| रुपैयाँ (Nepali) | |
|---|---|
| ISO 4217 | |
| Code | NPR (numeric: 524) |
| Subunit | 0.01 |
| Unit | |
| Symbol | रु. |
| Denominations | |
| Subunit | |
| 1⁄100 | Paisa |
| Banknotes | |
| Freq. used | रु. 5, रु. 10, रु. 20, रु. 50, रु. 100, रु. 500, रु. 1000 |
| Rarely used | रु. 1, रु. 2, रु. 25, रु. 250 |
| Coins | |
| Freq. used | रु. 1, रु. 2 |
| Rarely used | 1, 5, 10, 25, 50 paisa, रु. 5, रु. 10 |
| Demographics | |
| Date of introduction | 1932 |
| Replaced | Nepalese mohar |
| User(s) | Kingdom of Nepal (1932–2008), Federal Democratic Republic of Nepal (2008–present) |
| Issuance | |
| Central bank | Nepal Rastra Bank |
| Website | www |
| Valuation | |
| Inflation | 3.6% (2021) |
| Source | Statista |
| Pegged with |  Indian rupee (₹)[1]₹1 = रु.1.60 (buy) ₹1 = रु.1.6015 (sell) |
The Nepalese rupee (Nepali: रुपैयाँ, Roman: Rupaiyām̐; 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. The Nepalese rupee was introduced in 1932 when it replaced the Nepalese mohar at the rate 2:1.[2][citation needed]
The Nepalese rupee (रु.) has been pegged to the Indian rupee (₹) at the rate रु.1.60 = ₹1 since 1994; prior to this, it had been pegged at the rate रु.1.45 = ₹1.[3]
- ^ "Nepal Rastra Bank". nrb.org.np. Archived from the original on 25 March 2019. Retrieved 13 June 2016.
- ^ Cite error: The named reference
Schuler2004was invoked but never defined (see the help page). - ^ "'Nepal to keep currency pegged to Indian rupee' | Business Line". Thehindubusinessline.com. 2018-01-11. Archived from the original on 2020-03-10. Retrieved 2019-05-13.