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MG8 to DZD Converter and calculator

MG8/DZD: 1 MG8 = 0.9503 DZD. The price of converting 1 Megalink (MG8) to Algerian Dinar (DZD) is 0.9503 DZD today.
MG8
MG8
DZD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MG8 to DZD real-time exchange rates, making it easy to convert Megalink (MG8) to Algerian Dinar (DZD). The conversion result is based on real-time data. The conversion result shows that 1 MG8 is currently valued at 0.95 DZD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MG8 is currently valued at 0.95 DZD, which means buying 5 MG8 would cost 4.75 DZD. Similarly, د.ج1 DZD can be converted to 1.05 MG8, and د.ج50 DZD can be converted to 5.26 MG8, excluding any platform or gas fees.

Convert MG8 to DZD

Convert DZD to MG8

Megalink
Algerian Dinar
5000 MG8
4,751.47  DZD
10000 MG8
9,502.94  DZD
In the table above, you'll find a comprehensive MG8 to DZD converter that shows the value of Megalink in Algerian Dinar across commonly used conversion amounts. The list covers conversions from 1 MG8 to DZD, all the way up to 10000 MG8, providing a clear view of their respective values.
Algerian Dinar
Megalink
10000 DZD
10,523.05 MG8
50000 DZD
52,615.27 MG8
100000 DZD
105,230.54 MG8
In the table above, you'll find a comprehensive DZD to MG8 converter that shows the value of Algerian Dinar in Megalink across commonly used conversion amounts. The list covers conversions from 1 DZD to MG8, all the way up to 100000 DZD, providing a clear view of their respective values.

MG8 to DZD chart

MG8/DZD: 1 MG8 = 0.9503 DZD; 2025/06/06 12:30:47
In the past 1D, Megalink has changed -18.91% to DZD. Based on the trend and price charts, Megalink(MG8) has changed -18.91% to DZD while Algerian Dinar(DZD) has changed % to MG8 in the last 24 hours.
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MG8 to DZD conversion data: Volatility and price changes of Megalink in DZD

The highest Megalink price in DZD over the past 7 days was 2.16 DZD while the lowest Megalink price in DZD over the past 7 days was 0.9079 DZD. The relative change between the highs and lows in Megalink price in DZD over the last 7 days indicates a volatility of %. You can view additional volatility data and MG8 to DZD 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
1.18 DZD
2.16 DZD
2.44 DZD
4.29 DZD
Low
0.9079 DZD
0.9079 DZD
0.9079 DZD
0.1840 DZD
Average
0 DZD
0 DZD
0 DZD
0 DZD
Volatility
%
%
%
%
Change
-18.91%
-35.28%
-41.09%
-65.60%

Megalink information

MG8 to DZD market statistics

MG8/DZD:
د.ج0.9503
MG8 24h volume:
د.ج823,349,475.62
MG8 market cap:
--
MG8 circulating supply:
0 MG8

Current MG8 to DZD exchange rate

Megalink to Algerian Dinar is falling this week.
Megalink's current market price is د.ج0.9503 per MG8, with a total market cap of د.ج0 DZD based on a circulating supply of -- MG8. The trading volume of Megalink has changed by +400.90% (د.ج658,975,224.02 DZD) in the last 24 hours. Last trading day, MG8's trading volume was د.ج164,374,251.59.

More info about Megalink on Bitget

Algerian Dinar information

About Algerian Dinar (DZD)

The Algerian Dinar (DZD), the official currency of Algeria, embodies the country's rich history, cultural heritage, and economic aspirations. It is commonly abbreviated as DZD and represented by the symbol د.ج. Introduced in 1964, two years after Algeria's independence from France, the Dinar is more than just a medium of exchange. It represents Algerias journey through post-colonial recovery, socialist policies, and gradual economic liberalization.

Historical Background

The transition to the Algerian Dinar from the Algerian Franc symbolized a significant break from the colonial past and a step towards economic sovereignty. This change was part of a broader movement to assert national identity and foster economic independence in the newly liberated nation.

