Nepalese rupee

Currency of Nepal

The Nepalese rupee (Nepali: रुपैयाँ; symbol: रु; code: NPR) is the official currency of the Federal Democratic Republic of Nepal. The Nepalese rupee is subdivided into 100 paisa. The issuance of the currency is controlled by the Nepal Rastra Bank, the central bank of Nepal.

Nepalese rupee
रुपैयाँ (Nepali)
Coins used in Nepal
Coins used in Nepal
ISO 4217 CodeNPR
User(s)Nepal Kingdom of Nepal (1932–2008)
   Federal Democratic Republic of Nepal (2008 – present)
Inflation3.6% (2021)
Sourcehttps://www.statista.com/statistics/422594/inflation-rate-in-nepal/
Pegged withIndia Indian rupee (₹)[1]
₹1 = रु1.6000 (buy)
₹1 = रु1.6015 (sell)
Subunit
1100Paisa
Symbolरु
Coins
Freq. usedरु1, रु2
Rarely used1, 5, 10, 25, 50 paisa, रु5, रु10
Banknotes
Freq. usedरु5, रु10, रु20, रु50, रु100, रु500, रु1000
Rarely usedरु1, रु2, रु25, रु250
Central bankNepal Rastra Bank
Website[http://www.nrb.org.np www.nrb.org.np]

The Nepalese rupee (रु) has been pegged to the Indian rupee (₹) at the rate रु1.60 = ₹1 since 1994; prior to this, it had been pegged at the rate रु1.45 = ₹1.[2]

References