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GMON to ILS Converter and calculator

GMON/ILS: 1 GMON = 0.1309 ILS. The price of converting 1 Magma (GMON) to Israeli New Shekel (ILS) is 0.1309 ILS today.
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GMON
ILS
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GMON to ILS real-time exchange rates, making it easy to convert Magma (GMON) to Israeli New Shekel (ILS). The conversion result is based on real-time data. The conversion result shows that 1 GMON is currently valued at 0.1309 ILS. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GMON is currently valued at 0.1309 ILS, which means buying 5 GMON would cost 0.6547 ILS. Similarly, ₪1 ILS can be converted to 7.64 GMON, and ₪50 ILS can be converted to 38.19 GMON, excluding any platform or gas fees.

Convert GMON to ILS

Convert ILS to GMON

Magma
Israeli New Shekel
1 GMON
0.1309  ILS
Exchange 1 GMON for 0.1309 ILS
2 GMON
0.2619  ILS
Exchange 2 GMON for 0.2619 ILS
5 GMON
0.6547  ILS
Exchange 5 GMON for 0.6547 ILS
10 GMON
1.31  ILS
Exchange 10 GMON for 1.31 ILS
20 GMON
2.62  ILS
Exchange 20 GMON for 2.62 ILS
50 GMON
6.55  ILS
Exchange 50 GMON for 6.55 ILS
100 GMON
13.09  ILS
Exchange 100 GMON for 13.09 ILS
200 GMON
26.19  ILS
Exchange 200 GMON for 26.19 ILS
500 GMON
65.47  ILS
Exchange 500 GMON for 65.47 ILS
1000 GMON
130.94  ILS
Exchange 1000 GMON for 130.94 ILS
5000 GMON
654.69  ILS
Exchange 5000 GMON for 654.69 ILS
10000 GMON
1,309.39  ILS
Exchange 10000 GMON for 1,309.39 ILS
In the table above, you'll find a comprehensive GMON to ILS converter that shows the value of Magma in Israeli New Shekel across commonly used conversion amounts. The list covers conversions from 1 GMON to ILS, all the way up to 10000 GMON, providing a clear view of their respective values.
Israeli New Shekel
Magma
1 ILS
7.64 GMON
Exchange 1 ILS for 7.64 GMON
10 ILS
76.37 GMON
Exchange 10 ILS for 76.37 GMON
50 ILS
381.86 GMON
Exchange 50 ILS for 381.86 GMON
100 ILS
763.72 GMON
Exchange 100 ILS for 763.72 GMON
200 ILS
1,527.43 GMON
Exchange 200 ILS for 1,527.43 GMON
500 ILS
3,818.58 GMON
Exchange 500 ILS for 3,818.58 GMON
1000 ILS
7,637.17 GMON
Exchange 1000 ILS for 7,637.17 GMON
2000 ILS
15,274.33 GMON
Exchange 2000 ILS for 15,274.33 GMON
5000 ILS
38,185.83 GMON
Exchange 5000 ILS for 38,185.83 GMON
10000 ILS
76,371.66 GMON
Exchange 10000 ILS for 76,371.66 GMON
50000 ILS
381,858.31 GMON
Exchange 50000 ILS for 381,858.31 GMON
100000 ILS
763,716.63 GMON
Exchange 100000 ILS for 763,716.63 GMON
In the table above, you'll find a comprehensive ILS to GMON converter that shows the value of Israeli New Shekel in Magma across commonly used conversion amounts. The list covers conversions from 1 ILS to GMON, all the way up to 100000 ILS, providing a clear view of their respective values.

