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GMG to ZAR Converter and calculator

GMG/ZAR: 1 GMG = 0.005433 ZAR. The price of converting 1 Goblin Mine Game (GMG) to South African rand (ZAR) is 0.005433 ZAR today.
GMG
GMG
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GMG to ZAR real-time exchange rates, making it easy to convert Goblin Mine Game (GMG) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 GMG is currently valued at 0.005433 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GMG is currently valued at 0.005433 ZAR, which means buying 5 GMG would cost 0.02717 ZAR. Similarly, R1 ZAR can be converted to 184.04 GMG, and R50 ZAR can be converted to 920.22 GMG, excluding any platform or gas fees.

Convert GMG to ZAR

Convert ZAR to GMG

Goblin Mine Game
South African rand
1 GMG
0.005433  ZAR
Exchange 1 GMG for 0.005433 ZAR
2 GMG
0.01087  ZAR
Exchange 2 GMG for 0.01087 ZAR
5 GMG
0.02717  ZAR
Exchange 5 GMG for 0.02717 ZAR
10 GMG
0.05433  ZAR
Exchange 10 GMG for 0.05433 ZAR
20 GMG
0.1087  ZAR
Exchange 20 GMG for 0.1087 ZAR
50 GMG
0.2717  ZAR
Exchange 50 GMG for 0.2717 ZAR
100 GMG
0.5433  ZAR
Exchange 100 GMG for 0.5433 ZAR
200 GMG
1.09  ZAR
Exchange 200 GMG for 1.09 ZAR
500 GMG
2.72  ZAR
Exchange 500 GMG for 2.72 ZAR
1000 GMG
5.43  ZAR
Exchange 1000 GMG for 5.43 ZAR
5000 GMG
27.17  ZAR
Exchange 5000 GMG for 27.17 ZAR
10000 GMG
54.33  ZAR
Exchange 10000 GMG for 54.33 ZAR
In the table above, you'll find a comprehensive GMG to ZAR converter that shows the value of Goblin Mine Game in South African rand across commonly used conversion amounts. The list covers conversions from 1 GMG to ZAR, all the way up to 10000 GMG, providing a clear view of their respective values.
South African rand
Goblin Mine Game
1 ZAR
184.04 GMG
Exchange 1 ZAR for 184.04 GMG
10 ZAR
1,840.45 GMG
Exchange 10 ZAR for 1,840.45 GMG
50 ZAR
9,202.24 GMG
Exchange 50 ZAR for 9,202.24 GMG
100 ZAR
18,404.48 GMG
Exchange 100 ZAR for 18,404.48 GMG
200 ZAR
36,808.96 GMG
Exchange 200 ZAR for 36,808.96 GMG
500 ZAR
92,022.4 GMG
Exchange 500 ZAR for 92,022.4 GMG
1000 ZAR
184,044.81 GMG
Exchange 1000 ZAR for 184,044.81 GMG
2000 ZAR
368,089.62 GMG
Exchange 2000 ZAR for 368,089.62 GMG
5000 ZAR
920,224.05 GMG
Exchange 5000 ZAR for 920,224.05 GMG
10000 ZAR
1,840,448.1 GMG
Exchange 10000 ZAR for 1,840,448.1 GMG
50000 ZAR
9,202,240.48 GMG
Exchange 50000 ZAR for 9,202,240.48 GMG
100000 ZAR
18,404,480.97 GMG
Exchange 100000 ZAR for 18,404,480.97 GMG
In the table above, you'll find a comprehensive ZAR to GMG converter that shows the value of South African rand in Goblin Mine Game across commonly used conversion amounts. The list covers conversions from 1 ZAR to GMG, all the way up to 100000 ZAR, providing a clear view of their respective values.

