Nepalese rupee
Official Currency of Federal Democratic Republic of Nepal / From Wikipedia, the free encyclopedia
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The Nepali rupee (Nepali: रुपैयाँ; symbol: रु.; code: NPR) is the official currency of the Federal Democratic Republic of Nepal. The Nepali rupee is subdivided into 100 paisa. The issuance of the currency is controlled by the Nepal Rastra Bank, the central bank of Nepal. The Nepali rupee was introduced in 1932 when it replaced the Nepalese mohar at the rate 2:1.[2][citation needed]
Quick Facts रुपैयाँ (Nepali), ISO 4217 ...
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 |
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) |
Close
The Nepali 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]