Currency and Exchange Information

Currency and Credit Cards

Payment in hotels, travel agencies, and airlines are made in foreign exchange. Credit cards like American Express, Master and Visa are widely accepted at major hotels, shops, and restaurants. Remember to keep your Foreign Exchange Encashment Receipt while making foreign exchange payments or transferring foreign currency into Nepalese rupees. The receipts may be needed to change left-over Nepalese Rupees into hard currency before leaving the country. However, only 10 percent of the total amount may be converted by the bank. ATM is widely in use in Kathmandu.

Major banks, hotels, and the exchange counters at Tribhuvan Airport provide services for exchanging foreign currency.

Exchange rates are published in English dailies such as The Rising Nepal, The Kathmandu Post and The Himalayan Times. Nepalese Rupees are found in denominations of 1000, 500, 100, 50, 20, 10, 5, 2 and 1. Coins are found in denominations of 10, 25 and 50 paisa. One rupee equals 100 paisa.

Exchange

The unit of the Nepalese Currency is Rupee. One Nepali Ruppee is made up of 100 paisa. Nepali Rupee notes come in Rs. 1, 2, 5, 10, 20, 50, 100, 500, 1,000 denominations.

Foreign visitors other than the Indian nationals are required to pay their hotel bills and air tickets in foreign currency. However the other payments must always be made in Nepalese currency which can buy at foreign exchange counter at the airport. The foreign currency exchange counters of different banks are also opened at different places in the city. Foreign currencies must be exchanged only through the banks or authorized foreign exchange.

Tourists other than Indian are not allowed to import or export the Indian currency. The rate of exchange of the foreign currencies are determined by the Nepal Rastra Bank and are announced in the press daily.

Bank receipts are required for re-exchanging of currency.

Nepal currency is not applicable in India.

We are Member and Affilated with: Member