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base info Metal DAO

Metal DAO to Mauritian Rupee Converter and calculator

Convert 1Metal DAO (MTL) to Mauritian Rupee (MUR) equals ₨ 77.57 | Bitget
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Last updated 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 Metal DAO(MTL) to Mauritian Rupee(MUR). This is the real-time data. The current conversion shows 1 MTL at a value of 1 MTL for 77.57 MUR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

MUR information

About the Mauritian Rupee (MUR)

What Is the Mauritian Rupee (MUR)?

The Mauritian Rupee, abbreviated as MUR and often denoted by the currency sign "Rs", is the official currency of Mauritius, an island nation in the Indian Ocean. One rupee is subdivided into 100 cents. The currency symbolizes Mauritius's rich history and cultural diversity, reflecting its historical ties with India and its status as a vibrant, modern economy. The Mauritian Rupee is the sole legal tender in Mauritius, and it is used for all transactions within the country.

The Mauritian Rupee is issued by the Bank of Mauritius, which is the central bank of Mauritius. Established in September 1967, the Bank of Mauritius is responsible for the issuance and management of the country's currency, including both banknotes and coins.

What Is the History of MUR?

The Mauritian Rupee was introduced in 1876, replacing the Indian Rupee, the Mauritian Dollar, and the British Pound Sterling. This change was influenced by the influx of Indian rupees following the immigration of Indian workers to Mauritius's sugar plantations. The introduction of the Mauritian Rupee marked a significant step in the country's journey towards economic independence and identity.

Notes and Coins of MUR

Mauritian Rupee includes both coins and banknotes. Coins are available in denominations of 5, 20, 50 cents, as well as 1, 5, 10, and 20 rupees. Banknotes are issued in denominations of 25, 50, 100, 200, 500, 1,000, and 2,000 rupees. Each banknote features a portrait of a prominent Mauritian figure and a vignette depicting various aspects of Mauritius's culture and natural beauty. The banknotes also incorporate advanced security features, including watermarks, security threads, and elements visible under ultraviolet light.

Is MUR Pegged to USD?

No, the Mauritian Rupee (MUR) is not pegged to the United States Dollar (USD). The Mauritian Rupee operates on a floating exchange rate system, where its value is determined by the foreign exchange market through supply and demand relative to other currencies. This means that the exchange rate of the Mauritian Rupee against the US Dollar and other currencies can fluctuate based on various economic factors, including trade balances, inflation rates, interest rates, and overall economic conditions both within Mauritius and globally.

Can I Use MUR in India?

No, the Mauritian Rupee (MUR) is not accepted for transactions in India. In India, the official currency is the Indian Rupee (INR). While Mauritius and India share historical ties, and both countries use currencies called "rupee," their currencies are distinct and not interchangeable.

Is MUR a Stable Currency?

Historically, the Mauritian Rupee has shown fluctuations in its value against major currencies like the US Dollar, Euro, and Pound Sterling. For instance, over the past five years, it has experienced a depreciation against the US Dollar, with the exchange rate going from approximately 35 MUR/USD in early 2019 to about 45 MUR/USD as of January 2024. This trend indicates a relative instability in its value. While there have been periods of depreciation, the central bank has implemented measures to ensure liquidity and manage inflation, which have contributed to a degree of stability in the domestic economy.

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

MTL to MUR conversion rate trend

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In the past 1D, Metal DAO has changed +0.62% to MUR. Based on the trend and price charts, Metal DAO(MTL) has changed +0.62% to MUR while Mauritian Rupee(MUR) has changed % to MTL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₨78.16
0.0001% / 0.0004%vip-iconVIP
Binance
₨78.3
0.1000% / 0.1000%
Yes
Huobi
₨77.91
0.1000% / 0.1000%
Yes
Gate.io
₨78.3
0.1000% / 0.1000%
Yes
KuCoin
₨78.34
0.1000% / 0.1000%
Yes
Last updated 2024/06/02 17:00:18(UTC+0)

How to buy Metal DAO

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Buy Metal DAO (MTL)
Use a variety of payment options to buy Metal DAO on Bitget. We'll show you how.

