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MAG to HUF Converter and calculator

MAG/HUF: 1 MAG = 0.08104 HUF. The price of converting 1 Magnetix (MAG) to Hungarian Forint (HUF) is 0.08104 HUF today.
MAG
MAG
HUF
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAG to HUF real-time exchange rates, making it easy to convert Magnetix (MAG) to Hungarian Forint (HUF). The conversion result is based on real-time data. The conversion result shows that 1 MAG is currently valued at 0.08104 HUF. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAG is currently valued at 0.08104 HUF, which means buying 5 MAG would cost 0.4052 HUF. Similarly, Ft1 HUF can be converted to 12.34 MAG, and Ft50 HUF can be converted to 61.7 MAG, excluding any platform or gas fees.

Convert MAG to HUF

Convert HUF to MAG

Magnetix
Hungarian Forint
1 MAG
0.08104  HUF
Exchange 1 MAG for 0.08104 HUF
2 MAG
0.1621  HUF
Exchange 2 MAG for 0.1621 HUF
5 MAG
0.4052  HUF
Exchange 5 MAG for 0.4052 HUF
10 MAG
0.8104  HUF
Exchange 10 MAG for 0.8104 HUF
20 MAG
1.62  HUF
Exchange 20 MAG for 1.62 HUF
50 MAG
4.05  HUF
Exchange 50 MAG for 4.05 HUF
100 MAG
8.1  HUF
Exchange 100 MAG for 8.1 HUF
200 MAG
16.21  HUF
Exchange 200 MAG for 16.21 HUF
500 MAG
40.52  HUF
Exchange 500 MAG for 40.52 HUF
1000 MAG
81.04  HUF
Exchange 1000 MAG for 81.04 HUF
5000 MAG
405.2  HUF
Exchange 5000 MAG for 405.2 HUF
10000 MAG
810.41  HUF
Exchange 10000 MAG for 810.41 HUF
In the table above, you'll find a comprehensive MAG to HUF converter that shows the value of Magnetix in Hungarian Forint across commonly used conversion amounts. The list covers conversions from 1 MAG to HUF, all the way up to 10000 MAG, providing a clear view of their respective values.
Hungarian Forint
Magnetix
1 HUF
12.34 MAG
Exchange 1 HUF for 12.34 MAG
10 HUF
123.4 MAG
Exchange 10 HUF for 123.4 MAG
50 HUF
616.98 MAG
Exchange 50 HUF for 616.98 MAG
100 HUF
1,233.95 MAG
Exchange 100 HUF for 1,233.95 MAG
200 HUF
2,467.9 MAG
Exchange 200 HUF for 2,467.9 MAG
500 HUF
6,169.75 MAG
Exchange 500 HUF for 6,169.75 MAG
1000 HUF
12,339.5 MAG
Exchange 1000 HUF for 12,339.5 MAG
2000 HUF
24,679 MAG
Exchange 2000 HUF for 24,679 MAG
5000 HUF
61,697.5 MAG
Exchange 5000 HUF for 61,697.5 MAG
10000 HUF
123,395 MAG
Exchange 10000 HUF for 123,395 MAG
50000 HUF
616,975.01 MAG
Exchange 50000 HUF for 616,975.01 MAG
100000 HUF
1,233,950.02 MAG
Exchange 100000 HUF for 1,233,950.02 MAG
In the table above, you'll find a comprehensive HUF to MAG converter that shows the value of Hungarian Forint in Magnetix across commonly used conversion amounts. The list covers conversions from 1 HUF to MAG, all the way up to 100000 HUF, providing a clear view of their respective values.

MAG to HUF chart

MAG/HUF: 1 MAG = 0.08104 HUF; 2025/09/21 02:24:13
In the past 1D, Magnetix has changed +1.20% to HUF. Based on the trend and price charts, Magnetix(MAG) has changed +1.20% to HUF while Hungarian Forint(HUF) has changed % to MAG in the last 24 hours.
1D7D1M3M1YAll

MAG to HUF conversion data: Volatility and price changes of Magnetix in HUF

The highest Magnetix price in HUF over the past 7 days was 0.08376 HUF while the lowest Magnetix price in HUF over the past 7 days was 0.07811 HUF. The relative change between the highs and lows in Magnetix price in HUF over the last 7 days indicates a volatility of %. You can view additional volatility data and MAG 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
0.08104 HUF
0.08376 HUF
0.08376 HUF
0.1828 HUF
Low
0.08003 HUF
0.07811 HUF
0.06880 HUF
0.06676 HUF
Average
0 HUF
0 HUF
0 HUF
0 HUF
Volatility
%
%
%
%
Change
+1.20%
-1.06%
+21.39%
-23.34%

