Exchange Rate in Nepal Rastra Bank: Latest Updates & Insights

Introduction

Exchange rates in Nepal play a crucial role in Nepal’s economy, affecting trade, remittances, and inflation. The Nepal Rastra Bank (NRB), the central bank of Nepal, regularly updates foreign exchange rates based on market trends. Whether you are a business owner, a traveler, or someone receiving remittances, understanding exchange rates is essential.

What is the Nepal Rastra Bank Exchange Rate Today?

The Nepal Rastra Bank publishes daily foreign exchange rates for major currencies like the US Dollar (USD), Euro (EUR), British Pound (GBP), Indian Rupee (INR), and others. These rates are determined based on international market fluctuations and Nepal’s economic policies.

How is the Exchange Rate Determined?

NRB sets exchange rates using the following factors:

  • Foreign Exchange Market Trends: International supply and demand of currencies.
  • Inflation Rate: Higher inflation leads to a weaker Nepalese Rupee (NPR).
  • Interest Rates: Higher interest rates attract foreign investments, strengthening the NPR.
  • Government Policies: Monetary policies and trade regulations influence exchange rates.
  • Remittances & Imports: Nepal’s economy heavily relies on remittances, affecting the NPR’s strength.

Daily & Fixed Exchange Rate in Nepal

1. Daily Exchange Rate

NRB publishes daily exchange rates based on international market trends. These rates fluctuate depending on global economic conditions.

2. Fixed Exchange Rate for INR

Unlike other currencies, the Nepalese Rupee (NPR) is pegged to the Indian Rupee (INR) at a fixed rate of 1.6 NPR per INR. This helps stabilize the Nepalese economy and trade relations with India.

How to Check the Latest Exchange Rate?

To check the latest Nepal Rastra Bank exchange rate today:

  1. Visit the official NRB forex exchange website.
  2. Navigate to the Foreign Exchange Rates section.
  3. View the latest buying and selling rates for different currencies.

Impact of Exchange Rate Fluctuations in Nepal

1. On Import & Export

  • A weaker NPR makes imports expensive, increasing product costs.
  • A stronger NPR benefits importers but affects exporters negatively.

2. On Remittances

  • A high exchange rate benefits families receiving remittances in foreign currency.
  • A low exchange rate reduces the value of remittances.

3. On Tourism & Travel

  • A lower NPR exchange rate makes Nepal an affordable destination for tourists.
  • A stronger NPR increases travel costs for Nepalese citizens going abroad.

Tips to Get the Best Exchange Rate

  • Compare exchange rates from different sources before exchanging currency.
  • Use online forex tools to monitor rate trends.
  • Avoid exchanging money at airports due to high conversion fees.

Conclusion

Understanding Nepal Rastra Bank’s exchange rate is essential for businesses, travellers, and those receiving remittances. Keeping track of exchange rate fluctuations can help you make better financial decisions.

Stay updated with the latest exchange rates by checking NRB’s official website and make informed currency exchange choices!

Frequently Asked Questions (FAQ’s)

The NRB publishes daily official foreign‐exchange buying and selling rates. For example, as of 6 November 2025:

  • USD: Buying NRs 141.56 / Selling NRs 142.16
  • EUR: Buying NRs 162.63 / Selling NRs 163.32
  • INR (Indian Rupee): 100 INR = NRs 160.00 (buying) / 160.15 (selling).

The official rates are published on the NRB website under “Foreign Exchange Rates”.
You may also find them via trusted financial portals which cite NRB’s data.

The following are the proper meanings of buying and selling:

  • Buying rate is the rate at which the bank (or central bank) buys foreign currency from you.
  • The selling rate is the rate at which the bank sells foreign currency to you.
    When dealing with NRB‐published rates, the “buy” value is what you might receive, and the “sell” value is what you might pay, though actual commercial bank/money‐changer rates may differ.

NRB publishes the rate for 100 Indian Rupees because the INR and Nepali Rupee (NPR) are tightly linked and trade volumes between Nepal and India are high. For example: 100 INR = NRs 160.00 buying.
This convention is standard in Nepali financial reporting.

Not exactly. The NRB rate sets a benchmark/official rate. Commercial banks and money changers may apply margins, commissions or slightly different rates based on operational cost, demand/supply, and timing. It’s advisable to check with your provider for their applied rate.

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