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Polygon to Kazakhstani Tenge Converter and calculator

Convert 1Polygon (MATIC) to Kazakhstani Tenge (KZT) equals ₸ 305.91 | 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 Kazakhstani Tenge(KZT). This is the real-time data. The current conversion shows 1 MATIC at a value of 1 MATIC for 305.91 KZT . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

KZT information

About Kazakhstani Tenge (KZT)

The Kazakhstani Tenge (KZT), introduced in 1993, is a significant symbol of Kazakhstan's national identity and economic independence. It is commonly abbreviated as KZT and represented by the symbol ₸. Emerging after the dissolution of the Soviet Union, the Tenge marked a pivotal transition from a centrally planned economy to a market-oriented one.

Historical Background

The introduction of the Tenge was a crucial moment in post-Soviet Kazakhstan, signifying a break from the Russian Ruble and the commencement of a distinct monetary policy. It symbolized a new era of self-determination and was a crucial step in building the newly independent nation's economy.

Design and Symbolism

The design of the Kazakhstani Tenge is a rich tapestry of the country's history, culture, and aspirations. Banknotes and coins feature images of significant historical figures, like the poet Abai Kunanbaiuly and philosopher Al-Farabi, alongside landmarks and symbols representing Kazakhstan’s vast landscapes and cultural heritage. These designs not only facilitate transactions but also serve as a source of national pride and identity.

Economic Role

The Tenge plays a critical role in Kazakhstan’s economy, characterized by its vast natural resources, including oil, gas, and minerals. As the primary medium of exchange, it supports various sectors of the economy, facilitating trade, investment, and the daily financial transactions of individuals and businesses.

Monetary Policy and Inflation

Managed by the National Bank of Kazakhstan, the Tenge has faced challenges such as inflation and currency devaluation, particularly during periods of global economic instability. The central bank’s monetary policies focus on stabilizing the Tenge, which is crucial for maintaining economic confidence and fostering sustainable growth.

International Trade and the Kazakhstani Tenge

The Tenge’s exchange rate is an important factor in international trade, particularly for Kazakhstan's key exports in the energy and mining sectors. A stable Tenge is vital for maintaining competitive export prices and attracting foreign investment.

Remittances and the Economy

Remittances from Kazakh citizens working abroad, particularly in Russia and Europe, are a notable source of foreign income. These remittances, converted into Tenge, play a significant role in supporting households and contributing to the national economy.

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

MATIC to KZT conversion rate trend

1D7D1M3M1YAll
In the past 1D, Polygon has changed +0.15% to KZT. Based on the trend and price charts, Polygon(MATIC) has changed +0.15% to KZT while Kazakhstani Tenge(KZT) has changed % to MATIC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₸303.28
0.0001% / 0.0004%vip-iconVIP
Binance
₸303.29
0.1000% / 0.1000%
Yes
Coinbase Exchange
₸303.11
0.1000% / 0.1000%
Yes
Kraken
₸303.2
0.1000% / 0.1000%
Yes
OKX
₸303.29
0.080% / 0.100%
Yes
Huobi
₸303.31
0.1000% / 0.1000%
Yes
Gate.io
₸303.51
0.1000% / 0.1000%
Yes
Bybit
₸303.2
0.1000% / 0.1000%
Yes
KuCoin
₸303.25
0.1000% / 0.1000%
Yes
Bitfinex
₸303.35
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 Kazakhstani Tenge?

Polygon to Kazakhstani Tenge is rising this week.
Polygon's current market price is ₸ 305.91 per MATIC, with a total market cap of ₸ 3,030,678,963,191.86 KZT based on a circulating supply of 9,906,951,000 MATIC. The trading volume of Polygon has changed by +13.86% (₸ 11,317,448,587.06 KZT) in the last 24 hours. Last trading day, MATIC's trading volume was ₸ 81,674,919,620.51.
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 ₸ 305.91 KZT , which means buying 5 MATIC will cost ₸ 1,529.57 KZT . Similarly, ₸1 KZT can be traded for 0.003269 MATIC, and ₸50 KZT can be converted to 0.1634 MATIC, excluding any platform or gas fees.
The exchange rate of 1 MATIC to Kazakhstani Tenge has changed by +3.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.15%, reaching a high of 309.5 KZT and a low of 300.25 KZT . One month ago, the value of 1 MATIC was ₸ 307.84 KZT , which represents a -0.63% change from its current value. Over the last year, Polygon has changed by
-
81.5KZT
, resulting in a change of -21.04% in its value.

MATIC to KZT

Amount
15:32 today
0.5 MATIC
152.96
1 MATIC
305.91
5 MATIC
1,529.57
10 MATIC
3,059.14
50 MATIC
15,295.72
100 MATIC
30,591.44
500 MATIC
152,957.2
1000 MATIC
305,914.4

KZT to MATIC

Amount15:32 today
0.5KZT0.001634  MATIC
1KZT0.003269  MATIC
5KZT0.01634  MATIC
10KZT0.03269  MATIC
50KZT0.1634  MATIC
100KZT0.3269  MATIC
500KZT1.63  MATIC
1000KZT3.27  MATIC
Buy Polygon for 1 KZT
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Today vs. 24 hours ago

Amount15:32 today24 hours ago24h change
0.5 MATIC$0.3447$0.3441
+0.15%
1 MATIC$0.6893$0.6882
+0.15%
5 MATIC$3.45$3.44
+0.15%
10 MATIC$6.89$6.88
+0.15%
50 MATIC$34.47$34.41
+0.15%
100 MATIC$68.93$68.82
+0.15%
500 MATIC$344.65$344.12
+0.15%
1000 MATIC$689.31$688.24
+0.15%

Today vs. 1 month ago

Amount15:32 today1 month ago1M change
0.5 MATIC$0.3447$0.3468
-0.63%
1 MATIC$0.6893$0.6937
-0.63%
5 MATIC$3.45$3.47
-0.63%
10 MATIC$6.89$6.94
-0.63%
50 MATIC$34.47$34.68
-0.63%
100 MATIC$68.93$69.37
-0.63%
500 MATIC$344.65$346.83
-0.63%
1000 MATIC$689.31$693.66
-0.63%
Buy Polygon for 1 KZT
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount15:32 today1 year ago1Y change
0.5 MATIC$0.3447$0.4365
-21.04%
1 MATIC$0.6893$0.8730
-21.04%
5 MATIC$3.45$4.36
-21.04%
10 MATIC$6.89$8.73
-21.04%
50 MATIC$34.47$43.65
-21.04%
100 MATIC$68.93$87.3
-21.04%
500 MATIC$344.65$436.48
-21.04%
1000 MATIC$689.31$872.96
-21.04%

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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FAQ

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