Nepal Rastra Bank (NRB), the country’s central bank, has announced the official foreign currency exchange rates for today. The rates cover a wide range of major international currencies including the U.S. dollar, euro, pound sterling, Japanese yen, Chinese yuan, and several others. The bank has also clarified that the published exchange rates can be revised at any time, depending on market dynamics, and that commercial banks may apply slightly different rates within the given framework.
U.S. Dollar and European Currencies
According to the latest update, the U.S. dollar has been fixed at a buying rate of Rs. 140.21 and a selling rate of Rs. 140.81. The dollar remains one of the most influential currencies in Nepal’s foreign exchange market, largely due to its role in international trade, remittances, and investment.
The European euro is another key currency in Nepal’s economy, particularly as it is widely used for trade with the European Union and in remittances from Nepali migrant workers. The euro has been set at Rs. 166.01 for buying and Rs. 166.72 for selling.
Meanwhile, the British pound sterling, one of the strongest global currencies, is being traded at Rs. 191.27 for buying and Rs. 192.09 for selling. The pound continues to hold significant importance given the strong Nepali diaspora presence in the United Kingdom. The Swiss franc, another widely traded currency, has been fixed at Rs. 178.25 for buying and Rs. 179.01 for selling.
Australian, Canadian, and Singapore Dollars
The central bank has also updated the rates for currencies from the Asia-Pacific region. The Australian dollar stands at Rs. 93.58 for buying and Rs. 93.98 for selling, while the Canadian dollar is being exchanged at Rs. 101.96 for buying and Rs. 102.40 for selling.
Similarly, the Singapore dollar is fixed at Rs. 109.85 for buying and Rs. 110.32 for selling. These currencies play a significant role in Nepal’s foreign reserves, as many Nepalis live and work in these countries, contributing to remittance inflows.
Asian Currencies: Yen, Yuan, and Riyal
Among Asian currencies, the Japanese yen, calculated in units of 10, has been set at Rs. 9.59 for buying and Rs. 9.63 for selling. Japan remains a major development partner for Nepal, and the yen’s rate is closely watched in trade and aid transactions.
The Chinese yuan, another influential regional currency, is fixed at Rs. 19.74 for buying and Rs. 19.82 for selling. Trade between Nepal and China, particularly across border points, makes the yuan a crucial currency in daily transactions.
The Saudi Arabian riyal, reflecting Nepal’s strong labor migration ties to the Gulf region, stands at Rs. 37.37 for buying and Rs. 37.53 for selling. Similarly, the Qatari riyal has been set at Rs. 38.47 for buying and Rs. 38.63 for selling. Both currencies are vital because of the large number of Nepali migrant workers employed in Saudi Arabia and Qatar.
Other Regional Currencies
The NRB has also published exchange rates for other widely used Asian and Middle Eastern currencies. The Thai baht is valued at Rs. 4.42 for buying and Rs. 4.44 for selling, while the UAE dirham is priced at Rs. 38.17 for buying and Rs. 38.34 for selling.
The Malaysian ringgit stands at Rs. 33.47 for buying and Rs. 33.62 for selling. Similarly, the South Korean won, measured in units of 100, is fixed at Rs. 10.18 for buying and Rs. 10.22 for selling. The Swedish krona has been listed at Rs. 15.14 for buying and Rs. 15.21 for selling, while the Danish krone is fixed at Rs. 22.24 for buying and Rs. 22.34 for selling.
Premium Currencies: Dinar and Omani Riyal
Among the highest-valued currencies, the Kuwaiti dinar is set at Rs. 459.74 for buying and Rs. 461.70 for selling, making it one of the most expensive currencies against the Nepali rupee. The Bahraini dinar is priced at Rs. 371.83 for buying and Rs. 373.42 for selling, while the Omani riyal has been fixed at Rs. 364.16 for buying and Rs. 365.72 for selling.
These currencies hold high importance for remittances, as a considerable number of Nepalis are employed in Kuwait, Bahrain, and Oman, sending earnings back home in these denominations.
Indian Rupee Exchange Rate
The Indian rupee, which holds special importance due to Nepal’s open border and close economic ties with India, has been pegged at Rs. 160 for buying and Rs. 160.15 for selling per 100 Indian rupees. The pegged exchange system between the Nepali and Indian rupees helps maintain stability in cross-border trade and daily financial transactions.
Flexibility in Exchange Rates
Nepal Rastra Bank has emphasized that today’s exchange rates may be adjusted as per necessity depending on market fluctuations. The central bank further noted that while it sets the base rates, commercial banks are allowed to quote slightly different rates depending on demand and supply conditions. For the most accurate and updated figures, the public is encouraged to check the central bank’s official website.
The announcement of daily foreign exchange rates by Nepal Rastra Bank provides a reliable reference for businesses, travelers, remittance receivers, and financial institutions. Today’s figures reflect the rupee’s relative strength and the global currency market’s dynamics. With international trade, remittances, and imports playing such a central role in Nepal’s economy, these rates are critical indicators of economic trends and financial planning.
