If the story of bitcoin in 2013 was its meteoric rise in price, which saw it hit a peak of over $1,100 in November, then the tale of bitcoin's price this year is one of plummeting from those heights.The price of bitcoin opened the year at $770, according to the CoinDesk Price Index.By mid-December, it was trading in the mid-$300 range.This represents a drop of more than 50% from the start of the year.However, it's worth noting that bitcoin is still trading comfortably above its price for much of last year.Indeed, it is changing hands for more than three times the amount it was trading at during the highs of April 2013, before its historic bull run.Over the past 12 months, the price has been buffeted by a diverse array of factors, ranging from adoption by payments giant PayPal and technology goliath Microsoft to the massive sell-order from the 'BearWhale' and rumoured clampdowns by the Chinese authorities.The interactive price chart below, based on the CoinDesk BPI, retraces the highs and lows of bitcoin's price as it struggles to find its feet after an incredible year.

For a larger version of the chart, click here.in INR Above is the current value of one bitcoin.Convert any amount of bitcoin to Indian Rupee.To check how many bitcoins you can buy, simply enter an amount on the right-hand input field and see the equivalent amount in bitcoin on the left.To check the value of your bitcoin holdings, enter the number of bitcoins you have.Average RatesBuy rate: Sell rate: Buy rate+Fees: Sell rate-Fees: Exchange Name(Update Time) Buy Rate(Rs.)(Max Vol in Btc) Sell Rate(Rs.)(Max Vol in Btc) Fees Buy Rate(Rs.)+Fees(Max Vol in Btc) Sell Rate(Rs.)-Fees(Max Vol in Btc) Coinsecure % Localbitcoins % Unocoin % Zebpay % Paxful % Bitxoxo % Bitlio % Belfrics % 1 hr 12 hr 24 hr No fees Fees 1 hr 12 hr 24 hr No fees Fees Arbitrage Opportunities [after Fees] 1 hr 12 hr 24 hr Arbitrage Opportunities [without Fees] 1 hr 12 hr 24 hr Pocketbits LocalBitcoins-NB

Indian Prime Minister Narendra Modi's decision to withdraw 500 and 1000 rupee notes from circulation has sparked interest in bitcoin among India's consumers.Following last week's announcement that the notes were no longer legal tender, sales volumes for bitcoin increased on several exchanges for the digital currency, according to The Hindustan Times.The announcement by the Indian government was an attempt to crackdown on corruption and "black money", but following the movement, internet searches for the term "buy bitcoin" increased in popularity, according to Google Trends data.bitcoin capital flightOther signs of increased interest include downloads of the smartphone app for bitcoin exchange Zebpay, which passed a threshold of 100,000 downloads.cheap vpn bitcoin"Queries for bitcoins have gone up by 20 percent to 30 percent in the past couple of days," Zebpay's CEO, Saurabh Agrawal, told the Hindustan Times.bitcoin casino erfahrungen

As a result of the increased demand, the premium paid for rupee-denominated bitcoin has widened.One bitcoin on the Indian exchange Unocoin is worth 55,405 rupees, or $817.97, at the time of writing.Dollar-denominated bitcoin currently costs around $709.According to Charles Hayter, CEO and founder of Crypto Compare, the premium at the start of September was just $20, or around 3 percent.capital gains tax on bitcoin"Bitcoin is a sanctuary in emerging markets where knee jerk policy reactions are commonplace - India's move on high value bank notes is just the latest in a string of poorly communicated & executed judgments," he told CNBC via email.nyse bitcoin price"Bitcoin was trading at a $20 dollar premium in India at the beginning of September and now is trading at a $70-100 premium to the USD rate."bitcoin kaufen mit paypal

One reason for the increased demand may be due to Indians who are frustrated by the government's decision and are now looking for a way to store their wealth that is (theoretically) out of Dehli's reach."The Indian rupee, like all other government currencies, is a fiat currency.It exists through the fiat - order - of the government," explained Jacob J, a writer for The CoinTelegraph."As seen in the recent instance, its existence can also be terminated through an order from the government.With the passage of time, Bitcoin's superiority as a currency is becoming more and more apparent."India has been slow to start using digital currencies.The amount of bitcoin traded per day in India is a fraction of other countries, according to Linus Lindgren, strategic investor and advisor at BTCXIndia."I would estimate the average traded volume in India to be around 500btc/day, which is less than 1 percent, maybe even 0.1 percent, of global volumes," he told CNBC via email."We have certainly seen a larger interest than ever before in the last weeks, but in contrast to centralised systems, where money can be made worthless over night, a decentralised currency like bitcoin is opt-in, meaning that this revolution will come gradually as more and more people start seeing the benefits and switch."

Follow CNBC International on Twitter and Facebook.http://forex-python.readthedocs.io/en… python pip package bitcoin currency currency-exchange-rates currency-converter commits branch releases Fetching contributors MIT Latest commit 80290a2 Feb 27, 2017 Merge pull request #28 from ravigadila/fixconverter Permalink README.rst forex-python Forex Python is a Free Foreign exchange rates and currency conversion.Features: List all currency rates.BitCoin price for all curuncies.Converting amount to BitCoins.Get historical rates for any day since 1999.Conversion rate for one currency(ex; USD to INR).Convert amount from one currency to other.('USDCurrency Source: Fixer.io is a free API for current and historical foreign exchange rates published by European Central Bank.The rates are updated daily 3PM CET.BitCoin Price Source: Bitcoin prices calculated every minute.Installation Install using python package Usage Examples: Initialize class list all latest currency rates for "USD" Get conversion rate from USD to INR Convert amount from USD to INR Force use of Decimal Detect use of Decimal Get latest Bitcoin price.