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MagnetGold to Chinese Yuan (MTG to CNY)

MTG to CNY Converter and calculator

MTG/CNY: 1 MTG = 0.07797 CNY. The price of converting 1 MagnetGold (MTG) to Chinese Yuan (CNY) is 0.07797 CNY today.
MTG
MTG
CNY
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MTG to CNY real-time exchange rates, making it easy to convert MagnetGold (MTG) to Chinese Yuan (CNY). The conversion result is based on real-time data. The conversion result shows that 1 MTG is currently valued at 0.07797 CNY. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MTG is currently valued at 0.07797 CNY, which means buying 5 MTG would cost 0.3899 CNY. Similarly, ¥1 CNY can be converted to 12.82 MTG, and ¥50 CNY can be converted to 64.12 MTG, excluding any platform or gas fees.

Convert MTG to CNY

Convert CNY to MTG

MagnetGold
Chinese Yuan
1 MTG
0.07797  CNY
Exchange 1 MTG for 0.07797 CNY
2 MTG
0.1559  CNY
Exchange 2 MTG for 0.1559 CNY
5 MTG
0.3899  CNY
Exchange 5 MTG for 0.3899 CNY
10 MTG
0.7797  CNY
Exchange 10 MTG for 0.7797 CNY
20 MTG
1.56  CNY
Exchange 20 MTG for 1.56 CNY
50 MTG
3.9  CNY
Exchange 50 MTG for 3.9 CNY
100 MTG
7.8  CNY
Exchange 100 MTG for 7.8 CNY
200 MTG
15.59  CNY
Exchange 200 MTG for 15.59 CNY
500 MTG
38.99  CNY
Exchange 500 MTG for 38.99 CNY
1000 MTG
77.97  CNY
Exchange 1000 MTG for 77.97 CNY
5000 MTG
389.87  CNY
Exchange 5000 MTG for 389.87 CNY
10000 MTG
779.74  CNY
Exchange 10000 MTG for 779.74 CNY
In the table above, you'll find a comprehensive MTG to CNY converter that shows the value of MagnetGold in Chinese Yuan across commonly used conversion amounts. The list covers conversions from 1 MTG to CNY, all the way up to 10000 MTG, providing a clear view of their respective values.
Chinese Yuan
MagnetGold
1 CNY
12.82 MTG
Exchange 1 CNY for 12.82 MTG
10 CNY
128.25 MTG
Exchange 10 CNY for 128.25 MTG
50 CNY
641.24 MTG
Exchange 50 CNY for 641.24 MTG
100 CNY
1,282.47 MTG
Exchange 100 CNY for 1,282.47 MTG
200 CNY
2,564.94 MTG
Exchange 200 CNY for 2,564.94 MTG
500 CNY
6,412.36 MTG
Exchange 500 CNY for 6,412.36 MTG
1000 CNY
12,824.72 MTG
Exchange 1000 CNY for 12,824.72 MTG
2000 CNY
25,649.45 MTG
Exchange 2000 CNY for 25,649.45 MTG
5000 CNY
64,123.62 MTG
Exchange 5000 CNY for 64,123.62 MTG
10000 CNY
128,247.24 MTG
Exchange 10000 CNY for 128,247.24 MTG
50000 CNY
641,236.22 MTG
Exchange 50000 CNY for 641,236.22 MTG
100000 CNY
1,282,472.44 MTG
Exchange 100000 CNY for 1,282,472.44 MTG
In the table above, you'll find a comprehensive CNY to MTG converter that shows the value of Chinese Yuan in MagnetGold across commonly used conversion amounts. The list covers conversions from 1 CNY to MTG, all the way up to 100000 CNY, providing a clear view of their respective values.

