Nepalese rupee

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The Nepalese rupee (Nepali: रुपैयाँ; symbol: रु.; code: NPR) serves as the official currency of the Federal Democratic Republic of Nepal. It is divided into 100 paisa. The Nepal Rastra Bank, which is the central bank of Nepal, is responsible for the issuance of this currency. The Nepalese rupee was first introduced in 1932, replacing the Nepalese mohar at a conversion rate of 2:1.

Nepalese rupee
ISO 4217
CodeNPR
Denominations
Subunit
 ​1100Paisa
Symbolरु.
Banknotes
 Freq. usedरु. 5, रु. 10, रु. 20, रु. 50, रु. 100, रु. 500, रु. 1000
 Rarely usedरु. 1, रु. 2, रु. 25, रु. 250
Coins
 Freq. usedरु. 1, रु. 2
 Rarely used1, 5, 10, 25, 50 paisa, रु. 5, रु. 10
Demographics
Date of introduction1932
ReplacedNepalese mohar
User(s)Kingdom of Nepal (1932–2008),
   Federal Democratic Republic of Nepal (2008–present)
Issuance
Central bankNepal Rastra Bank
 Websitewww.nrb.org.np
Valuation
Inflation3.6% (2021)
 SourceStatista
Pegged withIndia Indian rupee (₹)[1]
₹1 = रु.1.60 (buy)
₹1 = रु.1.6015 (sell)
old 1 rupee banknote

NotesEdit

ReferencesEdit

  1. "Nepal Rastra Bank". nrb.org.np. Archived from the original on 25 March 2019. Retrieved 13 June 2016.