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MBG to ZAR Converter and calculator

MBG/ZAR: 1 MBG = 20.12 ZAR. The price of converting 1 MultiBank Group (MBG) to South African rand (ZAR) is 20.12 ZAR today.
MBG
MBG
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MBG to ZAR real-time exchange rates, making it easy to convert MultiBank Group (MBG) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 MBG is currently valued at 20.12 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MBG is currently valued at 20.12 ZAR, which means buying 5 MBG would cost 100.58 ZAR. Similarly, R1 ZAR can be converted to 0.04971 MBG, and R50 ZAR can be converted to 0.2485 MBG, excluding any platform or gas fees.

Convert MBG to ZAR

Convert ZAR to MBG

MultiBank Group
South African rand
1 MBG
20.12  ZAR
Exchange 1 MBG for 20.12 ZAR
2 MBG
40.23  ZAR
Exchange 2 MBG for 40.23 ZAR
5 MBG
100.58  ZAR
Exchange 5 MBG for 100.58 ZAR
10 MBG
201.17  ZAR
Exchange 10 MBG for 201.17 ZAR
20 MBG
402.33  ZAR
Exchange 20 MBG for 402.33 ZAR
50 MBG
1,005.84  ZAR
Exchange 50 MBG for 1,005.84 ZAR
100 MBG
2,011.67  ZAR
Exchange 100 MBG for 2,011.67 ZAR
200 MBG
4,023.34  ZAR
Exchange 200 MBG for 4,023.34 ZAR
500 MBG
10,058.35  ZAR
Exchange 500 MBG for 10,058.35 ZAR
1000 MBG
20,116.71  ZAR
Exchange 1000 MBG for 20,116.71 ZAR
5000 MBG
100,583.54  ZAR
Exchange 5000 MBG for 100,583.54 ZAR
10000 MBG
201,167.08  ZAR
Exchange 10000 MBG for 201,167.08 ZAR
In the table above, you'll find a comprehensive MBG to ZAR converter that shows the value of MultiBank Group in South African rand across commonly used conversion amounts. The list covers conversions from 1 MBG to ZAR, all the way up to 10000 MBG, providing a clear view of their respective values.
South African rand
MultiBank Group
1 ZAR
0.04971 MBG
Exchange 1 ZAR for 0.04971 MBG
10 ZAR
0.4971 MBG
Exchange 10 ZAR for 0.4971 MBG
50 ZAR
2.49 MBG
Exchange 50 ZAR for 2.49 MBG
100 ZAR
4.97 MBG
Exchange 100 ZAR for 4.97 MBG
200 ZAR
9.94 MBG
Exchange 200 ZAR for 9.94 MBG
500 ZAR
24.85 MBG
Exchange 500 ZAR for 24.85 MBG
1000 ZAR
49.71 MBG
Exchange 1000 ZAR for 49.71 MBG
2000 ZAR
99.42 MBG
Exchange 2000 ZAR for 99.42 MBG
5000 ZAR
248.55 MBG
Exchange 5000 ZAR for 248.55 MBG
10000 ZAR
497.1 MBG
Exchange 10000 ZAR for 497.1 MBG
50000 ZAR
2,485.5 MBG
Exchange 50000 ZAR for 2,485.5 MBG
100000 ZAR
4,970.99 MBG
Exchange 100000 ZAR for 4,970.99 MBG
In the table above, you'll find a comprehensive ZAR to MBG converter that shows the value of South African rand in MultiBank Group across commonly used conversion amounts. The list covers conversions from 1 ZAR to MBG, all the way up to 100000 ZAR, providing a clear view of their respective values.

