DRC
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 Digital Reserve Currency(DRC) to Nepalese Rupee(NPR). This is the real-time data. The current conversion shows 1 DRC at a value of 1 DRC for 0.03 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 Digital Reserve Currency currency pair is the DRC to NPR, with for Digital Reserve Currency's currency code being DRC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NPR.
DRC to NPR conversion rate trend
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In the past 1D, Digital Reserve Currency has changed +9.19% to NPR. Based on the trend and price charts, Digital Reserve Currency(DRC) has changed +9.19% to NPR while Nepalese Rupee(NPR) has changed % to DRC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ₨0.02764 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:31:33(UTC+0)
How to buy Digital Reserve Currency
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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Digital Reserve Currency (DRC)
Use a variety of payment options to buy Digital Reserve Currency on Bitget. We'll show you how.
Buy DRC (or USDT) for NPR (Nepalese Rupee) offers
Bitget P2P trading does not currently support direct buying of DRC with NPR. However, you can buy USDT in Bitget P2P trading first, and then buy DRC 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 DRC (or USDT) for NPR (Nepalese Rupee) offers
Bitget P2P trading currently does not support direct selling of DRC to NPR. However, you can first exchange DRC 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 Digital Reserve Currency to Nepalese Rupee?
Digital Reserve Currency to Nepalese Rupee is falling this week.Digital Reserve Currency's current market price is ₨ 0.03031 per DRC, with a total market cap of ₨ 30,305,577.14 NPR based on a circulating supply of 1,000,000,000 DRC. The trading volume of Digital Reserve Currency has changed by 0.00% (₨ 1.64 NPR) in the last 24 hours. Last trading day, DRC's trading volume was ₨ 33,382.52.
Market cap
$223.69K
24h volume
$246.41228267
Circulating supply
1.00B DRC
Conversion tables
The exchange rate of Digital Reserve Currency is increasing.1 DRC is currently valued at ₨ 0.03031 NPR , which means buying 5 DRC will cost ₨ 0.1515 NPR . Similarly, ₨1 NPR can be traded for 33 DRC, and ₨50 NPR can be converted to 1,649.86 DRC, excluding any platform or gas fees.
The exchange rate of 1 DRC to Nepalese Rupee has changed by -12.98% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.19%, reaching a high of 0.03064 NPR and a low of 0.02718 NPR . One month ago, the value of 1 DRC was ₨ 0.02812 NPR , which represents a +7.80% change from its current value. Over the last year, Digital Reserve Currency has changed by , resulting in a change of -26.07% in its value.
-₨
0.01067NPRDRC to NPR
Amount
00:00 am today
0.5 DRC
₨0.01515
1 DRC
₨0.03031
5 DRC
₨0.1515
10 DRC
₨0.3031
50 DRC
₨1.52
100 DRC
₨3.03
500 DRC
₨15.15
1000 DRC
₨30.31
NPR to DRC
Amount00:00 am today
0.5NPR16.5 DRC
1NPR33 DRC
5NPR164.99 DRC
10NPR329.97 DRC
50NPR1,649.86 DRC
100NPR3,299.72 DRC
500NPR16,498.61 DRC
1000NPR32,997.23 DRC
Today vs. 24 hours ago
| Amount | 00:00 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 DRC | $0.0001118 | $0.0001024 | +9.19% |
| 1 DRC | $0.0002237 | $0.0002049 | +9.19% |
| 5 DRC | $0.001118 | $0.001024 | +9.19% |
| 10 DRC | $0.002237 | $0.002049 | +9.19% |
| 50 DRC | $0.01118 | $0.01024 | +9.19% |
| 100 DRC | $0.02237 | $0.02049 | +9.19% |
| 500 DRC | $0.1118 | $0.1024 | +9.19% |
| 1000 DRC | $0.2237 | $0.2049 | +9.19% |
Today vs. 1 month ago
| Amount | 00:00 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 DRC | $0.0001118 | $0.0001038 | +7.80% |
| 1 DRC | $0.0002237 | $0.0002075 | +7.80% |
| 5 DRC | $0.001118 | $0.001038 | +7.80% |
| 10 DRC | $0.002237 | $0.002075 | +7.80% |
| 50 DRC | $0.01118 | $0.01038 | +7.80% |
| 100 DRC | $0.02237 | $0.02075 | +7.80% |
| 500 DRC | $0.1118 | $0.1038 | +7.80% |
| 1000 DRC | $0.2237 | $0.2075 | +7.80% |
Today vs. 1 year ago
| Amount | 00:00 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 DRC | $0.0001118 | $0.0001512 | -26.07% |
| 1 DRC | $0.0002237 | $0.0003025 | -26.07% |
| 5 DRC | $0.001118 | $0.001512 | -26.07% |
| 10 DRC | $0.002237 | $0.003025 | -26.07% |
| 50 DRC | $0.01118 | $0.01512 | -26.07% |
| 100 DRC | $0.02237 | $0.03025 | -26.07% |
| 500 DRC | $0.1118 | $0.1512 | -26.07% |
| 1000 DRC | $0.2237 | $0.3025 | -26.07% |
Digital Reserve Currency price prediction
What will the price of DRC be in 2025?
Based on DRC's historical price performance prediction model, the price of DRC is projected to reach $0.0003617 in 2025.
What will the price of DRC be in 2030?
In 2030, the DRC price is expected to change by -1.00%. By the end of 2030, the DRC price is projected to reach $0.0007130, with a cumulative ROI of +249.11%.
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Popular Digital Reserve Currency conversions
Check out these popular currency conversions of Digital Reserve Currency to several fiat currencies.
Digital Reserve Currency to USD
1 DRC to $ 0.0002237 USD
Digital Reserve Currency to GBP
1 DRC to £ 0.0001780 GBP
Digital Reserve Currency to EUR
1 DRC to € 0.0002145 EUR
Digital Reserve Currency to KRW
1 DRC to ₩ 0.3235 KRW
Digital Reserve Currency to CAD
1 DRC to $ 0.0003214 CAD
Digital Reserve Currency to AUD
1 DRC to $ 0.0003575 AUD
Digital Reserve Currency to JPY
1 DRC to ¥ 0.03499 JPY
Digital Reserve Currency to BRL
1 DRC to R$ 0.001361 BRL
Digital Reserve Currency to CNY
1 DRC to ¥ 0.001632 CNY
Digital Reserve Currency to TWD
1 DRC to NT$ 0.007300 TWD
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1 STEEM to ₨ 29.99 NPR
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1 CHILLGUY to ₨ 25.16 NPR
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1 FTT to ₨ 401.51 NPR
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1 LPT to ₨ 2,112.13 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 Digital Reserve Currency 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 Digital Reserve Currency 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 Digital Reserve Currency 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.
