Bitget converter provides MBG to KHR real-time exchange rates, making it easy to convert MultiBank Group (MBG) to Cambodian Riel (KHR). The conversion result is based on real-time data. The conversion result shows that 1 MBG is currently valued at 2,987.76 KHR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MBG is currently valued at 2,987.76 KHR, which means buying 5 MBG would cost 14,938.78 KHR. Similarly, ៛1 KHR can be converted to 0.0003347 MBG, and ៛50 KHR can be converted to 0.001673 MBG, excluding any platform or gas fees.
Conversion rates
Convert MBG to KHR
Convert KHR to MBG
MultiBank Group
Cambodian Riel
1 MBG
2,987.76 KHR
Exchange 1 MBG for 2,987.76 KHR
2 MBG
5,975.51 KHR
Exchange 2 MBG for 5,975.51 KHR
5 MBG
14,938.78 KHR
Exchange 5 MBG for 14,938.78 KHR
10 MBG
29,877.57 KHR
Exchange 10 MBG for 29,877.57 KHR
20 MBG
59,755.13 KHR
Exchange 20 MBG for 59,755.13 KHR
50 MBG
149,387.84 KHR
Exchange 50 MBG for 149,387.84 KHR
100 MBG
298,775.67 KHR
Exchange 100 MBG for 298,775.67 KHR
200 MBG
597,551.35 KHR
Exchange 200 MBG for 597,551.35 KHR
500 MBG
1,493,878.37 KHR
Exchange 500 MBG for 1,493,878.37 KHR
1000 MBG
2,987,756.75 KHR
Exchange 1000 MBG for 2,987,756.75 KHR
5000 MBG
14,938,783.73 KHR
Exchange 5000 MBG for 14,938,783.73 KHR
10000 MBG
29,877,567.46 KHR
Exchange 10000 MBG for 29,877,567.46 KHR
In the table above, you'll find a comprehensive MBG to KHR converter that shows the value of MultiBank Group in Cambodian Riel across commonly used conversion amounts. The list covers conversions from 1 MBG to KHR, all the way up to 10000 MBG, providing a clear view of their respective values.
Cambodian Riel
MultiBank Group
1 KHR
0.0003347 MBG
Exchange 1 KHR for 0.0003347 MBG
10 KHR
0.003347 MBG
Exchange 10 KHR for 0.003347 MBG
50 KHR
0.01673 MBG
Exchange 50 KHR for 0.01673 MBG
100 KHR
0.03347 MBG
Exchange 100 KHR for 0.03347 MBG
200 KHR
0.06694 MBG
Exchange 200 KHR for 0.06694 MBG
500 KHR
0.1673 MBG
Exchange 500 KHR for 0.1673 MBG
1000 KHR
0.3347 MBG
Exchange 1000 KHR for 0.3347 MBG
2000 KHR
0.6694 MBG
Exchange 2000 KHR for 0.6694 MBG
5000 KHR
1.67 MBG
Exchange 5000 KHR for 1.67 MBG
10000 KHR
3.35 MBG
Exchange 10000 KHR for 3.35 MBG
50000 KHR
16.73 MBG
Exchange 50000 KHR for 16.73 MBG
100000 KHR
33.47 MBG
Exchange 100000 KHR for 33.47 MBG
In the table above, you'll find a comprehensive KHR to MBG converter that shows the value of Cambodian Riel in MultiBank Group across commonly used conversion amounts. The list covers conversions from 1 KHR to MBG, all the way up to 100000 KHR, providing a clear view of their respective values.
In the past 1D, MultiBank Group has changed +51.18% to KHR. Based on the trend and price charts, MultiBank Group(MBG) has changed +51.18% to KHR while Cambodian Riel(KHR) has changed % to MBG in the last 24 hours.
1D7D1M3M1YAll
MBG to KHR conversion data: Volatility and price changes of MultiBank Group in KHR
The highest MultiBank Group price in KHR over the past 7 days was 4,433.14 KHR while the lowest MultiBank Group price in KHR over the past 7 days was 1,922.71 KHR. The relative change between the highs and lows in MultiBank Group price in KHR over the last 7 days indicates a volatility of %. You can view additional volatility data and MBG to KHR prices for the past 24 hours, 30 days, and 90 days in the table above.
MultiBank Group to Cambodian Riel is falling this week.
MultiBank Group's current market price is ៛2,987.76 per MBG, with a total market cap of ៛388,283,676,048.04 KHR based on a circulating supply of 129,958,264 MBG. The trading volume of MultiBank Group has changed by -25.60% (៛-13,265,497,803.23 KHR) in the last 24 hours. Last trading day, MBG's trading volume was ៛51,816,731,521.03.
The Cambodian Riel (KHR), introduced in 1980, is not just Cambodia's official currency; it is a symbol of the nation's tumultuous history and its journey towards economic resurgence. It is commonly abbreviated as KHR and represented by the symbol ៛.