GMON to ILS chart

GMON/ILS: 1 GMON = 0.1309 ILS; 2025/11/27 23:35:49
In the past 1D, Magma has changed -9.26% to ILS. Based on the trend and price charts, Magma(GMON) has changed -9.26% to ILS while Israeli New Shekel(ILS) has changed % to GMON in the last 24 hours.
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GMON to ILS conversion data: Volatility and price changes of Magma in ILS

The highest Magma price in ILS over the past 7 days was 0.1556 ILS while the lowest Magma price in ILS over the past 7 days was 0.1261 ILS. The relative change between the highs and lows in Magma price in ILS over the last 7 days indicates a volatility of %. You can view additional volatility data and GMON to ILS 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
0.1556 ILS
0.1556 ILS
0.1556 ILS
0.1556 ILS
Low
0.1261 ILS
0.1261 ILS
0.1261 ILS
0.1261 ILS
Average
0 ILS
0 ILS
0 ILS
0 ILS
Volatility
%
%
%
%
Change
-9.26%
-8.55%
-8.52%
-13.37%

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Magma information

GMON to ILS market statistics

GMON/ILS:
₪0.1309
GMON 24h volume:
₪332,947.53
GMON market cap:
₪1,105,924.05
GMON circulating supply:
8.45M GMON

Current GMON to ILS exchange rate

Magma to Israeli New Shekel is rising this week.
Magma's current market price is ₪0.1309 per GMON, with a total market cap of ₪1,105,924.05 ILS based on a circulating supply of 8,446,126 GMON. The trading volume of Magma has changed by +28.98% (₪74,805.25 ILS) in the last 24 hours. Last trading day, GMON's trading volume was ₪258,142.29.

More info about Magma on Bitget

Israeli New Shekel information

About the Israeli New Shekel (ILS)

What Is the Israeli New Shekel (ILS)?

The Israeli New Shekel (ILS), symbolized as ₪ and sometimes abbreviated as NIS, is the official currency of Israel. ILS is the international three-letter abbreviation for this currency, which has been in use since 1986. The new shekel replaced the hyper-inflated original shekel at a ratio of 1000 to 1. At the time of its introduction, it was identified by the abbreviation NIS to distinguish it from the old shekel. The Israeli New Shekel is subdivided into 100 agorot and is also used in the Palestinian territories of the West Bank and the Gaza Strip.

The Israeli New Shekel is issued by the Bank of Israel, which is the central bank of Israel. The Bank of Israel is responsible for the design, production, and distribution of the nation's currency, as well as for implementing monetary policy, maintaining financial stability, and managing foreign exchange reserves. The bank's role in issuing currency includes ensuring the security and integrity of the Israeli New Shekel, both in terms of coins and banknotes.

What Is the History of ILS?

The term "shekel" has ancient roots, originating from a Biblical currency and unit of weight. The modern Israeli currency system evolved through various stages, starting with the Palestine pound issued by the Anglo-Palestine Bank up to 1952. This was replaced by the Israeli pound (lira yisraelit) in 1952, which was in turn replaced by the shekel in 1980. Due to hyperinflation, the old shekel was replaced by the new shekel in 1986.

Notes and Coins of ILS

The Israeli New Shekel (ILS) features a diverse array of coins and banknotes that are not only integral to daily transactions but also reflect the country's rich cultural heritage. The coin denominations include 5 and 10 agorot, and ½, 1, 2, 5, and 10 new shekels. The Bank of Israel introduced a new series of coins with updated inscriptions in 2022. The banknotes, in denominations of 20, 50, 100, and 200 new shekels. The banknotes incorporate advanced security features and are printed by Orell Füssli Security Printing in Switzerland.

Economic Stability and Exchange Rates

Since the 1980s economic crisis, Israel has adopted conservative fiscal and monetary policies, leading to a more stable economy and currency. The new shekel has been a freely convertible currency since 2003 and is traded on global markets. Over the years, the shekel has strengthened against major currencies like the US dollar, reflecting Israel's growing economic stability.

The new shekel's value has fluctuated over time against various currencies. Its exchange rate against major currencies like the US dollar, euro, and pound sterling has been influenced by global economic trends and Israel's economic policies.

Is ILS a Strong Currency?

The Israeli New Shekel is recognized as one of the world's strongest currencies, a status supported by Israel's stable economy, low inflation, and substantial foreign exchange reserves. Ranking 12th globally in foreign investment, with significant growth in recent years, the shekel benefits from Israel's robust economic performance and investor confidence. The thriving technology sector and strategic global trade position further reinforce its strength. As a free-floating fiat currency, the shekel's value, notably strong against the US dollar, reflects market trust. Despite potential sensitivities to regional geopolitics and internal political shifts, the shekel's resilience, especially during global economic downturns, indicates a promising outlook for Israel's economy and its currency.

