Nepal Rastra Bank (NRB) has published the foreign exchange rates for today, determining the buying and selling rates of various international currencies against the Nepalese rupee. According to the latest update from the central bank, the exchange rate for one U.S. dollar stands at NPR 138.22 for buying and NPR 138.82 for selling. This marks a marginal fluctuation compared to previous rates, reflecting ongoing changes in global currency trends.
In addition to the U.S. dollar, NRB has also set exchange rates for major international currencies, including the Euro, British Pound, Swiss Franc, and other commonly traded currencies. As per the latest figures, the exchange rate for one Euro has been determined at NPR 151.12 for buying and NPR 151.78 for selling, while the British Pound Sterling is valued at NPR 179.49 for buying and NPR 180.27 for selling. The Swiss Franc, another widely traded currency, has been pegged at NPR 157.17 for buying and NPR 157.85 for selling.
For other significant currencies, the Australian Dollar is set at NPR 88.05 for buying and NPR 88.43 for selling, while the Canadian Dollar is being exchanged at NPR 96.75 for buying and NPR 97.17 for selling. Similarly, the Singapore Dollar, an essential currency for trade and tourism, stands at NPR 103.80 for buying and NPR 104.25 for selling.
Asian currencies also play a vital role in Nepal’s foreign exchange market. According to NRB, the Japanese Yen (per 10 units) is valued at NPR 9.23 for buying and NPR 9.28 for selling, while the Chinese Yuan is being exchanged at NPR 19.13 for buying and NPR 19.21 for selling. The Saudi Arabian Riyal, crucial for Nepalese migrant workers in the Gulf region, stands at NPR 36.85 for buying and NPR 37.01 for selling, whereas the Qatari Riyal has been fixed at NPR 37.92 for buying and NPR 38.08 for selling.
Further, the exchange rate for the Thai Baht has been set at NPR 4.12 for buying and NPR 4.13 for selling, while the United Arab Emirates Dirham (AED) is valued at NPR 37.63 for buying and NPR 37.80 for selling. The Malaysian Ringgit, another commonly used currency by Nepali migrant workers, stands at NPR 31.10 for buying and NPR 31.23 for selling. Additionally, 100 units of South Korean Won are exchanged at NPR 9.52 for buying and NPR 9.56 for selling, while the Swedish Krona is fixed at NPR 13.72 for buying and NPR 13.78 for selling. Meanwhile, the Danish Krona is valued at NPR 20.26 for buying and NPR 20.34 for selling.
NRB has also announced the exchange rates for currencies from key financial hubs. The Hong Kong Dollar has been pegged at NPR 17.79 for buying and NPR 17.87 for selling, while the Kuwaiti Dinar, which holds one of the highest exchange values, stands at NPR 448.81 for buying and NPR 450.76 for selling. Similarly, the Bahraini Dinar is being exchanged at NPR 366.64 for buying and NPR 368.23 for selling, whereas the Omani Rial is valued at NPR 359.04 for buying and NPR 360.59 for selling.
The Indian Rupee, which holds a fixed exchange rate with Nepalese currency, remains at NPR 160 per 100 units for buying and NPR 160.15 for selling. As Nepal and India share extensive trade and financial ties, the exchange rate of the Indian Rupee is crucial for businesses and individuals engaged in cross-border transactions.
Nepal Rastra Bank has also clarified that the exchange rates published today are subject to revisions at any time based on market demand and fluctuations. Furthermore, the central bank emphasized that commercial banks and financial institutions in Nepal may set slightly different exchange rates based on their transaction policies and market conditions. For the latest updates, NRB advises individuals and businesses to check its official website, which provides real-time exchange rate information.
The fluctuation in exchange rates is influenced by various factors, including global market trends, geopolitical events, inflation rates, and interest rate policies of major economies. The ongoing economic developments worldwide, including the U.S. Federal Reserve’s monetary policies, European Central Bank decisions, and trade relations between major economies, play a significant role in determining exchange rate movements.
For Nepal, foreign exchange rates hold significant importance, especially for sectors such as tourism, remittances, and international trade. With a large portion of Nepalese citizens working abroad, remittance inflows contribute significantly to Nepal’s economy, and the exchange rate directly impacts how much Nepali families receive when converting foreign earnings into local currency. Additionally, for businesses involved in imports and exports, currency exchange rates influence pricing, competitiveness, and profitability.
NRB continues to monitor foreign exchange trends closely and ensures that Nepal’s economy remains stable despite external financial fluctuations. As Nepal gradually recovers from global economic slowdowns, maintaining a balanced exchange rate system is crucial for economic stability, inflation control, and fostering investment opportunities.
Today’s exchange rate update from NRB provides essential insights for individuals, businesses, and policymakers who rely on foreign currency transactions. As exchange rates can change rapidly due to global financial movements, stakeholders are encouraged to stay informed and make necessary financial decisions accordingly.
