Currency Import and Exchange Rules in Nepal

Overview

Nepal has specific currency rules that tourists should understand before arrival. You may bring in an unlimited amount of foreign currency, but any amount exceeding USD 5,000 (or equivalent) must be declared at customs using a Currency Declaration Form (CDF). Keep this form — you may need it to reconvert NPR back to foreign currency on departure. NPR 25,000 in Nepalese currency may be imported. Upon departure, you may export up to NPR 25,000 and reconvert up to USD 5,000 worth of NPR at the airport with your original exchange receipts or CDF. Exchange at licensed money changers, banks, or airport counters. Street exchange is illegal. ATMs (Nabil, Himalayan Bank, Standard Chartered) are widely available in Kathmandu and Pokhara but scarce in remote trekking areas — withdraw sufficient cash before heading into the mountains.

FAQ

Q: Are US dollars widely accepted in Nepal?

In tourist areas, hotels, and some restaurants, USD is accepted. However, always carry NPR for local transport, street food, and rural markets where USD is not accepted. The NPR rate at exchange is always more favorable than paying directly in USD at tourist-inflated rates.

Q: What is the best way to exchange money in Nepal?

Licensed private exchange counters in Thamel and major tourist areas often offer slightly better rates than banks. Always check the day's reference rate from Nepal Rastra Bank (the central bank) before exchanging and compare 2-3 counters.