What Is the Difference Between Israeli New Shekel and Israeli Old Shekel?

The transition from the Israeli Old Shekel to the Israeli New Shekel marked a significant shift in Israel's monetary history, primarily driven by the need to combat hyperinflation and stabilize the economy. The Old Shekel, in circulation from 1980 to 1985, suffered from severe devaluation and economic instability, leading to its replacement in 1986 by the New Shekel at a ratio of 1000:1. This change was a crucial part of Israel's broader economic stabilization plan, which included adopting more conservative fiscal and monetary policies. The introduction of the New Shekel not only curbed the rampant inflation but also restored confidence in the national currency. It brought with it new banknotes and coins featuring updated designs and enhanced security features, reflecting both the cultural aspects of the time and the need for a more robust and stable monetary system.

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

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GMON to ILS Conversion tables

The exchange rate of Magma is increasing.
The exchange rate of 1 GMON to Israeli New Shekel has changed by -8.55% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.26%, reaching a high of 0.1556 ILS and a low of 0.1261 ILS . One month ago, the value of 1 GMON was ₪-0.00 ILS , which represents a -8.52% change from its current value. Over the last year, Magma has changed by
+
0.1367ILS
, resulting in a change of 0.00% in its value.
24 hours ago1 month ago1 year ago
Amount 23:35 today 24 hours ago 24h change
0.5 GMON
₪0.06547₪-0.0004586
-9.26%
1 GMON
₪0.1309₪-0.0009173
-9.26%
5 GMON
₪0.6547₪-0.004586
-9.26%
10 GMON
₪1.31₪-0.009173
-9.26%
50 GMON
₪6.55₪-0.04586
-9.26%
100 GMON
₪13.09₪-0.09173
-9.26%
500 GMON
₪65.47₪-0.4586
-9.26%
1000 GMON
₪130.94₪-0.9173
-9.26%

GMON to ILS FAQ

How much is 1 Magma in ILS?
Right now, the price of 1 Magma (GMON) in Israeli New Shekel (ILS) is ₪0.1309.
How much GMON can I buy for 1 ILS?
Based on the current exchange rate, you can get 7.64 GMON for 1 ILS.
How do I calculate or convert GMON to ILS?
You can use our GMON to ILS calculator at the top of this page to convert any amount of GMON to ILS. We've also included quick-reference tables for the most popular conversions. For example, 5 ILS is equivalent to 38.19 GMON, while 5 GMON will cost around 0.6547ILS.
What is the highest price of GMON/ILS in history?
The all-time high price of 1 GMON in ILS is ₪0.1556. It remains to be seen if the value of 1 GMON/ILS will exceed the current all-time high.
What is the price trend of Magma in ILS?
Over the past 7 days, the exchange rate of Magma (GMON) has gone down by 8.55%.   Over the last month, the exchange rate of Magma (GMON) has gone down by 8.52% against Israeli New Shekel (ILS).

What factors influence the conversion rate of GMON to ILS?

There are many factors that affect the relationship between Magma and Israeli New Shekel, 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 GMON/ILS. When there is positive news in the market about the widespread adoption of GMON or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GMON/ILS. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GMON/ILS.
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 GMON/ILS. 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 Magma 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 Magma currency pairs: GMON to US Dollar (USD), GMON to Euro (EUR), GMON to Pound Sterling (GBP), GMON to Canadian Dollar (CAD), GMON to Indian Rupee (INR), GMON to Pakistani Rupee (PKR), GMON to Brazilian Real (BRL), GMON to…
The price of Magma in the US is $0.04009 USD. Additionally, Magma’s price is €0.03457 EUR in the eurozone, £0.03029 GBP in the UK, C$0.05625 CAD in Canada, ₹3.58 INR in India, ₨11.33 PKR in Pakistan, R$0.2148 BRL in Brazil, and more.
The most popular Magma currency pair is the GMON to Israeli New Shekel(ILS). The price of 1 Magma (GMON) in Israeli New Shekel (ILS) is ₪0.1309.

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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.