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base info Polygon

Polygon to Nicaraguan Córdoba Converter and calculator

Convert 1Polygon (MATIC) to Nicaraguan Córdoba (NIO) equals C$ 27.73 | 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 Nicaraguan Córdoba(NIO). This is the real-time data. The current conversion shows 1 MATIC at a value of 1 MATIC for 27.73 NIO . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

NIO information

About Nicaraguan Córdoba (NIO)

The Nicaraguan Córdoba (NIO), introduced in 1912, serves not just as Nicaragua's official currency but also as a symbol of the nation's tumultuous history and its ongoing economic journey. It is commonly abbreviated as NIO and represented by the symbol C$. Named after the Spanish conquistador Francisco Hernández de Córdoba, who founded Nicaragua, the Córdoba has been integral to the nation's socio-economic fabric.

Historical Background

The introduction of the Córdoba was a significant step in consolidating Nicaragua's economic independence in the early 20th century. It replaced the peso and marked a new chapter in the nation's monetary history, mirroring its broader quest for national identity and economic self-determination.

Design and Symbolism

The design of the Nicaraguan Córdoba reflects the country's diverse cultural heritage and natural beauty. Banknotes and coins feature images of historical figures, indigenous art, and landmarks of national significance. These designs do more than facilitate transactions; they narrate stories of Nicaragua’s past and present, fostering a sense of national pride and unity.

Economic Role

The Córdoba plays a crucial role in Nicaragua’s economy, which is marked by agriculture, manufacturing, and an emerging service sector, including tourism. As the primary medium of exchange, it supports these sectors, enabling trade and investment and is vital for the everyday economic activities of Nicaraguans.

Monetary Policy and Inflation

Managed by the Central Bank of Nicaragua, the Córdoba has faced challenges including inflation and currency devaluation, especially during periods of political and economic instability. The central bank’s policies aim to stabilize the currency, which is crucial for maintaining economic confidence and promoting sustainable growth.

International Trade and the Nicaraguan Córdoba

In international trade, the stability of the Córdoba is important, especially for Nicaragua's exports like coffee, beef, and gold. A stable exchange rate is essential for maintaining competitive prices in the global market and attracting foreign investment.

Remittances and Economic Impact

Remittances from Nicaraguans living abroad, particularly in the United States and Costa Rica, are a crucial source of foreign income. These remittances, converted into Córdobas, play a substantial role in supporting families and contribute significantly 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 NIO, with for Polygon's currency code being MATIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NIO.

MATIC to NIO conversion rate trend

1D7D1M3M1YAll
In the past 1D, Polygon has changed +4.10% to NIO. Based on the trend and price charts, Polygon(MATIC) has changed +4.10% to NIO while Nicaraguan Córdoba(NIO) has changed % to MATIC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
C$27.68
0.0001% / 0.0004%vip-iconVIP
Binance
C$27.72
0.1000% / 0.1000%
Yes
Coinbase Exchange
C$27.69
0.1000% / 0.1000%
Yes
Kraken
C$27.73
0.1000% / 0.1000%
Yes
OKX
C$27.72
0.080% / 0.100%
Yes
Huobi
C$27.73
0.1000% / 0.1000%
Yes
Gate.io
C$27.73
0.1000% / 0.1000%
Yes
Bybit
C$27.72
0.1000% / 0.1000%
Yes
KuCoin
C$27.71
0.1000% / 0.1000%
Yes
Bitfinex
C$27.74
0.1000% / 0.1000%
Yes
Last updated 2024/04/24 12:00:40(UTC+0)

What factors influence the conversion rate of Polygon to Nicaraguan Córdoba?

Polygon to Nicaraguan Córdoba is rising this week.
Polygon's current market price is C$ 27.73 per MATIC, with a total market cap of C$ 274,512,895,415.83 NIO based on a circulating supply of 9,899,054,000 MATIC. The trading volume of Polygon has changed by +16.12% (C$ 1,344,539,413.48 NIO) in the last 24 hours. Last trading day, MATIC's trading volume was C$ 8,341,798,434.53.
Market cap
$7.50B
24h volume
$264.50M
Circulating supply
9.90B MATIC

Conversion tables

The exchange rate of Polygon is decreasing.
1 MATIC is currently valued at C$ 27.73 NIO , which means buying 5 MATIC will cost C$ 138.66 NIO . Similarly, C$1 NIO can be traded for 0.03606 MATIC, and C$50 NIO can be converted to 1.8 MATIC, excluding any platform or gas fees.
The exchange rate of 1 MATIC to Nicaraguan Córdoba has changed by +10.59% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.10%, reaching a high of 27.94 NIO and a low of 26.53 NIO . One month ago, the value of 1 MATIC was C$ 37.38 NIO , which represents a -25.81% change from its current value. Over the last year, Polygon has changed by
-C$
7.66NIO
, resulting in a change of -21.64% in its value.

MATIC to NIO

Amount
12:00 today
0.5 MATIC
C$13.87
1 MATIC
C$27.73
5 MATIC
C$138.66
10 MATIC
C$277.31
50 MATIC
C$1,386.56
100 MATIC
C$2,773.12
500 MATIC
C$13,865.61
1000 MATIC
C$27,731.23

NIO to MATIC

Amount12:00 today
0.5NIO0.01803  MATIC
1NIO0.03606  MATIC
5NIO0.1803  MATIC
10NIO0.3606  MATIC
50NIO1.8  MATIC
100NIO3.61  MATIC
500NIO18.03  MATIC
1000NIO36.06  MATIC
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Today vs. 24 hours ago

Amount12:00 today24 hours ago24h change
0.5 MATIC$0.3786$0.3637
+4.10%
1 MATIC$0.7572$0.7274
+4.10%
5 MATIC$3.79$3.64
+4.10%
10 MATIC$7.57$7.27
+4.10%
50 MATIC$37.86$36.37
+4.10%
100 MATIC$75.72$72.74
+4.10%
500 MATIC$378.62$363.69
+4.10%
1000 MATIC$757.24$727.38
+4.10%

Today vs. 1 month ago

Amount12:00 today1 month ago1M change
0.5 MATIC$0.3786$0.5103
-25.81%
1 MATIC$0.7572$1.02
-25.81%
5 MATIC$3.79$5.1
-25.81%
10 MATIC$7.57$10.21
-25.81%
50 MATIC$37.86$51.03
-25.81%
100 MATIC$75.72$102.06
-25.81%
500 MATIC$378.62$510.3
-25.81%
1000 MATIC$757.24$1,020.6
-25.81%

Today vs. 1 year ago

Amount12:00 today1 year ago1Y change
0.5 MATIC$0.3786$0.4832
-21.64%
1 MATIC$0.7572$0.9663
-21.64%
5 MATIC$3.79$4.83
-21.64%
10 MATIC$7.57$9.66
-21.64%
50 MATIC$37.86$48.32
-21.64%
100 MATIC$75.72$96.63
-21.64%
500 MATIC$378.62$483.17
-21.64%
1000 MATIC$757.24$966.34
-21.64%

FAQ

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