BTC/INR: what to know
The BTC/INR rate shows how much INR you get for 1 BTC. Right now, 1 BTC buys 7,314,772.38 INR at the mid-market rate. In the other direction, 1 INR is worth 0.000000136710 BTC.
In the short term BTC is driven mainly by crypto-market sentiment and liquidity, while INR responds to oil prices and capital flows.
The supply is capped at 21 million coins. The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010.
Over the past 12 months the BTC/INR rate has ranged between 5,557,068.66 and 11,073,644.56 — a change of -26.77% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.