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Maker to Nepalese Rupee Converter and calculator

Convert 1Maker (MKR) to Nepalese Rupee (NPR) equals ₨ 416,228.45 | 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 Maker(MKR) to Nepalese Rupee(NPR). This is the real-time data. The current conversion shows 1 MKR at a value of 1 MKR for 416,228.45 NPR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

NPR 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.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular Maker currency pair is the MKR to NPR, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NPR.

MKR to NPR conversion rate trend

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In the past 1D, Maker has changed +4.55% to NPR. Based on the trend and price charts, Maker(MKR) has changed +4.55% to NPR while Nepalese Rupee(NPR) has changed % to MKR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₨416,998.61
0.0001% / 0.0004%vip-iconVIP
Binance
₨417,804.9
0.1000% / 0.1000%
Yes
OKX
₨417,591.66
0.080% / 0.100%
Yes
Huobi
₨417,537.02
0.1000% / 0.1000%
Yes
Gate.io
₨417,063.91
0.1000% / 0.1000%
Yes
Bybit
₨416,672.09
0.1000% / 0.1000%
Yes
KuCoin
₨417,098.56
0.1000% / 0.1000%
Yes
Bitfinex
₨416,805.37
0.1000% / 0.1000%
Yes
Last updated 2024/04/21 04:00:40(UTC+0)

What factors influence the conversion rate of Maker to Nepalese Rupee?

Maker to Nepalese Rupee is rising this week.
Maker's current market price is ₨ 416,228.45 per MKR, with a total market cap of ₨ 384,893,647,372.34 NPR based on a circulating supply of 924,717.25 MKR. The trading volume of Maker has changed by -21.62% (₨ -3,041,812,815.10 NPR) in the last 24 hours. Last trading day, MKR's trading volume was ₨ 14,066,381,568.76.
Market cap
$2.89B
24h volume
$82.72M
Circulating supply
924.72K MKR

Conversion tables

The exchange rate of Maker is decreasing.
1 MKR is currently valued at ₨ 416,228.45 NPR , which means buying 5 MKR will cost ₨ 2,081,142.24 NPR . Similarly, ₨1 NPR can be traded for 0.{5}2403 MKR, and ₨50 NPR can be converted to 0.0001201 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Nepalese Rupee has changed by +9.60% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.55%, reaching a high of 420,814.85 NPR and a low of 398,350.21 NPR . One month ago, the value of 1 MKR was ₨ 439,733.46 NPR , which represents a -5.35% change from its current value. Over the last year, Maker has changed by
+
57,722.21NPR
, resulting in a change of +352.73% in its value.

MKR to NPR

Amount
04:32 am today
0.5 MKR
208,114.22
1 MKR
416,228.45
5 MKR
2,081,142.24
10 MKR
4,162,284.48
50 MKR
20,811,422.4
100 MKR
41,622,844.8
500 MKR
208,114,223.99
1000 MKR
416,228,447.99

NPR to MKR

Amount04:32 am today
0.5NPR0.{5}1201  MKR
1NPR0.{5}2403  MKR
5NPR0.{4}1201  MKR
10NPR0.{4}2403  MKR
50NPR0.0001201  MKR
100NPR0.0002403  MKR
500NPR0.001201  MKR
1000NPR0.002403  MKR
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Today vs. 24 hours ago

Amount04:32 am today24 hours ago24h change
0.5 MKR$1,561.59$1,493.61
+4.55%
1 MKR$3,123.17$2,987.21
+4.55%
5 MKR$15,615.86$14,936.05
+4.55%
10 MKR$31,231.71$29,872.1
+4.55%
50 MKR$156,158.55$149,360.5
+4.55%
100 MKR$312,317.11$298,721
+4.55%
500 MKR$1,561,585.55$1,493,605
+4.55%
1000 MKR$3,123,171.1$2,987,210
+4.55%

Today vs. 1 month ago

Amount04:32 am today1 month ago1M change
0.5 MKR$1,561.59$1,649.77
-5.35%
1 MKR$3,123.17$3,299.54
-5.35%
5 MKR$15,615.86$16,497.71
-5.35%
10 MKR$31,231.71$32,995.41
-5.35%
50 MKR$156,158.55$164,977.05
-5.35%
100 MKR$312,317.11$329,954.1
-5.35%
500 MKR$1,561,585.55$1,649,770.5
-5.35%
1000 MKR$3,123,171.1$3,299,541
-5.35%

Today vs. 1 year ago

Amount04:32 am today1 year ago1Y change
0.5 MKR$1,561.59$345.03
+352.73%
1 MKR$3,123.17$690.05
+352.73%
5 MKR$15,615.86$3,450.26
+352.73%
10 MKR$31,231.71$6,900.52
+352.73%
50 MKR$156,158.55$34,502.63
+352.73%
100 MKR$312,317.11$69,005.25
+352.73%
500 MKR$1,561,585.55$345,026.25
+352.73%
1000 MKR$3,123,171.1$690,052.5
+352.73%

FAQ

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.