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Polygon to Cambodian Riel Converter and calculator

Convert 1Polygon (MATIC) to Cambodian Riel (KHR) equals ៛ 2,807.86 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Polygon(MATIC) to Cambodian Riel(KHR). This is the real-time data. The current conversion shows 1 MATIC at a value of 1 MATIC for 2,807.86 KHR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

KHR information

About Cambodian Riel (KHR)

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.

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

MATIC to KHR conversion rate trend

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In the past 1D, Polygon has changed +0.17% to KHR. Based on the trend and price charts, Polygon(MATIC) has changed +0.17% to KHR while Cambodian Riel(KHR) has changed % to MATIC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
៛2,783.66
0.0001% / 0.0004%vip-iconVIP
Binance
៛2,783.79
0.1000% / 0.1000%
Yes
Coinbase Exchange
៛2,782.16
0.1000% / 0.1000%
Yes
Kraken
៛2,782.98
0.1000% / 0.1000%
Yes
OKX
៛2,783.79
0.080% / 0.100%
Yes
Huobi
៛2,783.95
0.1000% / 0.1000%
Yes
Gate.io
៛2,785.83
0.1000% / 0.1000%
Yes
Bybit
៛2,782.98
0.1000% / 0.1000%
Yes
KuCoin
៛2,783.38
0.1000% / 0.1000%
Yes
Bitfinex
៛2,784.32
0.1000% / 0.1000%
Yes
Last updated 2024/05/20 15:00:29(UTC+0)

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What factors influence the conversion rate of Polygon to Cambodian Riel?

Polygon to Cambodian Riel is rising this week.
Polygon's current market price is ៛ 2,807.86 per MATIC, with a total market cap of ៛ 27,817,331,315,017.05 KHR based on a circulating supply of 9,906,951,000 MATIC. The trading volume of Polygon has changed by +13.86% (៛ 103,878,114,709.73 KHR) in the last 24 hours. Last trading day, MATIC's trading volume was ៛ 749,659,837,549.54.
Market cap
$6.83B
24h volume
$209.54M
Circulating supply
9.91B MATIC

Conversion tables

The exchange rate of Polygon is decreasing.
1 MATIC is currently valued at ៛ 2,807.86 KHR , which means buying 5 MATIC will cost ៛ 14,039.3 KHR . Similarly, ៛1 KHR can be traded for 0.0003561 MATIC, and ៛50 KHR can be converted to 0.01781 MATIC, excluding any platform or gas fees.
The exchange rate of 1 MATIC to Cambodian Riel has changed by +3.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.17%, reaching a high of 2,840.78 KHR and a low of 2,755.91 KHR . One month ago, the value of 1 MATIC was ៛ 2,825.29 KHR , which represents a -0.62% change from its current value. Over the last year, Polygon has changed by
-
747.79KHR
, resulting in a change of -21.03% in its value.

MATIC to KHR

Amount
15:31 today
0.5 MATIC
1,403.93
1 MATIC
2,807.86
5 MATIC
14,039.3
10 MATIC
28,078.6
50 MATIC
140,393
100 MATIC
280,786
500 MATIC
1,403,929.99
1000 MATIC
2,807,859.98

KHR to MATIC

Amount15:31 today
0.5KHR0.0001781  MATIC
1KHR0.0003561  MATIC
5KHR0.001781  MATIC
10KHR0.003561  MATIC
50KHR0.01781  MATIC
100KHR0.03561  MATIC
500KHR0.1781  MATIC
1000KHR0.3561  MATIC
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Today vs. 24 hours ago

Amount15:31 today24 hours ago24h change
0.5 MATIC$0.3447$0.3441
+0.17%
1 MATIC$0.6893$0.6882
+0.17%
5 MATIC$3.45$3.44
+0.17%
10 MATIC$6.89$6.88
+0.17%
50 MATIC$34.47$34.41
+0.17%
100 MATIC$68.93$68.82
+0.17%
500 MATIC$344.65$344.09
+0.17%
1000 MATIC$689.31$688.17
+0.17%

Today vs. 1 month ago

Amount15:31 today1 month ago1M change
0.5 MATIC$0.3447$0.3468
-0.62%
1 MATIC$0.6893$0.6936
-0.62%
5 MATIC$3.45$3.47
-0.62%
10 MATIC$6.89$6.94
-0.62%
50 MATIC$34.47$34.68
-0.62%
100 MATIC$68.93$69.36
-0.62%
500 MATIC$344.65$346.79
-0.62%
1000 MATIC$689.31$693.59
-0.62%
Buy Polygon for 1 KHR
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount15:31 today1 year ago1Y change
0.5 MATIC$0.3447$0.4364
-21.03%
1 MATIC$0.6893$0.8729
-21.03%
5 MATIC$3.45$4.36
-21.03%
10 MATIC$6.89$8.73
-21.03%
50 MATIC$34.47$43.64
-21.03%
100 MATIC$68.93$87.29
-21.03%
500 MATIC$344.65$436.44
-21.03%
1000 MATIC$689.31$872.88
-21.03%

Polygon price prediction

What will the price of MATIC be in 2025?

Based on MATIC's historical price performance prediction model, the price of MATIC is projected to reach $1.07 in 2025.

What will the price of MATIC be in 2030?

In 2030, the MATIC price is expected to rise by -1.00%. By the end of 2030, the MATIC price is projected to reach $1.01, with a cumulative ROI of +46.27%.
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