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MTC to AMD Converter and calculator

MTC/AMD: 1 MTC = 0.1049 AMD. The price of converting 1 Matrix Chain (MTC) to Armenian Dram (AMD) is 0.1049 AMD today.
MTC
MTC
AMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MTC to AMD real-time exchange rates, making it easy to convert Matrix Chain (MTC) to Armenian Dram (AMD). The conversion result is based on real-time data. The conversion result shows that 1 MTC is currently valued at 0.10 AMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MTC is currently valued at 0.10 AMD, which means buying 5 MTC would cost 0.52 AMD. Similarly, ֏1 AMD can be converted to 9.53 MTC, and ֏50 AMD can be converted to 47.67 MTC, excluding any platform or gas fees.

Convert MTC to AMD

Convert AMD to MTC

Matrix Chain
Armenian Dram
10000 MTC
1,048.98  AMD
In the table above, you'll find a comprehensive MTC to AMD converter that shows the value of Matrix Chain in Armenian Dram across commonly used conversion amounts. The list covers conversions from 1 MTC to AMD, all the way up to 10000 MTC, providing a clear view of their respective values.
Armenian Dram
Matrix Chain
10000 AMD
95,331.05 MTC
50000 AMD
476,655.27 MTC
100000 AMD
953,310.55 MTC
In the table above, you'll find a comprehensive AMD to MTC converter that shows the value of Armenian Dram in Matrix Chain across commonly used conversion amounts. The list covers conversions from 1 AMD to MTC, all the way up to 100000 AMD, providing a clear view of their respective values.

MTC to AMD chart

MTC/AMD: 1 MTC = 0.1049 AMD; 2025/04/26 14:11:51
In the past 1D, Matrix Chain has changed +0.40% to AMD. Based on the trend and price charts, Matrix Chain(MTC) has changed +0.40% to AMD while Armenian Dram(AMD) has changed % to MTC in the last 24 hours.
1D7D1M3M1YAll

MTC to AMD conversion data: Volatility and price changes of Matrix Chain in AMD

The highest Matrix Chain price in AMD over the past 7 days was 0.1047 AMD while the lowest Matrix Chain price in AMD over the past 7 days was 0.1038 AMD. The relative change between the highs and lows in Matrix Chain price in AMD over the last 7 days indicates a volatility of %. You can view additional volatility data and MTC to AMD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.1047 AMD
0.1047 AMD
0.1065 AMD
0.1201 AMD
Low
0.1038 AMD
0.1038 AMD
0.1038 AMD
0.1038 AMD
Average
0 AMD
0 AMD
0 AMD
0 AMD
Volatility
%
%
%
%
Change
+0.40%
+0.70%
-1.63%
-13.04%

Matrix Chain information

MTC to AMD market statistics

MTC/AMD:
֏0.1049
MTC 24h volume:
--
MTC market cap:
--
MTC circulating supply:
0 MTC

Current MTC to AMD exchange rate

Matrix Chain to Armenian Dram is rising this week.
Matrix Chain's current market price is ֏0.1049 per MTC, with a total market cap of ֏0 AMD based on a circulating supply of -- MTC. The trading volume of Matrix Chain has changed by 0.00% (֏0 AMD) in the last 24 hours. Last trading day, MTC's trading volume was ֏0.

More info about Matrix Chain on Bitget

Armenian Dram information

About the Armenian Dram (AMD)

What Is the Armenian Dram (AMD)?

The Armenian Dram (AMD), the national currency of the Republic of Armenia, plays a pivotal role in the country's economy. Represented by the ISO code AMD and symbolized as ֏, the Dram was introduced on November 22, 1993, after the country gained independence from the Soviet Union. The Armenian Dram is the sole legal tender in Armenia, and it is used for all transactions within the country.

The Armenian Dram is issued by the Central Bank of Armenia. Established on March 27, 1993, the Central Bank is responsible for the issuance, regulation, and circulation of the Armenian Dram, as well as implementing the monetary policy of Armenia.

What Is the History of AMD?

