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Gracy to Colombian Peso Converter and calculator

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Convert 1Gracy (GRACY) to Colombian Peso (NIO) equals C$ 0.7055 | Bitget
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Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Gracy(GRACY) to Colombian Peso(NIO). This is the real-time data. The current conversion shows 1 GRACY at a value of 1 GRACY for 0.71 NIO . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

NIO information

About the Colombian Peso (COP)

What Is the Colombian Peso (COP)?

The Colombian Peso (COP), symbolized as $ and sometimes referred to as COL$, is the official currency of Colombia. It's divided into 100 centavos, although the smallest denomination commonly used is the 50 pesos coin due to the low value of the currency. The Colombian Peso is the sole legal tender in Colombia, and it is used for all transactions within the country.

The Colombian Peso (COP) is issued by the central bank of Colombia, known as "Banco de la República." This institution is responsible for regulating and maintaining the stability of the Colombian currency, as well as implementing the country's monetary policy.

What Is the History of COP?

The Colombian Peso was introduced in 1810, replacing the Spanish real, which was the currency during the colonial era. Initially, the peso was pegged to the real at a rate of 8 reals to 1 peso. In 1837, Colombia decimalized its currency, and the peso was subdivided into ten reales, each of 10 décimos de reales, later centavos. In the early 20th century, the peso was pegged to the British pound sterling but shifted its peg to the US dollar in 1931 when the UK abandoned the gold standard. The peg to USD lasted until 1949, influenced by Colombia's inflation.

Notes and Coins of COP

Colombian Peso (COP) comprises a variety of coins and banknotes, each with distinct values and designs. Coins in circulation include denominations of 50, 100, 200, 500, and 1,000 pesos. Colombian banknotes are issued in denominations of 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, and 100,000 pesos. Notably, the 50,000 peso banknote features vertical imagery, a unique aspect compared to other global currencies.

Is COP Pegged to USD?

The Colombian Peso (COP) is not pegged to the United States Dollar (USD). Instead, it operates under a floating exchange rate system. In a floating exchange rate system, the value of the currency is determined by market forces, such as supply and demand in the foreign exchange market.

Historically, the Colombian Peso was pegged to the USD. This peg was established in 1931 when Colombia shifted from the gold standard and pegged its currency to the USD at a rate of 1.05 pesos to 1 dollar. However, this peg was abandoned in 1949 due to inflationary pressures in Colombia.

Is COP a Stable Currency?

The Colombian Peso (COP) exhibits characteristics of both stability and volatility, influenced by various economic factors. While Colombia has experienced periods of economic growth, with its GDP growth rate reaching nearly 7% in recent years, the COP has also faced fluctuations due to global market dynamics and internal economic challenges. For instance, the exchange rate of COP to USD has seen notable variations. In the early 2000s, the exchange rate hovered around 2,000 COP to 1 USD, but by the end of 2020, it had depreciated to approximately 3,500 COP to 1 USD. This depreciation reflects the impact of external factors like global oil prices and internal issues such as inflation and political uncertainty.

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Bitget crypto-to-fiat exchange data shows that the most popular Gracy currency pair is the GRACY to NIO, with for Gracy's currency code being GRACY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NIO.

GRACY to NIO conversion rate trend

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In the past 1D, Gracy has changed -0.87% to NIO. Based on the trend and price charts, Gracy(GRACY) has changed -0.87% to NIO while Colombian Peso(NIO) has changed % to GRACY in the last 24 hours.

GRACY to NIO market statistics

GRACY/NIO:
C$ 0.7055
GRACY 24h volume:
C$ 474,147.57
GRACY market cap:
C$ 110,290,290.36
GRACY circulating supply:
156.33M GRACY

Current GRACY to NIO exchange rate

Gracy to Colombian Peso is rising this week.
Gracy's current market price is C$ 0.7055 per GRACY, with a total market cap of C$ 110,290,290.36 NIO based on a circulating supply of 156,333,380 GRACY. The trading volume of Gracy has changed by -61.06% (C$ -743,473.09 NIO) in the last 24 hours. Last trading day, GRACY's trading volume was C$ 1,217,620.66.

