The Nepal Rastra Bank (NRB) has announced the official foreign exchange rates for Wednesday, providing updated buying and selling rates for major international currencies. The central bank regularly publishes these rates to guide financial institutions and the public in foreign currency transactions.
Nepal Rastra Bank’s Exchange Rate
According to NRB, the buying rate of one US dollar has been fixed at Rs. 136.65, while the selling rate stands at Rs. 137.25. Similarly, for the European Euro, the buying rate has been set at Rs. 155.60 and the selling rate at Rs. 156.29. The British Pound Sterling is being exchanged at Rs. 184.42 (buying) and Rs. 185.23 (selling).
In other major currencies, the Swiss Franc has a buying rate of Rs. 166.33 and a selling rate of Rs. 167.06. The Australian Dollar is valued at Rs. 88.21 for buying and Rs. 88.60 for selling, while the Canadian Dollar is at Rs. 99.45 (buying) and Rs. 99.89 (selling). Likewise, the Singapore Dollar is being traded at Rs. 106.04 (buying) and Rs. 106.51 (selling).
Among Asian currencies, the Japanese Yen per 10 units has a buying rate of Rs. 9.55 and selling rate of Rs. 9.59, while the Chinese Yuan is being exchanged at Rs. 19.01 (buying) and Rs. 19.09 (selling). The Saudi Arabian Riyal stands at Rs. 36.43 (buying) and Rs. 36.59 (selling), and the Qatari Riyal at Rs. 37.49 (buying) and Rs. 37.65 (selling).
In the South Asian and Gulf region currencies, the Thai Baht is being traded at Rs. 4.19 (buying) and Rs. 4.21 (selling), while the UAE Dirham has a buying rate of Rs. 37.20 and a selling rate of Rs. 37.37. The Malaysian Ringgit stands at Rs. 32.19 (buying) and Rs. 32.33 (selling). Similarly, 100 South Korean Won are being exchanged at Rs. 9.93 (buying) and Rs. 9.97 (selling).
The Swedish Kroner has been valued at Rs. 14.24 (buying) and Rs. 14.30 (selling), whereas the Danish Kroner is being exchanged at Rs. 20.86 (buying) and Rs. 20.95 (selling).
Other notable currencies include the Hong Kong Dollar, which has a buying rate of Rs. 17.42 and a selling rate of Rs. 17.49. The Kuwaiti Dinar, one of the highest-valued currencies, is being traded at Rs. 445.74 (buying) and Rs. 447.70 (selling). Similarly, the Bahraini Dinar stands at Rs. 362.49 (buying) and Rs. 364.08 (selling), while the Omani Riyal is valued at Rs. 354.96 (buying) and Rs. 356.52 (selling).
For regional trade and remittances, the Indian Rupee remains a vital currency. The central bank has fixed the rate for 100 Indian Rupees at Rs. 160 (buying) and Rs. 160.15 (selling).
The Nepal Rastra Bank has stated that these rates are subject to revision based on market conditions and may be adjusted at any time as per the bank’s policy requirements. It also clarified that the actual exchange rates provided by commercial banks may vary slightly from these official rates, and up-to-date information can always be found on the NRB’s official website.
These daily exchange rate updates are crucial for importers, exporters, remittance receivers, travelers, and currency traders as they reflect Nepal’s monetary interaction with the global economy and help guide foreign exchange decisions.
