PHA
BDT
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Phala Network(PHA) to Bangladeshi Taka(BDT). This is the real-time data. The current conversion shows 1 PHA at a value of 1 PHA for 14.62 BDT . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
BDT information
About Bangladeshi Taka (BDT)
The Bangladeshi Taka (BDT), introduced in 1972, is more than just the official currency of Bangladesh; it represents the country's journey through economic challenges and its aspirations for growth and stability. It is commonly abbreviated as BDT and represented by the symbol ৳. Replacing the Pakistani Rupee, the Taka was established following Bangladesh's independence, marking a significant step in the nation's quest for economic sovereignty.
Historical Background
The introduction of the Bangladeshi Taka was a pivotal development in the nascent nation’s history, reflecting its break from Pakistan and the establishment of an independent economic system. The Taka was integral to Bangladesh's efforts to build a self-reliant economy in the face of significant post-independence challenges.
Design and Symbolism
The design of the Bangladeshi Taka incorporates elements of the country’s rich cultural heritage and natural beauty. Banknotes and coins feature images of national heroes, historic landmarks, and symbols representing Bangladesh's art and nature. These designs serve not only as a medium for financial transactions but also as emblems of national pride and identity.
Economic Role
The Taka plays a crucial role in Bangladesh’s economy, which includes key sectors like garments manufacturing, agriculture, and remittances. As the primary medium of exchange, it supports these sectors, facilitating trade, investment, and the everyday economic activities of the Bangladeshi people.
Monetary Policy and Stability
Managed by the Bangladesh Bank, the nation's central bank, the Taka has navigated through various economic challenges, including inflation and currency devaluation. The bank's monetary policies aim to stabilize the currency, control inflation, and support sustainable economic growth, vital for maintaining public and investor confidence.
International Trade and the Bangladeshi Taka
In international trade, the stability of the Taka is crucial, particularly for Bangladesh's exports like ready-made garments, jute, and seafood. A stable Taka is vital for maintaining competitive export prices and managing the import of essential goods.
Remittances and Economic Impact
Remittances from Bangladeshis working abroad, particularly in the Middle East, Europe, and North America, are a significant source of foreign income. These remittances, converted into Takas, support many families and contribute to the national economy, providing a vital buffer against economic challenges.
Bitget crypto-to-fiat exchange data shows that the most popular Phala Network currency pair is the PHA to BDT, with for Phala Network's currency code being PHA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BDT.
PHA to BDT conversion rate trend
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In the past 1D, Phala Network has changed -1.03% to BDT. Based on the trend and price charts, Phala Network(PHA) has changed -1.03% to BDT while Bangladeshi Taka(BDT) has changed % to PHA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ৳14.79 | 0.0200% / 0.0320%  VIP 7 | |
Binance | ৳14.74 | 0.1000% / 0.1000% | Yes |
OKX | ৳14.69 | 0.080% / 0.100% | Yes |
Huobi | ৳14.72 | 0.1000% / 0.1000% | Yes |
Gate.io | ৳14.71 | 0.1000% / 0.1000% | Yes |
KuCoin | ৳14.66 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 08:00:23(UTC+0)
How to buy Phala Network
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Buy Phala Network (PHA)
Use a variety of payment options to buy Phala Network on Bitget. We'll show you how.
Buy PHA (or USDT) for BDT (Bangladeshi Taka) offers
Bitget P2P trading does not currently support direct buying of PHA with BDT. However, you can buy USDT in Bitget P2P trading first, and then buy PHA with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell PHA (or USDT) for BDT (Bangladeshi Taka) offers
Bitget P2P trading currently does not support direct selling of PHA to BDT. However, you can first exchange PHA for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Phala Network to Bangladeshi Taka?
Phala Network to Bangladeshi Taka is falling this week.Phala Network's current market price is ৳ 14.62 per PHA, with a total market cap of ৳ 11,269,846,249.35 BDT based on a circulating supply of 770,894,300 PHA. The trading volume of Phala Network has changed by +43.76% (৳ 544,853,052.88 BDT) in the last 24 hours. Last trading day, PHA's trading volume was ৳ 1,245,008,461.21.
