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base info The Root Network

The Root Network to Egyptian Pound Converter and calculator

Convert 1The Root Network (ROOT) to Egyptian Pound (EGP) equals £ 1.16 | 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 The Root Network(ROOT) to Egyptian Pound(EGP). This is the real-time data. The current conversion shows 1 ROOT at a value of 1 ROOT for 1.16 EGP . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

EGP information

About Egyptian Pound (EGP)

The Egyptian Pound (EGP), the official currency of Egypt, is not only a medium of exchange but also a symbol of Egypt’s rich history and evolving economic landscape. It is commonly abbreviated as EGP and represented by the symbol £. From the times of the Pharaohs to the modern era, Egypt has been a center of civilization and commerce. The Pound, introduced in the early 19th century, has played a pivotal role in this journey, reflecting the country's economic resilience and aspirations.

Historical Background

The Egyptian Pound was first introduced in 1834, replacing the piastre as the chief unit of currency. This transition marked Egypt’s gradual move towards a modern economy. The currency's establishment coincided with Muhammad Ali Pasha’s reign, often considered the founder of modern Egypt, who introduced various reforms to modernize the Egyptian economy.

Design and Symbolism

The design of the Egyptian Pound is a testament to Egypt's unique blend of rich ancient heritage and modern aspirations. The banknotes feature iconic symbols and figures from Egypt’s long history, including pharaohs, ancient monuments like the Pyramids of Giza, and modern leaders who have shaped the country’s recent history. These designs not only serve an economic purpose but also reflect national identity and pride.

Economic Role

The Pound is central to Egypt's economy, a mixed economy with agriculture, industry, and services sectors. It underpins these sectors by facilitating domestic and international trade. The stability and value of the Pound are vital for economic growth, influencing foreign investment, government revenue, and the standard of living.

The Pound in International Trade

Egypt's strategic location as a bridge between Africa and the Middle East, and its control of the Suez Canal, a key global shipping lane, make the Egyptian Pound significant in regional and international trade. The currency's performance against major currencies like the US Dollar and the Euro impacts Egypt's trade balance and economic health.

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Bitget crypto-to-fiat exchange data shows that the most popular The Root Network currency pair is the ROOT to EGP, with for The Root Network's currency code being ROOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for EGP.

ROOT to EGP conversion rate trend

1D7D1M3M1YAll
In the past 1D, The Root Network has changed +0.89% to EGP. Based on the trend and price charts, The Root Network(ROOT) has changed +0.89% to EGP while Egyptian Pound(EGP) has changed % to ROOT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
£1.16
0.0200% / 0.0320%vip-iconVIP 7
Huobi
£1.15
0.1000% / 0.1000%
Yes
Gate.io
£1.16
0.1000% / 0.1000%
Yes
Bybit
£1.16
0.1000% / 0.1000%
Yes
KuCoin
£1.16
0.1000% / 0.1000%
Yes
Last updated 2024/11/11 07:00:17(UTC+0)

How to buy The Root Network

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy The Root Network (ROOT)
Use a variety of payment options to buy The Root Network on Bitget. We'll show you how.

Buy ROOT (or USDT) for EGP (Egyptian Pound) offers

Bitget P2P trading does not currently support direct buying of ROOT with EGP. However, you can buy USDT in Bitget P2P trading first, and then buy ROOT with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell ROOT (or USDT) for EGP (Egyptian Pound) offers

Bitget P2P trading currently does not support direct selling of ROOT to EGP. However, you can first exchange ROOT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
No matching ads found.

What factors influence the conversion rate of The Root Network to Egyptian Pound?

The Root Network to Egyptian Pound is rising this week.
The Root Network's current market price is £ 1.16 per ROOT, with a total market cap of £ 1,675,117,944.88 EGP based on a circulating supply of 1,446,820,500 ROOT. The trading volume of The Root Network has changed by +24.55% (£ 48,894,061.62 EGP) in the last 24 hours. Last trading day, ROOT's trading volume was £ 199,148,979.16.
Market cap
$34.03M
24h volume
$5.04M
Circulating supply
1.45B ROOT

Conversion tables

The exchange rate of The Root Network is increasing.
1 ROOT is currently valued at £ 1.16 EGP , which means buying 5 ROOT will cost £ 5.79 EGP . Similarly, £1 EGP can be traded for 0.8637 ROOT, and £50 EGP can be converted to 43.19 ROOT, excluding any platform or gas fees.
The exchange rate of 1 ROOT to Egyptian Pound has changed by +47.30% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.89%, reaching a high of 1.26 EGP and a low of 1.14 EGP . One month ago, the value of 1 ROOT was £ 1.01 EGP , which represents a +14.07% change from its current value. Over the last year, The Root Network has changed by
+£
1.16EGP
, resulting in a change of -100.00% in its value.

ROOT to EGP

Amount
10:00 am today
0.5 ROOT
£0.5789
1 ROOT
£1.16
5 ROOT
£5.79
10 ROOT
£11.58
50 ROOT
£57.89
100 ROOT
£115.78
500 ROOT
£578.9
1000 ROOT
£1,157.79

EGP to ROOT

Amount10:00 am today
0.5EGP0.4319  ROOT
1EGP0.8637  ROOT
5EGP4.32  ROOT
10EGP8.64  ROOT
50EGP43.19  ROOT
100EGP86.37  ROOT
500EGP431.86  ROOT
1000EGP863.71  ROOT

Today vs. 24 hours ago

Amount10:00 am today24 hours ago24h change
0.5 ROOT$0.01176$0.01166
+0.89%
1 ROOT$0.02352$0.02331
+0.89%
5 ROOT$0.1176$0.1166
+0.89%
10 ROOT$0.2352$0.2331
+0.89%
50 ROOT$1.18$1.17
+0.89%
100 ROOT$2.35$2.33
+0.89%
500 ROOT$11.76$11.66
+0.89%
1000 ROOT$23.52$23.31
+0.89%

Today vs. 1 month ago

Amount10:00 am today1 month ago1M change
0.5 ROOT$0.01176$0.01031
+14.07%
1 ROOT$0.02352$0.02062
+14.07%
5 ROOT$0.1176$0.1031
+14.07%
10 ROOT$0.2352$0.2062
+14.07%
50 ROOT$1.18$1.03
+14.07%
100 ROOT$2.35$2.06
+14.07%
500 ROOT$11.76$10.31
+14.07%
1000 ROOT$23.52$20.62
+14.07%

Today vs. 1 year ago

Amount10:00 am today1 year ago1Y change
0.5 ROOT$0.01176$-0.{5}4582
-100.00%
1 ROOT$0.02352$-0.{5}9164
-100.00%
5 ROOT$0.1176$-0.{4}4582
-100.00%
10 ROOT$0.2352$-0.{4}9164
-100.00%
50 ROOT$1.18$-0.0004582
-100.00%
100 ROOT$2.35$-0.0009164
-100.00%
500 ROOT$11.76$-0.004582
-100.00%
1000 ROOT$23.52$-0.009164
-100.00%

The Root Network price prediction

What will the price of ROOT be in 2025?

Based on ROOT's historical price performance prediction model, the price of ROOT is projected to reach $0.004844 in 2025.

What will the price of ROOT be in 2030?

In 2030, the ROOT price is expected to change by +6.00%. By the end of 2030, the ROOT price is projected to reach $0.009658, with a cumulative ROI of -59.64%.

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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 The Root Network and EGP.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as The Root Network and EGP. 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 The Root Network in EGP, 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.