VELO
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 Velodrome Finance(VELO) to Nepalese Rupee(NPR). This is the real-time data. The current conversion shows 1 VELO at a value of 1 VELO for 18.68 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 Velodrome Finance currency pair is the VELO to NPR, with for Velodrome Finance's currency code being VELO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NPR.
VELO to NPR conversion rate trend
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In the past 1D, Velodrome Finance has changed +0.57% to NPR. Based on the trend and price charts, Velodrome Finance(VELO) has changed +0.57% to NPR while Nepalese Rupee(NPR) has changed % to VELO in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ₨18.76 | 0.0001% / 0.0004%  VIP | |
OKX | ₨18.68 | 0.080% / 0.100% | Yes |
Gate.io | ₨18.58 | 0.1000% / 0.1000% | Yes |
Last updated 2024/06/02 22:00:16(UTC+0)
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Learn MoreWhat factors influence the conversion rate of Velodrome Finance to Nepalese Rupee?
Velodrome Finance to Nepalese Rupee is rising this week.Velodrome Finance's current market price is ₨ 18.68 per VELO, with a total market cap of ₨ 12,860,312,503.3 NPR based on a circulating supply of 688,352,260 VELO. The trading volume of Velodrome Finance has changed by +13.17% (₨ 57,558,377.5 NPR) in the last 24 hours. Last trading day, VELO's trading volume was ₨ 437,064,821.2.
Market cap
$96.36M
24h volume
$3.71M
Circulating supply
688.35M VELO
Conversion tables
The exchange rate of Velodrome Finance is decreasing.1 VELO is currently valued at ₨ 18.68 NPR , which means buying 5 VELO will cost ₨ 93.41 NPR . Similarly, ₨1 NPR can be traded for 0.05353 VELO, and ₨50 NPR can be converted to 2.68 VELO, excluding any platform or gas fees.
The exchange rate of 1 VELO to Nepalese Rupee has changed by +3.43% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.57%, reaching a high of 19.2 NPR and a low of 18.47 NPR . One month ago, the value of 1 VELO was ₨ 21.74 NPR , which represents a -14.09% change from its current value. Over the last year, Velodrome Finance has changed by , resulting in a change of +54.04% in its value.
+₨
6.55NPRVELO to NPR
Amount
22:25 today
0.5 VELO
₨9.34
1 VELO
₨18.68
5 VELO
₨93.41
10 VELO
₨186.83
50 VELO
₨934.14
100 VELO
₨1,868.27
500 VELO
₨9,341.37
1000 VELO
₨18,682.75
NPR to VELO
Amount22:25 today
0.5NPR0.02676 VELO
1NPR0.05353 VELO
5NPR0.2676 VELO
10NPR0.5353 VELO
50NPR2.68 VELO
100NPR5.35 VELO
500NPR26.76 VELO
1000NPR53.53 VELO
Today vs. 24 hours ago
| Amount | 22:25 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 VELO | $0.06999 | $0.06960 | +0.57% |
| 1 VELO | $0.1400 | $0.1392 | +0.57% |
| 5 VELO | $0.6999 | $0.6960 | +0.57% |
| 10 VELO | $1.4 | $1.39 | +0.57% |
| 50 VELO | $7 | $6.96 | +0.57% |
| 100 VELO | $14 | $13.92 | +0.57% |
| 500 VELO | $69.99 | $69.6 | +0.57% |
| 1000 VELO | $139.99 | $139.19 | +0.57% |
Today vs. 1 month ago
| Amount | 22:25 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 VELO | $0.06999 | $0.08146 | -14.09% |
| 1 VELO | $0.1400 | $0.1629 | -14.09% |
| 5 VELO | $0.6999 | $0.8146 | -14.09% |
| 10 VELO | $1.4 | $1.63 | -14.09% |
| 50 VELO | $7 | $8.15 | -14.09% |
| 100 VELO | $14 | $16.29 | -14.09% |
| 500 VELO | $69.99 | $81.46 | -14.09% |
| 1000 VELO | $139.99 | $162.93 | -14.09% |
Today vs. 1 year ago
| Amount | 22:25 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 VELO | $0.06999 | $0.04545 | +54.04% |
| 1 VELO | $0.1400 | $0.09090 | +54.04% |
| 5 VELO | $0.6999 | $0.4545 | +54.04% |
| 10 VELO | $1.4 | $0.9090 | +54.04% |
| 50 VELO | $7 | $4.54 | +54.04% |
| 100 VELO | $14 | $9.09 | +54.04% |
| 500 VELO | $69.99 | $45.45 | +54.04% |
| 1000 VELO | $139.99 | $90.9 | +54.04% |
Velodrome Finance price prediction
What will the price of VELO be in 2025?
Based on VELO's historical price performance prediction model, the price of VELO is projected to reach $0.1809 in 2025.
What will the price of VELO be in 2030?
In 2030, the VELO price is expected to rise by -7.00%. By the end of 2030, the VELO price is projected to reach $0.3479, with a cumulative ROI of +148.49%.
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Popular Velodrome Finance conversions
Check out these popular currency conversions of Velodrome Finance to several fiat currencies.
Velodrome Finance to USD
1 VELO to $ 0.1400 USD
Velodrome Finance to GBP
1 VELO to £ 0.1099 GBP
Velodrome Finance to EUR
1 VELO to € 0.1290 EUR
Velodrome Finance to KRW
1 VELO to ₩ 193.62 KRW
Velodrome Finance to CAD
1 VELO to $ 0.1908 CAD
Velodrome Finance to AUD
1 VELO to $ 0.2104 AUD
Velodrome Finance to JPY
1 VELO to ¥ 22.01 JPY
Velodrome Finance to BRL
1 VELO to R$ 0.7345 BRL
Velodrome Finance to CNY
1 VELO to ¥ 1.02 CNY
Velodrome Finance to TWD
1 VELO to NT$ 4.55 TWD
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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 Velodrome Finance 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 Velodrome Finance 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 Velodrome Finance 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.
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