Nepal Rastra Bank (NRB), the central monetary authority of the country, has announced the official foreign exchange rates for June 23, 2025. The bank has released a comprehensive list of buying and selling rates for multiple international currencies, which play a vital role in facilitating international trade, tourism, remittance, and foreign investments.
USD Exchange Rates Fixed
As per the exchange rate list published by Nepal Rastra Bank, the US Dollar, one of the most traded currencies in Nepal, has been fixed at NPR 138.24 for buying and NPR 138.84 for selling. The US dollar rate is closely watched in Nepal due to its influence on international trade and remittance inflows.
Strong European Currencies: Euro and Pound Sterling
For the Euro, the bank has determined the buying rate at NPR 159.29 and the selling rate at NPR 159.98. This reflects the ongoing strength of the European currency in the global market. Similarly, the British Pound Sterling has a high valuation today, with the buying rate set at NPR 185.93 and the selling rate at NPR 186.74. The pound has traditionally remained among the highest-valued currencies exchanged in Nepal, especially relevant for Nepalese students and workers in the UK.
Rates for Other Major Global Currencies
The Swiss Franc has been pegged at NPR 169.09 (buying) and NPR 169.82 (selling). This currency is considered a stable store of value globally and has relevance in financial and trade transactions.
For Australian Dollar, the rates have been fixed at NPR 89.17 (buying) and NPR 89.56 (selling). Likewise, the Canadian Dollar stands at NPR 100.66 (buying) and NPR 101.09 (selling), maintaining its significance due to high migration and remittance links. In the case of Singapore Dollar, the buying rate is NPR 107.37 and the selling rate is NPR 107.84, reflecting trade and remittance connections with the Southeast Asian economy.
Asian Currency Trends: Yen, Yuan, and Riyals
The Japanese Yen, calculated per 10 units, has a buying rate of NPR 9.46 and a selling rate of NPR 9.50. This currency remains a significant reference due to Nepal’s trade links with Japan. The Chinese Yuan, one of the major trading partners of Nepal, has been set at NPR 19.25 (buying) and NPR 19.34 (selling), indicating a relatively stable valuation.
Among the Gulf currencies, the Saudi Arabian Riyal is pegged at NPR 36.84 (buying) and NPR 37.00 (selling). Meanwhile, the Qatari Riyal has been set at NPR 37.92 (buying) and NPR 38.09 (selling). These rates are significant due to the large Nepali workforce based in Gulf nations.
More Currencies: Dirham, Ringgit, Baht, and Won
The UAE Dirham, another important currency due to labor migration, has a buying rate of NPR 37.64 and a selling rate of NPR 37.81. The Malaysian Ringgit is trading at NPR 32.51 (buying) and NPR 32.65 (selling), while the Thai Baht is slightly lower at NPR 4.21 (buying) and NPR 4.23 (selling).
The South Korean Won, calculated per 100 units, is fixed at NPR 10.07 (buying) and NPR 10.11 (selling). These currencies have grown in importance due to rising educational and employment exchanges.
Nordic and Miscellaneous Currencies
The Swedish Krona is trading at NPR 14.30 (buying) and NPR 14.36 (selling), whereas the Danish Krona is pegged at NPR 21.35 (buying) and NPR 21.45 (selling). For Hong Kong Dollar, the buying rate is NPR 17.61 and selling rate is NPR 17.69, a minor yet notable addition for business and travel purposes.
High-Value Gulf Currencies
Among the highest-valued currencies on the list, the Kuwaiti Dinar has a buying rate of NPR 451.54 and a selling rate of NPR 453.50, maintaining its stature as one of the strongest global currencies.
Similarly, the Bahraini Dinar has been set at NPR 366.30 (buying) and NPR 367.89 (selling). The Omani Riyal, also known for its strong value, is being exchanged at NPR 359.05 (buying) and NPR 360.61 (selling).
Indian Rupee Remains Stable
The Indian Rupee, which holds a fixed exchange rate in Nepal’s system for 100 units, is set at NPR 160.00 (buying) and NPR 160.15 (selling). This rate is crucial as India remains Nepal’s biggest trade partner, and the INR is widely used in border areas and informal transactions.
Flexibility in Exchange Rate Adjustments
Nepal Rastra Bank has also stated that these exchange rates are subject to change based on market fluctuations and international currency movements. The bank retains the authority to revise the rates at any point if deemed necessary. It also reminded the public and commercial banks that the exchange rates set by individual banks may vary slightly and encouraged users to refer to the official NRB website for updated and verified information.
These daily currency updates are a vital reference for traders, remittance recipients, importers, exporters, and currency exchange service providers across the country.
