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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.75%
BTC/USDT$77464.00 (-7.04%)Fear and Greed Index23(Extreme fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketBABY,PAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.75%
BTC/USDT$77464.00 (-7.04%)Fear and Greed Index23(Extreme fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketBABY,PAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
OFN
MUR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Openfabric AI(OFN) to Mauritian Rupee(MUR). This is the real-time data. The current conversion shows 1 OFN at a value of 1 OFN for 1.66 MUR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
MUR information
About the Mauritian Rupee (MUR)
What Is the Mauritian Rupee (MUR)?
The Mauritian Rupee, abbreviated as MUR and often denoted by the currency sign "Rs", is the official currency of Mauritius, an island nation in the Indian Ocean. One rupee is subdivided into 100 cents. The currency symbolizes Mauritius's rich history and cultural diversity, reflecting its historical ties with India and its status as a vibrant, modern economy. The Mauritian Rupee is the sole legal tender in Mauritius, and it is used for all transactions within the country.
The Mauritian Rupee is issued by the Bank of Mauritius, which is the central bank of Mauritius. Established in September 1967, the Bank of Mauritius is responsible for the issuance and management of the country's currency, including both banknotes and coins.
What Is the History of MUR?
The Mauritian Rupee was introduced in 1876, replacing the Indian Rupee, the Mauritian Dollar, and the British Pound Sterling. This change was influenced by the influx of Indian rupees following the immigration of Indian workers to Mauritius's sugar plantations. The introduction of the Mauritian Rupee marked a significant step in the country's journey towards economic independence and identity.
Notes and Coins of MUR
Mauritian Rupee includes both coins and banknotes. Coins are available in denominations of 5, 20, 50 cents, as well as 1, 5, 10, and 20 rupees. Banknotes are issued in denominations of 25, 50, 100, 200, 500, 1,000, and 2,000 rupees. Each banknote features a portrait of a prominent Mauritian figure and a vignette depicting various aspects of Mauritius's culture and natural beauty. The banknotes also incorporate advanced security features, including watermarks, security threads, and elements visible under ultraviolet light.
Is MUR Pegged to USD?
No, the Mauritian Rupee (MUR) is not pegged to the United States Dollar (USD). The Mauritian Rupee operates on a floating exchange rate system, where its value is determined by the foreign exchange market through supply and demand relative to other currencies. This means that the exchange rate of the Mauritian Rupee against the US Dollar and other currencies can fluctuate based on various economic factors, including trade balances, inflation rates, interest rates, and overall economic conditions both within Mauritius and globally.
Can I Use MUR in India?
No, the Mauritian Rupee (MUR) is not accepted for transactions in India. In India, the official currency is the Indian Rupee (INR). While Mauritius and India share historical ties, and both countries use currencies called "rupee," their currencies are distinct and not interchangeable.
Is MUR a Stable Currency?
Historically, the Mauritian Rupee has shown fluctuations in its value against major currencies like the US Dollar, Euro, and Pound Sterling. For instance, over the past five years, it has experienced a depreciation against the US Dollar, with the exchange rate going from approximately 35 MUR/USD in early 2019 to about 45 MUR/USD as of January 2024. This trend indicates a relative instability in its value. While there have been periods of depreciation, the central bank has implemented measures to ensure liquidity and manage inflation, which have contributed to a degree of stability in the domestic economy.
Bitget crypto-to-fiat exchange data shows that the most popular Openfabric AI currency pair is the OFN to MUR, with for Openfabric AI's currency code being OFN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MUR.
OFN to MUR conversion rate trend
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In the past 1D, Openfabric AI has changed -9.01% to MUR. Based on the trend and price charts, Openfabric AI(OFN) has changed -9.01% to MUR while Mauritian Rupee(MUR) has changed % to OFN in the last 24 hours.
OFN to MUR market statistics
OFN/MUR:
₨ 1.66
OFN 24h volume:
₨ 12,650,950.2
OFN market cap:
₨ 229,613,168.36
OFN circulating supply:
138.26M OFN
More info about Openfabric AI on Bitget
Current OFN to MUR exchange rate
Openfabric AI to Mauritian Rupee is falling this week.Openfabric AI's current market price is ₨ 1.66 per OFN, with a total market cap of ₨ 229,613,168.36 MUR based on a circulating supply of 138,263,330 OFN. The trading volume of Openfabric AI has changed by +0.54% (₨ 68,035.82 MUR) in the last 24 hours. Last trading day, OFN's trading volume was ₨ 12,582,914.39.
OFN to MUR Conversion tables
The exchange rate of Openfabric AI is decreasing.1 OFN is currently valued at ₨ 1.66 MUR , which means buying 5 OFN will cost ₨ 8.3 MUR . Similarly, ₨1 MUR can be traded for 0.6022 OFN, and ₨50 MUR can be converted to 30.11 OFN, excluding any platform or gas fees.
The exchange rate of 1 OFN to Mauritian Rupee has changed by -19.67% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.01%, reaching a high of 1.86 MUR and a low of 1.58 MUR . One month ago, the value of 1 OFN was ₨ 2.09 MUR , which represents a -20.62% change from its current value. Over the last year, Openfabric AI has changed by , resulting in a change of -92.43% in its value.
