The Nepal Rastra Bank (NRB) has released the official foreign exchange rates for today, setting the benchmark for currency trading in the country. These exchange rates are crucial for businesses, travelers, and financial institutions dealing with foreign currencies.
Exchange Rates of Major Currencies
According to NRB, the exchange rate for the US Dollar (USD) stands at NPR 136.92 for buying and NPR 137.52 for selling. The Euro (EUR) is valued at NPR 148.16 for buying and NPR 148.81 for selling.
Similarly, the British Pound Sterling (GBP) is set at NPR 177.36 for buying and NPR 178.14 for selling, while the Swiss Franc (CHF) is exchanged at NPR 155.27 for buying and NPR 155.95 for selling.
For the Australian Dollar (AUD), the rates are NPR 86.53 for buying and NPR 86.91 for selling. Likewise, the Canadian Dollar (CAD) stands at NPR 95.85 for buying and NPR 96.27 for selling. The Singapore Dollar (SGD) is traded at NPR 102.52 for buying and NPR 102.96 for selling.
Asian Currencies and Middle Eastern Exchange Rates
The Japanese Yen (JPY), for every 10 units, is set at NPR 9.12 for buying and NPR 9.16 for selling. The Chinese Yuan (CNY) is valued at NPR 18.86 for buying and NPR 18.94 for selling.
In the Middle Eastern exchange, the Saudi Arabian Riyal (SAR) is priced at NPR 36.50 for buying and NPR 36.66 for selling. The Qatari Riyal (QAR) has been set at NPR 37.56 for buying and NPR 37.73 for selling.
Additional Currencies and Exchange Rates
The Thai Baht (THB) has a buying rate of NPR 4.04 and a selling rate of NPR 4.06. The UAE Dirham (AED) is priced at NPR 37.28 for buying and NPR 37.44 for selling, while the Malaysian Ringgit (MYR) is set at NPR 30.87 for buying and NPR 31.00 for selling.
Similarly, the South Korean Won (KRW), for every 100 units, is traded at NPR 9.34 for buying and NPR 9.38 for selling. The Swedish Krona (SEK) has a buying rate of NPR 13.67 and a selling rate of NPR 13.73, while the Danish Krone (DKK) is set at NPR 19.86 for buying and NPR 19.95 for selling.
For other major currencies, the Hong Kong Dollar (HKD) is exchanged at NPR 17.61 for buying and NPR 17.69 for selling. The Kuwaiti Dinar (KWD) has a buying rate of NPR 444.06 and a selling rate of NPR 446.00. Similarly, the Bahraini Dinar (BHD) is priced at NPR 363.17 for buying and NPR 364.76 for selling, while the Omani Riyal (OMR) stands at NPR 355.71 for buying and NPR 357.26 for selling.
Lastly, the Indian Rupee (INR) remains a key currency for Nepal, with an exchange rate of NPR 160.00 for buying and NPR 160.15 for selling per 100 Indian Rupees.
Market Impact and Observations
These exchange rates play a vital role in Nepal’s trade and financial sectors. The fluctuations in the foreign exchange market impact remittances, import-export businesses, and travel expenses. With global economic conditions constantly evolving, the exchange rates set by Nepal Rastra Bank serve as an essential guide for economic activities in the country.
The rates are subject to daily fluctuations based on international currency values, so businesses and individuals dealing with foreign currencies are advised to stay updated on these changes. For further details, visit the official website of Nepal Rastra Bank or consult authorized financial institutions.
