In Nepal, there are three primary operating rates: an official rate by Nepal Rastra Bank, a legal rate by private banks, and an illegal rate by the black market. Moreover, travelers should keep adequate small-denomination currency, as small vendors may be reluctant to provide change.

To avoid legal issues, travelers are advised to exchange money with authorized dealers and keep receipts for all their currency exchange transactions.

They are also recommended to exchange only limited Nepal Rupees because only up to 10% of total Nepali currency can be reconverted to foreign currency while leaving the country through an airport. In Nepal, foreign currency exchange services offered by authorized dealers such as commercial banks, hotels, and licensed money exchange offices.įoreigners advised to exchange currency with the authorized dealers only. How Can I Exchange Foreign Currency in Nepal? It can quickly convert the value of one currency to another, such as dollar to Nepali Rupee, or Nepali Rupee to pounds, and back again.Ĭurrency converter calculators are of practical use to travelers looking to figure out how much of their home currency will value in the new foreign country. Note: Exchange Rates Fixed by Nepal Rastra BankĪ currency converter provides easy conversion of one currency into another to check its corresponding value. The issuance of Nepali currency is controlled by the Nepal Rastra Bank, the central bank of Nepal.Ĭoins come in 1, 2, 5, and 10 rupee denominations and paper currency in 1, 2, 5, 10, 20, 50, 100, 500, and 1000 denominations.įorex services in Nepal are available for Indian Rupee, US dollar, euro, Australian dollar, Singapore dollar, UK pound sterling, Canadian dollar, Hong Kong dollar, Chinese renminbi (Yuan), Japanese yen, Saudi Arabian riyal, Malaysian ringgit, Thai baht, Swedish Krone, and Bahrain Dinar, among others. The Nepalese Rupee (NPR) is the official currency of Nepal. What About Foreign Exchange in Nepal? Scroll down! Nepalese Rupee (NPR) Euro accounted for 32% of all the trades. The US dollar remains the dominant currency, being on one side of almost 88% of total daily value traded. The most-traded currencies in the world are the US dollar, Japanese Yen, Euro, British Pound, and Australian Dollar. The market determines the value of the exchange rate. Instead, the forex market is an electronic network of large international banks, financial centers, brokers, and individual traders.

Nepal currency rates