Enjoy Your Nepal Tour

This is a discussion on Enjoy Your Nepal Tour within the Casual Chat forums, part of the OTHER FORUMS category; The official currency of Nepal is the Nepalese Rupee, codenamed NPR, with the symbol as रू or Rs. The consumption level in Nepal is very ...


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    Enjoy Your Nepal Tour

    The official currency of Nepal is the Nepalese Rupee, codenamed NPR, with the symbol as रू or Rs. The consumption level in Nepal is very low: 15-30 Rupees (0.13~0.25 USD) for a liter of bottled water, NPR 300-1000 (2.51~8.38 USD) per capita for a mid-range restaurant, NPR 35-100 (0.29~0.84 USD) per kilometer for taxi fare. Moreover, tourists can easily exchange Nepal money in major cities in Nepal, or pay by credit card. So it is not necessary for foreign tourists to carry large amounts of cash when traveling in Nepal.


    Nepal currency refers to the Nepalese Rupee. Nepal currency has banknotes in 11 denomination of 1, 2, 5, 10, 20, 25, 50, 100, 250, 500, and 1000. 1 NRP is subdivided into 100 Paisa. Paisa is a coin. It is available in 9 denominations of the coin including 1, 5, 10, 20, 50 Paisa, and 1, 2, 5, 10 Rupee.


    Currency used in Nepal is independent. It is written and pronounced as Rupee, the same as the Indian Rupee, but the exchange rate to US dollars is different. It is currently pegged to the Indian Rupee, which is two-thirds of the Indian Rupee. The exchange rate between the Nepalese Rupee and Indian Rupee is fixed at 1:1.6. Once the exchange rate between the Indian Rupee and the US dollar fluctuates, so does the exchange rate between the Nepalese Rupee and the US dollar.



 

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