RAI
NPR
Last updated 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 Rai Reflex Index(RAI) to Nepalese Rupee(NPR). This is the real-time data. The current conversion shows 1 RAI at a value of 1 RAI for 408.99 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.
Bitget crypto-to-fiat exchange data shows that the most popular Rai Reflex Index currency pair is the RAI to NPR, with for Rai Reflex Index's currency code being RAI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NPR.
RAI to NPR conversion rate trend
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In the past 1D, Rai Reflex Index has changed -0.46% to NPR. Based on the trend and price charts, Rai Reflex Index(RAI) has changed -0.46% to NPR while Nepalese Rupee(NPR) has changed % to RAI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ₨409.17 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ₨404.93 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/22 16:00:14(UTC+0)
How to buy Rai Reflex Index
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Buy Rai Reflex Index (RAI)
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Buy RAI (or USDT) for NPR (Nepalese Rupee) offers
Bitget P2P trading does not currently support direct buying of RAI with NPR. However, you can buy USDT in Bitget P2P trading first, and then buy RAI with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell RAI (or USDT) for NPR (Nepalese Rupee) offers
Bitget P2P trading currently does not support direct selling of RAI to NPR. However, you can first exchange RAI for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Rai Reflex Index to Nepalese Rupee?
Rai Reflex Index to Nepalese Rupee is rising this week.Rai Reflex Index's current market price is ₨ 408.99 per RAI, with a total market cap of ₨ 477,342,813.9 NPR based on a circulating supply of 1,167,120.2 RAI. The trading volume of Rai Reflex Index has changed by -7.74% (₨ -691,890.46 NPR) in the last 24 hours. Last trading day, RAI's trading volume was ₨ 8,941,579.21.
Market cap
$3.53M
24h volume
$61.04K
Circulating supply
1.17M RAI
Conversion tables
The exchange rate of Rai Reflex Index is decreasing.1 RAI is currently valued at ₨ 408.99 NPR , which means buying 5 RAI will cost ₨ 2,044.96 NPR . Similarly, ₨1 NPR can be traded for 0.002445 RAI, and ₨50 NPR can be converted to 0.1223 RAI, excluding any platform or gas fees.
The exchange rate of 1 RAI to Nepalese Rupee has changed by +0.37% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.46%, reaching a high of 412.95 NPR and a low of 406.44 NPR . One month ago, the value of 1 RAI was ₨ 409.61 NPR , which represents a -0.15% change from its current value. Over the last year, Rai Reflex Index has changed by , resulting in a change of +8.51% in its value.
+₨
32.08NPRRAI to NPR
Amount
21:19 today
0.5 RAI
₨204.5
1 RAI
₨408.99
5 RAI
₨2,044.96
10 RAI
₨4,089.92
50 RAI
₨20,449.6
100 RAI
₨40,899.2
500 RAI
₨204,496
1000 RAI
₨408,991.99
NPR to RAI
Amount21:19 today
0.5NPR0.001223 RAI
1NPR0.002445 RAI
5NPR0.01223 RAI
10NPR0.02445 RAI
50NPR0.1223 RAI
100NPR0.2445 RAI
500NPR1.22 RAI
1000NPR2.45 RAI
Today vs. 24 hours ago
| Amount | 21:19 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RAI | $1.51 | $1.52 | -0.46% |
| 1 RAI | $3.03 | $3.04 | -0.46% |
| 5 RAI | $15.13 | $15.2 | -0.46% |
| 10 RAI | $30.26 | $30.4 | -0.46% |
| 50 RAI | $151.3 | $152.01 | -0.46% |
| 100 RAI | $302.61 | $304.01 | -0.46% |
| 500 RAI | $1,513.04 | $1,520.07 | -0.46% |
| 1000 RAI | $3,026.08 | $3,040.15 | -0.46% |
Today vs. 1 month ago
| Amount | 21:19 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RAI | $1.51 | $1.52 | -0.15% |
| 1 RAI | $3.03 | $3.03 | -0.15% |
| 5 RAI | $15.13 | $15.15 | -0.15% |
| 10 RAI | $30.26 | $30.31 | -0.15% |
| 50 RAI | $151.3 | $151.53 | -0.15% |
| 100 RAI | $302.61 | $303.06 | -0.15% |
| 500 RAI | $1,513.04 | $1,515.32 | -0.15% |
| 1000 RAI | $3,026.08 | $3,030.63 | -0.15% |
Today vs. 1 year ago
| Amount | 21:19 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RAI | $1.51 | $1.39 | +8.51% |
| 1 RAI | $3.03 | $2.79 | +8.51% |
| 5 RAI | $15.13 | $13.94 | +8.51% |
| 10 RAI | $30.26 | $27.89 | +8.51% |
| 50 RAI | $151.3 | $139.44 | +8.51% |
| 100 RAI | $302.61 | $278.88 | +8.51% |
| 500 RAI | $1,513.04 | $1,394.38 | +8.51% |
| 1000 RAI | $3,026.08 | $2,788.76 | +8.51% |
Rai Reflex Index price prediction
What will the price of RAI be in 2025?
Based on RAI's historical price performance prediction model, the price of RAI is projected to reach $4.31 in 2025.
What will the price of RAI be in 2030?
In 2030, the RAI price is expected to change by -3.00%. By the end of 2030, the RAI price is projected to reach $4.43, with a cumulative ROI of +45.02%.
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Popular Rai Reflex Index conversions
Check out these popular currency conversions of Rai Reflex Index to several fiat currencies.
Rai Reflex Index to USD
1 RAI to $ 3.03 USD
Rai Reflex Index to GBP
1 RAI to £ 2.42 GBP
Rai Reflex Index to EUR
1 RAI to € 2.9 EUR
Rai Reflex Index to KRW
1 RAI to ₩ 4,251.11 KRW
Rai Reflex Index to CAD
1 RAI to $ 4.23 CAD
Rai Reflex Index to AUD
1 RAI to $ 4.66 AUD
Rai Reflex Index to JPY
1 RAI to ¥ 468.23 JPY
Rai Reflex Index to BRL
1 RAI to R$ 17.59 BRL
Rai Reflex Index to CNY
1 RAI to ¥ 21.95 CNY
Rai Reflex Index to TWD
1 RAI to NT$ 98.52 TWD
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1 BTC to ₨ 13,389,806.73 NPR
TARS AI to NPR
1 TAI to ₨ 29.23 NPR
EGO to NPR
1 EGO to ₨ 2.52 NPR
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1 CHILLGUY to ₨ 39.25 NPR
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1 SAI to ₨ 4.83 NPR
XRP to NPR
1 XRP to ₨ 196.05 NPR
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1 XLM to ₨ 46.74 NPR
Solana to NPR
1 SOL to ₨ 34,415.93 NPR
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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 Rai Reflex Index and NPR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Rai Reflex Index and NPR. 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 Rai Reflex Index in NPR, 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.
