Nepal Rastra Bank (NRB), the central bank of Nepal, has released the official foreign exchange rates for today, offering updated buying and selling rates for various international currencies. According to NRB, the exchange rate of the U.S. Dollar has been fixed with a buying rate of NPR 137.04 and a selling rate of NPR 137.64 per dollar. These rates serve as the benchmark for financial institutions and currency traders throughout the country.
The European Euro (EUR) has been valued at NPR 149.98 for buying and NPR 150.64 for selling. Meanwhile, the British Pound Sterling (GBP), one of the strongest currencies in the global market, stands at NPR 175.62 for buying and NPR 176.39 for selling. The Swiss Franc (CHF) has been set at a buying rate of NPR 160.34 and a selling rate of NPR 161.04.
For those dealing with currencies from the Pacific region, the Australian Dollar (AUD) has been fixed at NPR 82.95 for buying and NPR 83.31 for selling, while the Canadian Dollar (CAD) has been valued at NPR 96.22 for buying and NPR 96.64 for selling. The Singapore Dollar (SGD) has been set at NPR 101.79 for buying and NPR 102.24 for selling, reflecting steady demand for trade and tourism transactions.
In the Asian region, the Japanese Yen (JPY), calculated for 10 units, stands at NPR 9.36 for buying and NPR 9.41 for selling. Similarly, the Chinese Yuan (CNY) is pegged at NPR 18.74 for buying and NPR 18.83 for selling, indicating a minor fluctuation amid ongoing trade engagements between Nepal and China. The Saudi Arabian Riyal (SAR) is valued at NPR 36.50 for buying and NPR 36.66 for selling, while the Qatari Riyal (QAR) stands at NPR 37.59 for buying and NPR 37.76 for selling, reflecting the significance of these currencies for Nepali workers in the Gulf region.
In terms of other Asian currencies, the Thai Baht (THB) has been valued at NPR 3.97 for buying and NPR 3.98 for selling. The United Arab Emirates Dirham (AED), another crucial currency for overseas remittance, has been set at NPR 37.31 for buying and NPR 37.47 for selling. Likewise, the Malaysian Ringgit (MYR) is trading at NPR 30.59 for buying and NPR 30.72 for selling.
The South Korean Won (KRW), which is measured per 100 units, has been valued at NPR 9.36 for buying and NPR 9.40 for selling. The Scandinavian currencies also feature in today’s exchange list, with the Swedish Kroner (SEK) fixed at NPR 13.58 for buying and NPR 13.64 for selling, and the Danish Kroner (DKK) standing at NPR 20.10 for buying and NPR 20.18 for selling.
In East Asia, the Hong Kong Dollar (HKD) is trading at NPR 17.64 for buying and NPR 17.72 for selling. Among high-value Middle Eastern currencies, the Kuwaiti Dinar (KWD) has the highest valuation, with NPR 445.21 for buying and NPR 447.16 for selling. The Bahraini Dinar (BHD) follows at NPR 363.47 for buying and NPR 365.06 for selling. Likewise, the Omani Riyal (OMR) is valued at NPR 355.99 for buying and NPR 357.54 for selling.
For neighboring India, a key trading and economic partner of Nepal, the exchange rate has been set for 100 Indian Rupees (INR) at NPR 160.00 for buying and NPR 160.15 for selling. The fixed exchange rate with the Indian Rupee, though with slight variations in the selling rate, reflects the historical economic ties and cross-border transactions between the two countries.
Nepal Rastra Bank has further clarified that these exchange rates are subject to revision as per market requirements and economic conditions. The central bank maintains the authority to adjust the rates at any time depending on fluctuations in the international currency market. It also stated that the rates determined by commercial banks might slightly differ due to service charges or operational factors. For accurate and up-to-date rates, the general public and business entities are encouraged to visit the official website of Nepal Rastra Bank.
These exchange rates play a crucial role in guiding both individuals and businesses engaged in foreign trade, travel, remittance, and investment. In a nation where foreign employment significantly contributes to the economy through remittance, the valuation of currencies like the U.S. Dollar, Saudi Riyal, Qatari Riyal, and the Dirham directly affects household incomes and financial planning. On the other hand, for importers and exporters, accurate currency exchange information is essential for cost calculation, competitive pricing, and profit estimation.
By publishing regular updates, Nepal Rastra Bank continues to ensure financial transparency, stability in currency markets, and informed decision-making among stakeholders. The public, including tourists, financial institutions, and international traders, can rely on these figures for daily transactions and economic analysis.
