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HMX to INR Converter and calculator

HMX/INR: 1 HMX = 0.04454 INR. The price of converting 1 Hermes DAO (HMX) to Indian Rupee (INR) is 0.04454 INR today.
HMX
HMX
INR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides HMX to INR real-time exchange rates, making it easy to convert Hermes DAO (HMX) to Indian Rupee (INR). The conversion result is based on real-time data. The conversion result shows that 1 HMX is currently valued at 0.04 INR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 HMX is currently valued at 0.04 INR, which means buying 5 HMX would cost 0.22 INR. Similarly, ₹1 INR can be converted to 22.45 HMX, and ₹50 INR can be converted to 112.27 HMX, excluding any platform or gas fees.

Convert HMX to INR

Convert INR to HMX

Hermes DAO
Indian Rupee
10000 HMX
445.37  INR
In the table above, you'll find a comprehensive HMX to INR converter that shows the value of Hermes DAO in Indian Rupee across commonly used conversion amounts. The list covers conversions from 1 HMX to INR, all the way up to 10000 HMX, providing a clear view of their respective values.
Indian Rupee
Hermes DAO
5000 INR
112,266.78 HMX
10000 INR
224,533.56 HMX
50000 INR
1,122,667.78 HMX
100000 INR
2,245,335.56 HMX
In the table above, you'll find a comprehensive INR to HMX converter that shows the value of Indian Rupee in Hermes DAO across commonly used conversion amounts. The list covers conversions from 1 INR to HMX, all the way up to 100000 INR, providing a clear view of their respective values.

HMX to INR chart

HMX/INR: 1 HMX = 0.04454 INR; 2025/04/29 12:45:39
In the past 1D, Hermes DAO has changed -1.72% to INR. Based on the trend and price charts, Hermes DAO(HMX) has changed -1.72% to INR while Indian Rupee(INR) has changed % to HMX in the last 24 hours.
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HMX to INR conversion data: Volatility and price changes of Hermes DAO in INR

The highest Hermes DAO price in INR over the past 7 days was 0.06945 INR while the lowest Hermes DAO price in INR over the past 7 days was 0.02320 INR. The relative change between the highs and lows in Hermes DAO price in INR over the last 7 days indicates a volatility of %. You can view additional volatility data and HMX to INR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.05573 INR
0.06945 INR
0.09189 INR
30.24 INR
Low
0.03712 INR
0.02320 INR
0.01028 INR
0.006372 INR
Average
0 INR
0 INR
0 INR
0 INR
Volatility
%
%
%
%
Change
-1.72%
-24.96%
+126.59%
+54.07%

Hermes DAO information

HMX to INR market statistics

HMX/INR:
₹0.04454
HMX 24h volume:
₹25,275.53
HMX market cap:
--
HMX circulating supply:
0 HMX

Current HMX to INR exchange rate

Hermes DAO to Indian Rupee is falling this week.
Hermes DAO's current market price is ₹0.04454 per HMX, with a total market cap of ₹0 INR based on a circulating supply of -- HMX. The trading volume of Hermes DAO has changed by +314.52% (₹19,178 INR) in the last 24 hours. Last trading day, HMX's trading volume was ₹6,097.52.

More info about Hermes DAO on Bitget

Indian Rupee 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 Hermes DAO currency pair is the HMX to INR, with for Hermes DAO's currency code being HMX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for INR.

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How to convert HMX to INR

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Bitget P2P trading does not currently support direct buying of HMX with INR. However, you can buy USDT in Bitget P2P trading first, and then buy HMX with USDT via Bitget spot market.
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HMX to INR Conversion tables

The exchange rate of Hermes DAO is increasing.
The exchange rate of 1 HMX to Indian Rupee has changed by -24.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.72%, reaching a high of 0.05573 INR and a low of 0.03712 INR . One month ago, the value of 1 HMX was ₹0.01965 INR , which represents a +126.59% change from its current value. Over the last year, Hermes DAO has changed by
-
0.2001INR
, resulting in a change of -81.79% in its value.
24 hours ago1 month ago1 year ago
Amount12:45 today24 hours ago24h change
0.5 HMX₹0.02227₹0.02266
-1.72%
1 HMX₹0.04454₹0.04532
-1.72%
5 HMX₹0.2227₹0.2266
-1.72%
10 HMX₹0.4454₹0.4532
-1.72%
50 HMX₹2.23₹2.27
-1.72%
100 HMX₹4.45₹4.53
-1.72%
500 HMX₹22.27₹22.66
-1.72%
1000 HMX₹44.54₹45.32
-1.72%

HMX to INR FAQ

How much is 1 Hermes DAO in INR?
Right now, the price of 1 Hermes DAO (HMX) in Indian Rupee (INR) is ₹0.04454.
How much HMX can I buy for 1 INR?
Based on the current exchange rate, you can get 22.45 HMX for 1 INR.
How do I calculate or convert HMX to INR?
You can use our HMX to INR calculator at the top of this page to convert any amount of HMX to INR. We've also included quick-reference tables for the most popular conversions. For example, 5 INR is equivalent to 112.27 HMX, while 5 HMX will cost around 0.2227INR.
What is the highest price of HMX/INR in history?
The all-time high price of 1 HMX in INR is ₹30.24. It remains to be seen if the value of 1 HMX/INR will exceed the current all-time high.
What is the price trend of Hermes DAO in INR?
Over the past 7 days, the exchange rate of Hermes DAO (HMX) has gone down by 24.96%.   Over the last month, the exchange rate of Hermes DAO (HMX) has gone up by 126.59% against Indian Rupee (INR).

What factors influence the conversion rate of HMX to INR?

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

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