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MATRIX to UAH Converter and calculator

MATRIX/UAH: 1 MATRIX = 0.02020 UAH. The price of converting 1 Matrix Labs (MATRIX) to Ukrainian Hryvnia (UAH) is 0.02020 UAH today.
MATRIX
MATRIX
UAH
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MATRIX to UAH real-time exchange rates, making it easy to convert Matrix Labs (MATRIX) to Ukrainian Hryvnia (UAH). The conversion result is based on real-time data. The conversion result shows that 1 MATRIX is currently valued at 0.02 UAH. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MATRIX is currently valued at 0.02 UAH, which means buying 5 MATRIX would cost 0.10 UAH. Similarly, ₴1 UAH can be converted to 49.51 MATRIX, and ₴50 UAH can be converted to 247.55 MATRIX, excluding any platform or gas fees.

Convert MATRIX to UAH

Convert UAH to MATRIX

Matrix Labs
Ukrainian Hryvnia
1 MATRIX
0.02020  UAH
2 MATRIX
0.04040  UAH
10 MATRIX
0.2020  UAH
20 MATRIX
0.4040  UAH
1000 MATRIX
20.2  UAH
5000 MATRIX
100.99  UAH
10000 MATRIX
201.98  UAH
In the table above, you'll find a comprehensive MATRIX to UAH converter that shows the value of Matrix Labs in Ukrainian Hryvnia across commonly used conversion amounts. The list covers conversions from 1 MATRIX to UAH, all the way up to 10000 MATRIX, providing a clear view of their respective values.
Ukrainian Hryvnia
Matrix Labs
100 UAH
4,950.93 MATRIX
200 UAH
9,901.86 MATRIX
500 UAH
24,754.66 MATRIX
1000 UAH
49,509.32 MATRIX
2000 UAH
99,018.65 MATRIX
5000 UAH
247,546.62 MATRIX
10000 UAH
495,093.23 MATRIX
50000 UAH
2,475,466.15 MATRIX
100000 UAH
4,950,932.3 MATRIX
In the table above, you'll find a comprehensive UAH to MATRIX converter that shows the value of Ukrainian Hryvnia in Matrix Labs across commonly used conversion amounts. The list covers conversions from 1 UAH to MATRIX, all the way up to 100000 UAH, providing a clear view of their respective values.

MATRIX to UAH chart

MATRIX/UAH: 1 MATRIX = 0.02020 UAH; 2025/04/30 04:42:06
In the past 1D, Matrix Labs has changed -0.00% to UAH. Based on the trend and price charts, Matrix Labs(MATRIX) has changed -0.00% to UAH while Ukrainian Hryvnia(UAH) has changed % to MATRIX in the last 24 hours.
1D7D1M3M1YAll

MATRIX to UAH conversion data: Volatility and price changes of Matrix Labs in UAH

The highest Matrix Labs price in UAH over the past 7 days was 0.02020 UAH while the lowest Matrix Labs price in UAH over the past 7 days was 0.01759 UAH. The relative change between the highs and lows in Matrix Labs price in UAH over the last 7 days indicates a volatility of %. You can view additional volatility data and MATRIX to UAH 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
0.02020 UAH
0.02020 UAH
0.02139 UAH
0.03295 UAH
Low
0.02020 UAH
0.01759 UAH
0.01603 UAH
0.01603 UAH
Average
0 UAH
0 UAH
0 UAH
0 UAH
Volatility
%
%
%
%
Change
-0.00%
+0.94%
-0.66%
-36.31%

Matrix Labs information

MATRIX to UAH market statistics

MATRIX/UAH:
₴0.02020
MATRIX 24h volume:
--
MATRIX market cap:
--
MATRIX circulating supply:
0 MATRIX

Current MATRIX to UAH exchange rate

Matrix Labs to Ukrainian Hryvnia is rising this week.
Matrix Labs's current market price is ₴0.02020 per MATRIX, with a total market cap of ₴0 UAH based on a circulating supply of -- MATRIX. The trading volume of Matrix Labs has changed by 0.00% (₴0 UAH) in the last 24 hours. Last trading day, MATRIX's trading volume was ₴0.

More info about Matrix Labs on Bitget

Ukrainian Hryvnia information

About the Ukrainian Hryvnia (UAH)

What Is the Ukrainian Hryvnia (UAH)?

The Ukrainian Hryvnia (UAH) is the national currency of Ukraine since September 1996. Represented by the ISO code UAH and symbolized as ₴, the Hryvnia replaced the Karbovanets due to hyperinflation following the collapse of the Soviet Union. This currency, sometimes written as Hryvnya or Grivna, is subdivided into 100 kopiykas. The Ukrainian Hryvnia is the sole legal tender in Ukraine, and it is used for all transactions within the country.

The Ukrainian Hryvnia is issued by the National Bank of Ukraine, which is the central bank of Ukraine. The National Bank of Ukraine is responsible for the printing and circulation of the currency, as well as for maintaining the country's financial stability and economic development.

What Is the History of UAH?

The Hryvnia's name is derived from a medieval measure of weight in the Slavic region. An earlier version of the currency circulated in 1917 after Ukraine declared independence from the Russian Tsarist Empire. The Karbovanets, used during the two World Wars, was replaced by the Hryvnia in 1996 at a rate of 100,000 Karbovanets to one Hryvnia.