MTG to CNY chart

MTG/CNY: 1 MTG = 0.07797 CNY; 2025/12/26 12:46:52
In the past 1D, MagnetGold has changed +4.37% to CNY. Based on the trend and price charts, MagnetGold(MTG) has changed +4.37% to CNY while Chinese Yuan(CNY) has changed % to MTG in the last 24 hours.
1D7D1M3M1YAll

MTG to CNY conversion data: Volatility and price changes of in CNY

The highest price in CNY over the past 7 days was 0.1587 CNY while the lowest price in CNY over the past 7 days was 0.07136 CNY. The relative change between the highs and lows in price in CNY over the last 7 days indicates a volatility of %. You can view additional volatility data and MTG to CNY 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
0.1491 CNY
0.1587 CNY
0.1642 CNY
0.1655 CNY
Low
0.07395 CNY
0.07136 CNY
0.07136 CNY
0.07136 CNY
Average
0 CNY
0 CNY
0 CNY
0 CNY
Volatility
%
%
%
%
Change
+4.37%
-47.17%
-48.17%
-50.49%

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MagnetGold information

MTG to CNY market statistics

MTG/CNY:
¥0.07797
MTG 24h volume:
¥12.76
MTG market cap:
--
MTG circulating supply:
0 MTG

Current MTG to CNY exchange rate

MagnetGold to Chinese Yuan is falling this week.
MagnetGold's current market price is ¥0.07797 per MTG, with a total market cap of ¥0 CNY based on a circulating supply of -- MTG. The trading volume of MagnetGold has changed by +220.87% (¥8.78 CNY) in the last 24 hours. Last trading day, MTG's trading volume was ¥3.98.

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Chinese Yuan information

About the Chinese Yuan (CNY)

What Is the Chinese Yuan (CNY)?

The Chinese Yuan, denoted as CNY and symbolized by ¥, is the official currency of the People's Republic of China. It's also known as Renminbi (RMB), which translates to "People's Currency". The basic unit of the Renminbi is the yuan, and it's often used to refer to the Chinese currency, especially in international contexts. One yuan is subdivided into 10 jiao, and a jiao is further divided into 10 fen. The Chinese Yuan is the sole legal tender in the People's Republic of China.

The Chinese Yuan is issued by the People's Bank of China (PBOC), the monetary authority of the People's Republic of China. The PBOC oversees the production, distribution, and regulation of the currency, ensuring its stability and integrity in the financial system. In addition to managing the physical banknotes and coins, the central bank also regulates digital forms of the currency, including the recently introduced Digital Yuan.

What Is the History of CNY?

The Chinese Yuan was introduced by the People's Bank of China in December 1948, replacing various currencies circulating in the Communist-controlled areas. The currency underwent several revaluations, the most significant of which occurred in 1955, to combat hyperinflation. Initially pegged to the US dollar, the Chinese Yuan's value was adjusted to improve the competitiveness of Chinese exports as China transitioned to a market economy. Since 2006, the Yuan exchange rate has been allowed to float within a narrow margin around a fixed base rate, determined with reference to a basket of world currencies.

Notes and Coins of CNY

The Chinese Yuan is available in both coin and banknote forms. Coins range from ¥0.01 to ¥1, and banknotes are available in denominations from ¥0.1 to ¥100. The design and features of these notes and coins have evolved over time, with the latest series featuring advanced security features.

What is Digital Yuan (e-CNY)?

The Digital Yuan, also known as the Digital Currency Electronic Payment (DCEP), is the digital form of the People's Republic of China's official currency, the Renminbi (RMB). Launched in response to the rising trend of cashless transactions and the global shift towards digital currencies, the Digital Yuan aims to enhance transaction efficiency, bolster monetary policy, and provide a secure alternative to physical cash. Unlike decentralized cryptocurrencies, it operates under a centralized system, ensuring alignment with China's financial policies. The Digital Yuan features "controllable anonymity," balancing user privacy with state oversight to prevent illegal activities. Its introduction, marked by pilot programs in various cities and prominent use during the 2022 Winter Olympics, positions China as a leader in the realm of digital currencies issued by major economies and signals a significant shift in the global financial landscape towards embracing digital currency technology.

What Is the Difference Between CNY and RMB?

