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Nepalese Rupee · NPR

symbol · 1 country currently using this currency.

Currency info

Adopted: 1932

Currency family: Rupee

The Nepalese Rupee is one of the few currencies in the world with a fixed exchange rate to another country's currency, maintaining its peg to the Indian Rupee for over three decades.

  • Introduced in 1932, replacing the silver mohar as Nepal's official currency
  • Pegged to the Indian Rupee at a fixed rate of 1.6 NPR = 1 INR since 1993
  • Subdivided into 100 paisa, with coins and banknotes issued by Nepal Rastra Bank
  • Features national symbols including Mount Everest and cultural heritage on banknotes

Countries currently using this currency

Related

Historical predecessor

Nepalese mohar