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nioctiB to Mauritian Rupee Converter and calculator

Convert 1nioctiB (NIOCTIB) to Mauritian Rupee (MUR) equals ₨ 0.1178 | Bitget
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Last updated 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 nioctiB(NIOCTIB) to Mauritian Rupee(MUR). This is the real-time data. The current conversion shows 1 NIOCTIB at a value of 1 NIOCTIB for 0.12 MUR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

MUR information

About the Mauritian Rupee (MUR)

What Is the Mauritian Rupee (MUR)?

The Mauritian Rupee, abbreviated as MUR and often denoted by the currency sign "Rs", is the official currency of Mauritius, an island nation in the Indian Ocean. One rupee is subdivided into 100 cents. The currency symbolizes Mauritius's rich history and cultural diversity, reflecting its historical ties with India and its status as a vibrant, modern economy. The Mauritian Rupee is the sole legal tender in Mauritius, and it is used for all transactions within the country.

The Mauritian Rupee is issued by the Bank of Mauritius, which is the central bank of Mauritius. Established in September 1967, the Bank of Mauritius is responsible for the issuance and management of the country's currency, including both banknotes and coins.

What Is the History of MUR?

The Mauritian Rupee was introduced in 1876, replacing the Indian Rupee, the Mauritian Dollar, and the British Pound Sterling. This change was influenced by the influx of Indian rupees following the immigration of Indian workers to Mauritius's sugar plantations. The introduction of the Mauritian Rupee marked a significant step in the country's journey towards economic independence and identity.

Notes and Coins of MUR

Mauritian Rupee includes both coins and banknotes. Coins are available in denominations of 5, 20, 50 cents, as well as 1, 5, 10, and 20 rupees. Banknotes are issued in denominations of 25, 50, 100, 200, 500, 1,000, and 2,000 rupees. Each banknote features a portrait of a prominent Mauritian figure and a vignette depicting various aspects of Mauritius's culture and natural beauty. The banknotes also incorporate advanced security features, including watermarks, security threads, and elements visible under ultraviolet light.

Is MUR Pegged to USD?

No, the Mauritian Rupee (MUR) is not pegged to the United States Dollar (USD). The Mauritian Rupee operates on a floating exchange rate system, where its value is determined by the foreign exchange market through supply and demand relative to other currencies. This means that the exchange rate of the Mauritian Rupee against the US Dollar and other currencies can fluctuate based on various economic factors, including trade balances, inflation rates, interest rates, and overall economic conditions both within Mauritius and globally.

Can I Use MUR in India?

No, the Mauritian Rupee (MUR) is not accepted for transactions in India. In India, the official currency is the Indian Rupee (INR). While Mauritius and India share historical ties, and both countries use currencies called "rupee," their currencies are distinct and not interchangeable.

Is MUR a Stable Currency?

Historically, the Mauritian Rupee has shown fluctuations in its value against major currencies like the US Dollar, Euro, and Pound Sterling. For instance, over the past five years, it has experienced a depreciation against the US Dollar, with the exchange rate going from approximately 35 MUR/USD in early 2019 to about 45 MUR/USD as of January 2024. This trend indicates a relative instability in its value. While there have been periods of depreciation, the central bank has implemented measures to ensure liquidity and manage inflation, which have contributed to a degree of stability in the domestic economy.

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

NIOCTIB to MUR conversion rate trend

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In the past 1D, nioctiB has changed -4.70% to MUR. Based on the trend and price charts, nioctiB(NIOCTIB) has changed -4.70% to MUR while Mauritian Rupee(MUR) has changed % to NIOCTIB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₨0.1178
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/11/25 00:33:54(UTC+0)

How to buy nioctiB

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Buy nioctiB (NIOCTIB)
Use a variety of payment options to buy nioctiB on Bitget. We'll show you how.