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Magnetix information

MAG to HUF market statistics

MAG/HUF:
Ft0.08104
MAG 24h volume:
--
MAG market cap:
--
MAG circulating supply:
0 MAG

Current MAG to HUF exchange rate

Magnetix to Hungarian Forint is falling this week.
Magnetix's current market price is Ft0.08104 per MAG, with a total market cap of Ft0 HUF based on a circulating supply of -- MAG. The trading volume of Magnetix has changed by 0.00% (Ft0 HUF) in the last 24 hours. Last trading day, MAG's trading volume was Ft0.

More info about Magnetix 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 Magnetix currency pair is the MAG to HUF, with for Magnetix's currency code being MAG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for HUF.

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How to convert MAG to HUF

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MAG to HUF Conversion tables

The exchange rate of Magnetix is increasing.
The exchange rate of 1 MAG to Hungarian Forint has changed by -1.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.20%, reaching a high of 0.08104 HUF and a low of 0.08003 HUF . One month ago, the value of 1 MAG was Ft0.06676 HUF , which represents a +21.39% change from its current value. Over the last year, Magnetix has changed by
+Ft
0.08104HUF
, resulting in a change of -18.14% in its value.
24 hours ago1 month ago1 year ago
Amount 02:24 am today 24 hours ago 24h change
0.5 MAG
Ft0.04052Ft0.04004
+1.20%
1 MAG
Ft0.08104Ft0.08008
+1.20%
5 MAG
Ft0.4052Ft0.4004
+1.20%
10 MAG
Ft0.8104Ft0.8008
+1.20%
50 MAG
Ft4.05Ft4
+1.20%
100 MAG
Ft8.1Ft8.01
+1.20%
500 MAG
Ft40.52Ft40.04
+1.20%
1000 MAG
Ft81.04Ft80.08
+1.20%

MAG to HUF FAQ

How much is 1 Magnetix in HUF?
Right now, the price of 1 Magnetix (MAG) in Hungarian Forint (HUF) is Ft0.08104.
How much MAG can I buy for 1 HUF?
Based on the current exchange rate, you can get 12.34 MAG for 1 HUF.
How do I calculate or convert MAG to HUF?
You can use our MAG to HUF calculator at the top of this page to convert any amount of MAG to HUF. We've also included quick-reference tables for the most popular conversions. For example, 5 HUF is equivalent to 61.7 MAG, while 5 MAG will cost around 0.4052HUF.
What is the highest price of MAG/HUF in history?
The all-time high price of 1 MAG in HUF is Ft11.92. It remains to be seen if the value of 1 MAG/HUF will exceed the current all-time high.
What is the price trend of Magnetix in HUF?
Over the past 7 days, the exchange rate of Magnetix (MAG) has gone down by 1.06%.   Over the last month, the exchange rate of Magnetix (MAG) has gone up by 21.39% against Hungarian Forint (HUF).

What factors influence the conversion rate of MAG to HUF?

There are many factors that affect the relationship between Magnetix 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 MAG/HUF. When there is positive news in the market about the widespread adoption of MAG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MAG/HUF. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAG/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 MAG/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 Magnetix 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 Magnetix currency pairs: MAG to US Dollar (USD), MAG to Euro (EUR), MAG to Pound Sterling (GBP), MAG to Canadian Dollar (CAD), MAG to Indian Rupee (INR), MAG to Pakistani Rupee (PKR), MAG to Brazilian Real (BRL), MAG to…
The price of Magnetix in the US is $0.0002438 USD. Additionally, Magnetix’s price is €0.0002075 EUR in the eurozone, £0.0001809 GBP in the UK, C$0.0003360 CAD in Canada, ₹0.02148 INR in India, ₨0.06921 PKR in Pakistan, R$0.001298 BRL in Brazil, and more.
The most popular Magnetix currency pair is the MAG to Hungarian Forint(HUF). The price of 1 Magnetix (MAG) in Hungarian Forint (HUF) is Ft0.08104.

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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.