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Miner Arena to Ukrainian Hryvnia Converter and calculator

Convert 1Miner Arena (MINAR) to Ukrainian Hryvnia (UAH) equals ₴ 1.45 | 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 Miner Arena(MINAR) to Ukrainian Hryvnia(UAH). This is the real-time data. The current conversion shows 1 MINAR at a value of 1 MINAR for 1.45 UAH . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

UAH 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.

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

MINAR to UAH conversion rate trend

1D7D1M3M1YAll
In the past 1D, Miner Arena has changed +0.04% to UAH. Based on the trend and price charts, Miner Arena(MINAR) has changed +0.04% to UAH while Ukrainian Hryvnia(UAH) has changed % to MINAR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₴1.45
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/07/10 23:41:33(UTC+0)

How to buy Miner Arena

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Buy Miner Arena (MINAR)
Use a variety of payment options to buy Miner Arena on Bitget. We'll show you how.

Buy MINAR (or USDT) for UAH (Ukrainian Hryvnia) offers

Bitget P2P trading does not currently support direct buying of MINAR with UAH. However, you can buy USDT in Bitget P2P trading first, and then buy MINAR with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
F
Free USDT UAVerified Merchant
896 tradesCompletion rate 100.00%
1 UAH
Amount21.37 USDT
Limit1 - 1 UAH
Bank TransfermonobankPrivatBankA-BankPUMBIzibankSportbankUkrsibbankBank Vlasnyi RakhunokSense SuperAppBank PivdennyUkrgasbank
Buy
U
UAH Flashsale-1 24/7Ultra-MerchantGolden merchantVerified Merchant
127 tradesCompletion rate 100.00%
39.3 UAH
Amount296.6 USDT
Limit590 - 1179 UAH
Bank Transfer
Buy
R
Rey TiggerVerified Merchant
7 tradesCompletion rate 100.00%
42.65 UAH
Amount249.28 USDT
Limit4000 - 15830 UAH
Bank TransfermonobankA-BankBank Vlasnyi Rakhunok
Buy
C
Crypto_HyperVerified Merchant
2 tradesCompletion rate 67.00%
42.68 UAH
Amount458.8 USDT
Limit1000 - 17492 UAH
monobankA-BankPUMBIzibank
Buy
P
P2P Exchange UAVerified Merchant
5 tradesCompletion rate 100.00%
42.69 UAH
Amount658.16 USDT
Limit4000 - 32446 UAH
monobankA-BankIzibank
Buy

Sell MINAR (or USDT) for UAH (Ukrainian Hryvnia) offers

Bitget P2P trading currently does not support direct selling of MINAR to UAH. However, you can first exchange MINAR for USDT in the Bitget spot market, and then sell USDT to UAH in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
B
BGUSER-GVKF93RTVerified Merchant
1 tradesCompletion rate 100.00%
43.02 UAH
Amount505 USDT
Limit10000 - 21725 UAH
GeoPay
Sell
B
Bigshort001Verified Merchant
16 tradesCompletion rate 84.00%
41.8 UAH
Amount80764.13 USDT
Limit20000 - 1000000 UAH
monobankPrivatBankPUMBIzibankUkrsibbankRaiffeisen BankBank Vlasnyi RakhunokBank PivdennyUkrgasbankConcordUnex BankOTP BANKPravex Bank
Sell
K
KriptasVerified Merchant
52 tradesCompletion rate 83.00%
41.32 UAH
Amount93431.46 USDT
Limit10000 - 400000 UAH
Bank TransfermonobankPrivatBankA-BankPUMBIzibankSportbankUkrsibbankRaiffeisen BankNEOBANKBank Vlasnyi RakhunokSense SuperAppBank PivdennyUkrgasbankConcordUnex BankOTP BANKPravex Bank
Sell
K
KriptasVerified Merchant
52 tradesCompletion rate 83.00%
41.31 UAH
Amount25639.45 USDT
Limit4000 - 1000000 UAH
Bank TransfermonobankPrivatBankA-BankNETELLEREasypayPUMBIzibankSportbankUkrsibbankRaiffeisen BankNEOBANKBank Vlasnyi RakhunokSense SuperAppMAIBVictoriabankBank PivdennyUkrgasbankConcordUnex BankOTP BANKPravex Bank
Sell
B
BGUSER-CUSJAKK7Verified Merchant
6 tradesCompletion rate 100.00%
41 UAH
Amount344.68 USDT
Limit500 - 8000 UAH
monobankPUMBRaiffeisen BankBank Vlasnyi RakhunokSense SuperApp
Sell

What factors influence the conversion rate of Miner Arena to Ukrainian Hryvnia?

