Nepal Currency Exchange Guide: NPR Rates & Tips
The Nepali Rupee (NPR) is the official currency of Nepal. Whether you are a traveler, business owner, or remittance recipient, understanding NPR exchange rates is important.
Key Facts About NPR
- Currency code: NPR
- Symbol: रु or Rs
- Subunit: 1 NPR = 100 Paisa
- Central bank: Nepal Rastra Bank (NRB)
- Fixed peg: 1 INR = 1.6 NPR (fixed rate with Indian Rupee)
Major Currency Pairs
| Currency | Approximate Rate |
|---|---|
| 1 USD | ~133 NPR |
| 1 EUR | ~145 NPR |
| 1 GBP | ~168 NPR |
| 1 AED | ~36 NPR |
| 1 AUD | ~87 NPR |
| 1 INR | 1.6 NPR (fixed) |
*Rates are approximate and change daily. Use our Currency Converter for live rates.*
The INR-NPR Fixed Rate
Nepal maintains a fixed exchange rate with India at 1 INR = 1.6 NPR. This is significant because:
- India is Nepal's largest trading partner
- Many Nepalis work in India and send remittances
- Indian currency is widely accepted in Nepal's border areas
Tips for Currency Exchange
- Use official channels: Always exchange through banks or licensed money changers
- Check NRB rates: Nepal Rastra Bank publishes daily exchange rates
- Avoid street exchange: Unofficial exchange is illegal and risky
- Plan for remittances: Services like eSewa, Khalti, and IME offer competitive rates
- Keep receipts: Required for converting NPR back to foreign currency when leaving Nepal
Remittance to Nepal
Nepal receives significant remittances from abroad, particularly from:
- Gulf countries (UAE, Saudi Arabia, Qatar, Kuwait)
- Malaysia
- South Korea
- Japan
- USA, UK, Australia
Use our Currency Converter to check the latest exchange rates before sending money.