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base info Ethereum Classic

Ethereum Classic to Indian Rupee Converter and calculator

Convert 1Ethereum Classic (ETC) to Indian Rupee (INR) equals ₹ 2,312.47 | 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 Ethereum Classic(ETC) to Indian Rupee(INR). This is the real-time data. The current conversion shows 1 ETC at a value of 1 ETC for 2,312.47 INR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

INR information

About the Indian Rupee (INR)

What Is the Indian Rupee (INR)?

The Indian Rupee, designated by the ISO code INR, is the official currency of the Republic of India. The term 'rupee' is derived from the Sanskrit word 'rupyakam,' meaning a silver coin. The Indian Rupee got its symbol (₹) in 2010, which is a blend of the Devanagari 'Ra' and the Roman capital 'R' without its vertical bar. The Indian Rupee is the sole legal tender in India, and it is used for all transactions within the country.

The Indian Rupee is issued by the Reserve Bank of India (RBI), which is the central bank of India. The RBI is responsible for the regulation and management of the Indian currency and monetary policy. It oversees the issuance and supply of the rupee, ensuring stability and integrity in the country's financial system. The RBI also implements measures to combat counterfeiting and manages the currency's design and denominations.

What Is the History of INR?

The Coinage Act of 1835 standardized coinage in India, introducing coins bearing the effigy of William IV and later Queen Victoria. The rupiya, originally a silver coin, faced devaluation against gold during the 19th century due to the discovery of large silver reserves in Europe and the U.S. During World War II, the regular rupee was replaced with Quaternary Silver Alloy, and post-independence in 1947, India continued using the existing currency until the adoption of its constitution in 1950. In 1957, India introduced a decimal currency system, dividing the rupee into 100 paise.

Notes and Coins of INR

The current series of Indian currency includes notes of various denominations such as 10, 20, 50, 100, 200, 500, and 2000 INR. Each denomination has its unique color scheme and design elements, making them easily distinguishable. The coins, ranging from smaller denominations like 1, 2, 5, and 10 rupees, are minted in various metals and also feature emblematic designs representing India's cultural and historical ethos..

Economic Impact and Exchange Rate Management

The demonetization in 2016 aimed to disrupt the underground economy and curb the financing of illegal activities. This move led to the issuance of new 500 and 2000 INR notes in the Mahatma Gandhi New Series. The RBI's strategy does not peg the INR to a specific foreign currency, but instead aims to reduce exchange rate volatility through market interventions. This policy reflects a preference for a stable yet flexible exchange rate system, adapting to global economic dynamics.

What Is Digital Rupee?

The Digital Rupee, also known as e₹ or eINR, is a digital version of the Indian Rupee, issued by the Reserve Bank of India (RBI) as a central bank digital currency (CBDC). Launched in December 2022, it utilizes blockchain distributed-ledger technology for secure transactions. The Digital Rupee is uniquely identifiable and regulated by the RBI, ensuring its reliability as legal tender. It is designed to be accessible both online and offline, catering to a wide range of financial transactions. The RBI has introduced two versions: the Digital Rupee for Wholesale (e₹-W) for interbank settlements and the Digital Rupee for Retail (e₹-R) for consumer and business transactions. This initiative aims to reduce the costs associated with physical currency, enhance transaction efficiency, and support India's growing digital economy. Unlike cryptocurrencies, the Digital Rupee is a sovereign currency, backed by the RBI, and holds the same value as its physical counterpart.

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

ETC to INR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Ethereum Classic has changed +6.50% to INR. Based on the trend and price charts, Ethereum Classic(ETC) has changed +6.50% to INR while Indian Rupee(INR) has changed % to ETC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₹2,269.56
0.0001% / 0.0004%vip-iconVIP
Binance
₹2,275.18
0.1000% / 0.1000%
Yes
OKX
₹2,276.01
0.080% / 0.100%
Yes
Huobi
₹2,276.31
0.1000% / 0.1000%
Yes
Gate.io
₹2,273.43
0.1000% / 0.1000%
Yes
Bybit
₹2,271.01
0.1000% / 0.1000%
Yes
KuCoin
₹2,278.72
0.1000% / 0.1000%
Yes
Bitfinex
₹2,263.09
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 16:00:35(UTC+0)

What factors influence the conversion rate of Ethereum Classic to Indian Rupee?

