Nepal Rastra Bank (NRB), the central bank of Nepal, has released the official foreign exchange rates for today. These rates are crucial indicators for international trade, remittances, and foreign currency exchange across the country. As per the announcement, the exchange rates for major international currencies have been determined with clear buying and selling margins, reflecting both global trends and local demand for foreign currency.
According to NRB, the exchange rate for the United States Dollar (USD) has been fixed at NPR 137.31 for buying and NPR 137.91 for selling. The dollar remains one of the most frequently exchanged currencies in Nepal due to high remittance inflow and tourism transactions.
Nepal Rastra Bank’s Exchange Rate
For the European currency, the Euro (EUR), the buying rate stands at NPR 155.28, while the selling rate is NPR 155.96. Similarly, the British Pound Sterling (GBP), another widely used international currency, is being bought at NPR 184.25 and sold at NPR 185.05. The Swiss Franc (CHF), commonly used in global banking and financial transactions, is being traded at NPR 166.16 for buying and NPR 166.89 for selling.
Among other currencies from developed economies, the Australian Dollar (AUD) has been fixed at NPR 88.26 for buying and NPR 88.64 for selling. The Canadian Dollar (CAD) is available at NPR 99.05 for buying and NPR 99.48 for selling. The Singapore Dollar (SGD) is slightly higher, with the buying rate at NPR 106.35 and the selling rate at NPR 106.82.
Asian currencies also saw updated rates. The Japanese Yen (JPY), calculated per 10 units, is set at NPR 9.56 for buying and NPR 9.60 for selling. The Chinese Yuan (CNY) is being bought at NPR 19.06 and sold at NPR 19.14, reflecting the growing trade ties between Nepal and China.
In the Middle Eastern currency segment, which is particularly important for remittances sent by Nepalese working abroad, the Saudi Arabian Riyal (SAR) is being bought at NPR 36.61 and sold at NPR 36.77. Similarly, the Qatari Riyal (QAR) stands at NPR 37.68 for buying and NPR 37.84 for selling.
Other major currencies in the region include the UAE Dirham (AED), which has been pegged at NPR 37.38 for buying and NPR 37.55 for selling. The Thai Baht (THB), a relatively smaller but regionally significant currency, is trading at NPR 4.18 for buying and NPR 4.20 for selling.
Meanwhile, the Malaysian Ringgit (MYR) is fixed at NPR 32.12 for buying and NPR 32.26 for selling. The South Korean Won (KRW), calculated per 100 units, is priced at NPR 9.94 for buying and NPR 9.98 for selling.
From Northern Europe, the Swedish Krona (SEK) is being traded at NPR 14.31 for buying and NPR 14.37 for selling. Similarly, the Danish Krone (DKK) stands at NPR 20.82 for buying and NPR 20.91 for selling.
Other globally recognized currencies have also been updated. The Hong Kong Dollar (HKD) is now available at NPR 17.55 for buying and NPR 17.62 for selling. The Kuwaiti Dinar (KWD), known for being one of the world’s highest-valued currencies, is fixed at NPR 447.45 for buying and NPR 449.41 for selling. The Bahraini Dinar (BHD) is priced at NPR 364.19 for buying and NPR 365.78 for selling, while the Omani Riyal (OMR) stands at NPR 356.67 for buying and NPR 358.23 for selling.
The Indian Rupee (INR), Nepal’s most important neighboring currency, is being exchanged at NPR 160.00 for buying and NPR 160.15 for selling per INR 100. Given the open-border trade and travel between Nepal and India, this exchange rate remains significant for the day-to-day economy.
NRB has clarified that these rates are subject to change and can be revised anytime as per market demand, global forex trends, and internal economic requirements. The central bank further informed that while these rates serve as the official reference, commercial banks may set slightly different rates based on their internal trading systems and operational costs.
NRB has also encouraged the public and businesses to check the updated exchange rates regularly through its official website. The website provides the most accurate and timely information, ensuring that individuals and institutions engaged in foreign exchange are well-informed.
These daily rates play a critical role in Nepal’s economic activities, especially for importers, exporters, migrant workers, and tourists. With Nepal’s economy significantly supported by remittance inflows, knowing accurate exchange rates helps households and financial institutions manage currency conversions effectively.
Overall, the Nepal Rastra Bank’s proactive updates on foreign exchange rates provide necessary transparency and stability in the foreign exchange market, ensuring trust and efficiency in financial operations involving foreign currencies.
