MATIC Price in Indian Rupees (INR)
India is one of the largest cryptocurrency markets globally, and Polygon (MATIC) has significant adoption among Indian investors. This page covers MATIC's historical price in Indian Rupees (INR), key milestones, and current approximate values.
MATIC/INR Historical Price Milestones
The following INR values are approximate, calculated using representative USD/INR exchange rates for the relevant periods (note: historical MATIC INR values use approximate exchange rates of 75–85 INR/USD for 2021, and ~83 INR/USD for 2024–2026).
- IEO Launch (April 2019):~₹0.19 per MATIC
- All-Time Low (May 2019):~₹0.21 per MATIC
- First ₹1 (early Feb 2021):~₹7.50 per MATIC
- MATIC ATH (Dec 27, 2021):~₹217 per MATIC ($2.92 × ~74 INR/USD)
- 2022 Bear Low:~₹27 per MATIC ($0.32 × ~84 INR/USD)
- March 2024 High:~₹107 per MATIC ($1.29 × ~83 INR/USD)
- April 2025 POL Low:~₹12.7 per POL ($0.1533 × ~83 INR/USD)
- Early 2026 (current range):~₹9–11 per POL ($0.11–$0.13 × ~83 INR/USD)
Where to Buy MATIC / POL in India
Indian investors can trade MATIC/POL on international exchanges including Binance, OKX, and Coinbase, as well as on Indian regulated platforms. It is important to note that MATIC has been renamed to POL following the September 2024 migration — most exchanges now list the token under the POL ticker. Always verify the contract address (0x455e53cbb86018ac2b8092fdcd39d8444affc3f6) to ensure you are trading the correct Polygon ecosystem token.
Tax Implications for Indian Investors
Under India's cryptocurrency tax framework introduced in 2022, cryptocurrency gains including MATIC/POL are subject to a flat 30% tax rate plus applicable surcharges. A 1% TDS (Tax Deducted at Source) applies to cryptocurrency transactions above specified thresholds. Historical MATIC price data in INR is essential for calculating cost basis and capital gains for Indian tax purposes. Investors are advised to consult a qualified tax professional for specific guidance.