Nepal Rastra Bank (NRB) has released the official foreign exchange rates for today, determining the buying and selling rates of various international currencies against the Nepalese Rupee (NPR). These rates, applicable for banking transactions, are subject to modifications as per the central bank’s requirements.
US Dollar and Major Global Currencies
According to the exchange rate set by NRB, the buying rate for 1 US Dollar (USD) stands at NPR 138.90, while the selling rate is NPR 139.50. Similarly, the exchange rate for 1 Euro (EUR) has been set at NPR 150.95 for buying and NPR 151.60 for selling. The British Pound Sterling (GBP) is trading at NPR 179.85 for buying and NPR 180.62 for selling. The Swiss Franc (CHF) is also included in today’s exchange rate, with a buying rate of NPR 157.47 and a selling rate of NPR 158.15.
Exchange Rates for Australian, Canadian, and Asian Currencies
For those dealing in the Australian Dollar (AUD), the buying rate is NPR 87.35, while the selling rate is NPR 87.72. The Canadian Dollar (CAD) is valued at NPR 96.60 for buying and NPR 97.02 for selling. The Singapore Dollar (SGD) exchange rate has been set at NPR 104.01 for buying and NPR 104.46 for selling.
Japan’s Yen (JPY), which is often measured in units of 10, is trading at NPR 9.38 for buying and NPR 9.42 for selling. Meanwhile, the Chinese Yuan (CNY) is priced at NPR 19.17 for buying and NPR 19.25 for selling.
Exchange Rates for Middle Eastern Currencies
Several Middle Eastern currencies also feature in today’s exchange rate list. The Saudi Arabian Riyal (SAR) is set at NPR 37.04 for buying and NPR 37.20 for selling. Likewise, the Qatari Riyal (QAR) has a buying rate of NPR 38.11 and a selling rate of NPR 38.27. The United Arab Emirates Dirham (AED) is trading at NPR 37.82 for buying and NPR 37.98 for selling.
The Kuwaiti Dinar (KWD), one of the highest-valued currencies in the global market, has a buying rate of NPR 450.84 and a selling rate of NPR 452.79. Similarly, the Bahraini Dinar (BHD) is set at NPR 368.47 for buying and NPR 370.07 for selling, while the Omani Riyal (OMR) stands at NPR 360.79 for buying and NPR 362.35 for selling.
South Asian and Other Currencies
The Indian Rupee (INR) remains stable at NPR 160 for buying and NPR 160.15 for selling per 100 INR. Thailand’s Baht (THB) has been valued at NPR 4.11 for buying and NPR 4.13 for selling. The Malaysian Ringgit (MYR) is set at NPR 31.30 for buying and NPR 31.43 for selling.
Additionally, the South Korean Won (KRW) per 100 units has a buying rate of NPR 9.54 and a selling rate of NPR 9.59. The Swedish Kroner (SEK) exchange rate is NPR 13.65 for buying and NPR 13.71 for selling, while the Danish Kroner (DKK) is valued at NPR 20.24 for buying and NPR 20.33 for selling.
Hong Kong’s Dollar (HKD) is trading at NPR 17.87 for buying and NPR 17.95 for selling. These rates reflect the demand and supply trends in the foreign exchange market and serve as a reference for commercial transactions.
Possible Adjustments and Updates
Nepal Rastra Bank has clarified that these exchange rates can be revised at any time based on market fluctuations. The foreign exchange rates determined by individual commercial banks may differ slightly from the central bank’s official rates. NRB has advised businesses and individuals dealing with foreign currency to refer to its official website for real-time updates and modifications.
Foreign exchange rates play a crucial role in Nepal’s economy, influencing imports, exports, remittance inflows, and tourism-related transactions. Given the importance of exchange rate stability, Nepal Rastra Bank continuously monitors international currency trends to make necessary adjustments in line with economic conditions.
For those involved in foreign trade, remittances, and travel, staying informed about exchange rate changes is essential for better financial planning. The public is encouraged to follow Nepal Rastra Bank’s updates regularly to stay informed about any potential fluctuations in currency values. The latest exchange rate updates can be accessed on Nepal Rastra Bank’s official website, ensuring transparency and accessibility for all stakeholders.
