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VeChain to Nepalese Rupee Converter and calculator

Convert 1VeChain (VET) to Nepalese Rupee (NPR) equals ₨ 5.38 | 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.

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

VET to NPR conversion rate trend

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In the past 1D, VeChain has changed -12.63% to NPR. Based on the trend and price charts, VeChain(VET) has changed -12.63% to NPR while Nepalese Rupee(NPR) has changed % to VET in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₨5.38
0.0001% / 0.0004%vip-iconVIP
Binance
₨5.44
0.1000% / 0.1000%
Yes
Huobi
₨5.45
0.1000% / 0.1000%
Yes
Gate.io
₨5.44
0.1000% / 0.1000%
Yes
KuCoin
₨5.45
0.1000% / 0.1000%
Yes
Bitfinex
₨5.42
0.1000% / 0.1000%
Yes
Last updated 2024/04/16 08:00:38(UTC+0)

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

VeChain to Nepalese Rupee is falling this week.
VeChain's current market price is ₨ 5.38 per VET, with a total market cap of ₨ 391,164,513,729.69 NPR based on a circulating supply of 72,714,520,000 VET. The trading volume of VeChain has changed by -27.91% (₨ -7,711,879,244.33 NPR) in the last 24 hours. Last trading day, VET's trading volume was ₨ 27,636,191,522.42.
Market cap
$2.93B
24h volume
$149.33M
Circulating supply
72.71B VET

Conversion tables

The exchange rate of VeChain is decreasing.
1 VET is currently valued at ₨ 5.38 NPR , which means buying 5 VET will cost ₨ 26.9 NPR . Similarly, ₨1 NPR can be traded for 0.1859 VET, and ₨50 NPR can be converted to 9.29 VET, excluding any platform or gas fees.
The exchange rate of 1 VET to Nepalese Rupee has changed by -11.42% in the last 7 days. In the last 24 hours, the rate has fluctuated by -12.63%, reaching a high of 6.15 NPR and a low of 5.2 NPR . One month ago, the value of 1 VET was ₨ 5.39 NPR , which represents a -0.19% change from its current value. Over the last year, VeChain has changed by
+
1.96NPR
, resulting in a change of +57.26% in its value.

VET to NPR

Amount
08:44 am today
0.5 VET
2.69
1 VET
5.38
5 VET
26.9
10 VET
53.79
50 VET
268.97
100 VET
537.95
500 VET
2,689.73
1000 VET
5,379.46

NPR to VET

Amount08:44 am today
0.5NPR0.09295  VET
1NPR0.1859  VET
5NPR0.9295  VET
10NPR1.86  VET
50NPR9.29  VET
100NPR18.59  VET
500NPR92.95  VET
1000NPR185.89  VET
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Today vs. 24 hours ago

Amount08:44 am today24 hours ago24h change
0.5 VET$0.02016$0.02307
-12.63%
1 VET$0.04032$0.04614
-12.63%
5 VET$0.2016$0.2307
-12.63%
10 VET$0.4032$0.4614
-12.63%
50 VET$2.02$2.31
-12.63%
100 VET$4.03$4.61
-12.63%
500 VET$20.16$23.07
-12.63%
1000 VET$40.32$46.14
-12.63%

Today vs. 1 month ago

Amount08:44 am today1 month ago1M change
0.5 VET$0.02016$0.02020
-0.19%
1 VET$0.04032$0.04040
-0.19%
5 VET$0.2016$0.2020
-0.19%
10 VET$0.4032$0.4040
-0.19%
50 VET$2.02$2.02
-0.19%
100 VET$4.03$4.04
-0.19%
500 VET$20.16$20.2
-0.19%
1000 VET$40.32$40.4
-0.19%

Today vs. 1 year ago

Amount08:44 am today1 year ago1Y change
0.5 VET$0.02016$0.01283
+57.26%
1 VET$0.04032$0.02566
+57.26%
5 VET$0.2016$0.1283
+57.26%
10 VET$0.4032$0.2566
+57.26%
50 VET$2.02$1.28
+57.26%
100 VET$4.03$2.57
+57.26%
500 VET$20.16$12.83
+57.26%
1000 VET$40.32$25.66
+57.26%

FAQ

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