Nepal Rastra Bank exchange rates: What you need to know

Nepal Rastra Bank Exchange Rate Photo

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Nepal Rastra Bank offers a convenient way to buy a multitude of different currencies. However, foreign exchange rates represent a major pricing point and there is often little clarity around them. We researched Nepal Rastra Bank’s travel money exchange rates to provide you a table showcasing their currency rate spread. Hopefully we can help you save money on your holidays.

Nepal Rastra Bank exchange rates: Information and tips

Know the latest interbank exchange rate for your currency pairs

The interbank rate (also called mid-market rate) is the midpoint between the buy price and sell price of two currencies on the currency markets. Nepal Rastra Bank does not offer the interbank rate but instead adds a margin to it, which makes the foreign currency transaction more expensive for you. Before using Nepal Rastra Bank for your travel money needs, make sure to know the current interbank exchange rate. That way, you’ll be able to calculate FX losses on the currency conversion. You can find the latest interbank rates using our currency converter.

How to calculate exchange rate loss

Here’s what you need to do in order to determine how much Nepal Rastra Bank’s travel money exchange rate spread is going to cost you:

  1. Find the current interbank rate for your currencies using our currency converter
  2. Multiply your original amount by the current interbank rate
  3. Multiply your original amount by the exchange rate Nepal Rastra Bank offers
  4. Subtract the first amount from the second amount
  5. This is the amount you’ll lose through currency conversion with Nepal Rastra Bank

Order your currency online and in advance

Ordering your foreign currency before your trip allows you to compare with rates and fees of other providers. Ordering it online also is usually much cheaper than buying currency at the airport or on arrival to your holiday destination. Make sure to always compare exchange rates before finalising an order.

 

For the best exchange rates, we highly recommend TransferWise. Enjoy your first transfer for free on transfers up to £500.
 

Nepal Rastra Bank exchange rate research

The exchange rate spreads below are for ordering foreign currency online. Rates on other services might differ. Those exchange rate margins are indicative at the time of research. Use the Nepal Rastra Bank currency converter or visit the nearest branch to get the latest rates.

Currency ISO Code Exchange Rate Mid-Market Rate Exchange Rate Margin / Loss
U.S. Dollar USD 115.69 116.56028 0.75%
European Euro EUR 131.3 132.16253 0.65%
Pound Sterling GBP 150.63 151.22348 0.39%
Swiss Franc CHF 115.08 115.96227 0.76%
Australian Dollar AUD 83.76 84.25221 0.58%
Canadian Dollar CAD 87.67 88.28218 0.69%
Singapore Dollar SGD 83.98 84.52571 0.65%
Japanese Yen JPY 1.016 1.02415 0.80%
Chinese Yuan CNY 16.65 16.75302 0.61%
Saudi Arabian Riyal SAR 30.84 31.0764 0.76%
Qatari Riyal QAR 31.77 32.01552 0.77%
Thai Baht THB 3.5 3.52482 0.70%
UAE Dirham AED 31.5 31.73219 0.73%
Malaysian Ringgit MYR 27.68 27.87044 0.68%
South Korean Won KRW 0.1025 0.10314 0.62%
Swedish Kroner NOK 12.77 13.81845 7.59%
Danish Kroner DKK 17.6 17.71657 0.66%
Hong Kong Dollar HKD 14.78 14.88164 0.68%
Kuwaity Dinar KWD 380.57 382.83217 0.59%
Bahrain Dinar BHD 306.88 309.93745 0.99%

How we collect our data & advertiser disclosure

Nepal Rastra Bank’s exchange rate was collected from Nepal Rastra Bank’s website on 11/11/2018. Interbank rates collected from x-rates.com on 11/11/2018. The information displayed on this site is subject to change at any time and we do not guarantee 100% accuracy of the information.
For the today’s rates, visit Nepal Rastra Bank’s website, contact Nepal Rastra Bank’s customer support or log into your online banking and search for their exchange rate calculator. Currencyfees.com is not liable for any financial decisions based on the above information. Currencyfees.com is supported by referral compensations by some of the companies listed in our articles.

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