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US dollar to Nepalese rupee exchange rate

Find the best USD/NPR exchange rate for 02 Mar 2021.

Live Rate

= रू 117.7420

Refreshing in: 60s | Tue, Mar 02, 05:06AM GMT

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Looking for the best exchange rate?

There are other factors to consider when sending an international money transfer in addition to the exchange rate, including the transfer fees, the payment method, the speed of delivery and the level of customer service. What’s best for you might not be best for someone else.

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:1c, 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.

Send money from USD to NPR

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
$1 Within an hour USD 3.99 117.036 NPR 58,051 WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups. Go to site Show details
$1 1 - 2 days USD 6.00 117.742 NPR
58,164
TransferWise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
$1 3 - 5 days USD 20.00 114.798 NPR 55,103 Western Union sends money online to friends and family in 200+ countries around the world. Show details
$1 Same day USD 1.00 115.387 NPR 57,578 Ria lets you send money to 130+ countries with cash pick-up at 240,000 locations. Go to site Show details
$10 Within an hour USD 1.99 115.387 NPR 57,464 Special offers like free transfers and better exchange rates available for new customers.
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Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

Best ways to send money to Nepal

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

Feb 20 Feb 21 Feb 22 Feb 23 Feb 24 Feb 25 Feb 26 Feb 27 Feb 28 Mar 01
1 USD = 116.2164 Inverse: 0.0086 116.2164 Inverse: 0.0086 115.7152 Inverse: 0.0086 115.9425 Inverse: 0.0086 115.6840 Inverse: 0.0086 115.7062 Inverse: 0.0086 115.7062 Inverse: 0.0086 115.7062 Inverse: 0.0086 117.0118 Inverse: 0.0085 117.6207 Inverse: 0.0085

US dollar to the Nepalese rupee for the last 10 months

Apr 2020 May 2020 Jul 2020 Aug 2020 Sep 2020 Oct 2020 Nov 2020 Dec 2020 Jan 2021 Feb 2021
1 USD = 121.0839 Inverse: 0.0083 120.8890 Inverse: 0.0083 120.9804 Inverse: 0.0083 119.5748 Inverse: 0.0084 116.2331 Inverse: 0.0086 117.4084 Inverse: 0.0085 119.1164 Inverse: 0.0084 118.2434 Inverse: 0.0085 117.4858 Inverse: 0.0085 116.6778 Inverse: 0.0086

US dollar to the Nepalese rupee for the last 10 years

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Feb 2020
1 USD = 70.9775 Inverse: 0.0141 78.6620 Inverse: 0.0127 87.8251 Inverse: 0.0114 98.9533 Inverse: 0.0101 99.0987 Inverse: 0.0101 108.9675 Inverse: 0.0092 106.7612 Inverse: 0.0094 104.2797 Inverse: 0.0096 113.3355 Inverse: 0.0088 115.5268 Inverse: 0.0087

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

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