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Polygon to Czech Koruna Converter and calculator

Convert 1Polygon (MATIC) to Czech Koruna (CZK) equals Kč 17.29 | 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 Czech Koruna(CZK). This is the real-time data. The current conversion shows 1 MATIC at a value of 1 MATIC for 17.29 CZK . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

CZK information

About the Czech Koruna (CZK)

What Is the Czech Koruna (CZK)?

The Czech Koruna, denoted as CZK and locally abbreviated as Kč, is the official currency of the Czech Republic. It was introduced on February 8, 1993, when the former Czechoslovakia split into two independent countries: the Czech Republic and Slovakia. This momentous event in the nation's history necessitated the creation of a new currency, leading to the birth of the CZK. The koruna replaced the Czechoslovak koruna, which had been in circulation since 1919, at par value. The Czech Koruna is the sole legal tender in the Czech Republic.

The Czech Koruna is issued and regulated by the Czech National Bank (Česká národní banka, CNB), the central banking authority of the Czech Republic. Established in 1993 after the split of Czechoslovakia, the CNB plays a pivotal role in the country's financial system, managing monetary policy, overseeing the banking sector, and maintaining financial stability.

What Is the History of CZK?

The Czech Koruna (CZK), established in 1993 following the peaceful dissolution of Czechoslovakia, symbolizes the Czech Republic's transition from a Soviet-influenced state to an independent nation. Originating from the Czechoslovak koruna, which had been in circulation since 1919 after the Austro-Hungarian Empire's collapse, the CZK was introduced at par with its predecessor amidst the country's shift to a market-driven economy. This change marked a significant step in integrating the Czech economy into the global financial system. Over the years, the koruna has undergone various modifications, including enhanced security features in banknotes, mirroring the nation's journey through substantial political and economic reforms and symbolizing its sovereignty and financial stability.

Notes and Coins of CZK

Czech banknotes are available in denominations of 100, 200, 500, 1,000, 2,000, and 5,000 CZK. The coins come in 1, 2, 5, 10, 20, and 50 CZK. Notably, the design of these banknotes is a testament to Czech art, featuring historic figures and symbolic imagery.

The initial Czech banknotes were modified Czechoslovakian notes, reflecting the country's transition. In 2018, the 100 and 200 CZK notes were upgraded with enhanced security features to prevent counterfeiting, including color-changing strips and anti-copy patterns.

What Is the Relationship Between CZK and EUR?

The Czech Koruna (CZK) and the Euro (EUR) share a complex yet integral relationship, primarily influenced by the Czech Republic's membership in the European Union (EU) since 2004. Despite being an EU member, the Czech Republic has retained the Koruna as its official currency, opting not to adopt the Euro. This decision allows the Czech government to maintain independent control over its monetary policy. However, the country's economy is deeply intertwined with the Eurozone, making the exchange rate between the Koruna and the Euro particularly significant. Fluctuations in this rate directly impact trade, investment, and economic stability, given the substantial volume of transactions between the Czech Republic and Eurozone countries.

Is CZK a Strong Currency?

Czech Koruna's strength can be considered moderate, reflecting the Czech Republic's stable but modestly sized economy. While it doesn't match the strength of major world currencies like the US Dollar or Euro, the Koruna benefits from the Czech Republic's sound economic policies, low inflation, and steady growth. Its value against major currencies, a critical indicator of strength, has shown resilience, albeit with fluctuations influenced by global economic trends and regional developments. The Czech economy, characterized by a robust industrial sector and increasing integration with the European Union, lends a degree of stability to the Koruna. However, like all currencies, its strength is subject to change due to various external factors, including global market dynamics and geopolitical events.

