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base info Polygon

Polygon to Uruguayan Peso Converter and calculator

Convert 1Polygon (MATIC) to Uruguayan Peso (UYU) equals $ 25.82 | Bitget

UYU information

About Uruguayan Peso (UYU)

The Uruguayan Peso (UYU), introduced in 1896, is the official currency of Uruguay and a key symbol of the nation's economic stability and progress. It is commonly abbreviated as UYU and represented by the symbol $. The Peso's introduction marked a significant step in Uruguay's journey towards creating a robust and independent economy.

Historical Background

The introduction of the Uruguayan Peso was a crucial development in Uruguay’s economic history, reflecting the country's efforts to establish a stable and sovereign monetary system. The Peso replaced the Uruguayan currency known as the “patacón,” signifying Uruguay's transition from a largely agrarian economy to one more integrated with international markets.

Design and Symbolism

The design of the Uruguayan Peso reflects the nation’s cultural heritage and natural beauty. Banknotes and coins feature images of national heroes, landmarks, and symbols of Uruguay’s rich flora and fauna. These designs not only serve as a medium for financial transactions but also as reminders of Uruguay's unique identity and pride.

Economic Role

The Peso plays a central role in Uruguay’s economy, characterized by its robust agricultural sector, growing tourism industry, and a well-developed service sector. As the primary medium of exchange, it supports these sectors, facilitating trade, investment, and the everyday economic activities of Uruguayans.

Monetary Policy and Stability

Managed by the Central Bank of Uruguay, the Peso has maintained relative stability in a region often marked by economic volatility. The bank’s monetary policies focus on maintaining this stability, controlling inflation, and fostering a healthy economic environment conducive to growth and investment.

International Trade and the Uruguayan Peso

In international trade, the stability of the Peso is crucial, particularly for Uruguay's exports such as beef, soybeans, and dairy products. A stable Peso is vital for maintaining competitive export prices and for managing the import of goods.

Remittances and Economic Impact

Remittances from Uruguayans living abroad, particularly in Spain, Argentina, and the USA, are a significant source of foreign income. These remittances, converted into Pesos, support many families and contribute 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 UYU, with for Polygon's currency code being MATIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UYU.

MATIC to UYU conversion rate trend

1D7D1M3M1YAll
In the past 1D, Polygon has changed -3.07% to UYU. Based on the trend and price charts, Polygon(MATIC) has changed -3.07% to UYU while Uruguayan Peso(UYU) has changed % to MATIC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$26.08
0.0001% / 0.0004%vip-iconVIP
Binance
$26.07
0.1000% / 0.1000%
Yes
Coinbase Exchange
$26.06
0.1000% / 0.1000%
Yes
Kraken
$26.12
0.1000% / 0.1000%
Yes
OKX
$26.07
0.080% / 0.100%
Yes
Huobi
$26.08
0.1000% / 0.1000%
Yes
Gate.io
$26.06
0.1000% / 0.1000%
Yes
Bybit
$26.08
0.1000% / 0.1000%
Yes
KuCoin
$26.06
0.1000% / 0.1000%
Yes
Bitfinex
$26.17
0.1000% / 0.1000%
Yes
Last updated 2024/04/17 15:00:28(UTC+0)

What factors influence the conversion rate of Polygon to Uruguayan Peso?

Polygon to Uruguayan Peso is falling this week.
Polygon's current market price is $ 25.82 per MATIC, with a total market cap of $ 255,453,910,582.89 UYU based on a circulating supply of 9,894,742,000 MATIC. The trading volume of Polygon has changed by -33.85% ($ -5,363,161,856.91 UYU) in the last 24 hours. Last trading day, MATIC's trading volume was $ 15,843,483,797.79.
Market cap
$6.57B
24h volume
$269.41M
Circulating supply
9.89B MATIC

Conversion tables

The exchange rate of Polygon is decreasing.
1 MATIC is currently valued at $ 25.82 UYU , which means buying 5 MATIC will cost $ 129.09 UYU . Similarly, $1 UYU can be traded for 0.03873 MATIC, and $50 UYU can be converted to 1.94 MATIC, excluding any platform or gas fees.
The exchange rate of 1 MATIC to Uruguayan Peso has changed by -23.90% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.07%, reaching a high of 27.61 UYU and a low of 25.73 UYU . One month ago, the value of 1 MATIC was $ 40.41 UYU , which represents a -36.11% change from its current value. Over the last year, Polygon has changed by
-$
19.63UYU
, resulting in a change of -43.19% in its value.

MATIC to UYU

Amount
15:41 today
0.5 MATIC
$12.91
1 MATIC
$25.82
5 MATIC
$129.09
10 MATIC
$258.17
50 MATIC
$1,290.86
100 MATIC
$2,581.71
500 MATIC
$12,908.57
1000 MATIC
$25,817.14

UYU to MATIC

Amount15:41 today
0.5UYU0.01937  MATIC
1UYU0.03873  MATIC
5UYU0.1937  MATIC
10UYU0.3873  MATIC
50UYU1.94  MATIC
100UYU3.87  MATIC
500UYU19.37  MATIC
1000UYU38.73  MATIC
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Today vs. 24 hours ago

Amount15:41 today24 hours ago24h change
0.5 MATIC$0.3318$0.3423
-3.07%
1 MATIC$0.6637$0.6847
-3.07%
5 MATIC$3.32$3.42
-3.07%
10 MATIC$6.64$6.85
-3.07%
50 MATIC$33.18$34.23
-3.07%
100 MATIC$66.37$68.47
-3.07%
500 MATIC$331.83$342.34
-3.07%
1000 MATIC$663.65$684.69
-3.07%

Today vs. 1 month ago

Amount15:41 today1 month ago1M change
0.5 MATIC$0.3318$0.5194
-36.11%
1 MATIC$0.6637$1.04
-36.11%
5 MATIC$3.32$5.19
-36.11%
10 MATIC$6.64$10.39
-36.11%
50 MATIC$33.18$51.94
-36.11%
100 MATIC$66.37$103.88
-36.11%
500 MATIC$331.83$519.41
-36.11%
1000 MATIC$663.65$1,038.82
-36.11%

Today vs. 1 year ago

Amount15:41 today1 year ago1Y change
0.5 MATIC$0.3318$0.5842
-43.19%
1 MATIC$0.6637$1.17
-43.19%
5 MATIC$3.32$5.84
-43.19%
10 MATIC$6.64$11.68
-43.19%
50 MATIC$33.18$58.42
-43.19%
100 MATIC$66.37$116.83
-43.19%
500 MATIC$331.83$584.16
-43.19%
1000 MATIC$663.65$1,168.31
-43.19%

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.