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SHM to INR Converter and calculator

SHM/INR: 1 SHM = 0.02276 INR. The price of converting 1 Shardeum (SHM) to Indian Rupee (INR) is 0.02276 INR today.
SHM
SHM
INR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SHM to INR real-time exchange rates, making it easy to convert Shardeum (SHM) to Indian Rupee (INR). The conversion result is based on real-time data. The conversion result shows that 1 SHM is currently valued at 0.02276 INR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHM is currently valued at 0.02276 INR, which means buying 5 SHM would cost 0.1138 INR. Similarly, ₹1 INR can be converted to 43.95 SHM, and ₹50 INR can be converted to 219.73 SHM, excluding any platform or gas fees.

Convert SHM to INR

Convert INR to SHM

Shardeum
Indian Rupee
1 SHM
0.02276  INR
Exchange 1 SHM for 0.02276 INR
2 SHM
0.04551  INR
Exchange 2 SHM for 0.04551 INR
5 SHM
0.1138  INR
Exchange 5 SHM for 0.1138 INR
10 SHM
0.2276  INR
Exchange 10 SHM for 0.2276 INR
20 SHM
0.4551  INR
Exchange 20 SHM for 0.4551 INR
50 SHM
1.14  INR
Exchange 50 SHM for 1.14 INR
100 SHM
2.28  INR
Exchange 100 SHM for 2.28 INR
200 SHM
4.55  INR
Exchange 200 SHM for 4.55 INR
500 SHM
11.38  INR
Exchange 500 SHM for 11.38 INR
1000 SHM
22.76  INR
Exchange 1000 SHM for 22.76 INR
5000 SHM
113.78  INR
Exchange 5000 SHM for 113.78 INR
10000 SHM
227.55  INR
Exchange 10000 SHM for 227.55 INR
In the table above, you'll find a comprehensive SHM to INR converter that shows the value of Shardeum in Indian Rupee across commonly used conversion amounts. The list covers conversions from 1 SHM to INR, all the way up to 10000 SHM, providing a clear view of their respective values.
Indian Rupee
Shardeum
1 INR
43.95 SHM
Exchange 1 INR for 43.95 SHM
10 INR
439.46 SHM
Exchange 10 INR for 439.46 SHM
50 INR
2,197.29 SHM
Exchange 50 INR for 2,197.29 SHM
100 INR
4,394.59 SHM
Exchange 100 INR for 4,394.59 SHM
200 INR
8,789.17 SHM
Exchange 200 INR for 8,789.17 SHM
500 INR
21,972.94 SHM
Exchange 500 INR for 21,972.94 SHM
1000 INR
43,945.87 SHM
Exchange 1000 INR for 43,945.87 SHM
2000 INR
87,891.74 SHM
Exchange 2000 INR for 87,891.74 SHM
5000 INR
219,729.36 SHM
Exchange 5000 INR for 219,729.36 SHM
10000 INR
439,458.72 SHM
Exchange 10000 INR for 439,458.72 SHM
50000 INR
2,197,293.61 SHM
Exchange 50000 INR for 2,197,293.61 SHM
100000 INR
4,394,587.22 SHM
Exchange 100000 INR for 4,394,587.22 SHM
In the table above, you'll find a comprehensive INR to SHM converter that shows the value of Indian Rupee in Shardeum across commonly used conversion amounts. The list covers conversions from 1 INR to SHM, all the way up to 100000 INR, providing a clear view of their respective values.

SHM to INR chart

SHM/INR: 1 SHM = 0.02276 INR; 2025/11/18 02:05:00
In the past 1D, Shardeum has changed +5.07% to INR. Based on the trend and price charts, Shardeum(SHM) has changed +5.07% to INR while Indian Rupee(INR) has changed % to SHM in the last 24 hours.
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SHM to INR conversion data: Volatility and price changes of Shardeum in INR

The highest Shardeum price in INR over the past 7 days was 0.03390 INR while the lowest Shardeum price in INR over the past 7 days was 0.02153 INR. The relative change between the highs and lows in Shardeum price in INR over the last 7 days indicates a volatility of %. You can view additional volatility data and SHM to INR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.02335 INR
0.03390 INR
6.94 INR
6.94 INR
Low
0.02169 INR
0.02153 INR
0.02005 INR
0.02005 INR
Average
0 INR
0 INR
0 INR
0 INR
Volatility
%
%
%
%
Change
+5.07%
-29.77%
-99.50%
-99.59%

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Shardeum information

SHM to INR market statistics

SHM/INR:
₹0.02276
SHM 24h volume:
₹39,589,743.78
SHM market cap:
₹441,068.92
SHM circulating supply:
19.38M SHM

Current SHM to INR exchange rate

Shardeum to Indian Rupee is falling this week.
Shardeum's current market price is ₹0.02276 per SHM, with a total market cap of ₹441,068.92 INR based on a circulating supply of 19,383,158 SHM. The trading volume of Shardeum has changed by -21.22% (₹-10,665,588.70 INR) in the last 24 hours. Last trading day, SHM's trading volume was ₹50,255,332.48.

More info about Shardeum on Bitget

Indian Rupee information

About the Indian Rupee (INR)

What Is the Indian Rupee (INR)?

The Indian Rupee, designated by the ISO code INR, is the official currency of the Republic of India. The term 'rupee' is derived from the Sanskrit word 'rupyakam,' meaning a silver coin. The Indian Rupee got its symbol (₹) in 2010, which is a blend of the Devanagari 'Ra' and the Roman capital 'R' without its vertical bar. The Indian Rupee is the sole legal tender in India, and it is used for all transactions within the country.

