INR To NPR: Convert Indian Rupee to Nepalese Rupee - Forbes Advisor (2024)

FAQs

INR To NPR: Convert Indian Rupee to Nepalese Rupee - Forbes Advisor? ›

1 INR = 1.599875 NPR Sep 18, 2024 02:00 UTC

Kathmandu airport has a 24 hour bank exchange counter. The Nepalese rupee (Rs) is divided into 100 paisa (p). There are coins for denominations of one, two, five and 10 rupees, and bank notes in denominations of one, two, five, 10, 20, 25, 50, 100, 500 and 1000 rupees.

The exchange rate for Indian rupee to Nepalese rupees is currently 1.600 today, reflecting a 0.036% change since yesterday.

1 USD = 131.53 NPR - Today's Best US Dollar to Nepal Rupees Exchange Rates.

Although Indian currency is valid in Nepal (at an official exchange rate of 1.60 Nepalese rupees to 1 Indian rupee), the Rs. 500 and Rs. 1000 currency notes are not acceptable. Carrying 500 and 1000 Indian rupee notes is a punishable offence in Nepal.

You can't get hold of Nepalese Rupees outside of Nepal, so you'll need to wait until you arrive. You can either bring cash to exchange – most major currencies will be accepted – or use one of the ATMs which are easily found in Nepal's towns and cities.

As a tit-for-tat policy, Nepal's central bank, subsequently, banned all Indian notes above INR100 in Nepal. The 2,000 rupee note introduced by the Reserve Bank of India on November 8, 2016, too, was banned.

vThere is a fixed exchange rate between the Nepalese franc (NPR) and the Indian rupee (INR), which is 1.6 NPR for every 1 INR. The Nepalese rupee symbol is रु. The NPR has, up until this point in time, issued coins with face values of 1, 5, 10, 25, and 50 paisa each.

1 NPR = 0.624711 INR Sep 10, 2024 20:43 UTC

Check the currency rates against all the world currencies here.

Is $100 a lot of money in Nepal? ›

Nepal ($1 USD = 116,10 Nepalese Rupee)

$100 can get you pretty far in Nepal, with the average daily cost of travel hovering under $50 per day.

Currency and Money Issues: The Government of Nepal requires travelers to declare either the import or export of currency that exceeds US$5,000 USD in value by filling out a customs declaration form.

Pounds, Dollars, and the Euro are easily accepted everywhere in Nepal. It would be best to exchange other currencies in Kathmandu. Money-exchange centers outside of Kathmandu may not accept other currencies. If you are not comfortable using money exchange counters, opt for the Government affiliated ones.

Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money.

Indian banks are the trustworthy and safest place to get your currency exchanged. In addition to getting a good deal on exchange rates, you will also get great assistance from bank employees.

Try to take your money in 100s as local shops may not have change for 2000 INR. New Denomination is also now acceptable so you can easily exchange INR at Nepal . The rate of exchange is 1 INR to 1.6 NPR (to avoid confusion). 500s, 2000s and 200s are not officially accepted or allowed in Nepal.

Using your bank's ATM, or an ATM in its network, and exchange providers like Travelex are common options. Another option is to use companies such as Wise, which specializes in currency transfers and offers a debit card.