The Nepal Rastra Bank (NRB) has released its daily foreign exchange rates for today, reflecting stability in the U.S. dollar, a rise in the euro, and a slight decline in the pound sterling. The Australian dollar and Qatari riyal have both experienced small drops in value in the Nepalese market.
As per the NRB, the buying rate for one U.S. dollar stands at NPR 134.07, with the selling rate at NPR 134.67. This rate is unchanged from Wednesday. Meanwhile, the euro has shown an increase, with today’s buying rate at NPR 148.18 and the selling rate at NPR 148.84, compared to yesterday’s rates of NPR 147.95 and NPR 148.62, respectively.
The pound sterling has seen a minor drop, with today’s buying rate at NPR 175.52 and the selling rate at NPR 176.30, down from Wednesday’s rates of NPR 175.58 and NPR 176.37. Similarly, the Australian dollar has also decreased slightly, with a buying rate of NPR 89.39 and a selling rate of NPR 89.79, down from the previous day’s rates of NPR 89.41 and NPR 89.81.
In other currencies, the Saudi Arabian riyal remains stable with a buying rate of NPR 35.73 and a selling rate of NPR 35.89. However, the Qatari riyal has seen a slight drop, with the buying rate at NPR 36.77 and the selling rate at NPR 36.94, compared to Wednesday’s rates of NPR 36.78 and NPR 36.95.
Additionally, the Swiss franc is trading with a buying rate of NPR 158.45 and a selling rate of NPR 159.16, while the Canadian dollar is set at NPR 98.73 for buying and NPR 99.17 for selling. The Singapore dollar stands at NPR 102.97 for buying and NPR 103.43 for selling.
Regarding Asian currencies, the Japanese yen (10 units) is valued at NPR 9.46 for buying and NPR 9.50 for selling. The Chinese yuan’s buying rate is NPR 18.85, while the selling rate is NPR 18.94. The Thai baht is trading at NPR 3.98 for buying and NPR 4.00 for selling.
In the Gulf region, the UAE dirham’s buying rate is NPR 36.50, with the selling rate at NPR 36.67. The Kuwaiti dinar, a high-value currency, is set at NPR 438.95 for buying and NPR 440.92 for selling. The Bahraini dinar’s buying rate is NPR 355.72, with the selling rate at NPR 357.31.
Nepal Rastra Bank sets daily foreign exchange rates, excluding coins from currency exchange. It allows the exchange of only Indian rupees (INR) in denominations up to INR 100 or below.
Additionally, individuals, whether Nepali or foreign nationals are allowed to carry or bring up to USD 5,000 or equivalent in foreign convertible currency when traveling to or from Nepal. Any amount beyond this must be declared at customs. Nepali citizens can also hold up to USD 1,500 or equivalent in foreign convertible currency, provided its source is disclosed.
Damaged or worn foreign currency notes, including those torn, dirty, burned, or affected by water or insects, can only be exchanged based on the NRB’s clean note policy. These rates are critical for tourists, businesses, and remittances, helping guide international transactions in Nepal.