The terms "CNY" and "RMB" are often used interchangeably when referring to the currency of the People's Republic of China, but they have slightly different meanings:

RMB (Renminbi): The term "Renminbi," which means "People's Currency" in Mandarin, is the official name of the currency of China. It represents the currency system as a whole. Renminbi is the broader term that denotes the medium of exchange provided by the People's Bank of China.

CNY (Chinese Yuan): The term "Yuan" refers to the unit of the Renminbi currency. CNY is the international ISO currency code for the Chinese Yuan. When financial transactions are conducted internationally, or when exchange rates are mentioned, the abbreviation "CNY" is typically used.

In summary, while RMB refers to the currency system of China, CNY specifically denotes the unit of that currency used in international trading and financial contexts.

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

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How to convert MTG to CNY

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MTG to CNY Conversion tables

The exchange rate of MagnetGold is decreasing.
The exchange rate of 1 MTG to Chinese Yuan has changed by -47.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.37%, reaching a high of 0.1491 CNY and a low of 0.07395 CNY . One month ago, the value of 1 MTG was ¥0.1497 CNY , which represents a -48.17% change from its current value. Over the last year, MagnetGold has changed by
-¥
0.1383CNY
, resulting in a change of -64.18% in its value.
24 hours ago1 month ago1 year ago
Amount 12:46 today 24 hours ago 24h change
0.5 MTG
¥0.03899¥0.03737
+4.37%
1 MTG
¥0.07797¥0.07475
+4.37%
5 MTG
¥0.3899¥0.3737
+4.37%
10 MTG
¥0.7797¥0.7475
+4.37%
50 MTG
¥3.9¥3.74
+4.37%
100 MTG
¥7.8¥7.47
+4.37%
500 MTG
¥38.99¥37.37
+4.37%
1000 MTG
¥77.97¥74.75
+4.37%

MTG to CNY FAQ

How much is 1 MagnetGold in CNY?
Right now, the price of 1 MagnetGold (MTG) in Chinese Yuan (CNY) is ¥0.07797.
How much MTG can I buy for 1 CNY?
Based on the current exchange rate, you can get 12.82 MTG for 1 CNY.
How do I calculate or convert MTG to CNY?
You can use our MTG to CNY calculator at the top of this page to convert any amount of MTG to CNY. We've also included quick-reference tables for the most popular conversions. For example, 5 CNY is equivalent to 64.12 MTG, while 5 MTG will cost around 0.3899CNY.
What is the highest price of MTG/CNY in history?
The all-time high price of 1 MTG in CNY is ¥8.32. It remains to be seen if the value of 1 MTG/CNY will exceed the current all-time high.
What is the price trend of in CNY?
Over the past 7 days, the exchange rate of MagnetGold (MTG) has gone down by 47.17%.   Over the last month, the exchange rate of MagnetGold (MTG) has gone down by 48.17% against Chinese Yuan (CNY).

What factors influence the conversion rate of MTG to CNY?

There are many factors that affect the relationship between MagnetGold and Chinese Yuan, 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 MTG/CNY. When there is positive news in the market about the widespread adoption of MTG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MTG/CNY. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MTG/CNY.
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 MTG/CNY. 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 MagnetGold 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 MagnetGold currency pairs: MTG to US Dollar (USD), MTG to Euro (EUR), MTG to Pound Sterling (GBP), MTG to Canadian Dollar (CAD), MTG to Indian Rupee (INR), MTG to Pakistani Rupee (PKR), MTG to Brazilian Real (BRL), MTG to…
The price of MagnetGold in the US is $0.01113 USD. Additionally, MagnetGold’s price is €0.009449 EUR in the eurozone, £0.008248 GBP in the UK, C$0.01523 CAD in Canada, ₹1 INR in India, ₨3.12 PKR in Pakistan, R$0.06172 BRL in Brazil, and more.
The most popular MagnetGold currency pair is the MTG to Chinese Yuan(CNY). The price of 1 MagnetGold (MTG) in Chinese Yuan (CNY) is ¥0.07797.

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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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