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

MATIC to CZK conversion rate trend

1D7D1M3M1YAll
In the past 1D, Polygon has changed +8.32% to CZK. Based on the trend and price charts, Polygon(MATIC) has changed +8.32% to CZK while Czech Koruna(CZK) has changed % to MATIC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Kč17.29
0.0001% / 0.0004%vip-iconVIP
Binance
Kč17.31
0.1000% / 0.1000%
Yes
Coinbase Exchange
Kč17.28
0.1000% / 0.1000%
Yes
Kraken
Kč17.3
0.1000% / 0.1000%
Yes
OKX
Kč17.3
0.080% / 0.100%
Yes
Huobi
Kč17.3
0.1000% / 0.1000%
Yes
Gate.io
Kč17.32
0.1000% / 0.1000%
Yes
Bybit
Kč17.3
0.1000% / 0.1000%
Yes
KuCoin
Kč17.31
0.1000% / 0.1000%
Yes
Bitfinex
Kč17.32
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 18:00:36(UTC+0)

What factors influence the conversion rate of Polygon to Czech Koruna?

Polygon to Czech Koruna is rising this week.
Polygon's current market price is Kč 17.29 per MATIC, with a total market cap of Kč 171,099,147,800.45 CZK based on a circulating supply of 9,894,740,000 MATIC. The trading volume of Polygon has changed by -39.46% (Kč -3,834,836,151.60 CZK) in the last 24 hours. Last trading day, MATIC's trading volume was Kč 9,717,252,982.71.
Market cap
$7.22B
24h volume
$248.21M
Circulating supply
9.89B MATIC

Conversion tables

The exchange rate of Polygon is decreasing.
1 MATIC is currently valued at Kč 17.29 CZK , which means buying 5 MATIC will cost Kč 86.46 CZK . Similarly, Kč1 CZK can be traded for 0.05783 MATIC, and Kč50 CZK can be converted to 2.89 MATIC, excluding any platform or gas fees.
The exchange rate of 1 MATIC to Czech Koruna has changed by +1.31% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.32%, reaching a high of 17.44 CZK and a low of 15.74 CZK . One month ago, the value of 1 MATIC was Kč 23.18 CZK , which represents a -25.39% change from its current value. Over the last year, Polygon has changed by
-
7.19CZK
, resulting in a change of -29.37% in its value.

MATIC to CZK

Amount
18:56 today
0.5 MATIC
8.65
1 MATIC
17.29
5 MATIC
86.46
10 MATIC
172.92
50 MATIC
864.6
100 MATIC
1,729.19
500 MATIC
8,645.97
1000 MATIC
17,291.93

CZK to MATIC

Amount18:56 today
0.5CZK0.02892  MATIC
1CZK0.05783  MATIC
5CZK0.2892  MATIC
10CZK0.5783  MATIC
50CZK2.89  MATIC
100CZK5.78  MATIC
500CZK28.92  MATIC
1000CZK57.83  MATIC
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Today vs. 24 hours ago

Amount18:56 today24 hours ago24h change
0.5 MATIC$0.3648$0.3368
+8.32%
1 MATIC$0.7296$0.6736
+8.32%
5 MATIC$3.65$3.37
+8.32%
10 MATIC$7.3$6.74
+8.32%
50 MATIC$36.48$33.68
+8.32%
100 MATIC$72.96$67.36
+8.32%
500 MATIC$364.82$336.8
+8.32%
1000 MATIC$729.63$673.6
+8.32%

Today vs. 1 month ago

Amount18:56 today1 month ago1M change
0.5 MATIC$0.3648$0.4889
-25.39%
1 MATIC$0.7296$0.9779
-25.39%
5 MATIC$3.65$4.89
-25.39%
10 MATIC$7.3$9.78
-25.39%
50 MATIC$36.48$48.89
-25.39%
100 MATIC$72.96$97.79
-25.39%
500 MATIC$364.82$488.95
-25.39%
1000 MATIC$729.63$977.89
-25.39%

Today vs. 1 year ago

Amount18:56 today1 year ago1Y change
0.5 MATIC$0.3648$0.5164
-29.37%
1 MATIC$0.7296$1.03
-29.37%
5 MATIC$3.65$5.16
-29.37%
10 MATIC$7.3$10.33
-29.37%
50 MATIC$36.48$51.64
-29.37%
100 MATIC$72.96$103.29
-29.37%
500 MATIC$364.82$516.44
-29.37%
1000 MATIC$729.63$1,032.88
-29.37%

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.