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FPI to INR Converter and calculator

FPI/INR: 1 FPI = 96.8 INR. The price of converting 1 Frax Price Index (FPI) to Indian Rupee (INR) is 96.8 INR today.
FPI
FPI
INR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FPI to INR real-time exchange rates, making it easy to convert Frax Price Index (FPI) to Indian Rupee (INR). The conversion result is based on real-time data. The conversion result shows that 1 FPI is currently valued at 96.80 INR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FPI is currently valued at 96.80 INR, which means buying 5 FPI would cost 483.99 INR. Similarly, ₹1 INR can be converted to 0.01033 FPI, and ₹50 INR can be converted to 0.05165 FPI, excluding any platform or gas fees.

Convert FPI to INR

Convert INR to FPI

Frax Price Index
Indian Rupee
100 FPI
9,679.88  INR
200 FPI
19,359.76  INR
500 FPI
48,399.4  INR
1000 FPI
96,798.8  INR
5000 FPI
483,993.98  INR
10000 FPI
967,987.95  INR
In the table above, you'll find a comprehensive FPI to INR converter that shows the value of Frax Price Index in Indian Rupee across commonly used conversion amounts. The list covers conversions from 1 FPI to INR, all the way up to 10000 FPI, providing a clear view of their respective values.
Indian Rupee
Frax Price Index
100000 INR
1,033.07 FPI
In the table above, you'll find a comprehensive INR to FPI converter that shows the value of Indian Rupee in Frax Price Index across commonly used conversion amounts. The list covers conversions from 1 INR to FPI, all the way up to 100000 INR, providing a clear view of their respective values.

FPI to INR chart

FPI/INR: 1 FPI = 96.8 INR; 2025/04/29 16:49:43
In the past 1D, Frax Price Index has changed +0.01% to INR. Based on the trend and price charts, Frax Price Index(FPI) has changed +0.01% to INR while Indian Rupee(INR) has changed % to FPI in the last 24 hours.
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FPI to INR conversion data: Volatility and price changes of Frax Price Index in INR

The highest Frax Price Index price in INR over the past 7 days was 96.89 INR while the lowest Frax Price Index price in INR over the past 7 days was 96.69 INR. The relative change between the highs and lows in Frax Price Index price in INR over the last 7 days indicates a volatility of %. You can view additional volatility data and FPI 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
96.89 INR
96.89 INR
96.89 INR
96.89 INR
Low
96.77 INR
96.69 INR
96.66 INR
95.86 INR
Average
0 INR
0 INR
0 INR
0 INR
Volatility
%
%
%
%
Change
+0.01%
+0.00%
+0.09%
+0.95%

Frax Price Index information

FPI to INR market statistics

FPI/INR:
₹96.8
FPI 24h volume:
--
FPI market cap:
--
FPI circulating supply:
0 FPI

Current FPI to INR exchange rate

Frax Price Index to Indian Rupee is rising this week.
Frax Price Index's current market price is ₹96.8 per FPI, with a total market cap of ₹0 INR based on a circulating supply of -- FPI. The trading volume of Frax Price Index has changed by 0.00% (₹0 INR) in the last 24 hours. Last trading day, FPI's trading volume was ₹0.

More info about Frax Price Index 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 Frax Price Index currency pair is the FPI to INR, with for Frax Price Index's currency code being FPI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for INR.

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How to convert FPI to INR

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FPI to INR Conversion tables

The exchange rate of Frax Price Index is increasing.
The exchange rate of 1 FPI to Indian Rupee has changed by +0.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.01%, reaching a high of 96.89 INR and a low of 96.77 INR . One month ago, the value of 1 FPI was ₹96.71 INR , which represents a +0.09% change from its current value. Over the last year, Frax Price Index has changed by
+
2.3INR
, resulting in a change of +2.44% in its value.
24 hours ago1 month ago1 year ago
Amount16:49 today24 hours ago24h change
0.5 FPI₹48.4₹48.4
+0.01%
1 FPI₹96.8₹96.79
+0.01%
5 FPI₹483.99₹483.97
+0.01%
10 FPI₹967.99₹967.94
+0.01%
50 FPI₹4,839.94₹4,839.69
+0.01%
100 FPI₹9,679.88₹9,679.37
+0.01%
500 FPI₹48,399.4₹48,396.87
+0.01%
1000 FPI₹96,798.8₹96,793.74
+0.01%

FPI to INR FAQ

How much is 1 Frax Price Index in INR?
Right now, the price of 1 Frax Price Index (FPI) in Indian Rupee (INR) is ₹96.8.
How much FPI can I buy for 1 INR?
Based on the current exchange rate, you can get 0.01033 FPI for 1 INR.
How do I calculate or convert FPI to INR?
You can use our FPI to INR calculator at the top of this page to convert any amount of FPI to INR. We've also included quick-reference tables for the most popular conversions. For example, 5 INR is equivalent to 0.05165 FPI, while 5 FPI will cost around 483.99INR.
What is the highest price of FPI/INR in history?
The all-time high price of 1 FPI in INR is ₹110.88. It remains to be seen if the value of 1 FPI/INR will exceed the current all-time high.
What is the price trend of Frax Price Index in INR?
Over the past 7 days, the exchange rate of Frax Price Index (FPI) has gone up by 0.00%.   Over the last month, the exchange rate of Frax Price Index (FPI) has gone up by 0.09% against Indian Rupee (INR).

What factors influence the conversion rate of FPI to INR?

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

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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.