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base info Polygon

Polygon to Nepalese Rupee Converter and calculator

Convert 1Polygon (MATIC) to Nepalese Rupee (NPR) equals ₨ 88.68 | Bitget

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 Polygon currency pair is the MATIC to NPR, with for Polygon's currency code being MATIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NPR.

MATIC to NPR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Polygon has changed -2.39% to NPR. Based on the trend and price charts, Polygon(MATIC) has changed -2.39% to NPR while Nepalese Rupee(NPR) has changed % to MATIC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₨88.83
0.0001% / 0.0004%vip-iconVIP
Binance
₨88.72
0.1000% / 0.1000%
Yes
Coinbase Exchange
₨88.73
0.1000% / 0.1000%
Yes
Kraken
₨89.16
0.1000% / 0.1000%
Yes
OKX
₨88.72
0.080% / 0.100%
Yes
Huobi
₨88.73
0.1000% / 0.1000%
Yes
Gate.io
₨88.69
0.1000% / 0.1000%
Yes
Bybit
₨88.8
0.1000% / 0.1000%
Yes
KuCoin
₨88.71
0.1000% / 0.1000%
Yes
Bitfinex
₨88.92
0.1000% / 0.1000%
Yes
Last updated 2024/04/17 16:00:36(UTC+0)

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

Polygon to Nepalese Rupee is falling this week.
Polygon's current market price is ₨ 88.68 per MATIC, with a total market cap of ₨ 877,473,045,636.1 NPR based on a circulating supply of 9,894,742,000 MATIC. The trading volume of Polygon has changed by -32.75% (₨ -17,640,384,400.22 NPR) in the last 24 hours. Last trading day, MATIC's trading volume was ₨ 53,863,111,290.9.
Market cap
$6.56B
24h volume
$270.65M
Circulating supply
9.89B MATIC

Conversion tables

The exchange rate of Polygon is decreasing.
1 MATIC is currently valued at ₨ 88.68 NPR , which means buying 5 MATIC will cost ₨ 443.4 NPR . Similarly, ₨1 NPR can be traded for 0.01128 MATIC, and ₨50 NPR can be converted to 0.5638 MATIC, excluding any platform or gas fees.
The exchange rate of 1 MATIC to Nepalese Rupee has changed by -23.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.39%, reaching a high of 94.98 NPR and a low of 88.18 NPR . One month ago, the value of 1 MATIC was ₨ 138.52 NPR , which represents a -35.99% change from its current value. Over the last year, Polygon has changed by
-
67.81NPR
, resulting in a change of -43.35% in its value.

MATIC to NPR

Amount
16:13 today
0.5 MATIC
44.34
1 MATIC
88.68
5 MATIC
443.4
10 MATIC
886.81
50 MATIC
4,434.04
100 MATIC
8,868.07
500 MATIC
44,340.37
1000 MATIC
88,680.74

NPR to MATIC

Amount16:13 today
0.5NPR0.005638  MATIC
1NPR0.01128  MATIC
5NPR0.05638  MATIC
10NPR0.1128  MATIC
50NPR0.5638  MATIC
100NPR1.13  MATIC
500NPR5.64  MATIC
1000NPR11.28  MATIC
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Today vs. 24 hours ago

Amount16:13 today24 hours ago24h change
0.5 MATIC$0.3313$0.3394
-2.39%
1 MATIC$0.6626$0.6789
-2.39%
5 MATIC$3.31$3.39
-2.39%
10 MATIC$6.63$6.79
-2.39%
50 MATIC$33.13$33.94
-2.39%
100 MATIC$66.26$67.89
-2.39%
500 MATIC$331.3$339.43
-2.39%
1000 MATIC$662.61$678.85
-2.39%

Today vs. 1 month ago

Amount16:13 today1 month ago1M change
0.5 MATIC$0.3313$0.5175
-35.99%
1 MATIC$0.6626$1.03
-35.99%
5 MATIC$3.31$5.17
-35.99%
10 MATIC$6.63$10.35
-35.99%
50 MATIC$33.13$51.75
-35.99%
100 MATIC$66.26$103.5
-35.99%
500 MATIC$331.3$517.49
-35.99%
1000 MATIC$662.61$1,034.97
-35.99%

Today vs. 1 year ago

Amount16:13 today1 year ago1Y change
0.5 MATIC$0.3313$0.5847
-43.35%
1 MATIC$0.6626$1.17
-43.35%
5 MATIC$3.31$5.85
-43.35%
10 MATIC$6.63$11.69
-43.35%
50 MATIC$33.13$58.47
-43.35%
100 MATIC$66.26$116.93
-43.35%
500 MATIC$331.3$584.65
-43.35%
1000 MATIC$662.61$1,169.3
-43.35%

FAQ

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