GRACY to NIO Conversion tables

The exchange rate of Gracy is decreasing.
1 GRACY is currently valued at C$ 0.7055 NIO , which means buying 5 GRACY will cost C$ 3.53 NIO . Similarly, C$1 NIO can be traded for 1.42 GRACY, and C$50 NIO can be converted to 70.87 GRACY, excluding any platform or gas fees.
The exchange rate of 1 GRACY to Colombian Peso has changed by +0.87% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.87%, reaching a high of 0.7120 NIO and a low of 0.6792 NIO . One month ago, the value of 1 GRACY was C$ 0.7600 NIO , which represents a -7.17% change from its current value. Over the last year, Gracy has changed by
-C$
1.22NIO
, resulting in a change of -63.33% in its value.

GRACY to NIO

Amount
23:02 today
0.5 GRACY
C$0.3527
1 GRACY
C$0.7055
5 GRACY
C$3.53
10 GRACY
C$7.05
50 GRACY
C$35.27
100 GRACY
C$70.55
500 GRACY
C$352.74
1000 GRACY
C$705.48

NIO to GRACY

Amount23:02 today
0.5NIO0.7087  GRACY
1NIO1.42  GRACY
5NIO7.09  GRACY
10NIO14.17  GRACY
50NIO70.87  GRACY
100NIO141.75  GRACY
500NIO708.74  GRACY
1000NIO1,417.47  GRACY
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GRACY to NIO Today vs. 24 hours ago

Amount23:02 today24 hours ago24h change
0.5 GRACYC$0.3527C$0.3559
-0.87%
1 GRACYC$0.7055C$0.7117
-0.87%
5 GRACYC$3.53C$3.56
-0.87%
10 GRACYC$7.05C$7.12
-0.87%
50 GRACYC$35.27C$35.59
-0.87%
100 GRACYC$70.55C$71.17
-0.87%
500 GRACYC$352.74C$355.85
-0.87%
1000 GRACYC$705.48C$711.7
-0.87%

GRACY to NIO Today vs. 1 month ago

Amount23:02 today1 month ago1M change
0.5 GRACYC$0.3527C$0.3800
-7.17%
1 GRACYC$0.7055C$0.7600
-7.17%
5 GRACYC$3.53C$3.8
-7.17%
10 GRACYC$7.05C$7.6
-7.17%
50 GRACYC$35.27C$38
-7.17%
100 GRACYC$70.55C$76
-7.17%
500 GRACYC$352.74C$380
-7.17%
1000 GRACYC$705.48C$760
-7.17%

GRACY to NIO Today vs. 1 year ago

Amount23:02 today1 year ago1Y change
0.5 GRACYC$0.3527C$0.9620
-63.33%
1 GRACYC$0.7055C$1.92
-63.33%
5 GRACYC$3.53C$9.62
-63.33%
10 GRACYC$7.05C$19.24
-63.33%
50 GRACYC$35.27C$96.2
-63.33%
100 GRACYC$70.55C$192.4
-63.33%
500 GRACYC$352.74C$962.02
-63.33%
1000 GRACYC$705.48C$1,924.03
-63.33%

How to convert GRACY to NIO

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Buy GRACY (or USDT) for NIO (Nicaraguan Córdoba) offers

Bitget P2P trading does not currently support direct buying of GRACY with NIO. However, you can buy USDT in Bitget P2P trading first, and then buy GRACY with USDT via Bitget spot market.
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Sell GRACY (or USDT) for NIO (Nicaraguan Córdoba) offers

Bitget P2P trading currently does not support direct selling of GRACY to NIO. However, you can first exchange GRACY for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of GRACY to NIO?

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

Gracy Price Prediction

What will the price of GRACY be in 2026?

Based on GRACY's historical price performance prediction model, the price of GRACY is projected to reach $0.02366 in 2026.

What will the price of GRACY be in 2031?

In 2031, the GRACY price is expected to change by +46.00%. By the end of 2031, the GRACY price is projected to reach $0.07666, with a cumulative ROI of +303.44%.

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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 Gracy and NIO.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Gracy and NIO. 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 Gracy in NIO, 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.