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Matrix Chain to Iraqi Dinar Converter and calculator

Convert 1Matrix Chain (MTC) to Iraqi Dinar (IQD) equals ع.د 0.4890 | 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 Matrix Chain(MTC) to Iraqi Dinar(IQD). This is the real-time data. The current conversion shows 1 MTC at a value of 1 MTC for 0.49 IQD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

IQD information

About Iraqi Dinar (IQD)

The Iraqi Dinar (IQD), the official currency of Iraq, is a significant symbol of the nation's economic and political history. It is commonly abbreviated as IQD and represented by the symbol ع.د. Introduced in 1932, replacing the Indian Rupee, the Dinar has been a witness to Iraqs rich cultural heritage, vast economic changes, and periods of conflict and reconstruction.

Historical Background

The Iraqi Dinar was established when Iraq was a British mandate following World War I. The decision to replace the Indian Rupee with the Dinar was part of Iraq’s initial steps towards establishing a sovereign state. The currency has since undergone several transformations, reflecting the country’s turbulent history, including coups, wars, and economic sanctions.

Design and Symbolism

The design of the Iraqi Dinar reflects the country's rich history and diverse culture. Banknotes feature important historical figures, such as King Faisal I, and landmarks that symbolize Iraq’s ancient civilization, like the Great Mosque of Samarra. The notes also showcase Iraq’s natural beauty, including rivers and palm trees, representing the country’s agricultural heritage.

Economic Role

The Dinar is central to Iraq’s economy, driven primarily by oil exports. It facilitates all economic activities within the country, from government spending to local trade. The stability of the Dinar is crucial for economic growth, affecting everything from foreign investment to the purchasing power of ordinary Iraqis.

Monetary Policy and Inflation

Managed by the Central Bank of Iraq, the Dinar’s value has been subject to fluctuations due to political instability, economic sanctions, and fluctuating oil prices. The bank’s policies aim to stabilize the currency, control inflation, and foster a climate conducive to economic recovery and growth.

The Dinar in International Trade

Given Iraq’s status as a major oil exporter, the Dinar plays a significant role in international trade within the energy sector. The currency’s exchange rate against global currencies impacts Iraq’s trade balance and overall economic stability.

Sanctions and the Dinar

Economic sanctions have historically impacted the Dinar’s value and Iraq’s economy. The lifting of sanctions and subsequent economic reforms play a crucial role in the Dinar’s recovery and the nation’s reintegration into the global economy.

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

MTC to IQD conversion rate trend

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In the past 1D, Matrix Chain has changed -0.46% to IQD. Based on the trend and price charts, Matrix Chain(MTC) has changed -0.46% to IQD while Iraqi Dinar(IQD) has changed % to MTC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ع.د0.4890
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/23 00:35:44(UTC+0)

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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 IQD (Iraqi Dinar) offers

Bitget P2P trading does not currently support direct buying of MTC with IQD. However, you can buy USDT in Bitget P2P trading first, and then buy MTC with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell MTC (or USDT) for IQD (Iraqi Dinar) offers

Bitget P2P trading currently does not support direct selling of MTC to IQD. 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)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Matrix Chain to Iraqi Dinar?

Matrix Chain to Iraqi Dinar is falling this week.
Matrix Chain's current market price is ع.د 0.4890 per MTC, with a total market cap of ع.د 0 IQD based on a circulating supply of -- MTC. The trading volume of Matrix Chain has changed by -81.35% (ع.د -931,332.84 IQD) in the last 24 hours. Last trading day, MTC's trading volume was ع.د 1,144,907.27.
Market cap
$0
24h volume
$163.73205767
Circulating supply
0 MTC

Conversion tables

The exchange rate of Matrix Chain is decreasing.
1 MTC is currently valued at ع.د 0.4890 IQD , which means buying 5 MTC will cost ع.د 2.44 IQD . Similarly, ع.د1 IQD can be traded for 2.05 MTC, and ع.د50 IQD can be converted to 102.26 MTC, excluding any platform or gas fees.
The exchange rate of 1 MTC to Iraqi Dinar has changed by -2.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.46%, reaching a high of 0.4912 IQD and a low of 0.4888 IQD . One month ago, the value of 1 MTC was ع.د 0.6356 IQD , which represents a -23.07% change from its current value. Over the last year, Matrix Chain has changed by
-ع.د
81.49IQD
, resulting in a change of -99.40% in its value.

MTC to IQD

Amount
04:37 am today
0.5 MTC
ع.د0.2445
1 MTC
ع.د0.4890
5 MTC
ع.د2.44
10 MTC
ع.د4.89
50 MTC
ع.د24.45
100 MTC
ع.د48.9
500 MTC
ع.د244.48
1000 MTC
ع.د488.95

IQD to MTC

Amount04:37 am today
0.5IQD1.02  MTC
1IQD2.05  MTC
5IQD10.23  MTC
10IQD20.45  MTC
50IQD102.26  MTC
100IQD204.52  MTC
500IQD1,022.59  MTC
1000IQD2,045.18  MTC

Today vs. 24 hours ago

Amount04:37 am today24 hours ago24h change
0.5 MTC$0.0001874$0.0001883
-0.46%
1 MTC$0.0003748$0.0003766
-0.46%
5 MTC$0.001874$0.001883
-0.46%
10 MTC$0.003748$0.003766
-0.46%
50 MTC$0.01874$0.01883
-0.46%
100 MTC$0.03748$0.03766
-0.46%
500 MTC$0.1874$0.1883
-0.46%
1000 MTC$0.3748$0.3766
-0.46%

Today vs. 1 month ago

Amount04:37 am today1 month ago1M change
0.5 MTC$0.0001874$0.0002436
-23.07%
1 MTC$0.0003748$0.0004873
-23.07%
5 MTC$0.001874$0.002436
-23.07%
10 MTC$0.003748$0.004873
-23.07%
50 MTC$0.01874$0.02436
-23.07%
100 MTC$0.03748$0.04873
-23.07%
500 MTC$0.1874$0.2436
-23.07%
1000 MTC$0.3748$0.4873
-23.07%

Today vs. 1 year ago

Amount04:37 am today1 year ago1Y change
0.5 MTC$0.0001874$0.03142
-99.40%
1 MTC$0.0003748$0.06285
-99.40%
5 MTC$0.001874$0.3142
-99.40%
10 MTC$0.003748$0.6285
-99.40%
50 MTC$0.01874$3.14
-99.40%
100 MTC$0.03748$6.28
-99.40%
500 MTC$0.1874$31.42
-99.40%
1000 MTC$0.3748$62.85
-99.40%

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 $0.005600 in 2025.

What will the price of MTC be in 2030?

In 2030, the MTC price is expected to change by -1.00%. By the end of 2030, the MTC price is projected to reach $0.008733, with a cumulative ROI of +2229.88%.

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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 IQD.

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 IQD. 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 IQD, 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.