-₨
19.99MUROFN to MUR
Amount
04:14 am today
0.5 OFN
₨0.8303
1 OFN
₨1.66
5 OFN
₨8.3
10 OFN
₨16.61
50 OFN
₨83.03
100 OFN
₨166.07
500 OFN
₨830.35
1000 OFN
₨1,660.69
MUR to OFN
Amount04:14 am today
0.5MUR0.3011 OFN
1MUR0.6022 OFN
5MUR3.01 OFN
10MUR6.02 OFN
50MUR30.11 OFN
100MUR60.22 OFN
500MUR301.08 OFN
1000MUR602.16 OFN
OFN to MUR Today vs. 24 hours ago
| Amount | 04:14 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OFN | ₨0.8303 | ₨0.9114 | -9.01% |
| 1 OFN | ₨1.66 | ₨1.82 | -9.01% |
| 5 OFN | ₨8.3 | ₨9.11 | -9.01% |
| 10 OFN | ₨16.61 | ₨18.23 | -9.01% |
| 50 OFN | ₨83.03 | ₨91.14 | -9.01% |
| 100 OFN | ₨166.07 | ₨182.28 | -9.01% |
| 500 OFN | ₨830.35 | ₨911.4 | -9.01% |
| 1000 OFN | ₨1,660.69 | ₨1,822.8 | -9.01% |
OFN to MUR Today vs. 1 month ago
| Amount | 04:14 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OFN | ₨0.8303 | ₨1.04 | -20.62% |
| 1 OFN | ₨1.66 | ₨2.09 | -20.62% |
| 5 OFN | ₨8.3 | ₨10.43 | -20.62% |
| 10 OFN | ₨16.61 | ₨20.86 | -20.62% |
| 50 OFN | ₨83.03 | ₨104.28 | -20.62% |
| 100 OFN | ₨166.07 | ₨208.57 | -20.62% |
| 500 OFN | ₨830.35 | ₨1,042.85 | -20.62% |
| 1000 OFN | ₨1,660.69 | ₨2,085.7 | -20.62% |
OFN to MUR Today vs. 1 year ago
| Amount | 04:14 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OFN | ₨0.8303 | ₨10.83 | -92.43% |
| 1 OFN | ₨1.66 | ₨21.66 | -92.43% |
| 5 OFN | ₨8.3 | ₨108.28 | -92.43% |
| 10 OFN | ₨16.61 | ₨216.55 | -92.43% |
| 50 OFN | ₨83.03 | ₨1,082.77 | -92.43% |
| 100 OFN | ₨166.07 | ₨2,165.54 | -92.43% |
| 500 OFN | ₨830.35 | ₨10,827.72 | -92.43% |
| 1000 OFN | ₨1,660.69 | ₨21,655.43 | -92.43% |
How to convert OFN to MUR
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Convert OFN to MUR
Use a variety of payment options to buy Openfabric AI on Bitget. We'll show you how.
Learn MoreBuy OFN (or USDT) for MUR (Mauritian Rupee) offers
Bitget P2P trading does not currently support direct buying of OFN with MUR. However, you can buy USDT in Bitget P2P trading first, and then buy OFN with USDT via Bitget spot market.
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Sell OFN (or USDT) for MUR (Mauritian Rupee) offers
Bitget P2P trading currently does not support direct selling of OFN to MUR. However, you can first exchange OFN for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of OFN to MUR?
There are many factors that affect the relationship between Openfabric AI and Mauritian Rupee, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of OFN/MUR. When there is positive news in the market about the widespread adoption of OFN or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OFN/MUR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OFN/MUR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of OFN/MUR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Openfabric AI and adjust their investment strategies accordingly in the evolving market.
Openfabric AI price prediction
What will the price of OFN be in 2026?
Based on OFN's historical price performance prediction model, the price of OFN is projected to reach $0.03950 in 2026.
What will the price of OFN be in 2031?
In 2031, the OFN price is expected to change by +26.00%. By the end of 2031, the OFN price is projected to reach $0.06635, with a cumulative ROI of +61.90%.
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Popular Openfabric AI Converter
Check out these popular currency conversions of Openfabric AI to several fiat currencies.
OFN to TWD
1 OFN to NT$ 1.24 TWD
OFN to CNY
1 OFN to ¥ 0.2713 CNY
OFN to USD
1 OFN to $ 0.03718 USD
OFN to EUR
1 OFN to € 0.03393 EUR
OFN to CAD
1 OFN to $ 0.05290 CAD
OFN to MUR
1 OFN to ₨ 1.66 MUR
OFN to KRW
1 OFN to ₩ 54.51 KRW
OFN to JPY
1 OFN to ¥ 5.44 JPY
OFN to GBP
1 OFN to £ 0.02885 GBP
OFN to BRL
1 OFN to R$ 0.2173 BRL
Popular cryptocurrencies to MUR
Explore other cryptocurrencies based on your interest in Openfabric AI.
BTC to MUR
1 BTC to ₨ 3,471,405.76 MUR
ETH to MUR
1 ETH to ₨ 69,043.41 MUR
XRP to MUR
1 XRP to ₨ 81.28 MUR
SOL to MUR
1 SOL to ₨ 4,605.01 MUR
ADA to MUR
1 ADA to ₨ 24.81 MUR
DOGE to MUR
1 DOGE to ₨ 6.34 MUR
TRUMP to MUR
1 TRUMP to ₨ 343.25 MUR
BNB to MUR
1 BNB to ₨ 24,533.71 MUR
SUI to MUR
1 SUI to ₨ 83.16 MUR
LINK to MUR
1 LINK to ₨ 487.31 MUR
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Openfabric AI and MUR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Openfabric AI and MUR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Openfabric AI in MUR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
