Nepal Rastra Bank (NRB), the central bank of Nepal, has published the foreign exchange rates for today, setting the benchmark for the buying and selling of various international currencies against the Nepalese Rupee (NPR). These exchange rates serve as a reference for financial institutions, businesses, and individuals engaged in foreign currency transactions.
According to NRB, the buying rate for one US dollar (USD) stands at NPR 139.24, while the selling rate is NPR 139.84. The European Euro (EUR) is valued at NPR 151.94 for buying and NPR 152.59 for selling. Similarly, the exchange rate for one British Pound Sterling (GBP) is NPR 180.41 for buying and NPR 181.19 for selling. The Swiss Franc (CHF) is being traded at NPR 157.85 for buying and NPR 158.53 for selling.
Among other major international currencies, the Australian Dollar (AUD) has been set at NPR 87.59 for buying and NPR 87.97 for selling, while the Canadian Dollar (CAD) is at NPR 96.62 for buying and NPR 97.03 for selling. The Singapore Dollar (SGD) stands at NPR 104.44 for buying and NPR 104.89 for selling.
In terms of Asian currencies, the Japanese Yen (JPY) is priced at NPR 9.37 for buying and NPR 9.41 for selling per 10 units. The Chinese Yuan (CNY) is set at NPR 19.23 for buying and NPR 19.31 for selling. Additionally, the Saudi Arabian Riyal (SAR) is at NPR 37.13 for buying and NPR 37.29 for selling, while the Qatari Riyal (QAR) is available at NPR 38.20 for buying and NPR 38.37 for selling.
The central bank has also updated the exchange rates for the Thai Baht (THB) at NPR 4.11 for buying and NPR 4.13 for selling. The United Arab Emirates Dirham (AED) is priced at NPR 37.91 for buying and NPR 38.08 for selling. The Malaysian Ringgit (MYR) is being traded at NPR 31.43 for buying and NPR 31.56 for selling. Meanwhile, the South Korean Won (KRW) is valued at NPR 9.59 for buying and NPR 9.63 for selling per 100 units. The Swedish Kroner (SEK) stands at NPR 13.82 for buying and NPR 13.88 for selling, whereas the Danish Kroner (DKK) is at NPR 20.37 for buying and NPR 20.46 for selling.
Additionally, the exchange rate for the Hong Kong Dollar (HKD) has been set at NPR 17.92 for buying and NPR 18.00 for selling. The Kuwaiti Dinar (KWD) is being traded at NPR 451.80 for buying and NPR 453.50 for selling. The Bahraini Dinar (BHD) has been set at NPR 369.36 for buying and NPR 370.95 for selling. Likewise, the Omani Riyal (OMR) is being exchanged at NPR 361.67 for buying and NPR 363.23 for selling.
Furthermore, the exchange rate for 100 units of the Indian Rupee (INR) has been determined at NPR 160.00 for buying and NPR 160.15 for selling. The exchange rate between the Nepalese Rupee and the Indian Rupee is particularly significant, given Nepal’s close economic and trade ties with India.
Nepal Rastra Bank has stated that these exchange rates may be revised at any time based on market fluctuations and economic conditions. It has also clarified that commercial banks may have slightly different rates depending on their internal policies. For the latest and most accurate exchange rates, NRB has advised individuals and businesses to visit the official website of Nepal Rastra Bank.
The daily exchange rate announcement by NRB plays a crucial role in financial planning for businesses, travelers, and investors dealing in foreign currency. As Nepal’s economy is highly dependent on remittances and international trade, exchange rate fluctuations can significantly impact various sectors, including tourism, imports, and exports.
With the ever-changing global financial landscape, keeping track of foreign exchange rates has become essential for both individuals and businesses. Nepal Rastra Bank continues to monitor global currency trends and adjust exchange rates accordingly to maintain economic stability.
