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|Rate (in INR)
The Nepalese Rupee or NPR is the official legal tender of the Federal Democratic Republic of Nepal. The Nepalese Rupee represented by the symbol रु, is subdivided into 100 paise. The Nepalese Rupee is issued and circulated by the Nepal Rastra Bank. Nepalese rupee in the past was printed in the security press in Nashik, India without any security features. The conversion of Nepalese Rupee to INR is based on the exchange rate 1 NPR is equal to about 0.2-0.8 Indian rupees.
Nepal being at the foot of the Himalayan Mountains is one of the key reasons that attract tourists into the country. Since most of these tourists carry either USD or INR, the exchange houses accept USD and INR and convert these to NPR. Since Nepal was a country under the rule of a royal family once, the country hosts many palaces and architectural wonders. Nepal being mostly a country with direct access to the Mt. Everest in the Himalayas, many consider Nepal as the best starting point to summit the mountain. And also it’s the easiest place that provides access to the equipment related to climbing the mountain. Most of the expeditions to Himalaya, whether it is scientific or sightseeing starts from Nepal. There are even chartered flights available in Nepal that can fly you over some regions of the Himalayas.
Nepalese Rupee does not impose any demand in need or to exchange in the market. Hence the currency is not kept in forex centres anywhere and because the currency is only circulated within Nepal, exchange of Nepalese Rupee and INR is quite difficult in other countries other than Nepal. So the currency exchange is always performed in Nepal when you are visiting the country. To facilitate the conversion of Nepalese Rupee to INR, a visitor from India to nepal is required to convert the equivalent of required NPR currency into US Dollars. Since USD is available anywhere in India, it is always best to convert INR to USD on foreign trips. Then The USD is converted to the required Nepalese Rupee currency. This is the most common and hassle-free way of obtaining forex.
|Paisa ( 1 Rupee= 100 Paisa)
|1, 2, 5, 10, 20, 25, 50, 100, 250, 500, 1000 Rupee
|1, 5, 10, 25, 50 paisa, 5, 10 Rs
Whenever you want to visit Nepal for whatever reasons, it is important to have the Nepalese Rupee currency at hand. Since most of the transactions at local market places are done through cash, it is always wise to keep some with you. Though forex cards are also available for using abroad, they might not be accepted everywhere. The exchange of INR to NPR is facilitated by converting INR to USD and then converting USD to NPR at the exchange houses in Nepal. With ExTravelMoney.com experience the best rates of USD of the day. With options to choose vendors you prefer, you just have to place the order and wait for our customer care executive to contact you for assisting in the completion of the transaction. You can pay for the order online and ask for the vendor to provide services at your doorstep.
Converting NPR to INR is quite difficult in India. As there is no high demand for the Nepalese Rupee in the market, currency exchangers in India does not always directly provide their services to convert NPR to INR. The most efficient method of doing so is to convert the Nepalese Rupee into equivalent USD. Since every exchange houses accept USD, it can be converted into INR anywhere in India. With ExTravelMoney.com find the nearest vendor that provides the best rates for USD in your region. Simply make the order online and our customer care executive will call you. You can request a door-delivery option to receive cash and to pick-up the necessary KYC documents.
The process of sending money from India to Nepal cannot simply done by anyone. Since it’s quite complicated to send money abroad than within the country, the process is carried out by a financial institution. And because of the fact that INR cannot be directly send as NPR. For international transfer, equivalent currency in USD is used. USD is then converted to NPR at the destination country bank. Since USD accepted worldwide this is the most suitable wy. With ExTravelMoney.com geth the best forex rates from our vendors. Then you just have to place the order online and make payment. You can request the vendor to arrange doorstep services for picking up KYC documents. The entire process could take upto 3 days for the banks to complete the transaction.
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