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) | |||
| |||
ISO 4217 Code | NPR | ||
User(s) | Kingdom of Nepal (1932–2008) Federal Democratic Republic of Nepal (2008 – present) | ||
Inflation | 3.6% (2021) | ||
Source | https://www.statista.com/statistics/422594/inflation-rate-in-nepal/ | ||
Pegged with | Indian rupee (₹)[1] ₹1 = रु1.6000 (buy) ₹1 = रु1.6015 (sell) | ||
Subunit | |||
1⁄100 | Paisa | ||
Symbol | रु | ||
Coins | |||
Freq. used | रु1, रु2 | ||
Rarely used | 1, 5, 10, 25, 50 paisa, रु5, रु10 | ||
Banknotes | |||
Freq. used | रु5, रु10, रु20, रु50, रु100, रु500, रु1000 | ||
Rarely used | रु1, रु2, रु25, रु250 | ||
Central bank | Nepal Rastra Bank | ||
Website | [http://www |
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
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