Frequently asked questions
What is today's US dollar (USD) rate in Nepal?
Nepal Rastra Bank publishes the official USD buying and selling rate on every working day — shown in the table above. Commercial banks and money changers set their own rates close to this reference.
Why is the Indian rupee (INR) rate almost fixed?
The Nepali rupee is pegged to the Indian rupee at NPR 1.60 to INR 1, so Indian rupees 100 stays close to NPR 160. The US dollar, euro, pound and other currencies are not pegged and move with global markets each day.
What is the difference between the buying and selling rate?
The buying rate is what a bank pays you when you sell foreign currency (for example a remittance received from abroad). The selling rate is what you pay the bank to buy foreign currency (for example before travelling). The small gap between them is the bank spread.
Why are some currencies quoted per 100 units?
Lower-value currencies such as the Indian rupee, Japanese yen and Korean won are quoted per 100 units so the numbers stay readable. Check the “Unit” column in the table to see whether a rate is per 1 or per 100.
Does NRB publish forex rates on holidays?
Reference rates are published on working days. On public holidays and weekends the most recent working day’s rate generally applies until the next publication.
Where can I exchange foreign currency in Nepal?
At licensed commercial banks and registered money changers. They base their rates on the NRB reference shown here, adding a small margin, so it is worth comparing a few before exchanging a large amount.
