Nepal Rastra Bank (NRB), the central monetary authority of Nepal, has released the official foreign exchange rates for May 5, 2025. According to the updated rates published today, the value of major foreign currencies has slightly fluctuated against the Nepali rupee.
US Dollar Stands at NPR 135.64 for Sale
As per the NRB’s official announcement, the buying rate of one US Dollar has been fixed at NPR 135.04, while the selling rate is NPR 135.64. This moderate valuation comes amid global economic fluctuations and holds significance for importers, exporters, and travelers.
Euro, Pound Sterling and Swiss Franc Update
In the European currency market, the Euro has been fixed at NPR 152.54 for buying and NPR 153.22 for selling. Similarly, the British Pound Sterling has seen a firm rate of NPR 179.23 (buying) and NPR 180.03 (selling). The Swiss Franc, another widely used currency, has been set at NPR 163.34 for buying and NPR 164.06 for selling.
Exchange Rates of Australian, Canadian, and Singaporean Dollar
Among other major currencies, the Australian Dollar stands at NPR 87.02 (buying) and NPR 87.41 (selling), while the Canadian Dollar has been fixed at NPR 97.71 for buying and NPR 98.14 for selling. Likewise, the Singapore Dollar trades at NPR 104.07 (buying) and NPR 104.53 (selling).
Asian Currencies: Yen, Yuan, Riyal, and Dirham
In the Asian currency market, the Japanese Yen (per 10 units) has been valued at NPR 9.32 (buying) and NPR 9.36 (selling). The Chinese Yuan is currently trading at NPR 18.57 for buying and NPR 18.65 for selling. The Saudi Arabian Riyal has been fixed at NPR 36.01 (buying) and NPR 36.17 (selling), while the Qatari Riyal stands at NPR 37.05 and NPR 37.22, respectively. The UAE Dirham is trading at NPR 36.77 for buying and NPR 36.93 for selling.
Other Prominent Currencies
The Malaysian Ringgit is valued at NPR 31.69 for buying and NPR 31.83 for selling. The Thai Baht remains one of the lower-valued currencies against the rupee, with a rate of NPR 4.08 (buying) and NPR 4.10 (selling).
South Korean Won (per 100 units) has been fixed at NPR 9.65 for buying and NPR 9.69 for selling. Among Scandinavian currencies, the Swedish Krona trades at NPR 13.99 (buying) and NPR 14.05 (selling), while the Danish Krone is set at NPR 20.45 and NPR 20.54, respectively.
Gulf Currencies: Dinar and Riyal
In terms of high-value Gulf currencies, the Kuwaiti Dinar is among the strongest against the Nepali rupee, with a buying rate of NPR 440.19 and selling rate of NPR 442.15. The Bahraini Dinar follows with NPR 358.19 (buying) and NPR 359.78 (selling), while the Omani Riyal is close behind at NPR 350.75 (buying) and NPR 352.31 (selling). The Hong Kong Dollar has been pegged at NPR 17.42 for buying and NPR 17.50 for selling.
Indian Currency Exchange Rate
Considering Nepal’s close economic ties with India, the Indian Rupee (per 100 units) has been fixed at NPR 160.00 for buying and NPR 160.15 for selling. This rate is especially relevant for travelers, cross-border traders, and businesses operating along the Indo-Nepal corridor.
NRB’s Statement on Exchange Rate Volatility
Nepal Rastra Bank has also stated that the published exchange rates are subject to change based on economic demand and supply, and that it reserves the right to revise these rates at any time. Additionally, commercial banks are allowed to set their own exchange rates based on open market conditions, though they usually remain close to the NRB’s guidance.
The central bank has advised individuals and institutions to refer to its official website for the most up-to-date exchange rates and emphasized that the published rates serve as a benchmark for foreign exchange transactions across the country.
Implications for Economy and Public
The daily foreign exchange rates published by NRB play a crucial role in various sectors such as tourism, remittance, imports, exports, and foreign education. Travelers exchanging foreign currency, traders importing goods, and students paying fees abroad are directly affected by these rates. In today’s globalized economy, even minor fluctuations in exchange rates can significantly impact the national economy and consumer prices. Therefore, NRB’s daily publication is not only a regulatory mechanism but also a critical source of financial planning for businesses and individuals alike.