Buy NIOCTIB (or USDT) for MUR (Mauritian Rupee) offers

Bitget P2P trading does not currently support direct buying of NIOCTIB with MUR. However, you can buy USDT in Bitget P2P trading first, and then buy NIOCTIB with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell NIOCTIB (or USDT) for MUR (Mauritian Rupee) offers

Bitget P2P trading currently does not support direct selling of NIOCTIB to MUR. However, you can first exchange NIOCTIB 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
Action
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What factors influence the conversion rate of nioctiB to Mauritian Rupee?

nioctiB to Mauritian Rupee is rising this week.
nioctiB's current market price is ₨ 0.1178 per NIOCTIB, with a total market cap of ₨ 0 MUR based on a circulating supply of -- NIOCTIB. The trading volume of nioctiB has changed by -46.08% (₨ -7,296.89 MUR) in the last 24 hours. Last trading day, NIOCTIB's trading volume was ₨ 15,836.15.
Market cap
$0
24h volume
$182.26817882
Circulating supply
0 NIOCTIB

Conversion tables

The exchange rate of nioctiB is increasing.
1 NIOCTIB is currently valued at ₨ 0.1178 MUR , which means buying 5 NIOCTIB will cost ₨ 0.5892 MUR . Similarly, ₨1 MUR can be traded for 8.49 NIOCTIB, and ₨50 MUR can be converted to 424.27 NIOCTIB, excluding any platform or gas fees.
The exchange rate of 1 NIOCTIB to Mauritian Rupee has changed by +11.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.70%, reaching a high of 0.1248 MUR and a low of 0.1178 MUR . One month ago, the value of 1 NIOCTIB was ₨ 0.1021 MUR , which represents a +15.41% change from its current value. Over the last year, nioctiB has changed by
+
0.1178MUR
, resulting in a change of -94.74% in its value.

NIOCTIB to MUR

Amount
02:07 am today
0.5 NIOCTIB
0.05892
1 NIOCTIB
0.1178
5 NIOCTIB
0.5892
10 NIOCTIB
1.18
50 NIOCTIB
5.89
100 NIOCTIB
11.78
500 NIOCTIB
58.92
1000 NIOCTIB
117.85

MUR to NIOCTIB

Amount02:07 am today
0.5MUR4.24  NIOCTIB
1MUR8.49  NIOCTIB
5MUR42.43  NIOCTIB
10MUR84.85  NIOCTIB
50MUR424.27  NIOCTIB
100MUR848.55  NIOCTIB
500MUR4,242.74  NIOCTIB
1000MUR8,485.48  NIOCTIB

Today vs. 24 hours ago

Amount02:07 am today24 hours ago24h change
0.5 NIOCTIB$0.001258$0.001320
-4.70%
1 NIOCTIB$0.002515$0.002639
-4.70%
5 NIOCTIB$0.01258$0.01320
-4.70%
10 NIOCTIB$0.02515$0.02639
-4.70%
50 NIOCTIB$0.1258$0.1320
-4.70%
100 NIOCTIB$0.2515$0.2639
-4.70%
500 NIOCTIB$1.26$1.32
-4.70%
1000 NIOCTIB$2.52$2.64
-4.70%

Today vs. 1 month ago

Amount02:07 am today1 month ago1M change
0.5 NIOCTIB$0.001258$0.001090
+15.41%
1 NIOCTIB$0.002515$0.002180
+15.41%
5 NIOCTIB$0.01258$0.01090
+15.41%
10 NIOCTIB$0.02515$0.02180
+15.41%
50 NIOCTIB$0.1258$0.1090
+15.41%
100 NIOCTIB$0.2515$0.2180
+15.41%
500 NIOCTIB$1.26$1.09
+15.41%
1000 NIOCTIB$2.52$2.18
+15.41%

Today vs. 1 year ago

Amount02:07 am today1 year ago1Y change
0.5 NIOCTIB$0.001258$0.00
-94.74%
1 NIOCTIB$0.002515$0.00
-94.74%
5 NIOCTIB$0.01258$0.00
-94.74%
10 NIOCTIB$0.02515$0.00
-94.74%
50 NIOCTIB$0.1258$0.00
-94.74%
100 NIOCTIB$0.2515$0.00
-94.74%
500 NIOCTIB$1.26$0.00
-94.74%
1000 NIOCTIB$2.52$0.00
-94.74%

nioctiB price prediction

What will the price of NIOCTIB be in 2025?

Based on NIOCTIB's historical price performance prediction model, the price of NIOCTIB is projected to reach $0.01056 in 2025.

What will the price of NIOCTIB be in 2030?

In 2030, the NIOCTIB price is expected to change by -9.00%. By the end of 2030, the NIOCTIB price is projected to reach $0.01908, with a cumulative ROI of +635.30%.

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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 nioctiB and MUR.

How accurate is a cryptocurrency calculator?

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