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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.90%
BTC/USDT$82881.18 (+0.22%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,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 share61.90%
BTC/USDT$82881.18 (+0.22%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
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MON
INR
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 MON(MON) to Indian Rupee(INR). This is the real-time data. The current conversion shows 1 MON at a value of 1 MON for 2.24 INR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
INR information
About the Indian Rupee (INR)
What Is the Indian Rupee (INR)?
The Indian Rupee, designated by the ISO code INR, is the official currency of the Republic of India. The term 'rupee' is derived from the Sanskrit word 'rupyakam,' meaning a silver coin. The Indian Rupee got its symbol (₹) in 2010, which is a blend of the Devanagari 'Ra' and the Roman capital 'R' without its vertical bar. The Indian Rupee is the sole legal tender in India, and it is used for all transactions within the country.
The Indian Rupee is issued by the Reserve Bank of India (RBI), which is the central bank of India. The RBI is responsible for the regulation and management of the Indian currency and monetary policy. It oversees the issuance and supply of the rupee, ensuring stability and integrity in the country's financial system. The RBI also implements measures to combat counterfeiting and manages the currency's design and denominations.
What Is the History of INR?
The Coinage Act of 1835 standardized coinage in India, introducing coins bearing the effigy of William IV and later Queen Victoria. The rupiya, originally a silver coin, faced devaluation against gold during the 19th century due to the discovery of large silver reserves in Europe and the U.S. During World War II, the regular rupee was replaced with Quaternary Silver Alloy, and post-independence in 1947, India continued using the existing currency until the adoption of its constitution in 1950. In 1957, India introduced a decimal currency system, dividing the rupee into 100 paise.
Notes and Coins of INR
The current series of Indian currency includes notes of various denominations such as 10, 20, 50, 100, 200, 500, and 2000 INR. Each denomination has its unique color scheme and design elements, making them easily distinguishable. The coins, ranging from smaller denominations like 1, 2, 5, and 10 rupees, are minted in various metals and also feature emblematic designs representing India's cultural and historical ethos..
Economic Impact and Exchange Rate Management
The demonetization in 2016 aimed to disrupt the underground economy and curb the financing of illegal activities. This move led to the issuance of new 500 and 2000 INR notes in the Mahatma Gandhi New Series. The RBI's strategy does not peg the INR to a specific foreign currency, but instead aims to reduce exchange rate volatility through market interventions. This policy reflects a preference for a stable yet flexible exchange rate system, adapting to global economic dynamics.
What Is Digital Rupee?
The Digital Rupee, also known as e₹ or eINR, is a digital version of the Indian Rupee, issued by the Reserve Bank of India (RBI) as a central bank digital currency (CBDC). Launched in December 2022, it utilizes blockchain distributed-ledger technology for secure transactions. The Digital Rupee is uniquely identifiable and regulated by the RBI, ensuring its reliability as legal tender. It is designed to be accessible both online and offline, catering to a wide range of financial transactions. The RBI has introduced two versions: the Digital Rupee for Wholesale (e₹-W) for interbank settlements and the Digital Rupee for Retail (e₹-R) for consumer and business transactions. This initiative aims to reduce the costs associated with physical currency, enhance transaction efficiency, and support India's growing digital economy. Unlike cryptocurrencies, the Digital Rupee is a sovereign currency, backed by the RBI, and holds the same value as its physical counterpart.
Bitget crypto-to-fiat exchange data shows that the most popular MON currency pair is the MON to INR, with for MON's currency code being MON. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for INR.
MON to INR conversion rate trend
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In the past 1D, MON has changed +0.33% to INR. Based on the trend and price charts, MON(MON) has changed +0.33% to INR while Indian Rupee(INR) has changed % to MON in the last 24 hours.
MON to INR market statistics
MON/INR:
₹ 2.24
MON 24h volume:
₹ 193,263,610.14
MON market cap:
₹ 1,077,194,544.66
MON circulating supply:
480.55M MON
More info about MON on Bitget
Current MON to INR exchange rate
MON to Indian Rupee is falling this week.MON's current market price is ₹ 2.24 per MON, with a total market cap of ₹ 1,077,194,544.66 INR based on a circulating supply of 480,552,420 MON. The trading volume of MON has changed by -3.31% (₹ -6,624,078.10 INR) in the last 24 hours. Last trading day, MON's trading volume was ₹ 199,887,688.24.
MON to INR Conversion tables
The exchange rate of MON is decreasing.1 MON is currently valued at ₹ 2.24 INR , which means buying 5 MON will cost ₹ 11.21 INR . Similarly, ₹1 INR can be traded for 0.4461 MON, and ₹50 INR can be converted to 22.31 MON, excluding any platform or gas fees.
The exchange rate of 1 MON to Indian Rupee has changed by -9.61% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.33%, reaching a high of 2.44 INR and a low of 2.22 INR . One month ago, the value of 1 MON was ₹ 2.34 INR , which represents a -4.31% change from its current value. Over the last year, MON has changed by , resulting in a change of -96.08% in its value.
