NPR

Nepalese Rupee

NPR is the official currency of Nepal. It is issued by Nepal Rastra Bank and is subdivided into 100 paisa.

The rupee was introduced in 1932. It is pegged to the Indian rupee at a fixed rate of 1.6 NPR = 1 INR, facilitating trade with Nepal's largest trading partner. The Nepal Rastra Bank was established in 1956 as the central bank.

Related Terms

INR

Indian Rupee

INR is the official currency of India. It's managed by the Reserve Bank of India and is one of the m...

USD

United States Dollar

USD is the official currency of the United States and its territories. It's the world's primary rese...

BTN

Bhutanese Ngultrum

BTN is the official currency of Bhutan. It is issued by the Royal Monetary Authority of Bhutan and i...

Nepal Rastra Bank

Nepal Rastra Bank is Nepal's central bank. It sets monetary policy, issues the NPR, and supports fin...

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