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1MDC to Kazakhstani Tenge Converter and calculator

Convert 11MDC (1MDC) to Kazakhstani Tenge (KZT) equals ₸ 0.{6}8999 | 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 1MDC(1MDC) to Kazakhstani Tenge(KZT). This is the real-time data. The current conversion shows 1 1MDC at a value of 1 1MDC for 0.00 KZT . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

KZT information

About Kazakhstani Tenge (KZT)

The Kazakhstani Tenge (KZT), introduced in 1993, is a significant symbol of Kazakhstan's national identity and economic independence. It is commonly abbreviated as KZT and represented by the symbol ₸. Emerging after the dissolution of the Soviet Union, the Tenge marked a pivotal transition from a centrally planned economy to a market-oriented one.

Historical Background

The introduction of the Tenge was a crucial moment in post-Soviet Kazakhstan, signifying a break from the Russian Ruble and the commencement of a distinct monetary policy. It symbolized a new era of self-determination and was a crucial step in building the newly independent nation's economy.

Design and Symbolism

The design of the Kazakhstani Tenge is a rich tapestry of the country's history, culture, and aspirations. Banknotes and coins feature images of significant historical figures, like the poet Abai Kunanbaiuly and philosopher Al-Farabi, alongside landmarks and symbols representing Kazakhstan’s vast landscapes and cultural heritage. These designs not only facilitate transactions but also serve as a source of national pride and identity.

Economic Role

The Tenge plays a critical role in Kazakhstan’s economy, characterized by its vast natural resources, including oil, gas, and minerals. As the primary medium of exchange, it supports various sectors of the economy, facilitating trade, investment, and the daily financial transactions of individuals and businesses.

Monetary Policy and Inflation

Managed by the National Bank of Kazakhstan, the Tenge has faced challenges such as inflation and currency devaluation, particularly during periods of global economic instability. The central bank’s monetary policies focus on stabilizing the Tenge, which is crucial for maintaining economic confidence and fostering sustainable growth.

International Trade and the Kazakhstani Tenge

The Tenge’s exchange rate is an important factor in international trade, particularly for Kazakhstan's key exports in the energy and mining sectors. A stable Tenge is vital for maintaining competitive export prices and attracting foreign investment.

Remittances and the Economy

Remittances from Kazakh citizens working abroad, particularly in Russia and Europe, are a notable source of foreign income. These remittances, converted into Tenge, play a significant role in supporting households and contributing to the national economy.

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Bitget crypto-to-fiat exchange data shows that the most popular 1MDC currency pair is the 1MDC to KZT, with for 1MDC's currency code being 1MDC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KZT.

1MDC to KZT conversion rate trend

1D7D1M3M1YAll
In the past 1D, 1MDC has changed -4.38% to KZT. Based on the trend and price charts, 1MDC(1MDC) has changed -4.38% to KZT while Kazakhstani Tenge(KZT) has changed % to 1MDC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₸0.{6}8999
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/24 00:34:24(UTC+0)

How to buy 1MDC

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy 1MDC (1MDC)
Use a variety of payment options to buy 1MDC on Bitget. We'll show you how.

Buy 1MDC (or USDT) for KZT (Kazakhstani Tenge) offers

Bitget P2P trading does not currently support direct buying of 1MDC with KZT. However, you can buy USDT in Bitget P2P trading first, and then buy 1MDC with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Zero fees
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Sell 1MDC (or USDT) for KZT (Kazakhstani Tenge) offers

Bitget P2P trading currently does not support direct selling of 1MDC to KZT. However, you can first exchange 1MDC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of 1MDC to Kazakhstani Tenge?

