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Currency & Exchange

Currency of Nepal: Nepalese Rupee

KathmanduLocal time

Nepalese Rupee ยท NPR ยท National

Nepalese Rupee
ISO NPR ยท NEPAL
Nepalese Rupee
ISO codeNPR
Monetary authorityNepal Rastra Bank
NPR
ISO 4217 code
Currency identifier
1
Currencies with an official role
National
NPR
Display identifier
ISO code used where a standalone symbol is not shown
Pegged
Exchange-rate context
Formal monetary link
CurrencyNepalese Rupee
ISO codeNPR
Largest noteRs1,000
Largest coinRs2
Current note seriesCurrent legal-tender family with legacy denominations

Who Issues Nepalese Rupee in Nepal

The monetary framework in Nepal uses the Nepalese Rupee (NPR) as its national unit. The currency is displayed as NPR here, and standardized financial datasets identify it numerically as ISO 4217 code 524. The currency is not treated as freely floating: its framework includes a documented exchange-rate peg.

Nepal Rastra Bank manages the Nepalese Rupee within Nepal's national monetary system and also maintains the documented exchange-rate link attached to NPR. In Nepal, that exchange-rate link does not change NPR's status as a national currency.

Currency architectureNational
Primary currencyNepalese Rupee (NPR)
Monetary authorityNepal Rastra Bank
ModifiersPegged

When checking Nepalese Rupee values in Nepal, Nepal Rastra Bank manages the monetary framework for the Nepalese Rupee in Nepal. NPR is therefore a nationally administered currency rather than an externally issued unit.

Exchange Rate for NPR

Latest available reference rate*Loading...
Checking USD/NPR
Latest official/reference observation where supported. Source and date are shown after loading; this is not a trading quote.
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For readers comparing NPR, match both the currency pair and the observation date before comparing reference rates. Actual conversion costs depend on the provider's spread, fees and timing.

Banknotes and Coins

Banknotes

Nepal Rastra Bank lists eleven note denominations in circulation: Rs1, Rs2, Rs5, Rs10, Rs20, Rs25, Rs50, Rs100, Rs250, Rs500 and Rs1,000.

Rs1
Rs2
Rs5
Rs10
Rs20
Rs25
Rs50
Rs100
Rs250
Rs500
Rs1,000

Coins

Nepal Rastra Bank's Mint Division manages circulation coins of Rs1 and Rs2.

Rs1
Rs2

Frequently Asked Questions

What currency is used in Nepal?

The Nepalese Rupee (NPR) is the national currency of Nepal. Nepal Rastra Bank is responsible for the domestic monetary framework. The exchange-rate framework for NPR in Nepal also includes the documented peg or managed link shown on this guide.

Who manages the currency system in Nepal?

Nepal Rastra Bank is the main monetary authority identified for Nepal.

Are the exchange rates for Nepal real-time?

When reading an NPR conversion, a supported conversion is based on the latest reference observation available to the tool, with the observation date shown. It should not be read as a live executable quote. That preserves the quoted pair easy to interpret.

Data note: Figures marked with * are sourced from external institutions or data providers and may change after publication. Exchange rates, payment statistics and other time-sensitive figures are provided for general reference and may not reflect current market, bank, card-network or transaction rates. DigifyWorld aims to use reliable sources and keep information current, but cannot guarantee that all data is complete, real-time or 100% accurate. Check the cited source or relevant monetary authority when making financial decisions.

Sources & methodology

Nepal Rastra Bank is the principal reference used here for institutional facts about Nepalese Rupee in Nepal. NPR identification follows ISO 4217, while exchange-arrangement classification is kept separate from dated market observations. It keeps the exchange-rate context transparent.

View sources used for this page
Exchange-rate note: the NPR converter for Nepal requests a supported reference-rate source and displays the observation date. If no supported observation is available, the converter shows that a reference rate is unavailable instead of estimating one.