Miner Arena to Ukrainian Hryvnia is falling this week.
Miner Arena's current market price is ₴ 1.45 per MINAR, with a total market cap of ₴ 0 UAH based on a circulating supply of -- MINAR. The trading volume of Miner Arena has changed by +0.10% (₴ 953.47 UAH) in the last 24 hours. Last trading day, MINAR's trading volume was ₴ 989,075.7.
Market cap
$0
24h volume
$24.30K
Circulating supply
0 MINAR

Conversion tables

The exchange rate of Miner Arena is decreasing.
1 MINAR is currently valued at ₴ 1.45 UAH , which means buying 5 MINAR will cost ₴ 7.26 UAH . Similarly, ₴1 UAH can be traded for 0.6891 MINAR, and ₴50 UAH can be converted to 34.46 MINAR, excluding any platform or gas fees.
The exchange rate of 1 MINAR to Ukrainian Hryvnia has changed by -4.13% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.04%, reaching a high of 1.46 UAH and a low of 1.44 UAH . One month ago, the value of 1 MINAR was ₴ 2.55 UAH , which represents a -43.13% change from its current value. Over the last year, Miner Arena has changed by
-
8.18UAH
, resulting in a change of -84.93% in its value.

MINAR to UAH

Amount
23:41 today
0.5 MINAR
0.7255
1 MINAR
1.45
5 MINAR
7.26
10 MINAR
14.51
50 MINAR
72.55
100 MINAR
145.11
500 MINAR
725.53
1000 MINAR
1,451.06

UAH to MINAR

Amount23:41 today
0.5UAH0.3446  MINAR
1UAH0.6891  MINAR
5UAH3.45  MINAR
10UAH6.89  MINAR
50UAH34.46  MINAR
100UAH68.91  MINAR
500UAH344.57  MINAR
1000UAH689.15  MINAR
Buy Miner Arena for 1 UAH
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Today vs. 24 hours ago

Amount23:41 today24 hours ago24h change
0.5 MINAR$0.01781$0.01780
+0.04%
1 MINAR$0.03561$0.03560
+0.04%
5 MINAR$0.1781$0.1780
+0.04%
10 MINAR$0.3561$0.3560
+0.04%
50 MINAR$1.78$1.78
+0.04%
100 MINAR$3.56$3.56
+0.04%
500 MINAR$17.81$17.8
+0.04%
1000 MINAR$35.61$35.6
+0.04%

Today vs. 1 month ago

Amount23:41 today1 month ago1M change
0.5 MINAR$0.01781$0.03130
-43.13%
1 MINAR$0.03561$0.06260
-43.13%
5 MINAR$0.1781$0.3130
-43.13%
10 MINAR$0.3561$0.6260
-43.13%
50 MINAR$1.78$3.13
-43.13%
100 MINAR$3.56$6.26
-43.13%
500 MINAR$17.81$31.3
-43.13%
1000 MINAR$35.61$62.6
-43.13%
Buy Miner Arena for 1 UAH
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Miner Arena now

Today vs. 1 year ago

Amount23:41 today1 year ago1Y change
0.5 MINAR$0.01781$0.1181
-84.93%
1 MINAR$0.03561$0.2363
-84.93%
5 MINAR$0.1781$1.18
-84.93%
10 MINAR$0.3561$2.36
-84.93%
50 MINAR$1.78$11.81
-84.93%
100 MINAR$3.56$23.63
-84.93%
500 MINAR$17.81$118.13
-84.93%
1000 MINAR$35.61$236.26
-84.93%

Miner Arena price prediction

What will the price of MINAR be in 2025?

Based on MINAR's historical price performance prediction model, the price of MINAR is projected to reach $0.07102 in 2025.

What will the price of MINAR be in 2030?

In 2030, the MINAR price is expected to change by +4.00%. By the end of 2030, the MINAR price is projected to reach $0.1075, with a cumulative ROI of +201.81%.
Buy Miner Arena for 1 UAH
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Miner Arena for 1 UAH
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Buy Miner Arena for 1 UAH
A welcome pack worth 1000 USDT for new Bitgetters!
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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 Miner Arena and UAH.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Miner Arena and UAH. 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 Miner Arena in UAH, 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.

Buy Miner Arena for 1 UAH

A welcome pack worth 1000 USDT for new Bitgetters!

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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.