Nepalese rupee
| रुपैयाँ (Nepali) | |
|---|---|
Coins used in Nepal | |
| ISO 4217 | |
| Code | NPR (numeric: 524) |
| Subunit | 0.01 |
| Unit | |
| Symbol | रु |
| Denominations | |
| Subunit | |
| 1⁄100 | Paisa |
| Banknotes | |
| Freq. used | रु5, रु10, रु20, रु50, रु100, रु500, रु1000 |
| Rarely used | रु1, रु2, रु25, रु250 |
| Coins | |
| Freq. used | रु1, रु2 |
| Rarely used | 1, 5, 10, 25, 50 paisa, रु5, रु10 |
| 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 | https://www.statista.com/statistics/422594/inflation-rate-in-nepal/ |
| Pegged with | Indian rupee (₹)[1] ₹1 = रु1.6000 (buy) ₹1 = रु1.6015 (sell) |
The Nepalese rupee (Nepali: रुपैयाँ; symbol: रु; code: NPR) is the official currency of the Federal Democratic Republic of Nepal. The Nepalese rupee is subdivided into 100 paisa. The issuance of the currency is controlled by the Nepal Rastra Bank, the central bank of Nepal.
The Nepalese rupee (रु) has been pegged to the Indian rupee (₹) at the rate रु1.60 = ₹1 since 1994; prior to this, it had been pegged at the rate रु1.45 = ₹1.[2]
References
- ↑ "Nepal Rastra Bank". nrb.org.np. Archived from the original on 25 March 2019. Retrieved 13 June 2016.
- ↑ "'Nepal to keep currency pegged to Indian rupee' | Business Line". Thehindubusinessline.com. 2018-01-11. Retrieved 2019-05-13.
