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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.91%
BTC/USDT$83839.00 (-0.97%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.91%
BTC/USDT$83839.00 (-0.97%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
HMX
NPR
Last updated as of 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 Hermes DAO(HMX) to Nepalese Rupee(NPR). This is the real-time data. The current conversion shows 1 HMX at a value of 1 HMX for 0.05 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 Hermes DAO currency pair is the HMX to NPR, with for Hermes DAO's currency code being HMX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NPR.
HMX to NPR conversion rate trend
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In the past 1D, Hermes DAO has changed -27.43% to NPR. Based on the trend and price charts, Hermes DAO(HMX) has changed -27.43% to NPR while Nepalese Rupee(NPR) has changed % to HMX in the last 24 hours.
HMX to NPR market statistics
HMX/NPR:
₨ 0.04671
HMX 24h volume:
₨ 3,249.01
HMX market cap:
--
HMX circulating supply:
0 HMX
More info about Hermes DAO on Bitget
Current HMX to NPR exchange rate
Hermes DAO to Nepalese Rupee is falling this week.Hermes DAO's current market price is ₨ 0.04671 per HMX, with a total market cap of ₨ 0 NPR based on a circulating supply of -- HMX. The trading volume of Hermes DAO has changed by +55.12% (₨ 1,154.43 NPR) in the last 24 hours. Last trading day, HMX's trading volume was ₨ 2,094.58.
HMX to NPR Conversion tables
The exchange rate of Hermes DAO is decreasing.1 HMX is currently valued at ₨ 0.04671 NPR , which means buying 5 HMX will cost ₨ 0.2336 NPR . Similarly, ₨1 NPR can be traded for 21.41 HMX, and ₨50 NPR can be converted to 1,070.37 HMX, excluding any platform or gas fees.
The exchange rate of 1 HMX to Nepalese Rupee has changed by -19.35% in the last 7 days. In the last 24 hours, the rate has fluctuated by -27.43%, reaching a high of 0.09735 NPR and a low of 0.03805 NPR . One month ago, the value of 1 HMX was ₨ 0.05021 NPR , which represents a -6.97% change from its current value. Over the last year, Hermes DAO has changed by , resulting in a change of -89.64% in its value.
-₨
0.4044NPRHMX to NPR
Amount
09:56 am today
0.5 HMX
₨0.02336
1 HMX
₨0.04671
5 HMX
₨0.2336
10 HMX
₨0.4671
50 HMX
₨2.34
100 HMX
₨4.67
500 HMX
₨23.36
1000 HMX
₨46.71
NPR to HMX
Amount09:56 am today
0.5NPR10.7 HMX
1NPR21.41 HMX
5NPR107.04 HMX
10NPR214.07 HMX
50NPR1,070.37 HMX
100NPR2,140.74 HMX
500NPR10,703.69 HMX
1000NPR21,407.38 HMX
HMX to NPR Today vs. 24 hours ago
| Amount | 09:56 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 HMX | ₨0.02336 | ₨0.03219 | -27.43% |
| 1 HMX | ₨0.04671 | ₨0.06437 | -27.43% |
| 5 HMX | ₨0.2336 | ₨0.3219 | -27.43% |
| 10 HMX | ₨0.4671 | ₨0.6437 | -27.43% |
| 50 HMX | ₨2.34 | ₨3.22 | -27.43% |
| 100 HMX | ₨4.67 | ₨6.44 | -27.43% |
| 500 HMX | ₨23.36 | ₨32.19 | -27.43% |
| 1000 HMX | ₨46.71 | ₨64.37 | -27.43% |
HMX to NPR Today vs. 1 month ago
| Amount | 09:56 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 HMX | ₨0.02336 | ₨0.02511 | -6.97% |
| 1 HMX | ₨0.04671 | ₨0.05021 | -6.97% |
| 5 HMX | ₨0.2336 | ₨0.2511 | -6.97% |
| 10 HMX | ₨0.4671 | ₨0.5021 | -6.97% |
| 50 HMX | ₨2.34 | ₨2.51 | -6.97% |
| 100 HMX | ₨4.67 | ₨5.02 | -6.97% |
| 500 HMX | ₨23.36 | ₨25.11 | -6.97% |
| 1000 HMX | ₨46.71 | ₨50.21 | -6.97% |
HMX to NPR Today vs. 1 year ago
| Amount | 09:56 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 HMX | ₨0.02336 | ₨0.2255 | -89.64% |
| 1 HMX | ₨0.04671 | ₨0.4511 | -89.64% |
| 5 HMX | ₨0.2336 | ₨2.26 | -89.64% |
| 10 HMX | ₨0.4671 | ₨4.51 | -89.64% |
| 50 HMX | ₨2.34 | ₨22.55 | -89.64% |
| 100 HMX | ₨4.67 | ₨45.11 | -89.64% |
| 500 HMX | ₨23.36 | ₨225.53 | -89.64% |
| 1000 HMX | ₨46.71 | ₨451.06 | -89.64% |
How to convert HMX to NPR
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert HMX to NPR
Use a variety of payment options to buy Hermes DAO on Bitget. We'll show you how.
Buy HMX (or USDT) for NPR (Nepalese Rupee) offers
Bitget P2P trading does not currently support direct buying of HMX with NPR. However, you can buy USDT in Bitget P2P trading first, and then buy HMX 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 HMX (or USDT) for NPR (Nepalese Rupee) offers
Bitget P2P trading currently does not support direct selling of HMX to NPR. However, you can first exchange HMX 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 HMX to NPR?
There are many factors that affect the relationship between Hermes DAO and Nepalese 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 HMX/NPR. When there is positive news in the market about the widespread adoption of HMX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of HMX/NPR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in HMX/NPR.
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.
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 HMX/NPR. 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 Hermes DAO and adjust their investment strategies accordingly in the evolving market.
Hermes DAO price prediction
What will the price of HMX be in 2026?
Based on HMX's historical price performance prediction model, the price of HMX is projected to reach $0.0003256 in 2026.
What will the price of HMX be in 2031?
In 2031, the HMX price is expected to change by +32.00%. By the end of 2031, the HMX price is projected to reach $0.0007507, with a cumulative ROI of +121.77%.
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Popular Hermes DAO Converter
Check out these popular currency conversions of Hermes DAO to several fiat currencies.
HMX to TWD
1 HMX to NT$ 0.01135 TWD
HMX to CNY
1 HMX to ¥ 0.002492 CNY
HMX to USD
1 HMX to $ 0.0003420 USD
HMX to EUR
1 HMX to € 0.0003121 EUR
HMX to CAD
1 HMX to $ 0.0004867 CAD
HMX to KRW
1 HMX to ₩ 0.4992 KRW
HMX to NPR
1 HMX to ₨ 0.04671 NPR
HMX to JPY
1 HMX to ¥ 0.05027 JPY
HMX to GBP
1 HMX to £ 0.0002654 GBP
HMX to BRL
1 HMX to R$ 0.001998 BRL
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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 Hermes DAO 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 Hermes DAO 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 Hermes DAO 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.
