The Rupee is the official currency of Nepal and is divided into paisa. The Nepal Rastra Bank controls the issuing of currency. Unlike many countries, Nepal has three main exchange rates: When you leave Nepal from the Kathmandu airport, you will be limited on how many Rupees you can convert back to foreign currency.

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Nepal Rastra Bank - Central Bank of Nepal

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To block, delete or manage cookies, please visit aboutcookies. Restricting cookies will prevent you benefiting from some of the functionality of our website. Download our Mobile Apps Currency Converter App Forex Trade App. Overview The Rupee is the official currency of Nepal and is divided into paisa. The major types of produce include tea, rice, corn, wheat, sugarcane, milk, and water buffalo meat. Skilled labor represents one of the biggest impediments to economic growth.

Nepal is a recipient of aid from many Asian, North American, and European nations.

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Exports primarily consist of commodities gold, machinery, petroleum products, fertilizer , textiles carpets, leather goods, clothing , and grains. In Nepalese, mohru was the first name of the Rupee. In , the value of the Nepalese Rupee was pegged to the Indian Rupee at a rate of 1. In , aluminum coins were introduced to replace the smaller denomination 1, 2, and 5 paisa, and brass coins replaced the 10 paisa coin.

Banknotes were introduced in , in 1, 5, 10, and Rupee denominations. Symbols and Names Symbols: Central Bank Nepal Rastra Bank. Countries Using This Currency Nepal.

NPR Is Pegged To: Find Other Currencies Bangladeshi Taka BDT Bhutan Ngultrum BTN Indian Rupee INR Myanmar Kyat MMK Sri Lanka Rupee LKR Currency Facts Home. Losses can exceed investment.