In Nepal the Nepalese rupee is used, which should not be confused with the Indian rupee. However, it is linked to this in a ratio of 1:60. The Nepalese name for the rupee is: रूपैयाँ, rupaiyā and the ISO code is NPR.
The Nepalese rupee can be divided into 100 paisas. The rupee is available both as coins (1, 2, 5, 10, 25, 50 paisa and rupees with a value of 1, 2 or 5) and as notes in the amount of 1, 2, 5, 10, 20, 25, 50,100, 500 and 1,000 rupees.
There are other units for higher amounts: 100 rupees is a Saya, 1000 a Hadchar, a Lakh is 100,000 rupees and 10,000,000 is a Karor.
In relation to the euro, you can use 130 rupees per euro as a rough exchange rate.
Since 1932 the Nepalese rupee has replaced the silver mohat. One rupee was worth two mohars. The Nepal Rastra Bank is the bank that issues the Nepalese currency.
Exchange into the Nepalese rupee
German holidaymakers cannot exchange euros beforehand, as the Nepalese rupee is not traded. Since Nepal is one of the poorest countries in the world, holidays can be very cheap if you adapt to local conditions. Please note that a passport must be presented for the exchange on site.
You can change money at some banks, authorized money changers and in hotels, but also on the black market. There you usually get around 10% more than at banks. In general, this is not dangerous, the risk of receiving counterfeit money is low. However, you will not receive a certificate and will have problems exchanging the money back if you have not needed it.
It is best to find out about the current exchange rate before exchanging in order to be cheated. In addition, you should ask for the smallest possible bills, as traders often do not have the necessary change for large bills with small sums. You should not accept damaged notes or, if necessary, exchange them at a bank, as they are generally no longer accepted.