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Ritocoin to Pakistani Rupee Converter and calculator

Convert 1Ritocoin (RITO) to Pakistani Rupee (PKR) equals ₨ 0.01776 | 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 Ritocoin(RITO) to Pakistani Rupee(PKR). This is the real-time data. The current conversion shows 1 RITO at a value of 1 RITO for 0.02 PKR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

PKR 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 Ritocoin currency pair is the RITO to PKR, with for Ritocoin's currency code being RITO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PKR.

RITO to PKR conversion rate trend

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In the past 1D, Ritocoin has changed +8.49% to PKR. Based on the trend and price charts, Ritocoin(RITO) has changed +8.49% to PKR while Pakistani Rupee(PKR) has changed % to RITO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₨0.01761
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/23 08:31:35(UTC+0)

How to buy Ritocoin

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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 Ritocoin (RITO)
Use a variety of payment options to buy Ritocoin on Bitget. We'll show you how.

Buy RITO (or USDT) for PKR (Pakistani Rupee) offers

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

Bitget P2P trading currently does not support direct selling of RITO to PKR. However, you can first exchange RITO 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 Ritocoin to Pakistani Rupee?

Ritocoin to Pakistani Rupee is falling this week.
Ritocoin's current market price is ₨ 0.01776 per RITO, with a total market cap of ₨ 32,421,769.81 PKR based on a circulating supply of 1,825,391,000 RITO. The trading volume of Ritocoin has changed by 0.00% (₨ 0 PKR) in the last 24 hours. Last trading day, RITO's trading volume was ₨ 0.
Market cap
$116.98K
24h volume
$0
Circulating supply
1.83B RITO

Conversion tables

The exchange rate of Ritocoin is increasing.
1 RITO is currently valued at ₨ 0.01776 PKR , which means buying 5 RITO will cost ₨ 0.08881 PKR . Similarly, ₨1 PKR can be traded for 56.3 RITO, and ₨50 PKR can be converted to 2,815.07 RITO, excluding any platform or gas fees.
The exchange rate of 1 RITO to Pakistani Rupee has changed by -7.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.49%, reaching a high of 0.01781 PKR and a low of 0.01590 PKR . One month ago, the value of 1 RITO was ₨ 0.01621 PKR , which represents a +9.56% change from its current value. Over the last year, Ritocoin has changed by
-
0.006432PKR
, resulting in a change of -26.58% in its value.

RITO to PKR

Amount
12:44 today
0.5 RITO
0.008881
1 RITO
0.01776
5 RITO
0.08881
10 RITO
0.1776
50 RITO
0.8881
100 RITO
1.78
500 RITO
8.88
1000 RITO
17.76

PKR to RITO

Amount12:44 today
0.5PKR28.15  RITO
1PKR56.3  RITO
5PKR281.51  RITO
10PKR563.01  RITO
50PKR2,815.07  RITO
100PKR5,630.14  RITO
500PKR28,150.7  RITO
1000PKR56,301.4  RITO

Today vs. 24 hours ago

Amount12:44 today24 hours ago24h change
0.5 RITO$0.{4}3204$0.{4}2953
+8.49%
1 RITO$0.{4}6408$0.{4}5907
+8.49%
5 RITO$0.0003204$0.0002953
+8.49%
10 RITO$0.0006408$0.0005907
+8.49%
50 RITO$0.003204$0.002953
+8.49%
100 RITO$0.006408$0.005907
+8.49%
500 RITO$0.03204$0.02953
+8.49%
1000 RITO$0.06408$0.05907
+8.49%

Today vs. 1 month ago

Amount12:44 today1 month ago1M change
0.5 RITO$0.{4}3204$0.{4}2925
+9.56%
1 RITO$0.{4}6408$0.{4}5849
+9.56%
5 RITO$0.0003204$0.0002925
+9.56%
10 RITO$0.0006408$0.0005849
+9.56%
50 RITO$0.003204$0.002925
+9.56%
100 RITO$0.006408$0.005849
+9.56%
500 RITO$0.03204$0.02925
+9.56%
1000 RITO$0.06408$0.05849
+9.56%

Today vs. 1 year ago

Amount12:44 today1 year ago1Y change
0.5 RITO$0.{4}3204$0.{4}4364
-26.58%
1 RITO$0.{4}6408$0.{4}8729
-26.58%
5 RITO$0.0003204$0.0004365
-26.58%
10 RITO$0.0006408$0.0008729
-26.58%
50 RITO$0.003204$0.004365
-26.58%
100 RITO$0.006408$0.008729
-26.58%
500 RITO$0.03204$0.04364
-26.58%
1000 RITO$0.06408$0.08729
-26.58%

Ritocoin price prediction

What will the price of RITO be in 2025?

Based on RITO's historical price performance prediction model, the price of RITO is projected to reach $0.{4}9690 in 2025.

What will the price of RITO be in 2030?

In 2030, the RITO price is expected to change by -4.00%. By the end of 2030, the RITO price is projected to reach $0.0001370, with a cumulative ROI of +131.44%.

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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 Ritocoin and PKR.

How accurate is a cryptocurrency calculator?

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