Market cap
$94.30M
24h volume
$14.98M
Circulating supply
770.89M PHA
Conversion tables
The exchange rate of Phala Network is decreasing.1 PHA is currently valued at ৳ 14.62 BDT , which means buying 5 PHA will cost ৳ 73.1 BDT . Similarly, ৳1 BDT can be traded for 0.06840 PHA, and ৳50 BDT can be converted to 3.42 PHA, excluding any platform or gas fees.
The exchange rate of 1 PHA to Bangladeshi Taka has changed by -24.51% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.03%, reaching a high of 14.95 BDT and a low of 13.89 BDT . One month ago, the value of 1 PHA was ৳ 15.51 BDT , which represents a -5.73% change from its current value. Over the last year, Phala Network has changed by , resulting in a change of +3.43% in its value.
+৳
0.4870BDTPHA to BDT
Amount
12:40 today
0.5 PHA
৳7.31
1 PHA
৳14.62
5 PHA
৳73.1
10 PHA
৳146.19
50 PHA
৳730.96
100 PHA
৳1,461.92
500 PHA
৳7,309.59
1000 PHA
৳14,619.18
BDT to PHA
Amount12:40 today
0.5BDT0.03420 PHA
1BDT0.06840 PHA
5BDT0.3420 PHA
10BDT0.6840 PHA
50BDT3.42 PHA
100BDT6.84 PHA
500BDT34.2 PHA
1000BDT68.4 PHA
Today vs. 24 hours ago
| Amount | 12:40 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PHA | $0.06116 | $0.06180 | -1.03% |
| 1 PHA | $0.1223 | $0.1236 | -1.03% |
| 5 PHA | $0.6116 | $0.6180 | -1.03% |
| 10 PHA | $1.22 | $1.24 | -1.03% |
| 50 PHA | $6.12 | $6.18 | -1.03% |
| 100 PHA | $12.23 | $12.36 | -1.03% |
| 500 PHA | $61.16 | $61.8 | -1.03% |
| 1000 PHA | $122.33 | $123.6 | -1.03% |
Today vs. 1 month ago
| Amount | 12:40 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PHA | $0.06116 | $0.06490 | -5.73% |
| 1 PHA | $0.1223 | $0.1298 | -5.73% |
| 5 PHA | $0.6116 | $0.6490 | -5.73% |
| 10 PHA | $1.22 | $1.3 | -5.73% |
| 50 PHA | $6.12 | $6.49 | -5.73% |
| 100 PHA | $12.23 | $12.98 | -5.73% |
| 500 PHA | $61.16 | $64.9 | -5.73% |
| 1000 PHA | $122.33 | $129.79 | -5.73% |
Today vs. 1 year ago
| Amount | 12:40 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PHA | $0.06116 | $0.05913 | +3.43% |
| 1 PHA | $0.1223 | $0.1183 | +3.43% |
| 5 PHA | $0.6116 | $0.5913 | +3.43% |
| 10 PHA | $1.22 | $1.18 | +3.43% |
| 50 PHA | $6.12 | $5.91 | +3.43% |
| 100 PHA | $12.23 | $11.83 | +3.43% |
| 500 PHA | $61.16 | $59.13 | +3.43% |
| 1000 PHA | $122.33 | $118.25 | +3.43% |
Phala Network price prediction
What will the price of PHA be in 2025?
Based on PHA's historical price performance prediction model, the price of PHA is projected to reach $0.1824 in 2025.
What will the price of PHA be in 2030?
In 2030, the PHA price is expected to change by -18.00%. By the end of 2030, the PHA price is projected to reach $0.2639, with a cumulative ROI of +124.03%.
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Popular Phala Network conversions
Check out these popular currency conversions of Phala Network to several fiat currencies.
Phala Network to USD
1 PHA to $ 0.1223 USD
Phala Network to GBP
1 PHA to £ 0.09730 GBP
Phala Network to EUR
1 PHA to € 0.1173 EUR
Phala Network to KRW
1 PHA to ₩ 176.94 KRW
Phala Network to CAD
1 PHA to $ 0.1756 CAD
Phala Network to AUD
1 PHA to $ 0.1957 AUD
Phala Network to JPY
1 PHA to ¥ 19.14 JPY
Phala Network to BRL
1 PHA to R$ 0.7445 BRL
Phala Network to CNY
1 PHA to ¥ 0.8927 CNY
Phala Network to TWD
1 PHA to NT$ 3.99 TWD
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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 Phala Network and BDT.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Phala Network and BDT. 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 Phala Network in BDT, 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.
