Convert and Swap Cardano ADA to Malaysian Ringgit MYR
ADA/MYR: 1 Cardano equals MYR 4.03 MYR
Last update: 7:03 PM, December 22, 2024
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Cardano is falling this week.
The current price of Cardano is MYR 4.03 per ADA. With a circulating supply of 35,126,169,612.194 ADA, it means that Cardano has a total market cap of MYR 141,642,983,702.91. The amount of Cardano traded has fallen by MYR 1,741,789,482.41 in the last 24 hours, which is a 34.94% decrease. Additionally, in the last day, MYR 4,984,726,199.08 worth of ADA has been traded.
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About Cardano
Cardano (ADA) is a blockchain platform built on a proof-of-stake consensus protocol (called Ouroboros) that validates transactions without high energy costs. Development on Cardano uses the Haskell programming language, which is described as enabling Cardano “to pursue evidence-based development for unparalleled security and stability.” The blockchain’s native token, ADA, is named after the 19th century mathematician, Ada Lovelace.
Cardano (ADA) is a proof-of-stake blockchain platform that aims to empower innovators and visionaries to bring about positive global change. Named after the 16th-century Italian polymath Gerolamo Cardano, it was founded in 2017 with the goal of creating a more secure, transparent, and fair society. The native ADA token, named after the 19th-century mathematician Ada Lovelace, is designed to allow owners to participate in the operation of the network. Cardano's technology seeks to enable the development of decentralized apps and smart contracts with modularity.
Cardano operates on a proof-of-stake consensus mechanism, which is less energy-intensive than the proof-of-work algorithm used by other blockchains. The platform's technology undergoes a process of peer-reviewed research, ensuring that ideas can be challenged before they are validated. This academic rigor helps the blockchain to be durable and stable. Cardano's ADA token allows owners to vote on any proposed changes to the software, contributing to the operation of the network. The platform also introduced the Alonzo hard fork in 2021, which brought smart contract functionality to the blockchain.
Cardano's technology has already found compelling use cases in various sectors. For instance, agricultural companies use Cardano to track fresh produce from field to fork. Other products built on the platform allow educational credentials to be stored in a tamper-proof way, and retailers to clamp down on counterfeit goods. With the introduction of the Alonzo hard fork, users can now develop and deploy smart contracts on Cardano, allowing native decentralized applications (DApps) to be built on the blockchain.
Cardano was founded by Charles Hoskinson, one of the co-founders of the Ethereum network. He is the CEO of IOHK, the company that built Cardano’s blockchain. Cardano was launched in 2017 and has since undergone several upgrades, including the Shelley upgrade in 2020 that aimed to make its blockchain more decentralized. In 2021, the Alonzo hard fork was launched, bringing smart contract functionality to the blockchain. Cardano's ADA token has seen significant growth since its pre-launch sale, reflecting the platform's ongoing development and increasing adoption.
How Cardano and Malaysian Ringgit differ
Cardano (ADA) and the Malaysian Ringgit (MYR) are two distinct forms of currency, each with its unique characteristics. Cardano, a proof-of-stake blockchain platform, aims to bring about global change by empowering innovators and visionaries. Its native ADA token, named after the 19th-century mathematician Ada Lovelace, allows owners to participate in the network's operation. Cardano's technology strives to enable the development of decentralized apps and smart contracts with modularity. On the other hand, the Malaysian Ringgit is a traditional fiat currency, regulated by the Central Bank of Malaysia. Unlike Cardano, which operates on a decentralized, peer-reviewed blockchain, the Ringgit's value and circulation are controlled by a central authority. While Cardano's ADA token allows owners to vote on proposed changes to the software, the Ringgit does not offer such participatory features. Furthermore, Cardano's use cases extend beyond a medium of exchange, with applications in sectors like agriculture and education, whereas the Ringgit primarily serves as a medium for financial transactions within Malaysia.
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The exchange rate of Cardano is decreasing.
