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base info IOTA

IOTA to Indian Rupee Converter and calculator

Convert 1IOTA (IOTA) to Indian Rupee (INR) equals ₹ 19.31 | 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 IOTA(IOTA) to Indian Rupee(INR). This is the real-time data. The current conversion shows 1 IOTA at a value of 1 IOTA for 19.31 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 IOTA currency pair is the IOTA to INR, with for IOTA's currency code being IOTA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for INR.

IOTA to INR conversion rate trend

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In the past 1D, IOTA has changed +3.25% to INR. Based on the trend and price charts, IOTA(IOTA) has changed +3.25% to INR while Indian Rupee(INR) has changed % to IOTA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₹19.31
0.0001% / 0.0004%vip-iconVIP
Binance
₹19.04
0.1000% / 0.1000%
Yes
OKX
₹19.03
0.080% / 0.100%
Yes
Huobi
₹20.64
0.1000% / 0.1000%
Yes
Gate.io
₹19.04
0.1000% / 0.1000%
Yes
KuCoin
₹19.04
0.1000% / 0.1000%
Yes
Last updated 2024/05/27 13:00:17(UTC+0)

How to buy IOTA

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What factors influence the conversion rate of IOTA to Indian Rupee?

IOTA to Indian Rupee is rising this week.
IOTA's current market price is ₹ 19.31 per IOTA, with a total market cap of ₹ 63,110,700,885.05 INR based on a circulating supply of 3,267,780,900 IOTA. The trading volume of IOTA has changed by +11.38% (₹ 107,753,109.25 INR) in the last 24 hours. Last trading day, IOTA's trading volume was ₹ 946,880,518.58.
Market cap
$759.18M
24h volume
$12.69M
Circulating supply
3.27B IOTA

Conversion tables

The exchange rate of IOTA is increasing.
1 IOTA is currently valued at ₹ 19.31 INR , which means buying 5 IOTA will cost ₹ 96.57 INR . Similarly, ₹1 INR can be traded for 0.05178 IOTA, and ₹50 INR can be converted to 2.59 IOTA, excluding any platform or gas fees.
The exchange rate of 1 IOTA to Indian Rupee has changed by +7.89% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.25%, reaching a high of 19.35 INR and a low of 18.54 INR . One month ago, the value of 1 IOTA was ₹ 19.12 INR , which represents a +1.01% change from its current value. Over the last year, IOTA has changed by
+
2.6INR
, resulting in a change of +15.59% in its value.

IOTA to INR

Amount
13:30 today
0.5 IOTA
9.66
1 IOTA
19.31
5 IOTA
96.57
10 IOTA
193.13
50 IOTA
965.65
100 IOTA
1,931.3
500 IOTA
9,656.51
1000 IOTA
19,313.02

INR to IOTA

Amount13:30 today
0.5INR0.02589  IOTA
1INR0.05178  IOTA
5INR0.2589  IOTA
10INR0.5178  IOTA
50INR2.59  IOTA
100INR5.18  IOTA
500INR25.89  IOTA
1000INR51.78  IOTA
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Today vs. 24 hours ago

Amount13:30 today24 hours ago24h change
0.5 IOTA$0.1162$0.1125
+3.25%
1 IOTA$0.2323$0.2250
+3.25%
5 IOTA$1.16$1.13
+3.25%
10 IOTA$2.32$2.25
+3.25%
50 IOTA$11.62$11.25
+3.25%
100 IOTA$23.23$22.5
+3.25%
500 IOTA$116.16$112.51
+3.25%
1000 IOTA$232.32$225.02
+3.25%

Today vs. 1 month ago

Amount13:30 today1 month ago1M change
0.5 IOTA$0.1162$0.1150
+1.01%
1 IOTA$0.2323$0.2300
+1.01%
5 IOTA$1.16$1.15
+1.01%
10 IOTA$2.32$2.3
+1.01%
50 IOTA$11.62$11.5
+1.01%
100 IOTA$23.23$23
+1.01%
500 IOTA$116.16$115
+1.01%
1000 IOTA$232.32$230
+1.01%
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Today vs. 1 year ago

Amount13:30 today1 year ago1Y change
0.5 IOTA$0.1162$0.1005
+15.59%
1 IOTA$0.2323$0.2010
+15.59%
5 IOTA$1.16$1
+15.59%
10 IOTA$2.32$2.01
+15.59%
50 IOTA$11.62$10.05
+15.59%
100 IOTA$23.23$20.1
+15.59%
500 IOTA$116.16$100.5
+15.59%
1000 IOTA$232.32$200.99
+15.59%

IOTA price prediction

What will the price of IOTA be in 2025?

Based on IOTA's historical price performance prediction model, the price of IOTA is projected to reach $0.3060 in 2025.

What will the price of IOTA be in 2030?

In 2030, the IOTA price is expected to rise by +2.00%. By the end of 2030, the IOTA price is projected to reach $0.6444, with a cumulative ROI of +177.36%.
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