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Oobit to Pakistani Rupee Converter and calculator

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Convert 1Oobit (OBT) to Pakistani Rupee (KRW) equals ₩ 22.49 | 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 Oobit(OBT) to Pakistani Rupee(KRW). This is the real-time data. The current conversion shows 1 OBT at a value of 1 OBT for 22.49 KRW . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

KRW information

About the Pakistani Rupee (PKR)

What Is the Pakistani Rupee (PKR)?

The Pakistani Rupee, with the ISO code PKR, is the official currency of the Islamic Republic of Pakistan. It was officially adopted in 1949, taking over from the Indian Rupee post-partition. The currency is symbolized as Rs and is subdivided into 100 paise, although paise coins are no longer in active circulation. The Pakistani Rupee is the sole legal tender in Pakistan, and it is used for all transactions within the country.

The Pakistani Rupee is issued by the State Bank of Pakistan, which is the central bank of the country. The State Bank of Pakistan is responsible for the regulation and control of the currency, including its issuance, distribution, and monetary policy management. This role includes ensuring the stability of the currency, managing Pakistan's foreign exchange reserves, and overseeing the country's banking system

What Is the History of PKR?

The term "Rupee" is derived from the Sanskrit word "Rūpya," meaning a coin of silver. The Pakistani Rupee has its roots in the currency introduced by Sher Shah Suri in the 16th century. It was officially adopted in 1949, following the partition of British India and the creation of Pakistan. Before this, the currency in circulation was the Indian Rupee, issued and controlled by the Reserve Bank of India.

Notes and Coins of PKR

The first coins in Pakistan were introduced in 1948 in various denominations, ranging from 1 pice to 1 rupee. Over the years, the coinage has evolved, with the latest additions being the Rs. 5 and Rs. 10 coins. Banknotes have also seen significant changes, with the current series featuring denominations from Rs. 5 to Rs. 5,000. These notes are distinct in their color and size, with larger denominations being longer. All banknotes feature a portrait of Muhammad Ali Jinnah on the obverse.

Economic Significance and Exchange Rate

The Pakistani Rupee is a fiat currency, meaning its value isn't backed by physical commodities but by the government's declaration. Historically, the rupee was pegged to the British pound and later operated under a managed float system. This shift led to significant devaluation in the 1980s, impacting the import of raw materials and the broader economy.

In recent years, the PKR has faced challenges, including a sharp devaluation in 2021 due to political instability and economic pressures. However, as of late 2023, it has shown signs of recovery, becoming one of the best-performing currencies against the US dollar.

Do Pakistan and India use the same currency?

No, Pakistan and India do not use the same currency. Pakistan uses the Pakistani Rupee (PKR), while India uses the Indian Rupee (INR). Although both currencies share a common historical origin and are both named "rupee," they are distinct and separate currencies managed by their respective countries. The Pakistani Rupee is managed by the State Bank of Pakistan, and the Indian Rupee is managed by the Reserve Bank of India. The two currencies have different values and are not interchangeable.

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

OBT to KRW conversion rate trend

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In the past 1D, Oobit has changed +0.04% to KRW. Based on the trend and price charts, Oobit(OBT) has changed +0.04% to KRW while Pakistani Rupee(KRW) has changed % to OBT in the last 24 hours.

OBT to KRW market statistics

OBT/KRW:
₩ 22.49
OBT 24h volume:
₩ 182,330,887.78
OBT market cap:
₩ 22,490,429,122.27
OBT circulating supply:
1.00B OBT

Current OBT to KRW exchange rate

Oobit to Pakistani Rupee is rising this week.
Oobit's current market price is ₩ 22.49 per OBT, with a total market cap of ₩ 22,490,429,122.27 KRW based on a circulating supply of 1,000,000,000 OBT. The trading volume of Oobit has changed by -0.74% (₩ -1,363,378.85 KRW) in the last 24 hours. Last trading day, OBT's trading volume was ₩ 183,694,266.63.

