MATIC/TRY: Convert Polygon (MATIC) to Turkish Lira (TRY)
1 Polygon equals TRY 18.66 Turkish Lira
Last update: 4:30 AM, June 19, 2024
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Overview
About Polygon (MATIC)
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.
Resources
How Polygon (MATIC) and Turkish Lira (TRY) 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.
Polygon Markets
Polygon is falling this week.
The current price of Polygon is TRY 18.66 per MATIC. With a circulating supply of 9,897,465,124.276 MATIC, it means that Polygon has a total market cap of TRY 184,371,923,773.29. The amount of Polygon traded has fallen by TRY 1,652,355,208.15 in the last 24 hours, which is a 13.74% decrease. Additionally, in the last day, TRY 12,029,274,556.86 worth of MATIC has been traded.
CA$184.4B
CA$12.0B
9.9B MATIC
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FAQ
How much is 1 Polygon in TRY?
Right now, 1 Polygon is worth about TRY 18.66.
How much MATIC could I buy for 1 TRY?
Based on the current rate, you could get 0.0536 MATIC for 1 TRY.
How much has the price of Polygon changed?
Polygon price has been on the rise. Since yesterday, the exchange rate of Polygon has increased. Since last month, the exchange rate of Polygon has decreased. Since this time last year, the price of Polygon has decreased.
How do I calculate or convert MATIC to TRY?
You can use our MATIC to TRY calculator at the top of this page to convert any amount of MATIC to TRY. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 TRY is equivalent to 0.27 MATIC. Inversely, 5 MATIC will cost about 93.3 TRY.
How can I buy 1 Polygon on Coinbase?
Polygon is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Polygon.
Conversion tables
The exchange rate of Polygon is decreasing.
The current value of 1 MATIC is TRY 18.66 TRY. In other words, to buy 5 Polygon, it would cost you TRY 93.30 TRY. Inversely, TRY 1.00 TRY would allow you to trade for 0.0536 MATIC while TRY 50.00 TRY would convert to 2.6795 MATIC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 8.43%. Meanwhile, in the last 24 hours, the rate has changed by 4.33%, which means that the the highest exchange rate of 1 MATIC to Turkish Lira was 0.574 TRY and the lowest 24 hour value was 1 MATIC for 0.5313 TRY. This time last month, the value of 1 MATIC was TRY 23.06 TRY, which is a 19.09% increase from where it is now. Looking back a year, Polygon has changed by TRY 1.41 TRY. That means that in a single year, the value of Polygon has shrank by 7.05%.
MATIC to TRY
Amount | Today at 4:30 am |
---|---|
0.5 MATIC | TRY 9.33 |
1 MATIC | TRY 18.66 |
5 MATIC | TRY 93.30 |
10 MATIC | TRY 186.60 |
50 MATIC | TRY 933.02 |
100 MATIC | TRY 1,866.04 |
500 MATIC | TRY 9,330.20 |
1,000 MATIC | TRY 18,660.40 |
TRY to MATIC
Amount | Today at 4:30 am |
---|---|
0.5 TRY | 0.0268 MATIC |
1 TRY | 0.0536 MATIC |
5 TRY | 0.27 MATIC |
10 TRY | 0.54 MATIC |
50 TRY | 2.68 MATIC |
100 TRY | 5.36 MATIC |
500 TRY | 26.79 MATIC |
1,000 TRY | 53.59 MATIC |
Today vs. 24 hours ago
Amount | Today at 4:30 am | 24 hours ago | 24H Change |
---|---|---|---|
0.5 MATIC | TRY 9.33 | TRY 8.94 | +4.33% |
1 MATIC | TRY 18.66 | TRY 17.89 | +4.33% |
5 MATIC | TRY 93.30 | TRY 89.43 | +4.33% |
10 MATIC | TRY 186.60 | TRY 178.86 | +4.33% |
50 MATIC | TRY 933.02 | TRY 894.31 | +4.33% |
100 MATIC | TRY 1,866.04 | TRY 1,788.63 | +4.33% |
500 MATIC | TRY 9,330.20 | TRY 8,943.14 | +4.33% |
1,000 MATIC | TRY 18,660.40 | TRY 17,886.28 | +4.33% |
Today vs. 1 month ago
Amount | Today at 4:30 am | 1 months ago | 1M Change |
---|---|---|---|
0.5 MATIC | TRY 9.33 | TRY 11.53 | -19.09% |
1 MATIC | TRY 18.66 | TRY 23.06 | -19.09% |
5 MATIC | TRY 93.30 | TRY 115.32 | -19.09% |
10 MATIC | TRY 186.60 | TRY 230.63 | -19.09% |
50 MATIC | TRY 933.02 | TRY 1,153.17 | -19.09% |
100 MATIC | TRY 1,866.04 | TRY 2,306.34 | -19.09% |
500 MATIC | TRY 9,330.20 | TRY 11,531.69 | -19.09% |
1,000 MATIC | TRY 18,660.40 | TRY 23,063.38 | -19.09% |
Today vs. 1 year ago
Amount | Today at 4:30 am | 1 year ago | 1Y Change |
---|---|---|---|
0.5 MATIC | TRY 9.33 | TRY 10.04 | -7.05% |
1 MATIC | TRY 18.66 | TRY 20.07 | -7.05% |
5 MATIC | TRY 93.30 | TRY 100.37 | -7.05% |
10 MATIC | TRY 186.60 | TRY 200.75 | -7.05% |
50 MATIC | TRY 933.02 | TRY 1,003.74 | -7.05% |
100 MATIC | TRY 1,866.04 | TRY 2,007.47 | -7.05% |
500 MATIC | TRY 9,330.20 | TRY 10,037.35 | -7.05% |
1,000 MATIC | TRY 18,660.40 | TRY 20,074.71 | -7.05% |
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