US Dollar to Nepalese Rupee Exchange Rate

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How can I get the best exchange rate between US dollar and the Nepalese rupee?

To get the best exchange rate between the US dollar and the Nepalese rupee, it is important to first learn the mid-market rate, or the “real” exchange rate, of the currency. Always remember that banks will not give you the real exchange rate when you exchange money with them, but instead charge you a markup on the rate, which varies from bank to bank.

Online money transfer services often offer far better exchange rates than the banks does, and some even let you exchange money at the mid-market rate for a small fixed fee. You can compare many of these online services here on Finder.com to find the one best suited for your need.

If you are planning a trip to Nepal, bringing an international credit card with you and withdrawing Nepalese rupees once in Nepal may be a good option. Foreign exchange transaction fees vary by credit card though, so make sure to check with your credit card issuer first.

US Dollar

The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.

-Currency:
+US dollar
 Currency Symbol:
-Sub unit:
+cents
-Bank notes:
+$1, $5, $10, $20, $50, $100
-Coins:
+c, 5c, 10c, 25c, 50c

Nepalese Rupee

The rupee is the official currency of Nepal, a country at the foot of the Himalayan Mountains. Agriculture and tourism are the main sources of economic growth, though Nepal still relies on foreign aid for support and development.

-Currency:
+Nepalese rupee
-Currency Symbol:
+रू
-Sub unit:
+paisa
-Bank notes:
+Rs. रू5, रू10, रू20, रू50, रू100, रू500, रू1000
-Coins:
+Rs.रू1, रू2

What affects exchange rates between the US dollar and the Nepalese rupee?

The Nepalese rupee is currently pegged to the Indian rupee at a rate of 1.60 to 1. Because of this peg, the exchange rate between the US dollar and the Nepalese rupee follows that of the US dollar and the Indian rupee.

Because the Indian rupee officially is a free-floating currency, exchange rates between Indian rupee (or Nepalese rupee) and the US dollar is subject to the supply and demand for both currencies. For example, higher interest rates in one of the countries often lead to higher exchange rates for that currency because more investors will want to invest money in the country with the higher interest rate.

There are currently no signs that the peg between the Nepalese rupee and the Indian rupee is ending. However, if you are looking to make a big investment in Nepal you should look into this more carefully and consult local experts before exchanging your money. For the time being, the Indian economy remains the key factor in determining the exchange rate between US dollar and Nepalese rupee.

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How does the Nepalese rupee trade against the US dollar historically?

The Nepalese rupee replaced the old Nepalese mohar in 1932. Between 1932 and 1994, the Nepalese rupee was pegged to the Indian rupee at a rate of 1.45 Nepalese rupee to 1 Indian rupee. In 1994, the current peg was introduced with a rate of 1.60 Nepalese rupee to 1 Indian rupee.

The Indian rupee has in turn been pegged to both the British pound and the US dollar over the years, and the peg rate has been revalued many times. Today, the Indian rupee is officially a free-floating currency. However, the Reserve Bank of India is known to intervene in the foreign currency markets to keep the exchange rate within a certain undisclosed range.

Since 2013, the exchange rate between the US dollar and the Nepalese rupee has remained between 80 and 110 Nepalese rupees for 1 US dollar.

US dollar to the Nepalese rupee for the last 10 days

	Jul 04	Jul 05	Jul 06	Jul 07	Jul 08	Jul 09	Jul 10	Jul 11	Jul 12	Jul 13
1 USD =	120.0952 Inverse: 0.0083	119.4127 Inverse: 0.0084	119.4099 Inverse: 0.0084	119.7615 Inverse: 0.0083	120.0018 Inverse: 0.0083	119.8772 Inverse: 0.0083	120.2385 Inverse: 0.0083	120.1496 Inverse: 0.0083	120.1496 Inverse: 0.0083	120.2824 Inverse: 0.0083

US dollar to the Nepalese rupee for the last 10 months

	Sep 2019	Oct 2019	Nov 2019	Dec 2019	Jan 2020	Feb 2020	Mar 2020	Apr 2020	May 2020	Jun 2020
1 USD =	113.3398 Inverse: 0.0088	113.9277 Inverse: 0.0088	115.3077 Inverse: 0.0087	113.2099 Inverse: 0.0088	113.0845 Inverse: 0.0088	113.9443 Inverse: 0.0088	118.4220 Inverse: 0.0084	121.3111 Inverse: 0.0082	121.2424 Inverse: 0.0082	120.8385 Inverse: 0.0083

US dollar to the Nepalese rupee for the last 10 years

	Jul 2010	Jul 2011	Jul 2012	Jul 2013	Jul 2014	Jul 2015	Jul 2016	Jul 2017	Jul 2018	Jul 2019
1 USD =	71.9838 Inverse: 0.0139	71.3120 Inverse: 0.0140	88.1805 Inverse: 0.0113	95.8557 Inverse: 0.0104	96.3891 Inverse: 0.0104	101.5157 Inverse: 0.0099	107.2418 Inverse: 0.0093	102.9700 Inverse: 0.0097	109.4945 Inverse: 0.0091	109.5276 Inverse: 0.0091

Market rate for common transfer amounts USD to NPR

US Dollars (USD)	Nepalese Rupee (NPR)
$1	0
$100	0
$500	0
$1000	0
$1500	0
$2500	0
$5000	0

Exchange rates from USD to other currencies

View all USD currency pair exchange rates

Adrienne Fuller

Adrienne Fuller is the head of publishing at Finder US. With a decade of experience creating guides in finance and education, she aims to deliver the accurate and transparent information she wishes she had when she made some of life's important financial decisions. For the past 3 years she has been the publisher of money transfers, helping readers save when they send money all over the globe. She has a BA from Colorado College and loves to hike with her two Catahoula dogs around her home in San Diego.

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US Dollar to Nepalese Rupee Exchange Rate

Send money to Nepal with Remitly

How can I get the best exchange rate between US dollar and the Nepalese rupee?

What affects exchange rates between the US dollar and the Nepalese rupee?

Send money from USD to NPR

Compare up to 4 providers

How does the Nepalese rupee trade against the US dollar historically?

US dollar to the Nepalese rupee for the last 10 days

US dollar to the Nepalese rupee for the last 10 months

US dollar to the Nepalese rupee for the last 10 years

Market rate for common transfer amounts USD to NPR

Exchange rates from USD to other currencies

Adrienne Fuller

Ask an Expert

US Dollar to Nepalese Rupee Exchange Rate

Send money to Nepal with Remitly

How can I get the best exchange rate between US dollar and the Nepalese rupee?

What affects exchange rates between the US dollar and the Nepalese rupee?

Send money from USD to NPR

Compare up to 4 providers

How does the Nepalese rupee trade against the US dollar historically?

US dollar to the Nepalese rupee for the last 10 days

US dollar to the Nepalese rupee for the last 10 months

US dollar to the Nepalese rupee for the last 10 years

Market rate for common transfer amounts USD to NPR

Exchange rates from USD to other currencies

Adrienne Fuller

Ask an Expert

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