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base info Vara Network

Vara Network to Mauritian Rupee Converter and calculator

Convert 1Vara Network (VARA) to Mauritian Rupee (MUR) equals ₨ 1.25 | 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 Vara Network(VARA) to Mauritian Rupee(MUR). This is the real-time data. The current conversion shows 1 VARA at a value of 1 VARA for 1.25 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 Vara Network currency pair is the VARA to MUR, with for Vara Network's currency code being VARA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MUR.

VARA to MUR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Vara Network has changed -10.88% to MUR. Based on the trend and price charts, Vara Network(VARA) has changed -10.88% to MUR while Mauritian Rupee(MUR) has changed % to VARA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₨1.24
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
₨1.25
0.1000% / 0.1000%
Yes
Last updated 2024/11/19 08:00:13(UTC+0)

How to buy Vara Network

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Vara Network (VARA)
Use a variety of payment options to buy Vara Network on Bitget. We'll show you how.

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

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

Bitget P2P trading currently does not support direct selling of VARA to MUR. However, you can first exchange VARA 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 Vara Network to Mauritian Rupee?

Vara Network to Mauritian Rupee is rising this week.
Vara Network's current market price is ₨ 1.25 per VARA, with a total market cap of ₨ 789,610,398.03 MUR based on a circulating supply of 632,556,100 VARA. The trading volume of Vara Network has changed by -73.80% (₨ -422,382,713.15 MUR) in the last 24 hours. Last trading day, VARA's trading volume was ₨ 572,333,524.14.
Market cap
$17.06M
24h volume
$3.24M
Circulating supply
632.56M VARA

Conversion tables

The exchange rate of Vara Network is increasing.
1 VARA is currently valued at ₨ 1.25 MUR , which means buying 5 VARA will cost ₨ 6.24 MUR . Similarly, ₨1 MUR can be traded for 0.8011 VARA, and ₨50 MUR can be converted to 40.05 VARA, excluding any platform or gas fees.
The exchange rate of 1 VARA to Mauritian Rupee has changed by +32.85% in the last 7 days. In the last 24 hours, the rate has fluctuated by -10.88%, reaching a high of 1.41 MUR and a low of 1.13 MUR . One month ago, the value of 1 VARA was ₨ 0.8998 MUR , which represents a +38.73% change from its current value. Over the last year, Vara Network has changed by
-
1.81MUR
, resulting in a change of -59.24% in its value.

VARA to MUR

Amount
11:39 am today
0.5 VARA
0.6241
1 VARA
1.25
5 VARA
6.24
10 VARA
12.48
50 VARA
62.41
100 VARA
124.83
500 VARA
624.14
1000 VARA
1,248.29

MUR to VARA

Amount11:39 am today
0.5MUR0.4005  VARA
1MUR0.8011  VARA
5MUR4.01  VARA
10MUR8.01  VARA
50MUR40.05  VARA
100MUR80.11  VARA
500MUR400.55  VARA
1000MUR801.1  VARA

Today vs. 24 hours ago

Amount11:39 am today24 hours ago24h change
0.5 VARA$0.01349$0.01513
-10.88%
1 VARA$0.02697$0.03026
-10.88%
5 VARA$0.1349$0.1513
-10.88%
10 VARA$0.2697$0.3026
-10.88%
50 VARA$1.35$1.51
-10.88%
100 VARA$2.7$3.03
-10.88%
500 VARA$13.49$15.13
-10.88%
1000 VARA$26.97$30.26
-10.88%

Today vs. 1 month ago

Amount11:39 am today1 month ago1M change
0.5 VARA$0.01349$0.009721
+38.73%
1 VARA$0.02697$0.01944
+38.73%
5 VARA$0.1349$0.09721
+38.73%
10 VARA$0.2697$0.1944
+38.73%
50 VARA$1.35$0.9721
+38.73%
100 VARA$2.7$1.94
+38.73%
500 VARA$13.49$9.72
+38.73%
1000 VARA$26.97$19.44
+38.73%

Today vs. 1 year ago

Amount11:39 am today1 year ago1Y change
0.5 VARA$0.01349$0.03309
-59.24%
1 VARA$0.02697$0.06618
-59.24%
5 VARA$0.1349$0.3309
-59.24%
10 VARA$0.2697$0.6618
-59.24%
50 VARA$1.35$3.31
-59.24%
100 VARA$2.7$6.62
-59.24%
500 VARA$13.49$33.09
-59.24%
1000 VARA$26.97$66.18
-59.24%

Vara Network price prediction

What will the price of VARA be in 2025?

Based on VARA's historical price performance prediction model, the price of VARA is projected to reach $0.03288 in 2025.

What will the price of VARA be in 2030?

In 2030, the VARA price is expected to change by -6.00%. By the end of 2030, the VARA price is projected to reach $0.04618, with a cumulative ROI of +70.85%.

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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 Vara Network 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 Vara Network 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 Vara Network 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.