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Phoenic to Nepalese Rupee Converter and calculator

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Convert 1Phoenic (PNIC) to Nepalese Rupee (NPR) equals ₨ 0.2985 | Bitget
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Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Phoenic(PNIC) to Nepalese Rupee(NPR). This is the real-time data. The current conversion shows 1 PNIC at a value of 1 PNIC for 0.30 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.

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

PNIC to NPR conversion rate trend

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In the past 1D, Phoenic has changed +7.93% to NPR. Based on the trend and price charts, Phoenic(PNIC) has changed +7.93% to NPR while Nepalese Rupee(NPR) has changed % to PNIC in the last 24 hours.

PNIC to NPR market statistics

PNIC/NPR:
₨ 0.2985
PNIC 24h volume:
₨ 9,306,835.2
PNIC market cap:
₨ 75,934,871.4
PNIC circulating supply:
254.37M PNIC

Current PNIC to NPR exchange rate

Phoenic to Nepalese Rupee is falling this week.
Phoenic's current market price is ₨ 0.2985 per PNIC, with a total market cap of ₨ 75,934,871.4 NPR based on a circulating supply of 254,367,020 PNIC. The trading volume of Phoenic has changed by +21.75% (₨ 1,662,642.49 NPR) in the last 24 hours. Last trading day, PNIC's trading volume was ₨ 7,644,192.71.

PNIC to NPR Conversion tables

The exchange rate of Phoenic is increasing.
1 PNIC is currently valued at ₨ 0.2985 NPR , which means buying 5 PNIC will cost ₨ 1.49 NPR . Similarly, ₨1 NPR can be traded for 3.35 PNIC, and ₨50 NPR can be converted to 167.49 PNIC, excluding any platform or gas fees.
The exchange rate of 1 PNIC to Nepalese Rupee has changed by -33.93% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.93%, reaching a high of 0.3098 NPR and a low of 0.2717 NPR . One month ago, the value of 1 PNIC was ₨ 0.2895 NPR , which represents a +3.11% change from its current value. Over the last year, Phoenic has changed by
-
7.4NPR
, resulting in a change of -96.13% in its value.

PNIC to NPR

Amount
19:32 today
0.5 PNIC
0.1493
1 PNIC
0.2985
5 PNIC
1.49
10 PNIC
2.99
50 PNIC
14.93
100 PNIC
29.85
500 PNIC
149.26
1000 PNIC
298.52

NPR to PNIC

Amount19:32 today
0.5NPR1.67  PNIC
1NPR3.35  PNIC
5NPR16.75  PNIC
10NPR33.5  PNIC
50NPR167.49  PNIC
100NPR334.98  PNIC
500NPR1,674.9  PNIC
1000NPR3,349.81  PNIC
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PNIC to NPR Today vs. 24 hours ago

Amount19:32 today24 hours ago24h change
0.5 PNIC₨0.1493₨0.1383
+7.93%
1 PNIC₨0.2985₨0.2766
+7.93%
5 PNIC₨1.49₨1.38
+7.93%
10 PNIC₨2.99₨2.77
+7.93%
50 PNIC₨14.93₨13.83
+7.93%
100 PNIC₨29.85₨27.66
+7.93%
500 PNIC₨149.26₨138.31
+7.93%
1000 PNIC₨298.52₨276.62
+7.93%

PNIC to NPR Today vs. 1 month ago

Amount19:32 today1 month ago1M change
0.5 PNIC₨0.1493₨0.1448
+3.11%
1 PNIC₨0.2985₨0.2895
+3.11%
5 PNIC₨1.49₨1.45
+3.11%
10 PNIC₨2.99₨2.9
+3.11%
50 PNIC₨14.93₨14.48
+3.11%
100 PNIC₨29.85₨28.95
+3.11%
500 PNIC₨149.26₨144.76
+3.11%
1000 PNIC₨298.52₨289.53
+3.11%

PNIC to NPR Today vs. 1 year ago

Amount19:32 today1 year ago1Y change
0.5 PNIC₨0.1493₨3.85
-96.13%
1 PNIC₨0.2985₨7.69
-96.13%
5 PNIC₨1.49₨38.47
-96.13%
10 PNIC₨2.99₨76.94
-96.13%
50 PNIC₨14.93₨384.72
-96.13%
100 PNIC₨29.85₨769.44
-96.13%
500 PNIC₨149.26₨3,847.19
-96.13%
1000 PNIC₨298.52₨7,694.38
-96.13%

How to convert PNIC to NPR

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Convert PNIC to NPR
Use a variety of payment options to buy Phoenic on Bitget. We'll show you how.

Buy PNIC (or USDT) for NPR (Nepalese Rupee) offers

Bitget P2P trading does not currently support direct buying of PNIC with NPR. However, you can buy USDT in Bitget P2P trading first, and then buy PNIC with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell PNIC (or USDT) for NPR (Nepalese Rupee) offers

Bitget P2P trading currently does not support direct selling of PNIC to NPR. However, you can first exchange PNIC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of PNIC to NPR?

There are many factors that affect the relationship between Phoenic and Nepalese 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 PNIC/NPR. When there is positive news in the market about the widespread adoption of PNIC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PNIC/NPR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PNIC/NPR.
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 PNIC/NPR. 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 Phoenic and adjust their investment strategies accordingly in the evolving market.

Phoenic price prediction

What will the price of PNIC be in 2026?

Based on PNIC's historical price performance prediction model, the price of PNIC is projected to reach $0.005488 in 2026.

What will the price of PNIC be in 2031?

In 2031, the PNIC price is expected to change by 0.00%. By the end of 2031, the PNIC price is projected to reach $0.01010, with a cumulative ROI of +369.11%.

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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 Phoenic 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 Phoenic 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 Phoenic 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.