The current value of 1 ADA is MYR 4.03 MYR. In other words, to buy 5 Cardano, it would cost you MYR 20.16 MYR. Inversely, MYR 1.00 MYR would allow you to trade for 0.25 ADA while MYR 50.00 MYR would convert to 12.40 ADA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 17.86%. Meanwhile, in the last 24 hours, the rate has changed by 2.55%, and that the the highest exchange rate of 1 ADA to Malaysian Ringgit was MYR 4.17 MYR and the lowest 24 hour value was 1 ADA for MYR 3.92 MYR. This time last month, the value of 1 ADA was MYR 4.33 MYR, which is a 8.08% increase from where it is now. Looking back a year, Cardano has changed by MYR 2.90 MYR.
ADA to MYR performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
MYR 4.12 MYR | -2.55% | MYR 4.85 MYR | -17.86% | MYR 4.33 MYR | -8.08% | MYR 2.90 MYR | 45.26% |
ADA to MYR
Amount | Today at 7:03 pm |
|---|---|
0.5 ADA | MYR 2.02 |
1 ADA | MYR 4.03 |
5 ADA | MYR 20.16 |
10 ADA | MYR 40.33 |
50 ADA | MYR 201.64 |
100 ADA | MYR 403.28 |
500 ADA | MYR 2,016.40 |
1,000 ADA | MYR 4,032.80 |
MYR to ADA
Amount | Today at 7:03 pm |
|---|---|
0.5 MYR | 0.12 ADA |
1 MYR | 0.25 ADA |
5 MYR | 1.24 ADA |
10 MYR | 2.48 ADA |
50 MYR | 12.40 ADA |
100 MYR | 24.80 ADA |
500 MYR | 123.98 ADA |
1,000 MYR | 247.97 ADA |
Today vs. 24 hours ago
Amount | Today at 7:03 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 ADA | MYR 2.02 | MYR 2.06 | -2.19% |
1 ADA | MYR 4.03 | MYR 4.12 | -2.19% |
5 ADA | MYR 20.16 | MYR 20.62 | -2.19% |
10 ADA | MYR 40.33 | MYR 41.23 | -2.19% |
50 ADA | MYR 201.64 | MYR 206.16 | -2.19% |
100 ADA | MYR 403.28 | MYR 412.32 | -2.19% |
500 ADA | MYR 2,016.40 | MYR 2,061.61 | -2.19% |
1,000 ADA | MYR 4,032.80 | MYR 4,123.22 | -2.19% |
Today vs. 1 month ago
Amount | Today at 7:03 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 ADA | MYR 2.02 | MYR 2.19 | -7.72% |
1 ADA | MYR 4.03 | MYR 4.37 | -7.72% |
5 ADA | MYR 20.16 | MYR 21.85 | -7.72% |
10 ADA | MYR 40.33 | MYR 43.70 | -7.72% |
50 ADA | MYR 201.64 | MYR 218.51 | -7.72% |
100 ADA | MYR 403.28 | MYR 437.01 | -7.72% |
500 ADA | MYR 2,016.40 | MYR 2,185.07 | -7.72% |
1,000 ADA | MYR 4,032.80 | MYR 4,370.14 | -7.72% |
Today vs. 1 year ago
Amount | Today at 7:03 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 ADA | MYR 2.02 | MYR 1.40 | +43.53% |
1 ADA | MYR 4.03 | MYR 2.81 | +43.53% |
5 ADA | MYR 20.16 | MYR 14.05 | +43.53% |
10 ADA | MYR 40.33 | MYR 28.10 | +43.53% |
50 ADA | MYR 201.64 | MYR 140.48 | +43.53% |
100 ADA | MYR 403.28 | MYR 280.97 | +43.53% |
500 ADA | MYR 2,016.40 | MYR 1,404.85 | +43.53% |
1,000 ADA | MYR 4,032.80 | MYR 2,809.70 | +43.53% |
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