Nepal Rastra Bank (NRB), the country’s central banking authority, has announced the official foreign currency exchange rates for today, providing updated benchmarks for buying and selling various international currencies. These rates serve as a reference for financial institutions and currency traders across the nation. The central bank’s daily bulletin includes rates for major global currencies such as the US Dollar, Euro, British Pound, and many others.
US Dollar Valued at Over NPR 140
As per the official rates published today, the buying rate for one US Dollar is NPR 139.86, while the selling rate is fixed at NPR 140.46. The US Dollar remains a dominant foreign currency in Nepal’s import-export and remittance economy, and even small fluctuations in its value can have broad economic implications.
Euro, Pound Sterling, and Swiss Franc Maintain Strong Rates
The Euro, the official currency of the European Union, has been pegged at NPR 159.99 for buying and NPR 160.68 for selling. Similarly, the British Pound Sterling maintains one of the highest values among the listed currencies, with a buying rate of NPR 184.99 and a selling rate of NPR 185.78.
The Swiss Franc, another strong currency often associated with stability, has a buying rate of NPR 172.06 and a selling rate of NPR 172.80 today. These currencies are vital for Nepal’s international trade and travel industries, and any variation directly impacts overseas transactions and business costs.
Exchange Rates for Major Asian and Pacific Currencies
Among Asia-Pacific currencies, the Australian Dollar is being traded at NPR 90.10 for buying and NPR 90.49 for selling. The Canadian Dollar stands at NPR 101.04 for buying and NPR 101.47 for selling, while the Singapore Dollar is marked at NPR 107.80 and NPR 108.26 for buying and selling respectively.
Japan’s currency, the Yen, which is calculated per 10 units, is trading at NPR 9.32 for buying and NPR 9.36 for selling. Meanwhile, the Chinese Yuan has been set at NPR 19.44 for buying and NPR 19.52 for selling.
In the Gulf region, the Saudi Arabian Riyal is being exchanged at NPR 37.28 for buying and NPR 37.44 for selling. The Qatari Riyal is pegged at NPR 38.37 and NPR 38.53 for buying and selling respectively.
Rates for Other Regional and Global Currencies
Thailand’s Baht is fixed at NPR 4.28 for buying and NPR 4.30 for selling. The UAE Dirham stands at NPR 38.08 (buying) and NPR 38.24 (selling), reflecting stable currency movement in the Gulf economies.
The Malaysian Ringgit has been set at NPR 32.79 for buying and NPR 32.93 for selling, while the South Korean Won, valued per 100 units, is being exchanged at NPR 10.03 (buying) and NPR 10.07 (selling).
Among the Scandinavian currencies, the Swedish Krona is pegged at NPR 14.34 for buying and NPR 14.40 for selling, and the Danish Krone is valued at NPR 21.44 (buying) and NPR 21.53 (selling).
High-Value Currencies: Kuwaiti Dinar Tops the List
Among the most valuable currencies listed, the Kuwaiti Dinar holds the highest exchange rate today. It is being traded at NPR 457.18 for buying and NPR 459.14 for selling, indicating its continuing strength in the global forex market. Similarly, the Bahraini Dinar stands at NPR 370.98 (buying) and NPR 372.57 (selling), while the Omani Riyal is being exchanged at NPR 363.26 for buying and NPR 364.82 for selling. Hong Kong’s Dollar is pegged at NPR 17.82 for buying and NPR 17.89 for selling, reflecting moderate value among Asian currencies.
Indian Rupee Peg and Market Flexibility
The Indian Rupee, which holds a special peg with the Nepali currency, is listed at a buying rate of NPR 160.00 and a selling rate of NPR 160.15 per 100 Indian Rupees. This fixed rate, although marginally adjustable, plays a critical role in cross-border trade, remittance inflows, and consumer pricing in the southern regions of Nepal.
Exchange Rates Subject to Change
Nepal Rastra Bank has stated that the published exchange rates are subject to change at any time based on market conditions, foreign currency reserves, and external economic pressures. These rates are intended as a reference and may vary slightly from those offered by commercial banks and authorized foreign exchange counters.
NRB has also informed that the updated and verified exchange rates are regularly published on the official website of the central bank, and the public is encouraged to check the online portal for the most accurate and timely information.
Exchange Rates Vital for Economic Stability
The daily publication of foreign exchange rates by Nepal Rastra Bank is a crucial mechanism for maintaining transparency, financial regulation, and confidence in the country’s monetary policy. These rates affect every sector, from international business and import-export to tourism, remittance, and personal travel. As Nepal’s economy remains integrated with global markets, monitoring and adapting to exchange rate fluctuations remains essential for both individuals and institutions.