OBT to KRW Conversion tables

The exchange rate of Oobit is decreasing.
1 OBT is currently valued at ₩ 22.49 KRW , which means buying 5 OBT will cost ₩ 112.45 KRW . Similarly, ₩1 KRW can be traded for 0.04446 OBT, and ₩50 KRW can be converted to 2.22 OBT, excluding any platform or gas fees.
The exchange rate of 1 OBT to Pakistani Rupee has changed by +11.88% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.04%, reaching a high of 22.78 KRW and a low of 22.21 KRW . One month ago, the value of 1 OBT was ₩ 27.95 KRW , which represents a -19.54% change from its current value. Over the last year, Oobit has changed by
-
44.96KRW
, resulting in a change of -66.65% in its value.

OBT to KRW

Amount
14:01 today
0.5 OBT
11.25
1 OBT
22.49
5 OBT
112.45
10 OBT
224.9
50 OBT
1,124.52
100 OBT
2,249.04
500 OBT
11,245.22
1000 OBT
22,490.43

KRW to OBT

Amount14:01 today
0.5KRW0.02223  OBT
1KRW0.04446  OBT
5KRW0.2223  OBT
10KRW0.4446  OBT
50KRW2.22  OBT
100KRW4.45  OBT
500KRW22.23  OBT
1000KRW44.46  OBT
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OBT to KRW Today vs. 24 hours ago

Amount14:01 today24 hours ago24h change
0.5 OBT₩11.25₩11.24
+0.04%
1 OBT₩22.49₩22.48
+0.04%
5 OBT₩112.45₩112.41
+0.04%
10 OBT₩224.9₩224.82
+0.04%
50 OBT₩1,124.52₩1,124.08
+0.04%
100 OBT₩2,249.04₩2,248.15
+0.04%
500 OBT₩11,245.22₩11,240.75
+0.04%
1000 OBT₩22,490.43₩22,481.51
+0.04%

OBT to KRW Today vs. 1 month ago

Amount14:01 today1 month ago1M change
0.5 OBT₩11.25₩13.98
-19.54%
1 OBT₩22.49₩27.95
-19.54%
5 OBT₩112.45₩139.77
-19.54%
10 OBT₩224.9₩279.54
-19.54%
50 OBT₩1,124.52₩1,397.68
-19.54%
100 OBT₩2,249.04₩2,795.37
-19.54%
500 OBT₩11,245.22₩13,976.84
-19.54%
1000 OBT₩22,490.43₩27,953.68
-19.54%

OBT to KRW Today vs. 1 year ago

Amount14:01 today1 year ago1Y change
0.5 OBT₩11.25₩33.73
-66.65%
1 OBT₩22.49₩67.45
-66.65%
5 OBT₩112.45₩337.26
-66.65%
10 OBT₩224.9₩674.52
-66.65%
50 OBT₩1,124.52₩3,372.61
-66.65%
100 OBT₩2,249.04₩6,745.23
-66.65%
500 OBT₩11,245.22₩33,726.13
-66.65%
1000 OBT₩22,490.43₩67,452.25
-66.65%

How to convert OBT to KRW

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Buy OBT (or USDT) for KRW (South Korean Won) offers

Bitget P2P trading does not currently support direct buying of OBT with KRW. However, you can buy USDT in Bitget P2P trading first, and then buy OBT with USDT via Bitget spot market.
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Sell OBT (or USDT) for KRW (South Korean Won) offers

Bitget P2P trading currently does not support direct selling of OBT to KRW. However, you can first exchange OBT 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
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What factors influence the conversion rate of OBT to KRW?

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

Oobit Price Prediction

What will the price of OBT be in 2026?

Based on OBT's historical price performance prediction model, the price of OBT is projected to reach $0.01650 in 2026.

What will the price of OBT be in 2031?

In 2031, the OBT price is expected to change by -4.00%. By the end of 2031, the OBT price is projected to reach $0.01454, with a cumulative ROI of -8.55%.

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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 Oobit and KRW.

How accurate is a cryptocurrency calculator?

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