What factors influence the conversion rate of Metal DAO to Mauritian Rupee?

Metal DAO to Mauritian Rupee is falling this week.
Metal DAO's current market price is ₨ 77.57 per MTL, with a total market cap of ₨ 5,165,495,597.29 MUR based on a circulating supply of 66,588,890 MTL. The trading volume of Metal DAO has changed by +30.34% (₨ 847,233,992.56 MUR) in the last 24 hours. Last trading day, MTL's trading volume was ₨ 2,792,907,225.15.
Market cap
$112.22M
24h volume
$79.08M
Circulating supply
66.59M MTL

Conversion tables

The exchange rate of Metal DAO is decreasing.
1 MTL is currently valued at ₨ 77.57 MUR , which means buying 5 MTL will cost ₨ 387.86 MUR . Similarly, ₨1 MUR can be traded for 0.01289 MTL, and ₨50 MUR can be converted to 0.6446 MTL, excluding any platform or gas fees.
The exchange rate of 1 MTL to Mauritian Rupee has changed by -10.65% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.62%, reaching a high of 79.93 MUR and a low of 75.18 MUR . One month ago, the value of 1 MTL was ₨ 78.44 MUR , which represents a -1.10% change from its current value. Over the last year, Metal DAO has changed by
+
27.05MUR
, resulting in a change of +53.51% in its value.

MTL to MUR

Amount
17:54 today
0.5 MTL
38.79
1 MTL
77.57
5 MTL
387.86
10 MTL
775.73
50 MTL
3,878.65
100 MTL
7,757.29
500 MTL
38,786.47
1000 MTL
77,572.94

MUR to MTL

Amount17:54 today
0.5MUR0.006446  MTL
1MUR0.01289  MTL
5MUR0.06446  MTL
10MUR0.1289  MTL
50MUR0.6446  MTL
100MUR1.29  MTL
500MUR6.45  MTL
1000MUR12.89  MTL
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Today vs. 24 hours ago

Amount17:54 today24 hours ago24h change
0.5 MTL$0.8426$0.8374
+0.62%
1 MTL$1.69$1.67
+0.62%
5 MTL$8.43$8.37
+0.62%
10 MTL$16.85$16.75
+0.62%
50 MTL$84.26$83.74
+0.62%
100 MTL$168.53$167.49
+0.62%
500 MTL$842.65$837.44
+0.62%
1000 MTL$1,685.3$1,674.89
+0.62%

Today vs. 1 month ago

Amount17:54 today1 month ago1M change
0.5 MTL$0.8426$0.8521
-1.10%
1 MTL$1.69$1.7
-1.10%
5 MTL$8.43$8.52
-1.10%
10 MTL$16.85$17.04
-1.10%
50 MTL$84.26$85.21
-1.10%
100 MTL$168.53$170.41
-1.10%
500 MTL$842.65$852.06
-1.10%
1000 MTL$1,685.3$1,704.12
-1.10%
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Today vs. 1 year ago

Amount17:54 today1 year ago1Y change
0.5 MTL$0.8426$0.5488
+53.51%
1 MTL$1.69$1.1
+53.51%
5 MTL$8.43$5.49
+53.51%
10 MTL$16.85$10.98
+53.51%
50 MTL$84.26$54.88
+53.51%
100 MTL$168.53$109.76
+53.51%
500 MTL$842.65$548.81
+53.51%
1000 MTL$1,685.3$1,097.61
+53.51%

Metal DAO price prediction

What will the price of MTL be in 2025?

Based on MTL's historical price performance prediction model, the price of MTL is projected to reach $2.2 in 2025.

What will the price of MTL be in 2030?

In 2030, the MTL price is expected to rise by 0.00%. By the end of 2030, the MTL price is projected to reach $2.2, with a cumulative ROI of +30.83%.
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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 Metal DAO and MUR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Metal DAO and MUR. 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 Metal DAO in MUR, 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.

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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.