Convert and swap Polygon MATIC to Turkish Lira TRY
MATIC/TRY: 1 Polygon equals TRY 13.88 TRY
Last update: 8:48 AM, September 20, 2024
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Polygon is climbing this week.
The current price of Polygon is TRY 13.88 per MATIC. With a circulating supply of 2,998,945,013.139 MATIC, it means that Polygon has a total market cap of TRY 41,666,913,512.84. The amount of Polygon traded has fallen by TRY 89,568,290.48 in the last 24 hours, which is a 6.79% decrease. Additionally, in the last day, TRY 1,319,512,136.36 worth of MATIC has been traded.
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About Polygon
Polygon was formerly called Matic Network. Polygon (MATIC) is an Ethereum token that powers the Polygon Network, a scaling solution for Ethereum. Polygon aims to provide faster and cheaper transactions on Ethereum using Layer 2 sidechains, which are blockchains that run alongside the Ethereum main chain. Users can deposit Ethereum tokens to a Polygon smart contract, interact with them within Polygon, and then later withdraw them back to the Ethereum main chain. The MATIC token is used to pay transaction fees and participate in proof-of-stake consensus.
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How Polygon and Turkish Lira differ
Polygon, previously known as Matic Network, is a platform that aims to facilitate the development and scaling of Ethereum-based applications. It seeks to address key challenges of the Ethereum network such as slow transaction speeds, low transaction throughput, and high transaction fees. Polygon's native token, MATIC, is used for payment services within its ecosystem and as a settlement currency between users. On the other hand, the Turkish Lira (TRY) is the official currency of Turkey, regulated by the Central Bank of the Republic of Turkey. Unlike MATIC, which operates on a dual-layer structure consisting of a proof-of-stake (PoS) checkpointing layer and a block producer layer, the Turkish Lira is a traditional fiat currency, subject to monetary policies and inflation rates. While Polygon's infrastructure supports a wide range of decentralized applications (DApps) and aims to achieve up to 65,000 transactions per second on a single side chain, the Turkish Lira is used for conventional transactions and does not have the same scalability or speed. Furthermore, while Polygon's value can fluctuate based on market demand, the Turkish Lira's value is influenced by economic factors such as interest rates, economic growth, and political stability.
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MATIC to Turkish Lira conversion tables
The exchange rate of Polygon is increasing.
The current value of 1 MATIC is TRY 13.88 TRY. In other words, to buy 5 Polygon, it would cost you TRY 69.41 TRY. Inversely, TRY 1.00 TRY would allow you to trade for 0.0720 MATIC while TRY 50.00 TRY would convert to 3.6018 MATIC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 8.08%. Meanwhile, in the last 24 hours, the rate has changed by 3.1%, which means that the the highest exchange rate of 1 MATIC to Turkish Lira was TRY 13.98 TRY and the lowest 24 hour value was 1 MATIC for TRY 13.39 TRY. This time last month, the value of 1 MATIC was TRY 14.90 TRY, which is a 7.31% increase from where it is now. Looking back a year, Polygon has changed by TRY 14.58 TRY. That means that in a single year, the value of Polygon has shrank by 26.23%.
MATIC to TRY performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
TRY 13.47 TRY | 3.10% | TRY 12.83 TRY | 8.08% | TRY 14.90 TRY | -7.31% | TRY 14.58 TRY | -26.23% |
MATIC to TRY
Amount | Today at 8:48 am |
|---|---|
0.5 MATIC | TRY 6.94 |
1 MATIC | TRY 13.88 |
5 MATIC | TRY 69.41 |
10 MATIC | TRY 138.82 |
50 MATIC | TRY 694.09 |
100 MATIC | TRY 1,388.18 |
500 MATIC | TRY 6,940.88 |
1,000 MATIC | TRY 13,881.76 |
TRY to MATIC
Amount | Today at 8:48 am |
|---|---|
0.5 TRY | 0.0360 MATIC |
1 TRY | 0.0720 MATIC |
5 TRY | 0.36 MATIC |
10 TRY | 0.72 MATIC |
50 TRY | 3.60 MATIC |
100 TRY | 7.20 MATIC |
500 TRY | 36.02 MATIC |
1,000 TRY | 72.04 MATIC |
Today vs. 24 hours ago
Amount | Today at 8:48 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 MATIC | TRY 6.94 | TRY 6.73 | +3.07% |
1 MATIC | TRY 13.88 | TRY 13.47 | +3.07% |
5 MATIC | TRY 69.41 | TRY 67.34 | +3.07% |
10 MATIC | TRY 138.82 | TRY 134.68 | +3.07% |
50 MATIC | TRY 694.09 | TRY 673.39 | +3.07% |
100 MATIC | TRY 1,388.18 | TRY 1,346.78 | +3.07% |
500 MATIC | TRY 6,940.88 | TRY 6,733.90 | +3.07% |
1,000 MATIC | TRY 13,881.76 | TRY 13,467.81 | +3.07% |
Today vs. 1 month ago
Amount | Today at 8:48 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 MATIC | TRY 6.94 | TRY 7.51 | -7.56% |
1 MATIC | TRY 13.88 | TRY 15.02 | -7.56% |
5 MATIC | TRY 69.41 | TRY 75.08 | -7.56% |
10 MATIC | TRY 138.82 | TRY 150.16 | -7.56% |
50 MATIC | TRY 694.09 | TRY 750.81 | -7.56% |
100 MATIC | TRY 1,388.18 | TRY 1,501.63 | -7.56% |
500 MATIC | TRY 6,940.88 | TRY 7,508.14 | -7.56% |
1,000 MATIC | TRY 13,881.76 | TRY 15,016.28 | -7.56% |
Today vs. 1 year ago
Amount | Today at 8:48 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 MATIC | TRY 6.94 | TRY 9.21 | -24.64% |
1 MATIC | TRY 13.88 | TRY 18.42 | -24.64% |
5 MATIC | TRY 69.41 | TRY 92.11 | -24.64% |
10 MATIC | TRY 138.82 | TRY 184.22 | -24.64% |
50 MATIC | TRY 694.09 | TRY 921.08 | -24.64% |
100 MATIC | TRY 1,388.18 | TRY 1,842.16 | -24.64% |
500 MATIC | TRY 6,940.88 | TRY 9,210.78 | -24.64% |
1,000 MATIC | TRY 13,881.76 | TRY 18,421.56 | -24.64% |
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