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MAGAL to ISK Converter and calculator

MAGAL/ISK: 1 MAGAL = 0.08441 ISK. The price of converting 1 Magallaneer (MAGAL) to Icelandic Króna (ISK) is 0.08441 ISK today.
MAGAL
MAGAL
ISK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAGAL to ISK real-time exchange rates, making it easy to convert Magallaneer (MAGAL) to Icelandic Króna (ISK). The conversion result is based on real-time data. The conversion result shows that 1 MAGAL is currently valued at 0.08441 ISK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAGAL is currently valued at 0.08441 ISK, which means buying 5 MAGAL would cost 0.4221 ISK. Similarly, kr1 ISK can be converted to 11.85 MAGAL, and kr50 ISK can be converted to 59.23 MAGAL, excluding any platform or gas fees.

Convert MAGAL to ISK

Convert ISK to MAGAL

Magallaneer
Icelandic Króna
1 MAGAL
0.08441  ISK
Exchange 1 MAGAL for 0.08441 ISK
2 MAGAL
0.1688  ISK
Exchange 2 MAGAL for 0.1688 ISK
5 MAGAL
0.4221  ISK
Exchange 5 MAGAL for 0.4221 ISK
10 MAGAL
0.8441  ISK
Exchange 10 MAGAL for 0.8441 ISK
20 MAGAL
1.69  ISK
Exchange 20 MAGAL for 1.69 ISK
50 MAGAL
4.22  ISK
Exchange 50 MAGAL for 4.22 ISK
100 MAGAL
8.44  ISK
Exchange 100 MAGAL for 8.44 ISK
200 MAGAL
16.88  ISK
Exchange 200 MAGAL for 16.88 ISK
500 MAGAL
42.21  ISK
Exchange 500 MAGAL for 42.21 ISK
1000 MAGAL
84.41  ISK
Exchange 1000 MAGAL for 84.41 ISK
5000 MAGAL
422.07  ISK
Exchange 5000 MAGAL for 422.07 ISK
10000 MAGAL
844.13  ISK
Exchange 10000 MAGAL for 844.13 ISK
In the table above, you'll find a comprehensive MAGAL to ISK converter that shows the value of Magallaneer in Icelandic Króna across commonly used conversion amounts. The list covers conversions from 1 MAGAL to ISK, all the way up to 10000 MAGAL, providing a clear view of their respective values.
Icelandic Króna
Magallaneer
1 ISK
11.85 MAGAL
Exchange 1 ISK for 11.85 MAGAL
10 ISK
118.46 MAGAL
Exchange 10 ISK for 118.46 MAGAL
50 ISK
592.32 MAGAL
Exchange 50 ISK for 592.32 MAGAL
100 ISK
1,184.65 MAGAL
Exchange 100 ISK for 1,184.65 MAGAL
200 ISK
2,369.3 MAGAL
Exchange 200 ISK for 2,369.3 MAGAL
500 ISK
5,923.24 MAGAL
Exchange 500 ISK for 5,923.24 MAGAL
1000 ISK
11,846.48 MAGAL
Exchange 1000 ISK for 11,846.48 MAGAL
2000 ISK
23,692.97 MAGAL
Exchange 2000 ISK for 23,692.97 MAGAL
5000 ISK
59,232.42 MAGAL
Exchange 5000 ISK for 59,232.42 MAGAL
10000 ISK
118,464.84 MAGAL
Exchange 10000 ISK for 118,464.84 MAGAL
50000 ISK
592,324.18 MAGAL
Exchange 50000 ISK for 592,324.18 MAGAL
100000 ISK
1,184,648.36 MAGAL
Exchange 100000 ISK for 1,184,648.36 MAGAL
In the table above, you'll find a comprehensive ISK to MAGAL converter that shows the value of Icelandic Króna in Magallaneer across commonly used conversion amounts. The list covers conversions from 1 ISK to MAGAL, all the way up to 100000 ISK, providing a clear view of their respective values.

