Exchange Rate in Nepal
Live Foreign Currency Rates (Source: Nepal Rastra Bank)
Maximize Remittance
For millions of Nepalese working abroad, a small increase in the exchange rate can mean thousands more Rupees when sending money home. Monitoring daily rates helps you choose the best time to transfer funds.
Smart Travel Budgeting
If you are planning to travel abroad or visiting Nepal, knowing the current exchange rate helps in accurate budget planning and avoiding poor conversion rates at airports.
Business Decisions
For businesses involved in import/export, fluctuating rates directly impact profit margins. Keeping track of daily rates is crucial for pricing strategies.
Frequently Asked Questions
When are the exchange rates updated?
Exchange rates are updated daily around 10:00 AM Nepal Standard Time, immediately after Nepal Rastra Bank publishes the new reference rates.
Is this the exact rate I get at the bank?
This is the official reference rate set by Nepal Rastra Bank. Commercial banks and money exchangers may have slightly different buying and selling rates (usually +/- 1-2%).
Do exchange rates change on Saturdays?
No, the foreign exchange market is usually closed on Saturdays and public holidays in Nepal. The rates from the last working day remain valid until the next business day.
What is Exchange Rate?
Exchange rate is the value of one currency in terms of another currency. Nepal Rastra Bank publishes official exchange rates daily for foreign currencies against Nepali Rupee (NPR). These rates are used for currency conversion, international trade, and financial transactions.