
The Nepalese rupee is the official currency of Nepal, denominated in NPR.
The exchange rate between Nepalese rupees (NPR) and Indian rupees (INR) is a crucial factor in determining the value of Nepalese currency in INR.
The exchange rate varies depending on the market conditions and the Reserve Bank of India's (RBI) policies.
A 1 NPR is approximately equal to 0.013 INR, making it a relatively weak currency compared to the Indian rupee.
In 2020, the exchange rate was around 1 NPR = 0.012 INR, showing a slight fluctuation in its value.
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Conversion Basics
Converting Nepalese rupees to Indian rupees is a straightforward process. You can use an online currency converter or a mobile app to get the current exchange rate.
The exchange rate between NPR and INR can fluctuate, but it's generally around 0.62507 INR for every 1 NPR, as shown in Example 1. This means that if you have 10 NPR, you can exchange it for approximately 6.25071 INR.
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You can also use a currency conversion table to find the current exchange rate. Here's a table showing the exchange rate for different amounts of NPR:
As you can see from the table, the exchange rate is relatively stable, with a slight increase for larger amounts of NPR.
To get the most up-to-date exchange rate, it's best to use a reliable online currency converter or mobile app. This will give you the current exchange rate and allow you to make conversions easily.
One thing to keep in mind is that exchange rates can change frequently, so it's always a good idea to double-check the rate before making a conversion.
Currency Information
Converting Nepalese rupees to Indian rupees is a straightforward process that can be done online. Simply type in the box how much you want to convert, select NPR in the first dropdown as the currency that you want to convert, and INR in the second dropdown as the currency you want to convert to.
Our currency converter will show you the current NPR to INR rate and how it's changed over the past day, week or month. This information can be useful for travelers and businesses that need to exchange currencies.
The Nepalese rupee has a range of banknotes, with denominations including 5, 10, 20, 50, 100, 500, and 1000 rupees. These banknotes feature unique designs and images, such as Mount Everest and various temples and animals.
Here is a list of some of the banknotes currently in circulation:
These banknotes are produced by various companies, including Perum Peruri, the mint company of Indonesia, and Nepal Rastra Bank.
Market Analysis
Over the past 30 days, the NPR to INR exchange rate has seen a significant fluctuation, with a 30 day high of 0.6274 and a 30 day low of 0.6237.
The 30 day average exchange rate was 0.6251, indicating a relatively stable trend. However, the change in the exchange rate was a notable 0.05, suggesting a moderate shift in the market.
To better understand the factors affecting the NPR to INR exchange rate, let's take a look at some key indicators. Economic indicators, such as GDP growth, inflation, and interest rates, can have a significant impact on the exchange rate.
Geopolitical events, such as elections and trade agreements, can also influence the exchange rate. Central bank decisions, such as interest rate changes, can further affect the exchange rate.
Here is a summary of the exchange rate performance over the past 30 and 90 days:
Stats
In the last 30 days, the 30 day average for NPR to INR was 0.6251.
The 30 day high for NPR to INR was 0.6274, and the 30 day low was 0.6237.
A change of 0.05 was observed in the NPR to INR exchange rate over the 30 day period.
The 90 day average for NPR to INR was also 0.6251.
The 90 day high and low were the same as the 30 day high and low, at 0.6274 and 0.6237 respectively.
A change of -0.04 was observed in the NPR to INR exchange rate over the 90 day period.
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Rupee Strength Comparison
The Nepalese Rupee (NPR) and the Indian Rupee (INR) are two of the most widely traded currencies in the region. The NPR has decreased in value compared to the INR in the last year, down by -0.07%.
In terms of strength, the Indian Rupee is currently the stronger currency, with 1 INR being equal to 1.6002 NPR. This means that if you have INR, you can exchange it for NPR at this rate.
Economic indicators such as GDP growth, inflation, and interest rates play a significant role in determining the exchange rate between the two currencies. Geopolitical events like elections and trade agreements can also have a major impact on the exchange rate.
Here's a quick comparison of the two currencies:
The central bank's decisions, such as interest rate changes, can also affect the exchange rate.
Conversion Tools
If you're planning a trip to Nepal or need to exchange Nepalese rupees for Indian rupees, you'll want to know about the conversion tools available.
You can use online currency converters to get the current NPR to INR rate. One example is shown in Example 4, where you simply type in the amount you want to convert, select NPR as the currency to convert from, and INR as the currency to convert to.
The conversion rate is updated in real-time, so you can see how it's changed over the past day, week, or month.
For example, according to Example 2, 1 NPR is equivalent to 0.6249 INR.
If you need to convert a larger amount, you can use the conversion rates provided in Example 2. Here's a quick reference table:
You can also use the conversion rates provided in Example 3 to convert Indian rupees to Nepalese rupees. For example, according to Example 3, 1 INR is equivalent to 1.6002 NPR.
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Frequently Asked Questions
Is INR allowed in Nepal?
Yes, Indian Rupees (INR) are accepted as hard currency in Nepal, but notes of INR 500 or above are not allowed. It's best to bring crisp, new notes to avoid any issues.
How much is 1 indian rupee in nepal?
As of 31/12/2024, 1 Indian Rupee is equivalent to 1.5992 Nepalese Rupees. Check our live currency converter for the latest exchange rates and charts.
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