This is a foreign exchange guide to Nepal, the Nepalese Rupee currency plus sending NPR transfers and travel tips.
In this Nepal currency guide we take a look at :
- Nepalese Rupee info - general info about the Nepalese Rupee
- Nepalese Rupee in the markets - recent NPR moves and predictions from the FX markets
- Travelling in Nepal - currency & money saving tips
- Buying Nepalese Rupee cash online - travel money for Nepal
- Sending money to Nepal - save on Nepalese Rupee bank transfers to Nepal
- Nepalese Rupee exchange rates - latest & historic exchange rates.
Nepalese Rupee (NPR) general currency information
What is the Nepalese Rupee currency code and symbol?
The three letter currency code for the Nepalese Rupee is NPR and the symbol is ₨.
Is the Nepalese Rupee a closed currency?
Yes the Nepalese Rupee is a closed currency. Which means that you may find it difficult to purchase the currency (NPR) before departure and will probably need to buy it upon arrival. If you do manage to buy some of the currency or have some left over from a previous trip, make sure you are aware if you are allowed to bring this closed currency into the country.
For more information and a full list of closed currencies please refer to our guide: What is a closed currency?
Which countries use the Nepalese Rupee?
It is the domestic currency in Nepal.
Nepalese Rupee (NPR) in the markets
The interactive chart below shows the USD to NPR exchange rate and trend for the previous 3 months:
Travel, Currency and Money saving tips for Nepal
Nepal might be my favourite place, lovely people, stunning ancient cities, and of course the Himalayas. Do not trek alone, there are frequent changes to the paths due to avalanches and some can be risky. If you hear mule bells on a high path hug the wall. The mules coming will push everything out of their way and you want to be on the good side of that. Avoid water that is not bottled or boiled. Avoid raw vegetables and pre-cut fruit as much as possible.
Do not give money to beggars that you see on the streets. Even though they look pitiful, your giving away of money that will probably go to someone else. Be sure to exchange back all the Nepalese currencies before you leave. They are not accepted (or even exchanged for that matter) outside of Nepal.
Do not fully rely on schedules and times that are committed to you whether in verbal or written while you are in Nepal . They may not commence in time as stated or committed and may end up disrupting all your subsequent schedule. Have time buffer as much as you can between your major plans and activities, especially if you have a hard stop date that you need to fly out by. You can get a visa for Nepal on arrival at the airport, if you are planning to apply for the Visa at the airport, make sure to have passport size photo available. Plan B is to have your photo taken at the booth at the airport.
Travel money for Nepal
As mentioned above, the Nepalese Rupee is a closed currency. Which means that you may find it difficult (or be permitted) to purchase the currency (NPR) before departure and will need to buy it upon arrival in Nepal.
For these types of destinations, using a pre-paid travel card is a good solution. As no travel cards support loading closed currencies like the NPR you will incur currency conversion or foreign transaction fees if you use a travel money card in Nepal.
However, using a pre-paid travel card is still a good idea as you can avoid ATM fees and also you can avoid using (and losing!) your main bank or debit/credit card.
Nepal Trip Checklist
Sending money to Nepal
When searching around for information on how to get a good exchange rate when sending money to Nepal you need to start with finding out the latest Nepalese Rupee foreign-transfer exchange rate.
Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).
Get a better deal for foreign transfers to Nepal
When sending money to Nepal it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or Nepalese Rupee amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted NPR amount will be transfered to the recipient account you specify in Nepal.
Use our Send to NPR calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Nepalese Rupee deposited into the recipient bank account and less margins and fees kept by the banks!