GMG to ZAR chart

GMG/ZAR: 1 GMG = 0.005433 ZAR; 2025/09/19 18:37:12
In the past 1D, Goblin Mine Game has changed -3.00% to ZAR. Based on the trend and price charts, Goblin Mine Game(GMG) has changed -3.00% to ZAR while South African rand(ZAR) has changed % to GMG in the last 24 hours.
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GMG to ZAR conversion data: Volatility and price changes of Goblin Mine Game in ZAR

The highest Goblin Mine Game price in ZAR over the past 7 days was 0.005602 ZAR while the lowest Goblin Mine Game price in ZAR over the past 7 days was 0.005433 ZAR. The relative change between the highs and lows in Goblin Mine Game price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and GMG to ZAR 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
0.005602 ZAR
0.005602 ZAR
0.005648 ZAR
0.005658 ZAR
Low
0.005433 ZAR
0.005433 ZAR
0.005364 ZAR
0.005364 ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
-3.00%
-2.29%
-1.49%
-0.45%

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Buy GMG (or USDT) for ZAR (South African Rand) offers
Bitget P2P trading does not currently support direct buying of GMG with ZAR. However, you can buy USDT in Bitget P2P trading first, and then buy GMG with USDT via Bitget spot market.
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Goblin Mine Game information

GMG to ZAR market statistics

GMG/ZAR:
R0.005433
GMG 24h volume:
--
GMG market cap:
--
GMG circulating supply:
0 GMG

Current GMG to ZAR exchange rate

Goblin Mine Game to South African rand is falling this week.
Goblin Mine Game's current market price is R0.005433 per GMG, with a total market cap of R0 ZAR based on a circulating supply of -- GMG. The trading volume of Goblin Mine Game has changed by 0.00% (R0 ZAR) in the last 24 hours. Last trading day, GMG's trading volume was R0.

More info about Goblin Mine Game on Bitget

South African rand information

About the South African Rand (ZAR)

What Is the South African Rand (ZAR)?

The South African Rand, designated as ZAR and symbolized as R, is the official currency of the Republic of South Africa. It is also recognized in the Common Monetary Area, shared with Lesotho, Namibia, and Eswatini, where it circulates alongside local currencies. The Rand is subdivided into 100 cents.

The South African Rand is issued by the South African Reserve Bank (SARB). The SARB is the central bank of South Africa and is responsible for the production and distribution of banknotes and coins in the country. It oversees the monetary policy and maintains financial stability in South Africa, playing a crucial role in the economy of the nation.

What Is the History of ZAR?

The Rand takes its name from the Witwatersrand, meaning "white waters' ridge" in Afrikaans, which is the location of Johannesburg and a major gold-mining area. Introduced in 1961 when South Africa became a republic, it replaced the South African pound at a rate of 2 Rand to 1 pound.

Notes and Coins of ZAR

South African coins are issued in denominations of 1, 2, 5, 10, 20, and 50 cents, and 1, 2, and 5 Rands. Banknotes are available in 10, 20, 50, 100, and 200 Rand denominations. Since 2012, banknotes have featured Nelson Mandela on the front and the "Big Five" wild animals on the back. Commemorative notes released in 2018 feature Mandela's images.

Exchange Rate History of ZAR

Initially, the Rand was strong, trading at 1.40 USD in its early years. However, due to inflation and international opposition to apartheid, its value declined. By 1985, it traded at 2 Rands per USD and continued to depreciate, reaching over 6 ZAR/USD by 1999 and nearly 14 ZAR/USD by 2001. After recovering to about 6-to-1 against the dollar by 2006, it faced another decline due to a slowdown in the mining industry and global economic factors. In 2016, it reached an all-time low of nearly 18 ZAR/USD.

What Is The Common Monetary Area?

The Common Monetary Area (CMA) is a monetary union in Southern Africa comprising South Africa, Namibia, Lesotho, and Eswatini. It facilitates the free movement of capital and services among these nations, with the South African Rand (ZAR) serving as the primary currency. Within this union, while each member country has its own currency, the Rand is also legal tender and the local currencies are pegged at par with the Rand. This arrangement ensures economic stability and fosters cooperation among the member states. The South African Reserve Bank plays a pivotal role in influencing the monetary policy across the CMA, thereby promoting a higher degree of economic integration and facilitating seamless trade and financial transactions across these national borders.