Notes and Coins of UAH

The Hryvnia is managed by the National Bank of Ukraine, with banknotes in denominations of ₴10, ₴20, ₴50, ₴100, ₴200, and ₴500. Coins are issued in ₴1, ₴2, and ₴5 denominations. The currency symbol is a cursive Ukrainian letter He (г) with a double horizontal stroke, symbolizing stability.

Economic Impact and Usage

Ukraine's transition to a market economy saw challenges, with much of the population resorting to subsistence farming and barter systems. The introduction of the Hryvnia improved the situation slightly.

The Hryvnia is used in Ukraine, except in Crimea, where the Russian ruble was adopted in 2014 following annexation by Russia. The Hryvnia continued as a parallel currency until the end of 2015 in Crimea.

Modernization and Future Outlook

In January 2023, the National Bank of Ukraine began withdrawing older banknotes (designed between 2003 – 2007) from circulation, replacing them with modernized banknotes and newly designed coins. This move signifies ongoing efforts to streamline the currency and adapt to economic needs.

Is UAH Pegged to EUR?

No, the Ukrainian Hryvnia (UAH) is not pegged to the Euro or any other currency. The Hryvnia operates on a floating exchange rate system, where its value is determined by market forces of supply and demand in the foreign exchange market. This means that the exchange rate of the Hryvnia against other currencies, including the Euro, can fluctuate based on economic conditions, political stability, and other factors.

Is UAH a Stable Currency?

The Ukrainian Hryvnia (UAH) has experienced varying degrees of stability, significantly influenced by Ukraine's political and economic challenges. Notably, the currency underwent substantial devaluation during the political turmoil of 2014, losing about 70% of its value against the U.S. dollar and reaching a low of approximately ₴33 per dollar in 2015. However, it has also seen periods of recovery, such as in July 2019, when it strengthened to ₴24.98 against the dollar. Factors like political instability, economic pressures, inflation, and the level of foreign exchange reserves held by the National Bank of Ukraine play crucial roles in determining the hryvnia's stability. While there have been efforts by the National Bank to stabilize the currency, the Hryvnia remains susceptible to fluctuations, reflecting the broader economic and political landscape of Ukraine.

Why Did Ukraine Devalue UAH?

In July 2022, Ukraine's central bank made the strategic decision to devalue the Ukrainian Hryvnia by 25% against the US dollar, a move primarily aimed at addressing the country's balance of payments issues and boosting the competitiveness of its exports. This devaluation was a response to the economic pressures exacerbated by the ongoing regional conflict and geopolitical tensions, which had significantly impacted foreign investment and reduced access to international financial markets. By devaluing its currency, Ukraine sought to stabilize its economy, manage inflationary pressures, and make its export-oriented sectors, like agriculture, more attractive on the global market. This economic maneuver was part of a broader strategy to navigate the complex financial challenges the country faced during this tumultuous period.

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

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MATRIX to UAH Conversion tables

The exchange rate of Matrix Labs is decreasing.
The exchange rate of 1 MATRIX to Ukrainian Hryvnia has changed by +0.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.00%, reaching a high of 0.02020 UAH and a low of 0.02020 UAH . One month ago, the value of 1 MATRIX was ₴0.02033 UAH , which represents a -0.66% change from its current value. Over the last year, Matrix Labs has changed by
-
0.02566UAH
, resulting in a change of -55.96% in its value.
24 hours ago1 month ago1 year ago
Amount04:42 am today24 hours ago24h change
0.5 MATRIX₴0.01010₴0.01010
-0.00%
1 MATRIX₴0.02020₴0.02020
-0.00%
5 MATRIX₴0.1010₴0.1010
-0.00%
10 MATRIX₴0.2020₴0.2020
-0.00%
50 MATRIX₴1.01₴1.01
-0.00%
100 MATRIX₴2.02₴2.02
-0.00%
500 MATRIX₴10.1₴10.1
-0.00%
1000 MATRIX₴20.2₴20.2
-0.00%

MATRIX to UAH FAQ

How much is 1 Matrix Labs in UAH?
Right now, the price of 1 Matrix Labs (MATRIX) in Ukrainian Hryvnia (UAH) is ₴0.02020.
How much MATRIX can I buy for 1 UAH?
Based on the current exchange rate, you can get 49.51 MATRIX for 1 UAH.
How do I calculate or convert MATRIX to UAH?
You can use our MATRIX to UAH calculator at the top of this page to convert any amount of MATRIX to UAH. We've also included quick-reference tables for the most popular conversions. For example, 5 UAH is equivalent to 247.55 MATRIX, while 5 MATRIX will cost around 0.1010UAH.
What is the highest price of MATRIX/UAH in history?
The all-time high price of 1 MATRIX in UAH is ₴162.25. It remains to be seen if the value of 1 MATRIX/UAH will exceed the current all-time high.
What is the price trend of Matrix Labs in UAH?
Over the past 7 days, the exchange rate of Matrix Labs (MATRIX) has gone up by 0.94%.   Over the last month, the exchange rate of Matrix Labs (MATRIX) has gone down by 0.66% against Ukrainian Hryvnia (UAH).

What factors influence the conversion rate of MATRIX to UAH?

There are many factors that affect the relationship between Matrix Labs and Ukrainian Hryvnia, 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 MATRIX/UAH. When there is positive news in the market about the widespread adoption of MATRIX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MATRIX/UAH. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MATRIX/UAH.
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 MATRIX/UAH. 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 Labs and adjust their investment strategies accordingly in the evolving market.

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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.