MAGAL to ISK chart

MAGAL/ISK: 1 MAGAL = 0.08441 ISK; 2025/08/09 02:21:43
In the past 1D, Magallaneer has changed +41.18% to ISK. Based on the trend and price charts, Magallaneer(MAGAL) has changed +41.18% to ISK while Icelandic Króna(ISK) has changed % to MAGAL in the last 24 hours.
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MAGAL to ISK conversion data: Volatility and price changes of Magallaneer in ISK

The highest Magallaneer price in ISK over the past 7 days was 0.1144 ISK while the lowest Magallaneer price in ISK over the past 7 days was 0.05305 ISK. The relative change between the highs and lows in Magallaneer price in ISK over the last 7 days indicates a volatility of %. You can view additional volatility data and MAGAL to ISK 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
0.1144 ISK
0.1144 ISK
0.1144 ISK
0.1144 ISK
Low
0.05963 ISK
0.05305 ISK
0.05305 ISK
0.05305 ISK
Average
0 ISK
0 ISK
0 ISK
0 ISK
Volatility
%
%
%
%
Change
+41.18%
+28.70%
+26.01%
+23.93%

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Magallaneer information

MAGAL to ISK market statistics

MAGAL/ISK:
kr0.08441
MAGAL 24h volume:
kr15,654,729.01
MAGAL market cap:
--
MAGAL circulating supply:
0 MAGAL

Current MAGAL to ISK exchange rate

Magallaneer to Icelandic Króna is rising this week.
Magallaneer's current market price is kr0.08441 per MAGAL, with a total market cap of kr0 ISK based on a circulating supply of -- MAGAL. The trading volume of Magallaneer has changed by +272.28% (kr11,449,605.41 ISK) in the last 24 hours. Last trading day, MAGAL's trading volume was kr4,205,123.6.

More info about Magallaneer on Bitget

Icelandic Króna information

About the Icelandic Króna (ISK)

What Is the Icelandic Króna (ISK)?

The Icelandic Króna, abbreviated as ISK and often denoted by the currency sign “kr”, is the official currency of Iceland. The Icelandic Króna is a unique currency, given that Iceland is one of the smallest countries by population to have its own currency and monetary policy. The Icelandic Króna is the sole legal tender in Iceland, and it is used for all transactions within the country.

The Iceland Krona is issued by the Central Bank of Iceland (Seðlabanki Íslands). The Central Bank is responsible for the production and distribution of the currency, as well as for managing Iceland's monetary policy and maintaining the stability of the króna.

What Is the History of ISK?

The króna's roots trace back to the Scandinavian Monetary Union, drawing its name from the Latin word 'corona' meaning 'crown'. Initially, Iceland used the Danish krone, but started issuing its own banknotes in 1885. The Icelandic króna became distinct from the Danish krone after World War I and Icelandic sovereignty in 1918. Due to high inflation, the króna was revalued in 1981, with 100 old króna (ISJ) equating to 1 new króna (ISK).

Notes and Coins of ISK

The Icelandic Króna (ISK) comprises a variety of coins and banknotes, each with distinct values and designs. Coins in circulation include denominations of 1 króna, 5 krónur, 10 krónur, 50 krónur, and 100 krónur. The Central Bank of Iceland issues notes in denominations of 500 krónur, 1000 krónur, 2000 krónur, 5000 krónur, and the highest value of 10,000 krónur.

Is ISK a Stable Currency?

The Icelandic Króna (ISK) has historically been subject to considerable volatility, reflecting the challenges of maintaining currency stability in a small, open economy. Particularly impacted by the 2008 financial crisis, the króna saw a dramatic devaluation, with the exchange rate plummeting from about 90 króna to the euro at the start of 2008 to around 340 króna to the euro by the end of the year. This instability was a direct consequence of the collapse of Iceland's banking sector, which underscored the currency's vulnerability to global economic shifts. Moreover, the króna's value against major currencies like the US Dollar has also been prone to significant fluctuations. For instance, in the first half of 2006, the exchange rate ranged between 50 and 80 króna per US Dollar, but by late 2008, it had depreciated to approximately 135 króna per Dollar. These examples highlight the challenges faced by the Central Bank of Iceland in stabilizing a currency heavily influenced by external economic factors and the dynamics of Iceland's tourism and fisheries-dependent economy.

Is ISK Pegged to EUR?

No, the Iceland Krona (ISK) is not pegged to the Euro. Iceland maintains its own independent currency and monetary policy through the Central Bank of Iceland (Seðlabanki Íslands). The value of the Icelandic króna is determined by the foreign exchange market, meaning it is subject to fluctuations based on market dynamics, rather than being fixed or pegged to the Euro or any other currency.

