


MKD 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.
GORA to MKD conversion rate trend
GORA to MKD market statistics
More info about Gora Network on Bitget
Current GORA to MKD exchange rate
Gora Network to Nepalese Rupee is rising this week.GORA to MKD Conversion tables
The exchange rate of Gora Network is decreasing.GORA to MKD
MKD to GORA
GORA to MKD Today vs. 24 hours ago
Amount | 12:24 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 GORA | ден0.8959 | ден0.8605 | +4.11% |
1 GORA | ден1.79 | ден1.72 | +4.11% |
5 GORA | ден8.96 | ден8.61 | +4.11% |
10 GORA | ден17.92 | ден17.21 | +4.11% |
50 GORA | ден89.59 | ден86.05 | +4.11% |
100 GORA | ден179.17 | ден172.1 | +4.11% |
500 GORA | ден895.86 | ден860.5 | +4.11% |
1000 GORA | ден1,791.72 | ден1,721 | +4.11% |
GORA to MKD Today vs. 1 month ago
Amount | 12:24 today | 1 month ago | 1M change |
---|---|---|---|
0.5 GORA | ден0.8959 | ден1.1 | -18.34% |
1 GORA | ден1.79 | ден2.19 | -18.34% |
5 GORA | ден8.96 | ден10.97 | -18.34% |
10 GORA | ден17.92 | ден21.94 | -18.34% |
50 GORA | ден89.59 | ден109.7 | -18.34% |
100 GORA | ден179.17 | ден219.4 | -18.34% |
500 GORA | ден895.86 | ден1,097.02 | -18.34% |
1000 GORA | ден1,791.72 | ден2,194.04 | -18.34% |
GORA to MKD Today vs. 1 year ago
Amount | 12:24 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 GORA | ден0.8959 | ден13.15 | -93.19% |
1 GORA | ден1.79 | ден26.3 | -93.19% |
5 GORA | ден8.96 | ден131.5 | -93.19% |
10 GORA | ден17.92 | ден263 | -93.19% |
50 GORA | ден89.59 | ден1,315 | -93.19% |
100 GORA | ден179.17 | ден2,629.99 | -93.19% |
500 GORA | ден895.86 | ден13,149.95 | -93.19% |
1000 GORA | ден1,791.72 | ден26,299.91 | -93.19% |
How to convert GORA to MKD



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