Nepal Rastra Bank (NRB), the central monetary authority of the country, has released the official foreign currency exchange rates for today, providing detailed buying and selling values of major international currencies. As per the notice issued by the bank, these rates are subject to change at any time, depending on market conditions, and serve as a reference point for financial institutions and individuals engaged in foreign currency transactions.
US Dollar and European Currencies
According to the latest data from NRB, the US dollar, the most traded foreign currency in Nepal, has been pegged at Rs. 137.15 for buying and Rs. 137.75 for selling. This minor fluctuation compared to the previous day indicates ongoing volatility in the global currency market.
The European euro, another significant currency in Nepal’s trade and remittance sectors, has been priced at Rs. 156.12 (buying) and Rs. 156.81 (selling). Similarly, the British pound sterling is set at Rs. 185.41 for buying and Rs. 186.22 for selling, reflecting its continued strength against the Nepali rupee. The Swiss franc, often used for international business transactions and financial reserves, is priced at Rs. 166.54 (buying) and Rs. 167.26 (selling).
Other Major Currencies
In the Asia-Pacific region, rates for popular currencies are as follows: the Australian dollar is set at Rs. 88.83 for buying and Rs. 89.21 for selling, while the Canadian dollar stands at Rs. 100.03 (buying) and Rs. 100.46 (selling). The Singapore dollar is traded at Rs. 106.35 (buying) and Rs. 106.82 (selling).
Japan’s yen, a critical currency especially for import-export businesses, is calculated in terms of 10 units. Today, 10 Japanese yen can be bought at Rs. 9.51 and sold at Rs. 9.55. Meanwhile, the Chinese yuan, an increasingly influential currency due to rising trade relations with Nepal, is priced at Rs. 19.08 (buying) and Rs. 19.16 (selling).
Middle Eastern Currencies
Currencies from the Gulf region, vital for Nepal due to large volumes of remittances from Nepali migrant workers, have also been updated. The Saudi Arabian riyal stands at Rs. 36.57 (buying) and Rs. 36.73 (selling), while the Qatari riyal is slightly higher at Rs. 36.62 (buying) and Rs. 36.73 (selling).
The UAE dirham, another major remittance-linked currency, is fixed at Rs. 37.34 (buying) and Rs. 37.50 (selling). Other Gulf currencies include the Kuwaiti dinar, the highest-valued foreign currency in today’s list, at Rs. 447.48 for buying and Rs. 449.44 for selling, followed by the Bahraini dinar at Rs. 363.79 (buying) and Rs. 365.38 (selling). The Omani riyal is close behind at Rs. 356.26 for buying and Rs. 357.82 for selling.
Other Asian and European Currencies
Among additional Asian currencies, the Thai baht is available at Rs. 4.19 (buying) and Rs. 4.21 (selling), while the Malaysian ringgit is priced at Rs. 32.29 (buying) and Rs. 32.43 (selling). South Korea’s currency, the won, calculated per 100 units, is at Rs. 10.04 for buying and Rs. 10.09 for selling.
From Scandinavia, the Swedish krona is at Rs. 14.27 (buying) and Rs. 14.33 (selling), and the Danish krone is listed at Rs. 20.93 (buying) and Rs. 21.03 (selling). The Hong Kong dollar, relevant especially for business and transit travelers, is listed at Rs. 17.48 (buying) and Rs. 17.55 (selling).
Indian Currency Rate Fixed
With India being Nepal’s closest trade and geopolitical partner, the exchange rate of the Indian rupee (INR) holds special importance. Today, INR 100 is valued at Rs. 160.00 for buying and Rs. 160.15 for selling. This fixed exchange rate system with India continues to support stability in cross-border trade and daily transactions.
Rates Subject to Change, Commercial Bank Prices May Vary
Nepal Rastra Bank has clarified that these rates are indicative and may be revised anytime depending on foreign currency market trends. Furthermore, it has also emphasized that exchange rates set by commercial banks may differ slightly based on their internal policies and transaction fees.
NRB further informed the public that the most accurate and updated foreign exchange rates are available on the official website of the central bank, and encouraged users, especially travelers, importers, exporters, and foreign exchange dealers, to check the site regularly for real-time updates.
As foreign currency fluctuations continue to influence Nepal’s economic activities, from remittance inflows to tourism and trade, these exchange rates play a critical role in the nation’s financial planning and day-to-day business transactions. For those involved in international dealings, today’s update by NRB provides a vital reference point, ensuring transparency and consistency across the country’s financial institutions.