1MDC to Kazakhstani Tenge is falling this week.
1MDC's current market price is ₸ 0.{6}8999 per 1MDC, with a total market cap of ₸ 0 KZT based on a circulating supply of -- 1MDC. The trading volume of 1MDC has changed by -56.69% (₸ -112,631.10 KZT) in the last 24 hours. Last trading day, 1MDC's trading volume was ₸ 198,668.45.
Market cap
$0
24h volume
$164.72817709
Circulating supply
0 1MDC

Conversion tables

The exchange rate of 1MDC is decreasing.
1 1MDC is currently valued at ₸ 0.{6}8999 KZT , which means buying 5 1MDC will cost ₸ 0.{5}4500 KZT . Similarly, ₸1 KZT can be traded for 1,111,184.91 1MDC, and ₸50 KZT can be converted to 55,559,245.6 1MDC, excluding any platform or gas fees.
The exchange rate of 1 1MDC to Kazakhstani Tenge has changed by -37.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.38%, reaching a high of 0.{6}9412 KZT and a low of 0.{6}8680 KZT . One month ago, the value of 1 1MDC was ₸ 0.{5}3174 KZT , which represents a -71.65% change from its current value. Over the last year, 1MDC has changed by
+
0.{6}3776KZT
, resulting in a change of 0.00% in its value.

1MDC to KZT

Amount
00:44 am today
0.5 1MDC
0.{6}4500
1 1MDC
0.{6}8999
5 1MDC
0.{5}4500
10 1MDC
0.{5}8999
50 1MDC
0.{4}4500
100 1MDC
0.{4}8999
500 1MDC
0.0004500
1000 1MDC
0.0008999

KZT to 1MDC

Amount00:44 am today
0.5KZT555,592.46  1MDC
1KZT1,111,184.91  1MDC
5KZT5,555,924.56  1MDC
10KZT11,111,849.12  1MDC
50KZT55,559,245.6  1MDC
100KZT111,118,491.19  1MDC
500KZT555,592,455.97  1MDC
1000KZT1,111,184,911.94  1MDC

Today vs. 24 hours ago

Amount00:44 am today24 hours ago24h change
0.5 1MDC$0.{9}8615$0.{9}9010
-4.38%
1 1MDC$0.{8}1723$0.{8}1802
-4.38%
5 1MDC$0.{8}8615$0.{8}9010
-4.38%
10 1MDC$0.{7}1723$0.{7}1802
-4.38%
50 1MDC$0.{7}8615$0.{7}9010
-4.38%
100 1MDC$0.{6}1723$0.{6}1802
-4.38%
500 1MDC$0.{6}8615$0.{6}9010
-4.38%
1000 1MDC$0.{5}1723$0.{5}1802
-4.38%

Today vs. 1 month ago

Amount00:44 am today1 month ago1M change
0.5 1MDC$0.{9}8615$0.{8}3039
-71.65%
1 1MDC$0.{8}1723$0.{8}6077
-71.65%
5 1MDC$0.{8}8615$0.{7}3039
-71.65%
10 1MDC$0.{7}1723$0.{7}6077
-71.65%
50 1MDC$0.{7}8615$0.{6}3039
-71.65%
100 1MDC$0.{6}1723$0.{6}6077
-71.65%
500 1MDC$0.{6}8615$0.{5}3039
-71.65%
1000 1MDC$0.{5}1723$0.{5}6077
-71.65%

Today vs. 1 year ago

Amount00:44 am today1 year ago1Y change
0.5 1MDC$0.{9}8615$0.00
0.00%
1 1MDC$0.{8}1723$0.00
0.00%
5 1MDC$0.{8}8615$0.00
0.00%
10 1MDC$0.{7}1723$0.00
0.00%
50 1MDC$0.{7}8615$0.00
0.00%
100 1MDC$0.{6}1723$0.00
0.00%
500 1MDC$0.{6}8615$0.00
0.00%
1000 1MDC$0.{5}1723$0.00
0.00%

1MDC price prediction

What will the price of 1MDC be in 2025?

Based on 1MDC's historical price performance prediction model, the price of 1MDC is projected to reach $0.{7}1228 in 2025.

What will the price of 1MDC be in 2030?

In 2030, the 1MDC price is expected to change by +9.00%. By the end of 2030, the 1MDC price is projected to reach $0.{7}1388, with a cumulative ROI of +705.77%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between 1MDC and KZT.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as 1MDC and KZT. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of 1MDC in KZT, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.