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Magnetix to Swedish Krona (MAG to SEK)

MAG to SEK Converter and calculator

MAG/SEK: 1 MAG = 0.0005864 SEK. The price of converting 1 Magnetix (MAG) to Swedish Krona (SEK) is 0.0005864 SEK today.
MAG
MAG
SEK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAG to SEK real-time exchange rates, making it easy to convert Magnetix (MAG) to Swedish Krona (SEK). The conversion result is based on real-time data. The conversion result shows that 1 MAG is currently valued at 0.0005864 SEK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAG is currently valued at 0.0005864 SEK, which means buying 5 MAG would cost 0.002932 SEK. Similarly, kr1 SEK can be converted to 1,705.38 MAG, and kr50 SEK can be converted to 8,526.88 MAG, excluding any platform or gas fees.

Convert MAG to SEK

Convert SEK to MAG

Magnetix
Swedish Krona
1 MAG
0.0005864  SEK
Exchange 1 MAG for 0.0005864 SEK
2 MAG
0.001173  SEK
Exchange 2 MAG for 0.001173 SEK
5 MAG
0.002932  SEK
Exchange 5 MAG for 0.002932 SEK
10 MAG
0.005864  SEK
Exchange 10 MAG for 0.005864 SEK
20 MAG
0.01173  SEK
Exchange 20 MAG for 0.01173 SEK
50 MAG
0.02932  SEK
Exchange 50 MAG for 0.02932 SEK
100 MAG
0.05864  SEK
Exchange 100 MAG for 0.05864 SEK
200 MAG
0.1173  SEK
Exchange 200 MAG for 0.1173 SEK
500 MAG
0.2932  SEK
Exchange 500 MAG for 0.2932 SEK
1000 MAG
0.5864  SEK
Exchange 1000 MAG for 0.5864 SEK
5000 MAG
2.93  SEK
Exchange 5000 MAG for 2.93 SEK
10000 MAG
5.86  SEK
Exchange 10000 MAG for 5.86 SEK
In the table above, you'll find a comprehensive MAG to SEK converter that shows the value of Magnetix in Swedish Krona across commonly used conversion amounts. The list covers conversions from 1 MAG to SEK, all the way up to 10000 MAG, providing a clear view of their respective values.
Swedish Krona
Magnetix
1 SEK
1,705.38 MAG
Exchange 1 SEK for 1,705.38 MAG
10 SEK
17,053.76 MAG
Exchange 10 SEK for 17,053.76 MAG
50 SEK
85,268.78 MAG
Exchange 50 SEK for 85,268.78 MAG
100 SEK
170,537.57 MAG
Exchange 100 SEK for 170,537.57 MAG
200 SEK
341,075.14 MAG
Exchange 200 SEK for 341,075.14 MAG
500 SEK
852,687.84 MAG
Exchange 500 SEK for 852,687.84 MAG
1000 SEK
1,705,375.68 MAG
Exchange 1000 SEK for 1,705,375.68 MAG
2000 SEK
3,410,751.35 MAG
Exchange 2000 SEK for 3,410,751.35 MAG
5000 SEK
8,526,878.38 MAG
Exchange 5000 SEK for 8,526,878.38 MAG
10000 SEK
17,053,756.75 MAG
Exchange 10000 SEK for 17,053,756.75 MAG
50000 SEK
85,268,783.75 MAG
Exchange 50000 SEK for 85,268,783.75 MAG
100000 SEK
170,537,567.51 MAG
Exchange 100000 SEK for 170,537,567.51 MAG
In the table above, you'll find a comprehensive SEK to MAG converter that shows the value of Swedish Krona in Magnetix across commonly used conversion amounts. The list covers conversions from 1 SEK to MAG, all the way up to 100000 SEK, providing a clear view of their respective values.

