Nepal The Nepalese Rupee (NPR) is the official currency of Nepal, a landlocked country in South Asia. It is issued and regulated by the Nepal Rastra Bank, the central bank of Nepal. The Nepalese Rupee is pegged to the Indian Rupee (INR) at a fixed exchange rate of 1 NPR = 0.625 INR, ensuring monetary stability and strong trade relations with India. The currency is available in both banknotes and coins, with various denominations in circulation. Nepal's economy is largely based on agriculture, remittances, tourism, and hydropower. Due to its dependence on imports, the exchange rate of NPR is influenced by trade balances and inflation.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.
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