Design and Symbolism

The design of the Algerian Dinar reflects the country’s historical and cultural legacy. Banknotes and coins feature prominent figures from Algeria’s past, including ancient heroes and modern leaders. They also showcase landmarks, like the Maqam Echahid monument, and natural wonders, symbolizing Algeria's diverse landscapes from the Mediterranean coast to the Sahara desert. These elements are not just decorative; they are powerful symbols of Algeria’s identity and pride.

Economic Role

The Dinar is central to Algeria’s economy, characterized by its significant oil and gas reserves. The currency facilitates trade in these key sectors, as well as in agriculture, manufacturing, and services. The value and stability of the Dinar are crucial for economic growth, affecting everything from government revenue to the cost of imports.

Monetary Policy and Inflation

Managed by the Bank of Algeria, the country’s central bank, the Dinar’s value is influenced by monetary policies, global oil prices, and foreign exchange reserves. The bank faces the challenge of controlling inflation while maintaining sufficient foreign exchange reserves, critical in an economy heavily reliant on hydrocarbon exports.

Bitget crypto-to-fiat exchange data shows that the most popular Megalink currency pair is the MG8 to DZD, with for Megalink's currency code being MG8. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DZD.

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How to convert MG8 to DZD

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Bitget P2P trading does not currently support direct buying of MG8 with DZD. However, you can buy USDT in Bitget P2P trading first, and then buy MG8 with USDT via Bitget spot market.
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MG8 to DZD Conversion tables

The exchange rate of Megalink is decreasing.
The exchange rate of 1 MG8 to Algerian Dinar has changed by -35.28% in the last 7 days. In the last 24 hours, the rate has fluctuated by -18.91%, reaching a high of 1.18 DZD and a low of 0.9079 DZD . One month ago, the value of 1 MG8 was د.ج1.61 DZD , which represents a -41.09% change from its current value. Over the last year, Megalink has changed by
-د.ج
8.5DZD
, resulting in a change of -89.93% in its value.
24 hours ago1 month ago1 year ago
Amount12:30 today24 hours ago24h change
0.5 MG8
د.ج0.4751د.ج0.5861
-18.91%
1 MG8
د.ج0.9503د.ج1.17
-18.91%
5 MG8
د.ج4.75د.ج5.86
-18.91%
10 MG8
د.ج9.5د.ج11.72
-18.91%
50 MG8
د.ج47.51د.ج58.61
-18.91%
100 MG8
د.ج95.03د.ج117.23
-18.91%
500 MG8
د.ج475.15د.ج586.14
-18.91%
1000 MG8
د.ج950.29د.ج1,172.27
-18.91%

MG8 to DZD FAQ

How much is 1 Megalink in DZD?
Right now, the price of 1 Megalink (MG8) in Algerian Dinar (DZD) is د.ج0.9503.
How much MG8 can I buy for 1 DZD?
Based on the current exchange rate, you can get 1.05 MG8 for 1 DZD.
How do I calculate or convert MG8 to DZD?
You can use our MG8 to DZD calculator at the top of this page to convert any amount of MG8 to DZD. We've also included quick-reference tables for the most popular conversions. For example, 5 DZD is equivalent to 5.26 MG8, while 5 MG8 will cost around 4.75DZD.
What is the highest price of MG8/DZD in history?
The all-time high price of 1 MG8 in DZD is د.ج9.46. It remains to be seen if the value of 1 MG8/DZD will exceed the current all-time high.
What is the price trend of Megalink in DZD?
Over the past 7 days, the exchange rate of Megalink (MG8) has gone down by 35.28%.   Over the last month, the exchange rate of Megalink (MG8) has gone down by 41.09% against Algerian Dinar (DZD).

What factors influence the conversion rate of MG8 to DZD?

There are many factors that affect the relationship between Megalink and Algerian Dinar, 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 MG8/DZD. When there is positive news in the market about the widespread adoption of MG8 or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MG8/DZD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MG8/DZD.
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 MG8/DZD. 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 Megalink 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.