Foreign exchanges are mandatory service that lets the nation race with time and makes a stand in the world. It is the means to making international transactions and keeping up pace with the world. For individuals, it becomes important to monitor Foreign Exchange Rates in Nepal for a better rate and conversion of their currencies. USD to NPR is the most prominent forex transaction as most tourist destinations bound you to carry Dollars rather than any other currency.
With an exchange rate of around Rs 132 for each dollar, $1000 becomes Rs 1,32,000 in Nepal.
Depending upon the current rate, the value of $1 is around 132 Npr.
Forex Chart for Different currencies compared to NPR
Here are the Nepal Rastra Bank Exchange rates as of Thursday, 11th August 2023. The prices usually fluctuate within the close proximity of the below-mentioned values;
|South Korean Won||KRW||100||10.01||10.11|
|Hong Kong Dollar||HKD||1||16.83||17|
USD to NPR
The USD-NPR transactions are at the apex in terms of daily volume and demand. This is the reason that the USD is the most demanded currency around the globe. Dollars are widely accepted and used in countries like the United States, the United Kingdom, New Zealand, Australia, etc. There are multiple money transfer services that charge fees in addition to the exchange rate to send money.
The exchange rate for the Nepalese rupee into US dollars is continually soaring. The value of a Dollar to the Nepalese Rupee is around 130 these days. This is also the all-time high value for the Dollar rate. The lowest value of the Dollar to NPR lay around Rs 63 in 2007. The currency converter information is readily available on the internet.
After Dollars, the most used currency in Nepal is Rupee from India. They have a steady fixed rate to convert INR into NPR and vice versa.
Stay tuned for more details on other currencies in relation to NPR.