Is ZAR a Stable Currency?

The South African Rand (ZAR) has historically exhibited a degree of volatility, influenced by a combination of domestic challenges and global economic factors. Internally, issues such as political uncertainty, governance concerns, and high unemployment rates have impacted its stability, while externally, it remains sensitive to global market sentiments and fluctuations in commodity prices, notably gold, given South Africa's status as a major producer. Although there have been phases where the Rand demonstrated resilience, its nature as an emerging market currency often subjects it to rapid valuation shifts in response to both local and international events. This characteristic renders the Rand more volatile compared to currencies from more economically stable regions, leading to a general perception of it being less stable, especially when measured against major global currencies like the US Dollar.

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

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How to convert GMG to ZAR

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GMG to ZAR Conversion tables

The exchange rate of Goblin Mine Game is decreasing.
The exchange rate of 1 GMG to South African rand has changed by -2.29% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.00%, reaching a high of 0.005602 ZAR and a low of 0.005433 ZAR . One month ago, the value of 1 GMG was R0.005516 ZAR , which represents a -1.49% change from its current value. Over the last year, Goblin Mine Game has changed by
+R
0.005433ZAR
, resulting in a change of +1.31% in its value.
24 hours ago1 month ago1 year ago
Amount 18:37 today 24 hours ago 24h change
0.5 GMG
R0.002717R0.002801
-3.00%
1 GMG
R0.005433R0.005602
-3.00%
5 GMG
R0.02717R0.02801
-3.00%
10 GMG
R0.05433R0.05602
-3.00%
50 GMG
R0.2717R0.2801
-3.00%
100 GMG
R0.5433R0.5602
-3.00%
500 GMG
R2.72R2.8
-3.00%
1000 GMG
R5.43R5.6
-3.00%

GMG to ZAR FAQ

How much is 1 Goblin Mine Game in ZAR?
Right now, the price of 1 Goblin Mine Game (GMG) in South African rand (ZAR) is R0.005433.
How much GMG can I buy for 1 ZAR?
Based on the current exchange rate, you can get 184.04 GMG for 1 ZAR.
How do I calculate or convert GMG to ZAR?
You can use our GMG to ZAR calculator at the top of this page to convert any amount of GMG to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 920.22 GMG, while 5 GMG will cost around 0.02717ZAR.
What is the highest price of GMG/ZAR in history?
The all-time high price of 1 GMG in ZAR is R0.007003. It remains to be seen if the value of 1 GMG/ZAR will exceed the current all-time high.
What is the price trend of Goblin Mine Game in ZAR?
Over the past 7 days, the exchange rate of Goblin Mine Game (GMG) has gone down by 2.29%.   Over the last month, the exchange rate of Goblin Mine Game (GMG) has gone down by 1.49% against South African rand (ZAR).

What factors influence the conversion rate of GMG to ZAR?

There are many factors that affect the relationship between Goblin Mine Game and South African rand, 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 GMG/ZAR. When there is positive news in the market about the widespread adoption of GMG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GMG/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GMG/ZAR.
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 GMG/ZAR. 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 Goblin Mine Game 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 Goblin Mine Game currency pairs: GMG to US Dollar (USD), GMG to Euro (EUR), GMG to Pound Sterling (GBP), GMG to Canadian Dollar (CAD), GMG to Indian Rupee (INR), GMG to Pakistani Rupee (PKR), GMG to Brazilian Real (BRL), GMG to…
The price of Goblin Mine Game in the US is $0.0003130 USD. Additionally, Goblin Mine Game’s price is €0.0002665 EUR in the eurozone, £0.0002323 GBP in the UK, C$0.0004312 CAD in Canada, ₹0.02758 INR in India, ₨0.08887 PKR in Pakistan, R$0.001667 BRL in Brazil, and more.
The most popular Goblin Mine Game currency pair is the GMG to South African rand(ZAR). The price of 1 Goblin Mine Game (GMG) in South African rand (ZAR) is R0.005433.

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