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base info Merlin Chain

Merlin Chain to Kazakhstani Tenge Converter and calculator

Convert 1Merlin Chain (MERL) to Kazakhstani Tenge (KZT) equals ₸ 265.16 | 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 Merlin Chain(MERL) to Kazakhstani Tenge(KZT). This is the real-time data. The current conversion shows 1 MERL at a value of 1 MERL for 265.16 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.

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

MERL to KZT conversion rate trend

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In the past 1D, Merlin Chain has changed -6.19% to KZT. Based on the trend and price charts, Merlin Chain(MERL) has changed -6.19% to KZT while Kazakhstani Tenge(KZT) has changed % to MERL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₸268.9
0.0001% / 0.0004%vip-iconVIP
OKX
₸268.48
0.080% / 0.100%
Yes
Huobi
₸268.52
0.1000% / 0.1000%
Yes
Gate.io
₸268.48
0.1000% / 0.1000%
Yes
Bybit
₸269.01
0.1000% / 0.1000%
Yes
KuCoin
₸268.56
0.1000% / 0.1000%
Yes
Last updated 2024/06/02 18:00:16(UTC+0)

How to buy Merlin Chain

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Buy Merlin Chain (MERL)
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What factors influence the conversion rate of Merlin Chain to Kazakhstani Tenge?

Merlin Chain to Kazakhstani Tenge is rising this week.
Merlin Chain's current market price is ₸ 265.16 per MERL, with a total market cap of ₸ 95,457,958,825.34 KZT based on a circulating supply of 360,000,000 MERL. The trading volume of Merlin Chain has changed by +7.02% (₸ 2,722,230,716.62 KZT) in the last 24 hours. Last trading day, MERL's trading volume was ₸ 38,790,371,863.32.
Market cap
$213.69M
24h volume
$92.93M
Circulating supply
360.00M MERL

Conversion tables

The exchange rate of Merlin Chain is increasing.
1 MERL is currently valued at ₸ 265.16 KZT , which means buying 5 MERL will cost ₸ 1,325.81 KZT . Similarly, ₸1 KZT can be traded for 0.003771 MERL, and ₸50 KZT can be converted to 0.1886 MERL, excluding any platform or gas fees.
The exchange rate of 1 MERL to Kazakhstani Tenge has changed by +22.75% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.19%, reaching a high of 302.14 KZT and a low of 263.24 KZT . One month ago, the value of 1 MERL was ₸ 256.69 KZT , which represents a +3.33% change from its current value. Over the last year, Merlin Chain has changed by
+
263.24KZT
, resulting in a change of --% in its value.

MERL to KZT

Amount
18:13 today
0.5 MERL
132.58
1 MERL
265.16
5 MERL
1,325.81
10 MERL
2,651.61
50 MERL
13,258.05
100 MERL
26,516.1
500 MERL
132,580.5
1000 MERL
265,161.01

KZT to MERL

Amount18:13 today
0.5KZT0.001886  MERL
1KZT0.003771  MERL
5KZT0.01886  MERL
10KZT0.03771  MERL
50KZT0.1886  MERL
100KZT0.3771  MERL
500KZT1.89  MERL
1000KZT3.77  MERL
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Today vs. 24 hours ago

Amount18:13 today24 hours ago24h change
0.5 MERL$0.2968$0.3162
-6.19%
1 MERL$0.5936$0.6325
-6.19%
5 MERL$2.97$3.16
-6.19%
10 MERL$5.94$6.32
-6.19%
50 MERL$29.68$31.62
-6.19%
100 MERL$59.36$63.25
-6.19%
500 MERL$296.79$316.23
-6.19%
1000 MERL$593.58$632.45
-6.19%

Today vs. 1 month ago

Amount18:13 today1 month ago1M change
0.5 MERL$0.2968$0.2873
+3.33%
1 MERL$0.5936$0.5746
+3.33%
5 MERL$2.97$2.87
+3.33%
10 MERL$5.94$5.75
+3.33%
50 MERL$29.68$28.73
+3.33%
100 MERL$59.36$57.46
+3.33%
500 MERL$296.79$287.31
+3.33%
1000 MERL$593.58$574.61
+3.33%
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Today vs. 1 year ago

Amount18:13 today1 year ago1Y change
0.5 MERL$0.2968$0.002155
--
1 MERL$0.5936$0.004309
--
5 MERL$2.97$0.02155
--
10 MERL$5.94$0.04309
--
50 MERL$29.68$0.2155
--
100 MERL$59.36$0.4309
--
500 MERL$296.79$2.15
--
1000 MERL$593.58$4.31
--

Merlin Chain price prediction

What will the price of MERL be in 2025?

Based on MERL's historical price performance prediction model, the price of MERL is projected to reach -- in 2025.

What will the price of MERL be in 2030?

In 2030, the MERL price is expected to rise by -12.00%. By the end of 2030, the MERL price is projected to reach --, with a cumulative ROI of 0.00%.
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Buy Merlin Chain for 1 KZT
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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 Merlin Chain 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 Merlin Chain 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 Merlin Chain 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.

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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.