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GMFI to EGP Converter and calculator

GMFI/EGP: 1 GMFI = 0.04961 EGP. The price of converting 1 Golden Magfi (GMFI) to Egyptian Pound (EGP) is 0.04961 EGP today.
GMFI
GMFI
EGP
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GMFI to EGP real-time exchange rates, making it easy to convert Golden Magfi (GMFI) to Egyptian Pound (EGP). The conversion result is based on real-time data. The conversion result shows that 1 GMFI is currently valued at 0.05 EGP. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GMFI is currently valued at 0.05 EGP, which means buying 5 GMFI would cost 0.25 EGP. Similarly, £1 EGP can be converted to 20.16 GMFI, and £50 EGP can be converted to 100.78 GMFI, excluding any platform or gas fees.

Convert GMFI to EGP

Convert EGP to GMFI

Golden Magfi
Egyptian Pound
5000 GMFI
248.06  EGP
10000 GMFI
496.13  EGP
In the table above, you'll find a comprehensive GMFI to EGP converter that shows the value of Golden Magfi in Egyptian Pound across commonly used conversion amounts. The list covers conversions from 1 GMFI to EGP, all the way up to 10000 GMFI, providing a clear view of their respective values.
Egyptian Pound
Golden Magfi
1000 EGP
20,156.06 GMFI
2000 EGP
40,312.13 GMFI
5000 EGP
100,780.31 GMFI
10000 EGP
201,560.63 GMFI
50000 EGP
1,007,803.13 GMFI
100000 EGP
2,015,606.26 GMFI
In the table above, you'll find a comprehensive EGP to GMFI converter that shows the value of Egyptian Pound in Golden Magfi across commonly used conversion amounts. The list covers conversions from 1 EGP to GMFI, all the way up to 100000 EGP, providing a clear view of their respective values.

GMFI to EGP chart

GMFI/EGP: 1 GMFI = 0.04961 EGP; 2025/04/30 22:19:28
In the past 1D, Golden Magfi has changed -1.53% to EGP. Based on the trend and price charts, Golden Magfi(GMFI) has changed -1.53% to EGP while Egyptian Pound(EGP) has changed % to GMFI in the last 24 hours.
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GMFI to EGP conversion data: Volatility and price changes of Golden Magfi in EGP

The highest Golden Magfi price in EGP over the past 7 days was 0.08994 EGP while the lowest Golden Magfi price in EGP over the past 7 days was 0.04866 EGP. The relative change between the highs and lows in Golden Magfi price in EGP over the last 7 days indicates a volatility of %. You can view additional volatility data and GMFI to EGP prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.05069 EGP
0.08994 EGP
0.09846 EGP
0.3665 EGP
Low
0.04891 EGP
0.04866 EGP
0.04851 EGP
0.04851 EGP
Average
0 EGP
0 EGP
0 EGP
0 EGP
Volatility
%
%
%
%
Change
-1.53%
+1.97%
-35.67%
-85.50%

Golden Magfi information

GMFI to EGP market statistics

GMFI/EGP:
£0.04961
GMFI 24h volume:
£6,704.37
GMFI market cap:
--
GMFI circulating supply:
0 GMFI

Current GMFI to EGP exchange rate

Golden Magfi to Egyptian Pound is rising this week.
Golden Magfi's current market price is £0.04961 per GMFI, with a total market cap of £0 EGP based on a circulating supply of -- GMFI. The trading volume of Golden Magfi has changed by +72.95% (£2,827.98 EGP) in the last 24 hours. Last trading day, GMFI's trading volume was £3,876.39.

More info about Golden Magfi on Bitget

Egyptian Pound information

About Egyptian Pound (EGP)

The Egyptian Pound (EGP), the official currency of Egypt, is not only a medium of exchange but also a symbol of Egypt’s rich history and evolving economic landscape. It is commonly abbreviated as EGP and represented by the symbol £. From the times of the Pharaohs to the modern era, Egypt has been a center of civilization and commerce. The Pound, introduced in the early 19th century, has played a pivotal role in this journey, reflecting the country's economic resilience and aspirations.

