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Shiba Inu to Nepalese Rupee Converter and calculator

Convert 1Shiba Inu (SHIB) to Nepalese Rupee (NPR) equals ₨ 0.002834 | 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 Shiba Inu currency pair is the SHIB to NPR, with for Shiba Inu's currency code being SHIB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NPR.

SHIB to NPR conversion rate trend

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In the past 1D, Shiba Inu has changed -3.22% to NPR. Based on the trend and price charts, Shiba Inu(SHIB) has changed -3.22% to NPR while Nepalese Rupee(NPR) has changed % to SHIB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₨0.002857
0.0001% / 0.0004%vip-iconVIP
Binance
₨0.002857
0.1000% / 0.1000%
Yes
Coinbase Exchange
₨0.002855
0.1000% / 0.1000%
Yes
Kraken
₨0.002855
0.1000% / 0.1000%
Yes
OKX
₨0.002857
0.080% / 0.100%
Yes
Huobi
₨0.002857
0.1000% / 0.1000%
Yes
Gate.io
₨0.002857
0.1000% / 0.1000%
Yes
Bybit
₨0.002855
0.1000% / 0.1000%
Yes
KuCoin
₨0.002857
0.1000% / 0.1000%
Yes
Bitfinex
₨0.002890
0.1000% / 0.1000%
Yes
Last updated 2024/04/15 19:00:32(UTC+0)

What factors influence the conversion rate of Shiba Inu to Nepalese Rupee?

Shiba Inu to Nepalese Rupee is falling this week.
Shiba Inu's current market price is ₨ 0.002834 per SHIB, with a total market cap of ₨ 1,670,265,507,272.74 NPR based on a circulating supply of 589,289,440,000,000 SHIB. The trading volume of Shiba Inu has changed by -42.30% (₨ -102,023,792,844.96 NPR) in the last 24 hours. Last trading day, SHIB's trading volume was ₨ 241,201,263,517.03.
Market cap
$12.52B
24h volume
$1.04B
Circulating supply
589.29T SHIB

Conversion tables

The exchange rate of Shiba Inu is decreasing.
1 SHIB is currently valued at ₨ 0.002834 NPR , which means buying 5 SHIB will cost ₨ 0.01417 NPR . Similarly, ₨1 NPR can be traded for 352.81 SHIB, and ₨50 NPR can be converted to 17,640.59 SHIB, excluding any platform or gas fees.
The exchange rate of 1 SHIB to Nepalese Rupee has changed by -26.42% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.22%, reaching a high of 0.003176 NPR and a low of 0.002821 NPR . One month ago, the value of 1 SHIB was ₨ 0.003342 NPR , which represents a -15.25% change from its current value. Over the last year, Shiba Inu has changed by
+
0.001264NPR
, resulting in a change of +81.25% in its value.

SHIB to NPR

Amount
19:06 today
0.5 SHIB
0.001417
1 SHIB
0.002834
5 SHIB
0.01417
10 SHIB
0.02834
50 SHIB
0.1417
100 SHIB
0.2834
500 SHIB
1.42
1000 SHIB
2.83

NPR to SHIB

Amount19:06 today
0.5NPR176.41  SHIB
1NPR352.81  SHIB
5NPR1,764.06  SHIB
10NPR3,528.12  SHIB
50NPR17,640.59  SHIB
100NPR35,281.18  SHIB
500NPR176,405.91  SHIB
1000NPR352,811.82  SHIB
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Today vs. 24 hours ago

Amount19:06 today24 hours ago24h change
0.5 SHIB$0.{4}1062$0.{4}1097
-3.22%
1 SHIB$0.{4}2124$0.{4}2195
-3.22%
5 SHIB$0.0001062$0.0001097
-3.22%
10 SHIB$0.0002124$0.0002195
-3.22%
50 SHIB$0.001062$0.001097
-3.22%
100 SHIB$0.002124$0.002195
-3.22%
500 SHIB$0.01062$0.01097
-3.22%
1000 SHIB$0.02124$0.02195
-3.22%

Today vs. 1 month ago

Amount19:06 today1 month ago1M change
0.5 SHIB$0.{4}1062$0.{4}1252
-15.25%
1 SHIB$0.{4}2124$0.{4}2505
-15.25%
5 SHIB$0.0001062$0.0001252
-15.25%
10 SHIB$0.0002124$0.0002505
-15.25%
50 SHIB$0.001062$0.001252
-15.25%
100 SHIB$0.002124$0.002505
-15.25%
500 SHIB$0.01062$0.01252
-15.25%
1000 SHIB$0.02124$0.02505
-15.25%

Today vs. 1 year ago

Amount19:06 today1 year ago1Y change
0.5 SHIB$0.{4}1062$0.{5}5883
+81.25%
1 SHIB$0.{4}2124$0.{4}1177
+81.25%
5 SHIB$0.0001062$0.{4}5883
+81.25%
10 SHIB$0.0002124$0.0001177
+81.25%
50 SHIB$0.001062$0.0005883
+81.25%
100 SHIB$0.002124$0.001177
+81.25%
500 SHIB$0.01062$0.005883
+81.25%
1000 SHIB$0.02124$0.01177
+81.25%

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.