MAG to SEK chart

MAG/SEK: 1 MAG = 0.0005864 SEK; 2026/01/01 15:27:15
In the past 1D, Magnetix has changed +0.00% to SEK. Based on the trend and price charts, Magnetix(MAG) has changed +0.00% to SEK while Swedish Krona(SEK) has changed % to MAG in the last 24 hours.
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MAG to SEK conversion data: Volatility and price changes of Magnetix in SEK

The highest Magnetix price in SEK over the past 7 days was 0.0006269 SEK while the lowest Magnetix price in SEK over the past 7 days was 0.0005652 SEK. The relative change between the highs and lows in Magnetix price in SEK over the last 7 days indicates a volatility of %. You can view additional volatility data and MAG to SEK 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
0.0005864 SEK
0.0006269 SEK
0.0006999 SEK
0.002030 SEK
Low
0.0005830 SEK
0.0005652 SEK
0.0005504 SEK
0.0005504 SEK
Average
0 SEK
0 SEK
0 SEK
0 SEK
Volatility
%
%
%
%
Change
+0.00%
+3.75%
-4.01%
-69.87%

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Magnetix information

MAG to SEK market statistics

MAG/SEK:
kr0.0005864
MAG 24h volume:
--
MAG market cap:
--
MAG circulating supply:
0 MAG

Current MAG to SEK exchange rate

Magnetix to Swedish Krona is rising this week.
Magnetix's current market price is kr0.0005864 per MAG, with a total market cap of kr0 SEK based on a circulating supply of -- MAG. The trading volume of Magnetix has changed by 0.00% (kr0 SEK) in the last 24 hours. Last trading day, MAG's trading volume was kr0.

More info about Magnetix on Bitget

Swedish Krona information

About the Swedish Krona (SEK)

What Is the Swedish Krona (SEK)?

The Swedish Krona (SEK), often referred to as the Swedish crown, is the official currency of Sweden. The term "krona" means "crown" in Swedish, which is a fitting name for the currency of the Kingdom of Sweden. The SEK is represented by the ISO code SEK and each krona is subdivided into 100 öre. The Swedish Krona is the sole legal tender in Sweden, and it is used for all transactions within the country.

The Swedish Krona (SEK) is issued by Sveriges Riksbank, also known as the Swedish Central Bank or Riksbanken. Sveriges Riksbank is the central bank of Sweden and is responsible for issuing the country's currency, including both banknotes and coins. As the central bank, Riksbanken also plays a key role in maintaining the stability of the Swedish financial system and implementing the country's monetary policy.

What Is the History of SEK?

The adoption of the Krona was a result of the Scandinavian Monetary Union formed in 1876, which included Sweden, Denmark, and Norway. Initially, the Krona was linked to the gold standard, with its value defined as 1/2480 kilograms of pure gold. This union lasted until the outbreak of World War I, after which the countries retained the currency names but moved to separate currencies.

Notes and Coins of SEK

Coins are issued in denominations of 1, 2, 5, and 10 kronor, reflecting a blend of traditional and modern design elements that symbolize Sweden's rich heritage and progressive values. The banknotes, on the other hand, are available in denominations of 20, 50, 100, 200, 500, and 1000 kronor, each featuring notable Swedish figures and cultural landmarks, and are renowned for their advanced security features.

What Is e-Krona?

In recent years, Sweden has seen a substantial decline in the use of cash, leading to the exploration of a digital currency, the e-Krona. The digital currency is operated by the Riksbank. The concept of the e-Krona is to offer a state-issued digital currency, accessible to everyone, and functioning alongside traditional banknotes and coins. The e-Krona would not replace cash but rather serve as an additional payment option, ensuring the public's continued access to state money in a digital form. It's designed to strengthen the resilience of the payment market by providing an alternative to private money, such as bank deposits, and to foster financial inclusion. The Riksbank has been actively exploring various technical solutions for the e-Krona and examining legal aspects to ensure a clear mandate for its issuance.

Why Does Sweden Not Use the Euro?

