Nepal Rastra Bank released the official foreign exchange rates for Tuesday. The central bank updates these rates daily based on global market trends and local currency movements.
The exchange rate for the US Dollar has slightly dropped. The buying rate is NPR 138.51, and the selling rate is NPR 139.11. These rates show a small decrease compared to the previous day.
The Euro is trading at NPR 158.79 for buying and NPR 159.48 for selling. The UK Pound Sterling is set at NPR 185.29 for buying and NPR 186.09 for selling.
The Swiss Franc stands at NPR 169.19 for buying and NPR 169.93 for selling. These rates reflect minor changes and help guide banks and businesses dealing with foreign currencies.
The Australian Dollar has been fixed at NPR 88.37 for buying and NPR 88.75 for selling. Meanwhile, the Canadian Dollar is set at NPR 100.48 for buying and NPR 100.91 for selling.
The Singapore Dollar is trading at NPR 107.12 for buying and NPR 107.59 for selling. These figures are important for businesses involved in international trade with Southeast Asia.
For 10 Japanese Yen, the buying rate is NPR 9.37 and the selling rate is NPR 9.41. One Chinese Yuan costs NPR 19.27 to buy and NPR 19.35 to sell.
The Saudi Arabian Riyal stands at NPR 36.92 for buying and NPR 37.08 for selling. The Qatari Riyal is set at NPR 38.00 for buying and NPR 38.16 for selling.
The Thai Baht is priced at NPR 4.20 for buying and NPR 4.22 for selling. The UAE Dirham is trading at NPR 37.72 for buying and NPR 37.88 for selling. These Gulf currencies are closely followed by Nepali workers and families who depend on remittances.
The Malaysian Ringgit is set at NPR 32.25 for buying and NPR 32.39 for selling. The South Korean Won, for every 100 units, is priced at NPR 9.69 for buying and NPR 10.00 for selling.
In European currencies, the Swedish Krona is NPR 14.22 for buying and NPR 14.29 for selling. The Danish Krone is NPR 21.29 for buying and NPR 21.38 for selling.
The Hong Kong Dollar is trading at NPR 17.64 for buying and NPR 17.72 for selling. The Kuwaiti Dinar, one of the highest-valued currencies, is priced at NPR 452.06 for buying and NPR 454.02 for selling.
The Bahraini Dinar stands at NPR 367.11 for buying and NPR 368.70 for selling. The Omani Riyal follows closely with NPR 359.74 for buying and NPR 361.30 for selling.
The Indian Rupee is a major trading currency for Nepal. The buying rate for 100 Indian Rupees is NPR 160.00, and the selling rate is NPR 160.15. This rate affects cross-border trade and daily expenses for people living near the India-Nepal border.
Nepal Rastra Bank has stated that these rates are subject to change. Adjustments may happen during the day if there are major shifts in the global currency market.
These daily updates play a key role in guiding banks, importers, exporters, and travelers. The rates help in planning business transactions, foreign travel, and remittance transfers.
By publishing the rates daily, the central bank promotes transparency in the financial market. It also helps to protect the value of the Nepali Rupee by responding to global currency movements.
Nepal Rastra Bank encourages the public to check its website regularly for the latest updates. This helps users stay informed and make smart financial decisions based on current rates.