Ethereum Classic to Indian Rupee is falling this week.
Ethereum Classic's current market price is ₹ 2,312.47 per ETC, with a total market cap of ₹ 339,123,338,976.48 INR based on a circulating supply of 146,649,820 ETC. The trading volume of Ethereum Classic has changed by -39.52% (₹ -9,708,767,195.19 INR) in the last 24 hours. Last trading day, ETC's trading volume was ₹ 24,567,775,423.51.
Market cap
$4.07B
24h volume
$178.23M
Circulating supply
146.65M ETC

Conversion tables

The exchange rate of Ethereum Classic is decreasing.
1 ETC is currently valued at ₹ 2,312.47 INR , which means buying 5 ETC will cost ₹ 11,562.35 INR . Similarly, ₹1 INR can be traded for 0.0004324 ETC, and ₹50 INR can be converted to 0.02162 ETC, excluding any platform or gas fees.
The exchange rate of 1 ETC to Indian Rupee has changed by -3.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.50%, reaching a high of 2,328.31 INR and a low of 2,147.8 INR . One month ago, the value of 1 ETC was ₹ 2,538.05 INR , which represents a -8.89% change from its current value. Over the last year, Ethereum Classic has changed by
+
70.03INR
, resulting in a change of +39.42% in its value.

ETC to INR

Amount
16:41 today
0.5 ETC
1,156.24
1 ETC
2,312.47
5 ETC
11,562.35
10 ETC
23,124.7
50 ETC
115,623.51
100 ETC
231,247.02
500 ETC
1,156,235.11
1000 ETC
2,312,470.21

INR to ETC

Amount16:41 today
0.5INR0.0002162  ETC
1INR0.0004324  ETC
5INR0.002162  ETC
10INR0.004324  ETC
50INR0.02162  ETC
100INR0.04324  ETC
500INR0.2162  ETC
1000INR0.4324  ETC
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Today vs. 24 hours ago

Amount16:41 today24 hours ago24h change
0.5 ETC$13.87$13.02
+6.50%
1 ETC$27.74$26.05
+6.50%
5 ETC$138.69$130.23
+6.50%
10 ETC$277.37$260.45
+6.50%
50 ETC$1,386.87$1,302.27
+6.50%
100 ETC$2,773.73$2,604.54
+6.50%
500 ETC$13,868.65$13,022.72
+6.50%
1000 ETC$27,737.31$26,045.45
+6.50%

Today vs. 1 month ago

Amount16:41 today1 month ago1M change
0.5 ETC$13.87$15.22
-8.89%
1 ETC$27.74$30.44
-8.89%
5 ETC$138.69$152.22
-8.89%
10 ETC$277.37$304.43
-8.89%
50 ETC$1,386.87$1,522.15
-8.89%
100 ETC$2,773.73$3,044.3
-8.89%
500 ETC$13,868.65$15,221.52
-8.89%
1000 ETC$27,737.31$30,443.03
-8.89%

Today vs. 1 year ago

Amount16:41 today1 year ago1Y change
0.5 ETC$13.87$9.95
+39.42%
1 ETC$27.74$19.9
+39.42%
5 ETC$138.69$99.49
+39.42%
10 ETC$277.37$198.97
+39.42%
50 ETC$1,386.87$994.87
+39.42%
100 ETC$2,773.73$1,989.74
+39.42%
500 ETC$13,868.65$9,948.68
+39.42%
1000 ETC$27,737.31$19,897.37
+39.42%

FAQ

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