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US dollar to Nepalese rupee exchange rate

Find the best USD/NPR exchange rate for 07 May 2021.

Live Rate

= रू 117.5109

Refreshing in: 60s | Fri, May 07, 10:28PM 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

Our table lets you compare the services you can use to send money abroad. Compare services on transfer speeds and fees, then click Go to site when you're ready to send.
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer) Learn More
XE
Within minutes
$3

View details
XE has fast transfers with low fees and a range of foreign currency tools.
Wise (TransferWise)
Within an hour
From $2.26

View details
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
Remitly
Within minutes
From $0
SPECIAL OFFER ✓ Free transfers and better exchange rates available for new customers

View details
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
WorldRemit
Within an hour
From $1.99

View details
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
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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

Apr 27 Apr 28 Apr 29 Apr 30 May 01 May 02 May 03 May 04 May 05 May 06
1 USD = 119.2009 Inverse: 0.0084 119.0332 Inverse: 0.0084 118.5048 Inverse: 0.0084 118.4902 Inverse: 0.0084 119.1186 Inverse: 0.0084 119.1186 Inverse: 0.0084 118.2424 Inverse: 0.0085 118.1353 Inverse: 0.0085 118.2017 Inverse: 0.0085 117.9959 Inverse: 0.0085

US dollar to the Nepalese rupee for the last 10 months

Jul 2020 Aug 2020 Sep 2020 Oct 2020 Nov 2020 Dec 2020 Jan 2021 Feb 2021 Mar 2021 Apr 2021
1 USD = 119.7615 Inverse: 0.0083 119.7347 Inverse: 0.0084 116.9061 Inverse: 0.0086 117.1863 Inverse: 0.0085 119.3119 Inverse: 0.0084 117.9772 Inverse: 0.0085 117.4858 Inverse: 0.0085 116.5685 Inverse: 0.0086 116.4291 Inverse: 0.0086 117.1720 Inverse: 0.0085

US dollar to the Nepalese rupee for the last 10 years

May 2011 May 2012 May 2013 May 2014 May 2015 May 2016 May 2017 May 2018 May 2019 May 2020
1 USD = 71.6628 Inverse: 0.0140 84.1451 Inverse: 0.0119 86.7388 Inverse: 0.0115 96.3614 Inverse: 0.0104 102.0357 Inverse: 0.0098 106.5274 Inverse: 0.0094 102.5817 Inverse: 0.0097 106.9244 Inverse: 0.0094 110.9497 Inverse: 0.0090 121.1486 Inverse: 0.0083

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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