Historical Background
The introduction of the Riel marked a significant step in Cambodia's recovery from years of conflict, including the devastating Khmer Rouge regime. The currency was reintroduced to foster a sense of normalcy and economic stability in a nation striving to rebuild itself.
Design and Symbolism
The design of the Cambodian Riel is a vibrant tapestry of the country's cultural and natural heritage. Banknotes feature images of ancient Khmer architecture, like the famed Angkor Wat, alongside portraits of King Norodom Sihanouk and other significant figures. These designs serve not only as a medium for financial transactions but also as a reminder of Cambodia's rich history and resilience.
Economic Role
The Riel plays a crucial role in Cambodia’s predominantly agrarian economy, complemented by the garment industry, tourism, and recently, a growing service sector. While the US Dollar is also widely used, the Riel remains important for local transactions, particularly in rural areas, and symbolizes national sovereignty.
Monetary Policy and Inflation
Managed by the National Bank of Cambodia, the Riel has faced challenges like inflation and currency stability. The central bank’s monetary policies aim to stabilize the Riel, which is crucial for encouraging investment and maintaining the economic confidence of both the populace and international investors.
International Trade and the Cambodian Riel
The Riel’s value is significant in international trade, particularly for Cambodia's exports like textiles, rice, and rubber. A stable Riel is important for maintaining competitive export prices and attracting foreign investment.
Remittances and the Economy
Remittances from Cambodians working abroad, especially in Thailand and South Korea, are a vital source of income for many families and contribute significantly to the national economy. These funds, converted into Riels, support household economies and contribute to the country's financial stability.
Bitget crypto-to-fiat exchange data shows that the most popular MultiBank Group currency pair is the MBG to KHR, with for MultiBank Group's currency code being MBG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KHR.
The exchange rate of MultiBank Group is decreasing.
The exchange rate of 1 MBG to Cambodian Riel has changed by -32.66% in the last 7 days. In the last 24 hours, the rate has fluctuated by +51.18%, reaching a high of 2,973.22 KHR and a low of 1,922.71 KHR . One month ago, the value of 1 MBG was ៛4,486.68 KHR , which represents a -33.64% change from its current value. Over the last year, MultiBank Group has changed by
+៛
2,957.09KHR
, resulting in a change of +94.43% in its value.
24 hours ago1 month ago1 year ago
Amount
19:06 today
24 hours ago
24h change
0.5 MBG
៛1,493.88
៛993.31
+51.18%
1 MBG
៛2,987.76
៛1,986.62
+51.18%
5 MBG
៛14,938.78
៛9,933.09
+51.18%
10 MBG
៛29,877.57
៛19,866.18
+51.18%
50 MBG
៛149,387.84
៛99,330.92
+51.18%
100 MBG
៛298,775.67
៛198,661.83
+51.18%
500 MBG
៛1,493,878.37
៛993,309.16
+51.18%
1000 MBG
៛2,987,756.75
៛1,986,618.33
+51.18%
MBG to KHR FAQ
How much is 1 MultiBank Group in KHR?
Right now, the price of 1 MultiBank Group (MBG) in Cambodian Riel (KHR) is ៛2,987.76.
How much MBG can I buy for 1 KHR?
Based on the current exchange rate, you can get 0.0003347 MBG for 1 KHR.
How do I calculate or convert MBG to KHR?
You can use our MBG to KHR calculator at the top of this page to convert any amount of MBG to KHR. We've also included quick-reference tables for the most popular conversions. For example, 5 KHR is equivalent to 0.001673 MBG, while 5 MBG will cost around 14,938.78KHR.
What is the highest price of MBG/KHR in history?
The all-time high price of 1 MBG in KHR is ៛11,083.01. It remains to be seen if the value of 1 MBG/KHR will exceed the current all-time high.
What is the price trend of MultiBank Group in KHR?
Over the past 7 days, the exchange rate of MultiBank Group (MBG) has gone down by 32.66%.
Over the last month, the exchange rate of MultiBank Group (MBG) has gone down by 33.64% against Cambodian Riel (KHR).
What factors influence the conversion rate of MBG to KHR?
There are many factors that affect the relationship between MultiBank Group and Cambodian Riel, 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/KHR. 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/KHR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MBG/KHR.
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/KHR. 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.
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 $0.7405 USD. Additionally, MultiBank Group’s price is €0.6369 EUR in the eurozone, £0.5565 GBP in the UK, C$1.04 CAD in Canada, ₹65.03 INR in India, ₨208.07 PKR in Pakistan, R$3.99 BRL in Brazil, and more. The most popular MultiBank Group currency pair is the MBG to Cambodian Riel(KHR). The price of 1 MultiBank Group (MBG) in Cambodian Riel (KHR) is ៛2,987.76.
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.