Will Iceland Adopt the Euro as Its Currency?

As of January 2024, Iceland had not made any definitive plans to adopt the Euro as its official currency. The consideration of adopting the Euro is intertwined with the broader issue of European Union (EU) membership, which Iceland has approached with caution. Following the severe impact of the 2008 financial crisis on the Icelandic economy and the Icelandic Króna (ISK), there was increased discussion about the potential benefits of Euro adoption, such as enhanced economic stability and reduced currency volatility. However, such a move would require Iceland to cede control over its monetary policy to the European Central Bank, a significant concession for a country that values its economic sovereignty. Additionally, public opinion in Iceland has been divided on this issue, reflecting concerns about national independence and the implications for key sectors like fisheries.

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

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How to convert MAGAL to ISK

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MAGAL to ISK Conversion tables

The exchange rate of Magallaneer is increasing.
The exchange rate of 1 MAGAL to Icelandic Króna has changed by +28.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by +41.18%, reaching a high of 0.1144 ISK and a low of 0.05963 ISK . One month ago, the value of 1 MAGAL was kr0.0002336 ISK , which represents a +26.01% change from its current value. Over the last year, Magallaneer has changed by
+kr
0.08418ISK
, resulting in a change of +23.93% in its value.
24 hours ago1 month ago1 year ago
Amount 02:21 am today 24 hours ago 24h change
0.5 MAGAL
kr0.04221kr0.02993
+41.18%
1 MAGAL
kr0.08441kr0.05986
+41.18%
5 MAGAL
kr0.4221kr0.2993
+41.18%
10 MAGAL
kr0.8441kr0.5986
+41.18%
50 MAGAL
kr4.22kr2.99
+41.18%
100 MAGAL
kr8.44kr5.99
+41.18%
500 MAGAL
kr42.21kr29.93
+41.18%
1000 MAGAL
kr84.41kr59.86
+41.18%

MAGAL to ISK FAQ

How much is 1 Magallaneer in ISK?
Right now, the price of 1 Magallaneer (MAGAL) in Icelandic Króna (ISK) is kr0.08441.
How much MAGAL can I buy for 1 ISK?
Based on the current exchange rate, you can get 11.85 MAGAL for 1 ISK.
How do I calculate or convert MAGAL to ISK?
You can use our MAGAL to ISK calculator at the top of this page to convert any amount of MAGAL to ISK. We've also included quick-reference tables for the most popular conversions. For example, 5 ISK is equivalent to 59.23 MAGAL, while 5 MAGAL will cost around 0.4221ISK.
What is the highest price of MAGAL/ISK in history?
The all-time high price of 1 MAGAL in ISK is kr0.1144. It remains to be seen if the value of 1 MAGAL/ISK will exceed the current all-time high.
What is the price trend of Magallaneer in ISK?
Over the past 7 days, the exchange rate of Magallaneer (MAGAL) has gone up by 28.70%.   Over the last month, the exchange rate of Magallaneer (MAGAL) has gone up by 26.01% against Icelandic Króna (ISK).

What factors influence the conversion rate of MAGAL to ISK?

There are many factors that affect the relationship between Magallaneer and Icelandic Króna, 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 MAGAL/ISK. When there is positive news in the market about the widespread adoption of MAGAL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MAGAL/ISK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAGAL/ISK.
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 MAGAL/ISK. 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 Magallaneer 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 Magallaneer currency pairs: MAGAL to US Dollar (USD), MAGAL to Euro (EUR), MAGAL to Pound Sterling (GBP), MAGAL to Canadian Dollar (CAD), MAGAL to Indian Rupee (INR), MAGAL to Pakistani Rupee (PKR), MAGAL to Brazilian Real (BRL), MAGAL to…
The price of Magallaneer in the US is $0.0006872 USD. Additionally, Magallaneer’s price is €0.0005901 EUR in the eurozone, £0.0005108 GBP in the UK, C$0.0009453 CAD in Canada, ₹0.06029 INR in India, ₨0.1949 PKR in Pakistan, R$0.003736 BRL in Brazil, and more.
The most popular Magallaneer currency pair is the MAGAL to Icelandic Króna(ISK). The price of 1 Magallaneer (MAGAL) in Icelandic Króna (ISK) is kr0.08441.

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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.