Nepalese rupee

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rupee
Country: NepalNepal Nepal
Subdivision: 100 paisas
ISO 4217 code : NPR
Abbreviation: NR (Sg.), NRs (Pl.)
Exchange rate :
(August 27, 2020)

1 INR = 1.6 NPR (fix)

EUR  = 139.62 NPR
100 NPR = 0.71621 EUR

CHF  = 129.88 NPR
100 NPR = 0.76992 CHF

The Nepalese rupee ( Nepali : रूपैयाँ, rupaiyā; English : Rupee ) is the currency of Nepal . The ISO 4217 code is NPR, but the following terms are still used in everyday life: NR, NRs. It is issued by the Nepal Rastra Bank , the central bank of Nepal.

The rupee was introduced in Nepal in 1932. It replaced the silver mohar (also mohur ) at an exchange rate of 2 mohar = 1 rupee.

It is pegged to the Indian rupee at a ratio of 1.60 NPR = 1.00 INR . The Nepalese rupee is not traded in Germany. When buying the currency in Nepal, tourists are required to present their passport .
Damaged banknotes, even if only with a small crack, are only exchanged in a bank and no longer accepted as a means of payment in everyday life.

Denomination

In Nepal, the rupee is in circulation in the following denominations:

  • Coins of 1, 2 and 5 rupees as well as 5, 10, 25 and 50 paisa coins
  • Nepalese banknotes come in denominations of 1, 2, 5, 10, 20, 50, 100 (all since 1951), 500 (since 1981) and 1000 rupees (since 1972). There are also 25 and 250 rupee notes in circulation, which were issued in 1997 on the occasion of the 25th anniversary of Birendra Bir Bikram Shah's throne .

particularities

There are the following units of account for higher amounts:

  • 1 Saya = 100 rupees ( nepali : phonet. Seii = one hundred)
  • 1 Hadchar = 1000 rupees ( nepali : phonet. Hachar = thousand)
  • 1 lakh = 100,000 rupees
  • 1 diamond = 10,000,000 rupees

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