BARS to NPR Converter and calculator


Conversion rates
Convert BARS to NPR
Convert NPR to BARS
BARS to NPR chart
BARS to NPR conversion data: Volatility and price changes of Banksters Token in NPR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.06155 NPR | 0.06162 NPR | 0.07025 NPR | 0.1003 NPR |
Low | 0.05639 NPR | 0.05639 NPR | 0.05514 NPR | 0.04255 NPR |
Average | 0 NPR | 0 NPR | 0 NPR | 0 NPR |
Volatility | % | % | % | % |
Change | +0.92% | -1.46% | +4.18% | +11.66% |
Banksters Token information
BARS to NPR market statistics
Current BARS to NPR exchange rate
Banksters Token to Nepalese Rupee is falling this week.More info about Banksters Token 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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BARS to NPR Conversion tables
Amount | 01:13 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BARS | ₨0.02984 | ₨0.02957 | +0.92% |
1 BARS | ₨0.05968 | ₨0.05913 | +0.92% |
5 BARS | ₨0.2984 | ₨0.2957 | +0.92% |
10 BARS | ₨0.5968 | ₨0.5913 | +0.92% |
50 BARS | ₨2.98 | ₨2.96 | +0.92% |
100 BARS | ₨5.97 | ₨5.91 | +0.92% |
500 BARS | ₨29.84 | ₨29.57 | +0.92% |
1000 BARS | ₨59.68 | ₨59.13 | +0.92% |
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