Nepalese rupee
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 | |
Code | NPR |
Denominations | |
Subunit | |
1⁄100 | Paisa |
Symbol | रु. |
Banknotes | |
Freq. used | रु. 5, रु. 10, रु. 20, रु. 50, रु. 100, रु. 500, रु. 1000 |
Rarely used | रु. 1, रु. 2, रु. 25, रु. 250 |
Coins | |
Freq. used | रु. 1, रु. 2 |
Rarely used | 1, 5, 10, 25, 50 paisa, रु. 5, रु. 10 |
Demographics | |
Date of introduction | 1932 |
Replaced | Nepalese mohar |
User(s) | Kingdom of Nepal (1932–2008),![]() |
Issuance | |
Central bank | Nepal Rastra Bank |
Website | www |
Valuation | |
Inflation | 3.6% (2021) |
Source | Statista |
Pegged with | ₹1 = रु.1.60 (buy) ₹1 = रु.1.6015 (sell) |
NotesEdit
ReferencesEdit
- ↑ "Nepal Rastra Bank". nrb.org.np. Archived from the original on 25 March 2019. Retrieved 13 June 2016.