MTC
AZN
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Matrix Chain(MTC) to Azerbaijani Manat(AZN). This is the real-time data. The current conversion shows 1 MTC at a value of 1 MTC for 0.00 AZN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
AZN information
About Azerbaijani Manat (AZN)
Azerbaijan's official currency is the Manat (AZN), which is commonly abbreviated as AZN and represented by the symbol ₼. The Manat is comprised of 100 qəpik, which are smaller units of currency.
Historical Background
The original Azerbaijani Manat was first issued in 1919 but was replaced by the Soviet Ruble in 1923. The reintroduction of the Manat in 1992 was a significant step in post-Soviet Azerbaijan’s economic transformation. It signified the nation's departure from the Soviet economic system and was instrumental in laying the foundation for an independent monetary policy.
Design and Symbolism
The design of the Azerbaijani Manat incorporates elements that reflect Azerbaijan’s history, culture, and economic aspirations. Banknotes and coins feature prominent Azerbaijani figures, architectural landmarks, and symbols representing the country's rich cultural heritage and natural resources. These designs serve not only as a medium for financial transactions but also as reminders of the nation's unique identity and pride.
Economic Role
The Manat plays a central role in Azerbaijan’s economy, which is heavily influenced by oil and natural gas production. As the primary currency, it underpins the energy sector, which dominates the economy, and facilitates other key sectors like agriculture, manufacturing, and tourism. The stability of the Manat is crucial for the country's economic health and investor confidence.
Monetary Policy and Stability
Managed by the Central Bank of Azerbaijan, the Manat has experienced various challenges, including inflation and currency devaluation. The bank's monetary policies aim to stabilize the currency, control inflation, and foster a healthy economic environment conducive to growth and investment.
International Trade and the Azerbaijani Manat
In international trade, the stability of the Manat is crucial, particularly for Azerbaijan’s oil and gas exports. A stable Manat is vital for maintaining competitive prices in global markets and for managing the import of goods and services.
Remittances and Economic Impact
Remittances from Azerbaijanis living abroad, particularly in Russia, Turkey, and Europe, are a significant source of foreign income. These remittances, converted into Manats, support families and contribute to the national economy, providing a vital economic buffer.
Bitget crypto-to-fiat exchange data shows that the most popular Matrix Chain currency pair is the MTC to AZN, with for Matrix Chain's currency code being MTC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AZN.
MTC to AZN conversion rate trend
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In the past 1D, Matrix Chain has changed +0.03% to AZN. Based on the trend and price charts, Matrix Chain(MTC) has changed +0.03% to AZN while Azerbaijani Manat(AZN) has changed % to MTC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ₼0.0008010 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/21 16:33:55(UTC+0)
How to buy Matrix Chain
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Buy Matrix Chain (MTC)
Use a variety of payment options to buy Matrix Chain on Bitget. We'll show you how.
Buy MTC (or USDT) for AZN (Azerbaijani Manat) offers
Bitget P2P trading does not currently support direct buying of MTC with AZN. However, you can buy USDT in Bitget P2P trading first, and then buy MTC with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Sell MTC (or USDT) for AZN (Azerbaijani Manat) offers
Bitget P2P trading currently does not support direct selling of MTC to AZN. However, you can first exchange MTC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Matrix Chain to Azerbaijani Manat?
Matrix Chain to Azerbaijani Manat is falling this week.Matrix Chain's current market price is ₼ 0.0008029 per MTC, with a total market cap of ₼ 0 AZN based on a circulating supply of -- MTC. The trading volume of Matrix Chain has changed by -43.32% (₼ -453.15 AZN) in the last 24 hours. Last trading day, MTC's trading volume was ₼ 1,046.14.
Market cap
$0
24h volume
$348.8182765
Circulating supply
0 MTC
Conversion tables
The exchange rate of Matrix Chain is decreasing.1 MTC is currently valued at ₼ 0.0008029 AZN , which means buying 5 MTC will cost ₼ 0.004014 AZN . Similarly, ₼1 AZN can be traded for 1,245.56 MTC, and ₼50 AZN can be converted to 62,278.13 MTC, excluding any platform or gas fees.
The exchange rate of 1 MTC to Azerbaijani Manat has changed by -7.43% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.03%, reaching a high of 0.0008029 AZN and a low of 0.0008004 AZN . One month ago, the value of 1 MTC was ₼ 0.002485 AZN , which represents a -67.69% change from its current value. Over the last year, Matrix Chain has changed by , resulting in a change of -98.92% in its value.
