BLY to NPR Converter and calculator


Conversion rates
Convert BLY to NPR
Convert NPR to BLY
BLY to NPR chart
BLY to NPR conversion data: Volatility and price changes of Blocery in NPR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.5986 NPR | 0.6275 NPR | 0.7990 NPR | 0.7990 NPR |
Low | 0.5629 NPR | 0.5594 NPR | 0.5594 NPR | 0.4909 NPR |
Average | 0 NPR | 0 NPR | 0 NPR | 0 NPR |
Volatility | % | % | % | % |
Change | +4.69% | -7.39% | -4.15% | -3.61% |
Blocery information
BLY to NPR market statistics
Current BLY to NPR exchange rate
Blocery to Nepalese Rupee is falling this week.More info about Blocery on Bitget
Nepalese Rupee 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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BLY to NPR Conversion tables
Amount | 10:44 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BLY | ₨0.2959 | ₨0.2826 | +4.69% |
1 BLY | ₨0.5917 | ₨0.5652 | +4.69% |
5 BLY | ₨2.96 | ₨2.83 | +4.69% |
10 BLY | ₨5.92 | ₨5.65 | +4.69% |
50 BLY | ₨29.59 | ₨28.26 | +4.69% |
100 BLY | ₨59.17 | ₨56.52 | +4.69% |
500 BLY | ₨295.86 | ₨282.58 | +4.69% |
1000 BLY | ₨591.72 | ₨565.16 | +4.69% |
BLY to NPR FAQ
What factors influence the conversion rate of BLY to NPR?
Popular exchange rates — Crypto-to-Fiat converter
The price of Blocery in the US is $0.004267 USD. Additionally, Blocery’s price is €0.003679 EUR in the eurozone, £0.003136 GBP in the UK, C$0.005851 CAD in Canada, ₹0.3669 INR in India, ₨1.21 PKR in Pakistan, R$0.02349 BRL in Brazil, and more.
The most popular Blocery currency pair is the BLY to Nepalese Rupee(NPR). The price of 1 Blocery (BLY) in Nepalese Rupee (NPR) is ₨0.5917.
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