-₹
55.01INRMON to INR
Amount
14:29 today
0.5 MON
₹1.12
1 MON
₹2.24
5 MON
₹11.21
10 MON
₹22.42
50 MON
₹112.08
100 MON
₹224.16
500 MON
₹1,120.79
1000 MON
₹2,241.58
INR to MON
Amount14:29 today
0.5INR0.2231 MON
1INR0.4461 MON
5INR2.23 MON
10INR4.46 MON
50INR22.31 MON
100INR44.61 MON
500INR223.06 MON
1000INR446.11 MON
MON to INR Today vs. 24 hours ago
| Amount | 14:29 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MON | ₹1.12 | ₹1.12 | +0.33% |
| 1 MON | ₹2.24 | ₹2.23 | +0.33% |
| 5 MON | ₹11.21 | ₹11.17 | +0.33% |
| 10 MON | ₹22.42 | ₹22.34 | +0.33% |
| 50 MON | ₹112.08 | ₹111.71 | +0.33% |
| 100 MON | ₹224.16 | ₹223.41 | +0.33% |
| 500 MON | ₹1,120.79 | ₹1,117.07 | +0.33% |
| 1000 MON | ₹2,241.58 | ₹2,234.14 | +0.33% |
MON to INR Today vs. 1 month ago
| Amount | 14:29 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MON | ₹1.12 | ₹1.17 | -4.31% |
| 1 MON | ₹2.24 | ₹2.34 | -4.31% |
| 5 MON | ₹11.21 | ₹11.71 | -4.31% |
| 10 MON | ₹22.42 | ₹23.43 | -4.31% |
| 50 MON | ₹112.08 | ₹117.13 | -4.31% |
| 100 MON | ₹224.16 | ₹234.25 | -4.31% |
| 500 MON | ₹1,120.79 | ₹1,171.27 | -4.31% |
| 1000 MON | ₹2,241.58 | ₹2,342.54 | -4.31% |
MON to INR Today vs. 1 year ago
| Amount | 14:29 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MON | ₹1.12 | ₹28.63 | -96.08% |
| 1 MON | ₹2.24 | ₹57.25 | -96.08% |
| 5 MON | ₹11.21 | ₹286.26 | -96.08% |
| 10 MON | ₹22.42 | ₹572.51 | -96.08% |
| 50 MON | ₹112.08 | ₹2,862.56 | -96.08% |
| 100 MON | ₹224.16 | ₹5,725.12 | -96.08% |
| 500 MON | ₹1,120.79 | ₹28,625.58 | -96.08% |
| 1000 MON | ₹2,241.58 | ₹57,251.16 | -96.08% |
How to convert MON to INR
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Convert MON to INR
Use a variety of payment options to buy MON on Bitget. We'll show you how.
Learn MoreBuy MON (or USDT) for INR (Indian Rupee) offers
Bitget P2P trading does not currently support direct buying of MON with INR. However, you can buy USDT in Bitget P2P trading first, and then buy MON with USDT via Bitget spot market.
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Sell MON (or USDT) for INR (Indian Rupee) offers
Bitget P2P trading currently does not support direct selling of MON to INR. However, you can first exchange MON 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 MON to INR?
There are many factors that affect the relationship between MON and Indian 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 MON/INR. When there is positive news in the market about the widespread adoption of MON or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MON/INR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MON/INR.
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 MON/INR. 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 MON and adjust their investment strategies accordingly in the evolving market.
MON price prediction
What will the price of MON be in 2026?
Based on MON's historical price performance prediction model, the price of MON is projected to reach $0.03075 in 2026.
What will the price of MON be in 2031?
In 2031, the MON price is expected to change by +19.00%. By the end of 2031, the MON price is projected to reach $0.05790, with a cumulative ROI of +120.88%.
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Popular MON Converter
Check out these popular currency conversions of MON to several fiat currencies.
MON to TWD
1 MON to NT$ 0.8698 TWD
MON to CNY
1 MON to ¥ 0.1909 CNY
MON to USD
1 MON to $ 0.02621 USD
MON to EUR
1 MON to € 0.02391 EUR
MON to CAD
1 MON to $ 0.03729 CAD
MON to INR
1 MON to ₹ 2.24 INR
MON to KRW
1 MON to ₩ 38.25 KRW
MON to JPY
1 MON to ¥ 3.85 JPY
MON to GBP
1 MON to £ 0.02034 GBP
MON to BRL
1 MON to R$ 0.1531 BRL
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1 USUAL to ₹ 9.99 INR
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1 BTC to ₹ 7,077,405.76 INR
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1 CRTS to ₹ 0.03221 INR
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1 ZRO to ₹ 258.84 INR
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1 VIDT to ₹ 2.18 INR
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1 AMP to ₹ 0.3130 INR
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1 BERA to ₹ 481.85 INR
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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 MON and INR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as MON and INR. 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 MON in INR, 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.
What does MON stand for in the context of cryptocurrency?
MON typically refers to a specific cryptocurrency or token symbol in the blockchain ecosystem.
How does MON to INR conversion work?
MON to INR conversion involves swapping the MON cryptocurrency for Indian Rupee based on prevailing exchange rates.
Where can I find the current exchange rate for MON to INR?
Numerous cryptocurrency exchanges and financial platforms provide real-time MON to INR exchange rates.
Is converting MON to INR subject to fees and charges?
Yes, most exchanges and platforms charge a transaction fee for currency conversions.
Can I directly buy MON with INR?
Some exchanges allow direct buying of MON with INR, but availability may vary.
Which platforms support MON to INR trading?
Exchanges like WazirX, Binance, and CoinSwitch often support such trading pairs.
What factors affect the MON to INR exchange rate?
The exchange rate is influenced by market demand, supply of MON, and broader economic conditions.
How can I safely convert MON to INR?
Use reputable exchanges, check for security features, and ensure you understand transaction fees.
Is the MON to INR legal in India?
Trading cryptocurrencies, including MON, is legal in India, though regulations continue to evolve.
What are the risks involved in converting MON to INR?
Risks include exchange rate fluctuations, regulatory changes, and potential scams in untrustworthy platforms.
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.