Historical Background

The Egyptian Pound was first introduced in 1834, replacing the piastre as the chief unit of currency. This transition marked Egypt’s gradual move towards a modern economy. The currency's establishment coincided with Muhammad Ali Pasha’s reign, often considered the founder of modern Egypt, who introduced various reforms to modernize the Egyptian economy.

Design and Symbolism

The design of the Egyptian Pound is a testament to Egypt's unique blend of rich ancient heritage and modern aspirations. The banknotes feature iconic symbols and figures from Egypt’s long history, including pharaohs, ancient monuments like the Pyramids of Giza, and modern leaders who have shaped the country’s recent history. These designs not only serve an economic purpose but also reflect national identity and pride.

Economic Role

The Pound is central to Egypt's economy, a mixed economy with agriculture, industry, and services sectors. It underpins these sectors by facilitating domestic and international trade. The stability and value of the Pound are vital for economic growth, influencing foreign investment, government revenue, and the standard of living.

The Pound in International Trade

Egypt's strategic location as a bridge between Africa and the Middle East, and its control of the Suez Canal, a key global shipping lane, make the Egyptian Pound significant in regional and international trade. The currency's performance against major currencies like the US Dollar and the Euro impacts Egypt's trade balance and economic health.

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

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How to convert GMFI to EGP

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GMFI to EGP Conversion tables

The exchange rate of Golden Magfi is decreasing.
The exchange rate of 1 GMFI to Egyptian Pound has changed by +1.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.53%, reaching a high of 0.05069 EGP and a low of 0.04891 EGP . One month ago, the value of 1 GMFI was £0.07713 EGP , which represents a -35.67% change from its current value. Over the last year, Golden Magfi has changed by
-£
7.48EGP
, resulting in a change of -99.34% in its value.
24 hours ago1 month ago1 year ago
Amount22:19 today24 hours ago24h change
0.5 GMFI£0.02481£0.02519
-1.53%
1 GMFI£0.04961£0.05038
-1.53%
5 GMFI£0.2481£0.2519
-1.53%
10 GMFI£0.4961£0.5038
-1.53%
50 GMFI£2.48£2.52
-1.53%
100 GMFI£4.96£5.04
-1.53%
500 GMFI£24.81£25.19
-1.53%
1000 GMFI£49.61£50.38
-1.53%

GMFI to EGP FAQ

How much is 1 Golden Magfi in EGP?
Right now, the price of 1 Golden Magfi (GMFI) in Egyptian Pound (EGP) is £0.04961.
How much GMFI can I buy for 1 EGP?
Based on the current exchange rate, you can get 20.16 GMFI for 1 EGP.
How do I calculate or convert GMFI to EGP?
You can use our GMFI to EGP calculator at the top of this page to convert any amount of GMFI to EGP. We've also included quick-reference tables for the most popular conversions. For example, 5 EGP is equivalent to 100.78 GMFI, while 5 GMFI will cost around 0.2481EGP.
What is the highest price of GMFI/EGP in history?
The all-time high price of 1 GMFI in EGP is £12.65. It remains to be seen if the value of 1 GMFI/EGP will exceed the current all-time high.
What is the price trend of Golden Magfi in EGP?
Over the past 7 days, the exchange rate of Golden Magfi (GMFI) has gone up by 1.97%.   Over the last month, the exchange rate of Golden Magfi (GMFI) has gone down by 35.67% against Egyptian Pound (EGP).

What factors influence the conversion rate of GMFI to EGP?

There are many factors that affect the relationship between Golden Magfi and Egyptian Pound, 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 GMFI/EGP. When there is positive news in the market about the widespread adoption of GMFI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GMFI/EGP. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GMFI/EGP.
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 GMFI/EGP. 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 Golden Magfi and adjust their investment strategies accordingly in the evolving market.

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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.