Last Updated on by Ayush Palikhe
What is the exchange rate in simple words?
It is the price of one country’s currency in terms of the currency of other countries.
How is the exchange rate determined?
It can be determined by a fixed or pegged rate which is determined by the government through its central bank (Nepal Rashtra Bank). The rate is set against another major currency such as the U.S. dollar, euro, etc. The government will buy and sell its own currency against the currency to which it is pegged to maintain its rate of exchange.
How to check the exchange rate of Nepal?
1) Open browser in your deviceu003cbru003e2) Go tou003ca rel=u0022noreferrer noopeneru0022 href=u0022https://archive.nrb.org.np/index.phpu0022 target=u0022_blanku0022u003e Nepal Rastra Bank siteu003c/au003eu003cbru003e3) Then on the right side, you will see Foreign Exchange Ratesu003cbru003e4) Click on the More optionu003cbru003e5) You will be redirected to the exchange rate pageu003cbru003e6) All the rates are available and you can also select the preferred date.
Related: How to receive money from Western Union in Nepal?


Rates for 14th September:
| Currency | Unit | Buying/Rs. | Selling/Rs. |
| Indian Rupee | 100 | 160.00 | 160.15 |
| U.S. Dollar | 1 | 117.36 | 117.96 |
| European Euro | 1 | 139.04 | 139.75 |
| UK Pound Sterling | 1 | 150.17 | 150.94 |
| Swiss Franc | 1 | 129.14 | 129.80 |
| Australian Dollar | 1 | 85.49 | 85.92 |
| Canadian Dollar | 1 | 89.10 | 89.56 |
| Singapore Dollar | 1 | 85.77 | 86.21 |
| Japanese Yen | 10 | 11.06 | 11.11 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 31.29 | 31.45 |
| Qatari Riyal | 1 | 32.23 | 32.39 |
| Thai Baht | 1 | 3.75 | 3.77 |
| UAE Dirham | 1 | 31.95 | 32.12 |
| Malaysian Ringgit | 1 | 28.26 | 28.40 |
| South Korean Won | 100 | 9.88 | 9.93 |
| Swedish Kroner | 1 | 13.38 | 13.45 |
| Danish Kroner | 1 | 18.69 | 18.78 |
| Hong Kong Dollar | 1 | 15.14 | 15.22 |
| Kuwaiti Dinar | 1 | 383.73 | 385.69 |
| Bahrain Dinar | 1 | 311.23 | 312.82 |

