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Nepal Currency Exchange: Best Rates Guide

Travel Tips

Nepal Currency Exchange: Best Rates Guide

Getting the best exchange rate in Nepal can save you a significant amount of money. Here is where to exchange currency and what to avoid.

๐Ÿ“… January 14, 2024๐Ÿ‘ค Priya Gurungโฑ 4 min read

Overview

The Nepalese Rupee (NPR) is the local currency. As of 2026, approximately NPR 130 to NPR 135 equals USD 1, though rates fluctuate. You can exchange currency at the airport, banks, licensed money changers, and some hotels.

Avoid exchanging at hotels as they offer the worst rates. Airport rates are also less favourable than in-city money changers.

Key Tips

The best exchange rates in Kathmandu are found at the licensed money changers along Thamel, Freak Street, and Durbar Marg. Always check the rate board before exchanging and count your money before leaving the counter.

USD, GBP, EUR, AUD, CAD, and most major currencies are widely accepted for exchange. INR is also accepted at a fixed rate since the currencies are pegged. Bring clean, unmarked, undamaged notes โ€” exchange counters can refuse old or torn bills.

Planning this trip? ๐ŸŽ’

Don't stress about transport or guides. Sajilo offers verified cabs, luxury tourist buses, and expert guides across Nepal.

Once you have local currency, Sajilo makes it easy to pay for rides in NPR at transparent, fixed fares with no hidden charges.

FAQ

Should I exchange money before arriving in Nepal?
It is useful to carry a small amount of USD cash for the visa fee on arrival. You can exchange more once you are in the city where rates are better.

Are Indian Rupees accepted in Nepal?
Yes, INR is widely accepted, but only in denominations of INR 100 and below. INR 500 and INR 2000 notes are not accepted due to currency regulations.

Is it safe to use street money changers?
Only use licensed money changers that display a government registration certificate. Street changers without a licence often use short-counting tricks to cheat tourists.

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