The Indian Rupee is issued by the Reserve Bank of India (RBI), which is the central bank of India. The RBI is responsible for the regulation and management of the Indian currency and monetary policy. It oversees the issuance and supply of the rupee, ensuring stability and integrity in the country's financial system. The RBI also implements measures to combat counterfeiting and manages the currency's design and denominations.

What Is the History of INR?

The Coinage Act of 1835 standardized coinage in India, introducing coins bearing the effigy of William IV and later Queen Victoria. The rupiya, originally a silver coin, faced devaluation against gold during the 19th century due to the discovery of large silver reserves in Europe and the U.S. During World War II, the regular rupee was replaced with Quaternary Silver Alloy, and post-independence in 1947, India continued using the existing currency until the adoption of its constitution in 1950. In 1957, India introduced a decimal currency system, dividing the rupee into 100 paise.

Notes and Coins of INR

The current series of Indian currency includes notes of various denominations such as 10, 20, 50, 100, 200, 500, and 2000 INR. Each denomination has its unique color scheme and design elements, making them easily distinguishable. The coins, ranging from smaller denominations like 1, 2, 5, and 10 rupees, are minted in various metals and also feature emblematic designs representing India's cultural and historical ethos..

Economic Impact and Exchange Rate Management

The demonetization in 2016 aimed to disrupt the underground economy and curb the financing of illegal activities. This move led to the issuance of new 500 and 2000 INR notes in the Mahatma Gandhi New Series. The RBI's strategy does not peg the INR to a specific foreign currency, but instead aims to reduce exchange rate volatility through market interventions. This policy reflects a preference for a stable yet flexible exchange rate system, adapting to global economic dynamics.

What Is Digital Rupee?

The Digital Rupee, also known as e₹ or eINR, is a digital version of the Indian Rupee, issued by the Reserve Bank of India (RBI) as a central bank digital currency (CBDC). Launched in December 2022, it utilizes blockchain distributed-ledger technology for secure transactions. The Digital Rupee is uniquely identifiable and regulated by the RBI, ensuring its reliability as legal tender. It is designed to be accessible both online and offline, catering to a wide range of financial transactions. The RBI has introduced two versions: the Digital Rupee for Wholesale (e₹-W) for interbank settlements and the Digital Rupee for Retail (e₹-R) for consumer and business transactions. This initiative aims to reduce the costs associated with physical currency, enhance transaction efficiency, and support India's growing digital economy. Unlike cryptocurrencies, the Digital Rupee is a sovereign currency, backed by the RBI, and holds the same value as its physical counterpart.

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

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SHM to INR Conversion tables

The exchange rate of Shardeum is decreasing.
The exchange rate of 1 SHM to Indian Rupee has changed by -29.77% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.07%, reaching a high of 0.02335 INR and a low of 0.02169 INR . One month ago, the value of 1 SHM was ₹4.54 INR , which represents a -99.50% change from its current value. Over the last year, Shardeum has changed by
+
0.02283INR
, resulting in a change of -99.87% in its value.
24 hours ago1 month ago1 year ago
Amount 02:05 am today 24 hours ago 24h change
0.5 SHM
₹0.01138₹0.01083
+5.07%
1 SHM
₹0.02276₹0.02165
+5.07%
5 SHM
₹0.1138₹0.1083
+5.07%
10 SHM
₹0.2276₹0.2165
+5.07%
50 SHM
₹1.14₹1.08
+5.07%
100 SHM
₹2.28₹2.17
+5.07%
500 SHM
₹11.38₹10.83
+5.07%
1000 SHM
₹22.76₹21.65
+5.07%

SHM to INR FAQ

How much is 1 Shardeum in INR?
Right now, the price of 1 Shardeum (SHM) in Indian Rupee (INR) is ₹0.02276.
How much SHM can I buy for 1 INR?
Based on the current exchange rate, you can get 43.95 SHM for 1 INR.
How do I calculate or convert SHM to INR?
You can use our SHM to INR calculator at the top of this page to convert any amount of SHM to INR. We've also included quick-reference tables for the most popular conversions. For example, 5 INR is equivalent to 219.73 SHM, while 5 SHM will cost around 0.1138INR.
What is the highest price of SHM/INR in history?
The all-time high price of 1 SHM in INR is ₹32.86. It remains to be seen if the value of 1 SHM/INR will exceed the current all-time high.
What is the price trend of Shardeum in INR?
Over the past 7 days, the exchange rate of Shardeum (SHM) has gone down by 29.77%.   Over the last month, the exchange rate of Shardeum (SHM) has gone down by 99.50% against Indian Rupee (INR).

What factors influence the conversion rate of SHM to INR?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Shardeum currency pairs: SHM to US Dollar (USD), SHM to Euro (EUR), SHM to Pound Sterling (GBP), SHM to Canadian Dollar (CAD), SHM to Indian Rupee (INR), SHM to Pakistani Rupee (PKR), SHM to Brazilian Real (BRL), SHM to…
The price of Shardeum in the US is $0.0002568 USD. Additionally, Shardeum’s price is €0.0002215 EUR in the eurozone, £0.0001952 GBP in the UK, C$0.0003608 CAD in Canada, ₹0.02276 INR in India, ₨0.07237 PKR in Pakistan, R$0.001369 BRL in Brazil, and more.
The most popular Shardeum currency pair is the SHM to Indian Rupee(INR). The price of 1 Shardeum (SHM) in Indian Rupee (INR) is ₹0.02276.

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