Nepal Rastra Bank (NRB), the central monetary authority of the country, has released the official foreign exchange rates for today, determining the value of various international currencies against the Nepalese Rupee (NPR). These rates serve as a reference for transactions involving foreign currency exchange across Nepal. According to the latest publication by NRB, the buying rate of one US Dollar has been fixed at NPR 136.24, while the selling rate stands at NPR 136.84. The US Dollar remains a dominant currency in Nepal’s international trade and remittance inflow, making its exchange rate critical for both businesses and individuals.
Nepal Rastra Bank Exchange Rate
In the European currency basket, the Euro has been set with a buying rate of NPR 151.36 and a selling rate of NPR 151.02. Meanwhile, the British Pound Sterling, another significant global currency, has its buying rate at NPR 179.95 and selling rate at NPR 180.74. Similarly, the Swiss Franc is being traded at a buying rate of NPR 161.86 and a selling rate of NPR 162.58. These rates indicate the ongoing strength of the European currencies in Nepal’s exchange market and are essential benchmarks for those involved in trade with European countries or traveling to and from the region.
Among other widely used currencies, the Australian Dollar is set at NPR 87.36 for buying and NPR 87.74 for selling. The Canadian Dollar’s buying rate is NPR 97.39 and selling rate is NPR 97.82. Likewise, the Singapore Dollar is being exchanged at NPR 104.43 (buying) and NPR 104.89 (selling). These rates are particularly relevant for students, workers, and tourists associated with these countries, as well as for financial institutions handling remittances and travel-related services.
The exchange rate for the Japanese Yen, calculated per 10 units, stands at NPR 9.20 for buying and NPR 9.24 for selling. The Chinese Yuan, an important currency due to trade ties and regional proximity, is valued at NPR 18.92 for buying and NPR 19.00 for selling. Similarly, the Saudi Arabian Riyal has been set at NPR 36.32 (buying) and NPR 36.48 (selling), while the Qatari Riyal is marked at NPR 37.38 for buying and NPR 37.54 for selling. These currencies are of particular interest to thousands of Nepalese migrant workers based in the Gulf region, influencing remittance volumes and currency exchange demands.
Among the Asian currencies, the Thai Baht is exchanged at NPR 4.10 (buying) and NPR 4.12 (selling). The UAE Dirham stands at NPR 37.09 for buying and NPR 37.26 for selling. The Malaysian Ringgit has a buying rate of NPR 31.52 and a selling rate of NPR 31.66. South Korea’s Won, calculated per 100 units, is being traded at NPR 9.57 (buying) and NPR 9.62 (selling). These currencies reflect Nepal’s increasing engagement with East and Southeast Asian nations, both in terms of tourism and employment-based migration.
The exchange rates for Scandinavian currencies have also been set by NRB. The Swedish Krona has a buying rate of NPR 13.98 and a selling rate of NPR 14.05. The Danish Kroner is marked at NPR 20.29 for buying and NPR 20.38 for selling. These rates may be relevant to international travelers and businesses dealing with northern European markets.
The Hong Kong Dollar is being exchanged at NPR 17.48 for buying and NPR 17.56 for selling. Among the highest-valued currencies listed, the Kuwaiti Dinar is being traded at NPR 442.97 (buying) and NPR 444.92 (selling), followed by the Bahraini Dinar at NPR 361.40 (buying) and NPR 362.99 (selling), and the Omani Riyal at NPR 353.89 (buying) and NPR 355.45 (selling). These strong currencies reflect the deep economic ties between Nepal and Middle Eastern countries where many Nepali citizens are employed.
Furthermore, the exchange rate for the Indian Rupee, which is tightly pegged due to economic and historical reasons, is set at NPR 160.00 for buying and NPR 160.15 for selling for every 100 Indian Rupees. Given the high volume of cross-border transactions, trade, and travel between Nepal and India, the exchange rate of INR continues to be crucial for a wide range of financial activities in Nepal.
Nepal Rastra Bank has emphasized that these rates are subject to change and may be revised as per market demand and international fluctuations. While these are the official rates published by the central bank, it has noted that commercial banks and financial institutions may offer slightly different rates based on their operational considerations. For the latest and real-time updates on exchange rates, the NRB has advised the public and concerned stakeholders to refer to its official website.
The foreign exchange rates determined by Nepal Rastra Bank today provide critical guidance for the country’s economic transactions involving international currencies. They impact everything from trade and tourism to remittance and travel. With Nepal’s increasing integration into the global economy and a large number of citizens working abroad, daily fluctuations in currency values play a significant role in shaping the financial decisions of individuals, businesses, and policymakers alike.