The first instance of a currency called "Dram" in Armenia dates back to the period from 1199 to 1375, when silver coins named dram or tram were issued. The Dram underwent several transformations, influenced by various regimes, including the Russian Empire and the Soviet Union. Following Armenia's independence from the Soviet Union on September 21, 1991, the Dram was introduced on November 22, 1993, replacing the Russian ruble.

Notes and Coins of AMD

The official symbol of the Armenian Dram, designed in 1995, is represented by the first capital letter of the word Dram (Դ) with two horizontal lines (֏). Coins in Armenia are available in denominations of 10, 20, 50, 100, 200, and 500 drams, introduced in two series - the first in 1994 and the second between 2003 and 2004.

Armenia has issued three series of banknotes. The first series was introduced in 1993 and was in circulation until 2005. The second series, issued from 1998 onwards, is still in use. A third series was introduced in 2018, featuring denominations of 1,000, 2,000, 5,000, 10,000, 20,000, and 50,000 drams.

Exchange Rates and Economic Implications

The Dram was initially valued at Rbls 200 = 1 dram (US$1 = 404 Drams) in 1993. The exchange rate of the Dram is subject to fluctuations based on global and regional economic conditions. The Dram’s value and exchange rates are crucial for Armenia's trade and economic stability.

Is AMD Pegged to USD?

The Armenian Dram (AMD) is not pegged to the United States Dollar (USD). Armenia operates a floating exchange rate system, where the value of the dram is determined by market forces of supply and demand in the foreign exchange market. This means that the exchange rate of the dram against the USD and other currencies can fluctuate based on economic factors, market sentiment, and other variables.

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

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How to convert MTC to AMD

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MTC to AMD Conversion tables

The exchange rate of Matrix Chain is decreasing.
The exchange rate of 1 MTC to Armenian Dram has changed by +0.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.40%, reaching a high of 0.1047 AMD and a low of 0.1038 AMD . One month ago, the value of 1 MTC was ֏0.1066 AMD , which represents a -1.63% change from its current value. Over the last year, Matrix Chain has changed by
-֏
141.7AMD
, resulting in a change of -99.93% in its value.
24 hours ago1 month ago1 year ago
Amount14:11 today24 hours ago24h change
0.5 MTC֏0.05245֏0.05224
+0.40%
1 MTC֏0.1049֏0.1045
+0.40%
5 MTC֏0.5245֏0.5224
+0.40%
10 MTC֏1.05֏1.04
+0.40%
50 MTC֏5.24֏5.22
+0.40%
100 MTC֏10.49֏10.45
+0.40%
500 MTC֏52.45֏52.24
+0.40%
1000 MTC֏104.9֏104.48
+0.40%

MTC to AMD FAQ

How much is 1 Matrix Chain in AMD?
Right now, the price of 1 Matrix Chain (MTC) in Armenian Dram (AMD) is ֏0.1049.
How much MTC can I buy for 1 AMD?
Based on the current exchange rate, you can get 9.53 MTC for 1 AMD.
How do I calculate or convert MTC to AMD?
You can use our MTC to AMD calculator at the top of this page to convert any amount of MTC to AMD. We've also included quick-reference tables for the most popular conversions. For example, 5 AMD is equivalent to 47.67 MTC, while 5 MTC will cost around 0.5245AMD.
What is the highest price of MTC/AMD in history?
The all-time high price of 1 MTC in AMD is ֏385.02. It remains to be seen if the value of 1 MTC/AMD will exceed the current all-time high.
What is the price trend of Matrix Chain in AMD?
Over the past 7 days, the exchange rate of Matrix Chain (MTC) has gone up by 0.70%.   Over the last month, the exchange rate of Matrix Chain (MTC) has gone down by 1.63% against Armenian Dram (AMD).

What factors influence the conversion rate of MTC to AMD?

There are many factors that affect the relationship between Matrix Chain and Armenian Dram, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of MTC/AMD. When there is positive news in the market about the widespread adoption of MTC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MTC/AMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MTC/AMD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of MTC/AMD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Matrix Chain and adjust their investment strategies accordingly in the evolving market.

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