Exchange Rate Calculator

As of May 3, 2025, Bitcoin (BTC) is trading at approximately ₹7,628,059.03 against the Indian Rupee (INR). This marks a significant increase from its value in October 2023, when it was around ₹2,863,249.23. However, this current price is below the all-time high of ₹9,507,040.79 reached on January 20, 2025.

Recent Price Movements

In the past month, Bitcoin's value has decreased by approximately 10% against the Indian Rupee. This decline is part of a broader trend observed over the last few months. For instance, on March 9, 2025, Bitcoin was priced at ₹7,478,402, reflecting a 3.32% decrease from the previous day. Similarly, on February 27, 2025, the price stood at ₹7,532,312, marking a 2.9% decline from the day before.

Historical Context

Bitcoin's journey has been marked by significant volatility. In October 2021, the price ranged from ₹3,589,482.70 on October 1 to ₹4,965,079.71 on October 31. By October 2022, the price had decreased to ₹1,695,338.79 on October 31. In October 2023, the price rebounded to ₹2,863,249.23 on October 31.

Factors Influencing BTC/INR Exchange Rate

Several factors contribute to the fluctuations in the BTC/INR exchange rate:

• Global Market Trends: Bitcoin's price is influenced by global demand and supply dynamics. Events such as regulatory changes, technological advancements, and macroeconomic factors can impact its value.

• Indian Regulatory Environment: India's stance on cryptocurrencies has evolved over time. Announcements regarding potential regulations or bans can lead to market reactions, affecting the BTC/INR rate.

• Currency Exchange Rates: The value of the Indian Rupee against the US Dollar also plays a role. Since Bitcoin is often priced in USD globally, fluctuations in the USD/INR exchange rate can influence the BTC/INR value.

Conclusion

The BTC/INR exchange rate has experienced significant fluctuations over the past few years, influenced by a combination of global market trends, regulatory developments in India, and currency exchange rate movements. As of May 3, 2025, Bitcoin is trading at approximately ₹7,628,059.03, reflecting both its volatile nature and the various factors impacting its valuation against the Indian Rupee.