+₼
0.0008029AZNMTC to AZN
Amount
00:16 am today
0.5 MTC
₼0.0004014
1 MTC
₼0.0008029
5 MTC
₼0.004014
10 MTC
₼0.008029
50 MTC
₼0.04014
100 MTC
₼0.08029
500 MTC
₼0.4014
1000 MTC
₼0.8029
AZN to MTC
Amount00:16 am today
0.5AZN622.78 MTC
1AZN1,245.56 MTC
5AZN6,227.81 MTC
10AZN12,455.63 MTC
50AZN62,278.13 MTC
100AZN124,556.26 MTC
500AZN622,781.3 MTC
1000AZN1,245,562.59 MTC
Today vs. 24 hours ago
| Amount | 00:16 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MTC | $0.0002361 | $0.0002361 | +0.03% |
| 1 MTC | $0.0004723 | $0.0004721 | +0.03% |
| 5 MTC | $0.002361 | $0.002361 | +0.03% |
| 10 MTC | $0.004723 | $0.004721 | +0.03% |
| 50 MTC | $0.02361 | $0.02361 | +0.03% |
| 100 MTC | $0.04723 | $0.04721 | +0.03% |
| 500 MTC | $0.2361 | $0.2361 | +0.03% |
| 1000 MTC | $0.4723 | $0.4721 | +0.03% |
Today vs. 1 month ago
| Amount | 00:16 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MTC | $0.0002361 | $0.0007309 | -67.69% |
| 1 MTC | $0.0004723 | $0.001462 | -67.69% |
| 5 MTC | $0.002361 | $0.007309 | -67.69% |
| 10 MTC | $0.004723 | $0.01462 | -67.69% |
| 50 MTC | $0.02361 | $0.07309 | -67.69% |
| 100 MTC | $0.04723 | $0.1462 | -67.69% |
| 500 MTC | $0.2361 | $0.7309 | -67.69% |
| 1000 MTC | $0.4723 | $1.46 | -67.69% |
Today vs. 1 year ago
| Amount | 00:16 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MTC | $0.0002361 | $0.00 | -98.92% |
| 1 MTC | $0.0004723 | $0.00 | -98.92% |
| 5 MTC | $0.002361 | $0.00 | -98.92% |
| 10 MTC | $0.004723 | $0.00 | -98.92% |
| 50 MTC | $0.02361 | $0.00 | -98.92% |
| 100 MTC | $0.04723 | $0.00 | -98.92% |
| 500 MTC | $0.2361 | $0.00 | -98.92% |
| 1000 MTC | $0.4723 | $0.00 | -98.92% |
Matrix Chain price prediction
What will the price of MTC be in 2025?
Based on MTC's historical price performance prediction model, the price of MTC is projected to reach $0.006009 in 2025.
What will the price of MTC be in 2030?
In 2030, the MTC price is expected to change by +4.00%. By the end of 2030, the MTC price is projected to reach $0.01056, with a cumulative ROI of +2131.96%.
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Popular Matrix Chain conversions
Check out these popular currency conversions of Matrix Chain to several fiat currencies.
Matrix Chain to USD
1 MTC to $ 0.0004723 USD
Matrix Chain to GBP
1 MTC to £ 0.0003750 GBP
Matrix Chain to EUR
1 MTC to € 0.0004509 EUR
Matrix Chain to KRW
1 MTC to ₩ 0.6620 KRW
Matrix Chain to CAD
1 MTC to $ 0.0006598 CAD
Matrix Chain to AUD
1 MTC to $ 0.0007248 AUD
Matrix Chain to JPY
1 MTC to ¥ 0.07297 JPY
Matrix Chain to BRL
1 MTC to R$ 0.002746 BRL
Matrix Chain to CNY
1 MTC to ¥ 0.003423 CNY
Matrix Chain to TWD
1 MTC to NT$ 0.01538 TWD
Popular cryptocurrencies to AZN
Explore other cryptocurrencies based on your interest in Matrix Chain.
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1 SAI to ₼ 0.06256 AZN
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1 SOL to ₼ 436.34 AZN
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1 BTC to ₼ 167,080.16 AZN
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1 DOGE to ₼ 0.6589 AZN
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1 PEPE to ₼ 0.{4}3501 AZN
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Matrix Chain and AZN.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Matrix Chain and AZN. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Matrix Chain in AZN, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
