
349,756.45 MGP
Exchange 50000 SAR for 349,756.45 MGP
100000 SAR
699,512.91 MGP
Exchange 100000 SAR for 699,512.91 MGP
In the table above, you'll find a comprehensive SAR to MGP converter that shows the value of Saudi Riyal in Magpie across commonly used conversion amounts. The list covers conversions from 1 SAR to MGP, all the way up to 100000 SAR, providing a clear view of their respective values.

MGP to SAR chart

MGP/SAR: 1 MGP = 0.1430 SAR; 2025/08/03 19:35:24
In the past 1D, Magpie has changed +2.00% to SAR. Based on the trend and price charts, Magpie(MGP) has changed +2.00% to SAR while Saudi Riyal(SAR) has changed % to MGP in the last 24 hours.
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MGP to SAR conversion data: Volatility and price changes of Magpie in SAR

The highest Magpie price in SAR over the past 7 days was 0.1986 SAR while the lowest Magpie price in SAR over the past 7 days was 0.1566 SAR. The relative change between the highs and lows in Magpie price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and MGP to SAR 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
0.1828 SAR
0.1986 SAR
0.2371 SAR
0.2781 SAR
Low
0.1782 SAR
0.1566 SAR
0.1566 SAR
0.07796 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
+2.00%
-7.53%
-17.88%
+28.76%

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Magpie information

MGP to SAR market statistics

MGP/SAR:
ر.س0.1430
MGP 24h volume:
ر.س6,962.13
MGP market cap:
ر.س68,577,077.58
MGP circulating supply:
479.71M MGP

Current MGP to SAR exchange rate

Magpie to Saudi Riyal is falling this week.
Magpie's current market price is ر.س0.1430 per MGP, with a total market cap of ر.س68,577,077.58 SAR based on a circulating supply of 479,705,540 MGP. The trading volume of Magpie has changed by -91.65% (ر.س-76,463.67 SAR) in the last 24 hours. Last trading day, MGP's trading volume was ر.س83,425.8.

More info about Magpie on Bitget

Saudi Riyal information

About Saudi Riyal (SAR)

The Saudi Riyal (SAR), introduced in 1925, is not just the official currency of Saudi Arabia; it is a symbol of the nation's economic prosperity and cultural heritage. It is commonly abbreviated as SAR and represented by the symbol ر.س. Emerging alongside the founding of Saudi Arabia, the Riyal reflects the country's transformation from a desert kingdom to a global oil powerhouse.

Historical Background

The establishment of the Saudi Riyal was a key step in consolidating the economic foundations of the newly formed Kingdom of Saudi Arabia. Replacing the Hejaz Riyal and other regional currencies, the Saudi Riyal marked the unification of the Kingdom's monetary system, mirroring its political consolidation under King Abdulaziz Al Saud.

Design and Symbolism

The design of the Saudi Riyal combines elements of Saudi Arabia's rich history and Islamic heritage. Banknotes and coins feature intricate Islamic art, images of the King, and landmarks such as the Kaaba in Mecca and the Kingdom Centre in Riyadh. These designs do more than facilitate transactions; they are a celebration of Saudi identity and pride.

Economic Role

The Riyal is central to Saudi Arabia’s economy, underpinned by the country's vast oil reserves. As the medium of exchange, it supports the oil sector, which dominates the economy, and facilitates other key sectors like construction, finance, and tourism. The Riyal’s stability is crucial for the country's economic health and its role in global energy markets.

Monetary Policy and Stability

Managed by the Saudi Arabian Monetary Authority (SAMA), the Riyal is pegged to the US Dollar, reflecting the longstanding economic relationship between Saudi Arabia and the United States, particularly in the oil sector. This peg provides stability to the Riyal, but it also ties its fortunes to the fluctuations of the US economy and dollar.

International Trade and the Saudi Riyal

In international trade, the stability of the Riyal, especially given its peg to the US Dollar, is crucial for Saudi Arabia's oil exports. A stable Riyal is vital for maintaining competitive oil prices in global markets and for the country's extensive import needs.

Remittances and Economic Impact

Remittances from expatriates working in Saudi Arabia, particularly in the oil, construction, and service sectors, are significant. While these remittances involve substantial outflows of Riyals, they also reflect the country's role as a major employer in the region.

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

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How to convert MGP to SAR

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MGP to SAR Conversion tables

The exchange rate of Magpie is decreasing.
The exchange rate of 1 MGP to Saudi Riyal has changed by -7.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.00%, reaching a high of 0.1828 SAR and a low of 0.1782 SAR . One month ago, the value of 1 MGP was ر.س0.1826 SAR , which represents a -17.88% change from its current value. Over the last year, Magpie has changed by
-ر.س
0.1720SAR
, resulting in a change of -48.59% in its value.
24 hours ago1 month ago1 year ago
Amount 19:35 today 24 hours ago 24h change
0.5 MGP
ر.س0.07148ر.س0.06969
+2.00%
1 MGP
ر.س0.1430ر.س0.1394
+2.00%
5 MGP
ر.س0.7148ر.س0.6969
+2.00%
10 MGP
ر.س1.43ر.س1.39
+2.00%
50 MGP
ر.س7.15ر.س6.97
+2.00%
100 MGP
ر.س14.3ر.س13.94
+2.00%
500 MGP
ر.س71.48ر.س69.69
+2.00%
1000 MGP
ر.س142.96ر.س139.39
+2.00%

MGP to SAR FAQ

How much is 1 Magpie in SAR?
Right now, the price of 1 Magpie (MGP) in Saudi Riyal (SAR) is ر.س0.1430.
How much MGP can I buy for 1 SAR?
Based on the current exchange rate, you can get 7 MGP for 1 SAR.
How do I calculate or convert MGP to SAR?
You can use our MGP to SAR calculator at the top of this page to convert any amount of MGP to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 34.98 MGP, while 5 MGP will cost around 0.7148SAR.
What is the highest price of MGP/SAR in history?
The all-time high price of 1 MGP in SAR is ر.س0.7917. It remains to be seen if the value of 1 MGP/SAR will exceed the current all-time high.
What is the price trend of Magpie in SAR?
Over the past 7 days, the exchange rate of Magpie (MGP) has gone down by 7.53%.   Over the last month, the exchange rate of Magpie (MGP) has gone down by 17.88% against Saudi Riyal (SAR).

What factors influence the conversion rate of MGP to SAR?

There are many factors that affect the relationship between Magpie and Saudi Riyal, 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/SAR. 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/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MGP/SAR.
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/SAR. 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 $0.03811 USD. Additionally, Magpie’s price is €0.03288 EUR in the eurozone, £0.02876 GBP in the UK, C$0.05260 CAD in Canada, ₹3.32 INR in India, ₨10.65 PKR in Pakistan, R$0.2111 BRL in Brazil, and more.
The most popular Magpie currency pair is the MGP to Saudi Riyal(SAR). The price of 1 Magpie (MGP) in Saudi Riyal (SAR) is ر.س0.1430.

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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.