MBG to ZAR chart

MBG/ZAR: 1 MBG = 20.12 ZAR; 2025/09/19 00:13:36
In the past 1D, MultiBank Group has changed +0.23% to ZAR. Based on the trend and price charts, MultiBank Group(MBG) has changed +0.23% to ZAR while South African rand(ZAR) has changed % to MBG in the last 24 hours.
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MBG to ZAR conversion data: Volatility and price changes of MultiBank Group in ZAR

The highest MultiBank Group price in ZAR over the past 7 days was 22.38 ZAR while the lowest MultiBank Group price in ZAR over the past 7 days was 19.97 ZAR. The relative change between the highs and lows in MultiBank Group price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and MBG 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
20.27 ZAR
22.38 ZAR
41.71 ZAR
47.69 ZAR
Low
20.02 ZAR
19.97 ZAR
19.97 ZAR
6.13 ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
+0.23%
-9.41%
-46.75%
+215.38%

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

MBG to ZAR market statistics

MBG/ZAR:
R20.12
MBG 24h volume:
R395,058,482.67
MBG market cap:
R1,671,505,909.27
MBG circulating supply:
83.09M MBG

Current MBG to ZAR exchange rate

MultiBank Group to South African rand is falling this week.
MultiBank Group's current market price is R20.12 per MBG, with a total market cap of R1,671,505,909.27 ZAR based on a circulating supply of 83,090,424 MBG. The trading volume of MultiBank Group has changed by +27.84% (R86,031,794.01 ZAR) in the last 24 hours. Last trading day, MBG's trading volume was R309,026,688.65.

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

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MBG to ZAR Conversion tables

The exchange rate of MultiBank Group is decreasing.
The exchange rate of 1 MBG to South African rand has changed by -9.41% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.23%, reaching a high of 20.27 ZAR and a low of 20.02 ZAR . One month ago, the value of 1 MBG was R37.77 ZAR , which represents a -46.75% change from its current value. Over the last year, MultiBank Group has changed by
+R
2.75ZAR
, resulting in a change of +215.38% in its value.
24 hours ago1 month ago1 year ago
Amount 00:13 am today 24 hours ago 24h change
0.5 MBG
R10.06R10.03
+0.23%
1 MBG
R20.12R20.07
+0.23%
5 MBG
R100.58R100.35
+0.23%
10 MBG
R201.17R200.7
+0.23%
50 MBG
R1,005.84R1,003.48
+0.23%
100 MBG
R2,011.67R2,006.96
+0.23%
500 MBG
R10,058.35R10,034.79
+0.23%
1000 MBG
R20,116.71R20,069.58
+0.23%

MBG to ZAR FAQ

How much is 1 MultiBank Group in ZAR?
Right now, the price of 1 MultiBank Group (MBG) in South African rand (ZAR) is R20.12.
How much MBG can I buy for 1 ZAR?
Based on the current exchange rate, you can get 0.04971 MBG for 1 ZAR.
How do I calculate or convert MBG to ZAR?
You can use our MBG to ZAR calculator at the top of this page to convert any amount of MBG to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 0.2485 MBG, while 5 MBG will cost around 100.58ZAR.
What is the highest price of MBG/ZAR in history?
The all-time high price of 1 MBG in ZAR is R47.69. It remains to be seen if the value of 1 MBG/ZAR will exceed the current all-time high.
What is the price trend of MultiBank Group in ZAR?
Over the past 7 days, the exchange rate of MultiBank Group (MBG) has gone down by 9.41%.   Over the last month, the exchange rate of MultiBank Group (MBG) has gone down by 46.75% against South African rand (ZAR).

What factors influence the conversion rate of MBG to ZAR?

There are many factors that affect the relationship between MultiBank Group 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 MBG/ZAR. When there is positive news in the market about the widespread adoption of MBG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MBG/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MBG/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 MBG/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 MultiBank Group 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 MultiBank Group currency pairs: MBG to US Dollar (USD), MBG to Euro (EUR), MBG to Pound Sterling (GBP), MBG to Canadian Dollar (CAD), MBG to Indian Rupee (INR), MBG to Pakistani Rupee (PKR), MBG to Brazilian Real (BRL), MBG to…
The price of MultiBank Group in the US is $1.16 USD. Additionally, MultiBank Group’s price is €0.9830 EUR in the eurozone, £0.8547 GBP in the UK, C$1.6 CAD in Canada, ₹102.2 INR in India, ₨327.83 PKR in Pakistan, R$6.15 BRL in Brazil, and more.
The most popular MultiBank Group currency pair is the MBG to South African rand(ZAR). The price of 1 MultiBank Group (MBG) in South African rand (ZAR) is R20.12.

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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.