machi mode to NPR Converter and calculator

Conversion rates
Convert machi mode to NPR
Convert NPR to machi mode
machi mode to NPR chart
machi mode to NPR conversion data: Volatility and price changes of machi mode in NPR
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.01644 NPR | -- NPR | -- NPR | -- NPR |
Low | 0 NPR | -- NPR | -- NPR | -- NPR |
Average | 0 NPR | 0 NPR | 0 NPR | 0 NPR |
Volatility | % | % | % | % |
Change | +1.44% | -- | -- | -- |
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| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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machi mode to NPR market statistics
Current machi mode to NPR exchange rate
machi mode to Nepalese Rupee is falling this week.More info about machi mode on Bitget
Nepalese Rupee information
About Nepalese Rupee (NPR)
The Nepalese Rupee (NPR), the official currency of Nepal, introduced in the 1930s, is more than just a medium of exchange; it embodies the nation's cultural heritage and its journey through economic challenges and opportunities. It is commonly abbreviated as NPR and represented by the symbol ₨.
Historical Background
The introduction of the Nepalese Rupee was a significant development in Nepal’s monetary history. It replaced the silver mohar during the reign of King Tribhuvan, symbolizing a move towards a more modernized and standardized economy. This transition marked Nepal's efforts to carve out an independent economic identity distinct from its neighbors, India and China.
Design and Symbolism
The design of the Nepalese Rupee reflects the country's rich cultural and historical legacy. Banknotes and coins feature images of revered monarchs, significant national symbols like Mount Everest, and depictions of Nepal's diverse wildlife. These elements not only facilitate economic transactions but also serve as daily reminders of Nepal's unique identity and pride.
Economic Role
The Rupee plays a central role in Nepal’s economy, which is primarily driven by agriculture, remittances, tourism, and increasingly, the service sector. As the primary currency, it supports these sectors, enabling trade, investment, and the daily financial activities of the Nepalese people.
Monetary Policy and Inflation
Managed by the Nepal Rastra Bank, the country's central bank, the Nepalese Rupee has faced challenges like inflation and currency stability. The bank's monetary policies aim to stabilize the currency and control inflation, vital for economic growth and stability in a country with significant socio-economic challenges.
International Trade and the Nepalese Rupee
In international trade, the stability of the Rupee is crucial, particularly for Nepal's exports such as textiles, carpets, and handicrafts. A stable Rupee is essential for maintaining competitive prices in international markets and attracting foreign investment.
Remittances and Economic Impact
Remittances from Nepalese working abroad, especially in the Middle East, India, and Southeast Asia, are a significant source of foreign income. These remittances, converted into Rupees, play a substantial role in supporting families and contributing to the national economy.
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machi mode to NPR Conversion tables
| Amount | 21:46 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 machi mode | ₨0.008220 | ₨-- | +1.44% |
1 machi mode | ₨0.01644 | ₨-- | +1.44% |
5 machi mode | ₨0.08220 | ₨-- | +1.44% |
10 machi mode | ₨0.1644 | ₨-- | +1.44% |
50 machi mode | ₨0.8220 | ₨-- | +1.44% |
100 machi mode | ₨1.64 | ₨-- | +1.44% |
500 machi mode | ₨8.22 | ₨-- | +1.44% |
1000 machi mode | ₨16.44 | ₨-- | +1.44% |
machi mode to NPR FAQ
What factors influence the conversion rate of machi mode to NPR?
Popular exchange rates — Crypto-to-Fiat converter
The price of machi mode in the US is $0.0001161 USD. Additionally, machi mode’s price is €0.0001008 EUR in the eurozone, £0.{4}8897 GBP in the UK, C$0.0001632 CAD in Canada, ₹0.01028 INR in India, ₨0.03258 PKR in Pakistan, R$0.0006200 BRL in Brazil, and more.
The most popular machi mode currency pair is the machi mode to Nepalese Rupee(NPR). The price of 1 machi mode (machi mode) in Nepalese Rupee (NPR) is ₨0.01644.
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