Sweden has not adopted the Euro as its currency due to the outcome of a 2003 referendum in which the majority of Swedish voters, approximately 56%, opposed the switch from the Swedish Krona to the Euro. This decision was influenced by several factors, including concerns about losing control over national monetary policy and the desire to preserve the Krona as a symbol of national sovereignty. Economic considerations also played a significant role, as there were apprehensions about the potential impact on inflation and interest rates, coupled with the strong performance of the Swedish economy and the Krona compared to some Eurozone countries.

Is SEK a Stable Currency?

The Swedish Krona (SEK) is generally considered a stable currency. This stability is attributed to Sweden's robust economy, effective monetary policies, and a strong institutional framework. The Riksbank, Sweden's central bank, plays a crucial role in maintaining this stability through its monetary policy decisions. Historically, the SEK has shown resilience in the face of global economic uncertainties, and its value has been relatively stable compared to other major currencies. The economic outlook for Sweden often influences the Krona's strength, and the country's commitment to maintaining a balanced budget and low public debt contributes to the currency's stability. While all currencies are subject to market fluctuations, the SEK's stability is supported by Sweden's solid economic fundamentals and prudent fiscal policies.

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

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How to convert MAG to SEK

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MAG to SEK Conversion tables

The exchange rate of Magnetix is decreasing.
The exchange rate of 1 MAG to Swedish Krona has changed by +3.75% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.00%, reaching a high of 0.0005864 SEK and a low of 0.0005830 SEK . One month ago, the value of 1 MAG was kr0.0006109 SEK , which represents a -4.01% change from its current value. Over the last year, Magnetix has changed by
+kr
0.0005864SEK
, resulting in a change of -78.39% in its value.
24 hours ago1 month ago1 year ago
Amount 15:27 today 24 hours ago 24h change
0.5 MAG
kr0.0002932kr0.0002932
+0.00%
1 MAG
kr0.0005864kr0.0005864
+0.00%
5 MAG
kr0.002932kr0.002932
+0.00%
10 MAG
kr0.005864kr0.005864
+0.00%
50 MAG
kr0.02932kr0.02932
+0.00%
100 MAG
kr0.05864kr0.05864
+0.00%
500 MAG
kr0.2932kr0.2932
+0.00%
1000 MAG
kr0.5864kr0.5864
+0.00%

MAG to SEK FAQ

How much is 1 Magnetix in SEK?
Right now, the price of 1 Magnetix (MAG) in Swedish Krona (SEK) is kr0.0005864.
How much MAG can I buy for 1 SEK?
Based on the current exchange rate, you can get 1,705.38 MAG for 1 SEK.
How do I calculate or convert MAG to SEK?
You can use our MAG to SEK calculator at the top of this page to convert any amount of MAG to SEK. We've also included quick-reference tables for the most popular conversions. For example, 5 SEK is equivalent to 8,526.88 MAG, while 5 MAG will cost around 0.002932SEK.
What is the highest price of MAG/SEK in history?
The all-time high price of 1 MAG in SEK is kr0.3308. It remains to be seen if the value of 1 MAG/SEK will exceed the current all-time high.
What is the price trend of Magnetix in SEK?
Over the past 7 days, the exchange rate of Magnetix (MAG) has gone up by 3.75%.   Over the last month, the exchange rate of Magnetix (MAG) has gone down by 4.01% against Swedish Krona (SEK).

What factors influence the conversion rate of MAG to SEK?

There are many factors that affect the relationship between Magnetix and Swedish Krona, 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/SEK. 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/SEK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAG/SEK.
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/SEK. 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.C$0.{4}87236355 USD. Additionally, Magnetix’s price is €0.{4}5417 EUR in the eurozone, £0.{4}4726 GBP in the UK, {4} CAD in Canada, ₹0.005719 INR in India, ₨0.01781 PKR in Pakistan, R$0.0003505 BRL in Brazil, and more.
The most popular Magnetix currency pair is the MAG to Swedish Krona(SEK). The price of 1 Magnetix (MAG) in Swedish Krona (SEK) is kr0.0005864.

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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.
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