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Polygon to Bangladeshi Taka Converter and calculator

Convert 1Polygon (MATIC) to Bangladeshi Taka (BDT) equals ৳ 80.77 | 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 Bangladeshi Taka(BDT). This is the real-time data. The current conversion shows 1 MATIC at a value of 1 MATIC for 80.77 BDT . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

BDT information

About Bangladeshi Taka (BDT)

The Bangladeshi Taka (BDT), introduced in 1972, is more than just the official currency of Bangladesh; it represents the country's journey through economic challenges and its aspirations for growth and stability. It is commonly abbreviated as BDT and represented by the symbol ৳. Replacing the Pakistani Rupee, the Taka was established following Bangladesh's independence, marking a significant step in the nation's quest for economic sovereignty.

Historical Background

The introduction of the Bangladeshi Taka was a pivotal development in the nascent nation’s history, reflecting its break from Pakistan and the establishment of an independent economic system. The Taka was integral to Bangladesh's efforts to build a self-reliant economy in the face of significant post-independence challenges.

Design and Symbolism

The design of the Bangladeshi Taka incorporates elements of the country’s rich cultural heritage and natural beauty. Banknotes and coins feature images of national heroes, historic landmarks, and symbols representing Bangladesh's art and nature. These designs serve not only as a medium for financial transactions but also as emblems of national pride and identity.

Economic Role

The Taka plays a crucial role in Bangladesh’s economy, which includes key sectors like garments manufacturing, agriculture, and remittances. As the primary medium of exchange, it supports these sectors, facilitating trade, investment, and the everyday economic activities of the Bangladeshi people.

Monetary Policy and Stability

Managed by the Bangladesh Bank, the nation's central bank, the Taka has navigated through various economic challenges, including inflation and currency devaluation. The bank's monetary policies aim to stabilize the currency, control inflation, and support sustainable economic growth, vital for maintaining public and investor confidence.

International Trade and the Bangladeshi Taka

In international trade, the stability of the Taka is crucial, particularly for Bangladesh's exports like ready-made garments, jute, and seafood. A stable Taka is vital for maintaining competitive export prices and managing the import of essential goods.

Remittances and Economic Impact

Remittances from Bangladeshis working abroad, particularly in the Middle East, Europe, and North America, are a significant source of foreign income. These remittances, converted into Takas, support many families and contribute to the national economy, providing a vital buffer against economic challenges.

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

MATIC to BDT conversion rate trend

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In the past 1D, Polygon has changed +9.57% to BDT. Based on the trend and price charts, Polygon(MATIC) has changed +9.57% to BDT while Bangladeshi Taka(BDT) has changed % to MATIC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
৳79.69
0.0001% / 0.0004%vip-iconVIP
Binance
৳80.01
0.1000% / 0.1000%
Yes
Coinbase Exchange
৳80.05
0.1000% / 0.1000%
Yes
Kraken
৳79.71
0.1000% / 0.1000%
Yes
OKX
৳80
0.080% / 0.100%
Yes
Huobi
৳80.01
0.1000% / 0.1000%
Yes
Gate.io
৳80.01
0.1000% / 0.1000%
Yes
Bybit
৳79.67
0.1000% / 0.1000%
Yes
KuCoin
৳79.97
0.1000% / 0.1000%
Yes
Bitfinex
৳80.01
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 19:00:34(UTC+0)

What factors influence the conversion rate of Polygon to Bangladeshi Taka?

Polygon to Bangladeshi Taka is rising this week.
Polygon's current market price is ৳ 80.77 per MATIC, with a total market cap of ৳ 799,198,673,811.43 BDT based on a circulating supply of 9,894,740,000 MATIC. The trading volume of Polygon has changed by -38.26% (৳ -17,207,571,304.45 BDT) in the last 24 hours. Last trading day, MATIC's trading volume was ৳ 44,975,708,916.81.
Market cap
$7.30B
24h volume
$253.57M
Circulating supply
9.89B MATIC

Conversion tables

The exchange rate of Polygon is decreasing.
1 MATIC is currently valued at ৳ 80.77 BDT , which means buying 5 MATIC will cost ৳ 403.85 BDT . Similarly, ৳1 BDT can be traded for 0.01238 MATIC, and ৳50 BDT can be converted to 0.6190 MATIC, excluding any platform or gas fees.
The exchange rate of 1 MATIC to Bangladeshi Taka has changed by +4.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.57%, reaching a high of 80.78 BDT and a low of 72.75 BDT . One month ago, the value of 1 MATIC was ৳ 108.38 BDT , which represents a -25.47% change from its current value. Over the last year, Polygon has changed by
-
30.43BDT
, resulting in a change of -27.36% in its value.

MATIC to BDT

Amount
19:47 today
0.5 MATIC
40.39
1 MATIC
80.77
5 MATIC
403.85
10 MATIC
807.7
50 MATIC
4,038.5
100 MATIC
8,077.01
500 MATIC
40,385.03
1000 MATIC
80,770.06

BDT to MATIC

Amount19:47 today
0.5BDT0.006190  MATIC
1BDT0.01238  MATIC
5BDT0.06190  MATIC
10BDT0.1238  MATIC
50BDT0.6190  MATIC
100BDT1.24  MATIC
500BDT6.19  MATIC
1000BDT12.38  MATIC
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Today vs. 24 hours ago

Amount19:47 today24 hours ago24h change
0.5 MATIC$0.3688$0.3366
+9.57%
1 MATIC$0.7376$0.6731
+9.57%
5 MATIC$3.69$3.37
+9.57%
10 MATIC$7.38$6.73
+9.57%
50 MATIC$36.88$33.66
+9.57%
100 MATIC$73.76$67.31
+9.57%
500 MATIC$368.79$336.56
+9.57%
1000 MATIC$737.58$673.12
+9.57%

Today vs. 1 month ago

Amount19:47 today1 month ago1M change
0.5 MATIC$0.3688$0.4949
-25.47%
1 MATIC$0.7376$0.9897
-25.47%
5 MATIC$3.69$4.95
-25.47%
10 MATIC$7.38$9.9
-25.47%
50 MATIC$36.88$49.49
-25.47%
100 MATIC$73.76$98.97
-25.47%
500 MATIC$368.79$494.86
-25.47%
1000 MATIC$737.58$989.72
-25.47%

Today vs. 1 year ago

Amount19:47 today1 year ago1Y change
0.5 MATIC$0.3688$0.5077
-27.36%
1 MATIC$0.7376$1.02
-27.36%
5 MATIC$3.69$5.08
-27.36%
10 MATIC$7.38$10.15
-27.36%
50 MATIC$36.88$50.77
-27.36%
100 MATIC$73.76$101.55
-27.36%
500 MATIC$368.79$507.73
-27.36%
1000 MATIC$737.58$1,015.45
-27.36%

FAQ

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.