Today’s Full Forex Rates — NRB
About USD to NPR Exchange Rate
The USD to NPR exchange rate is published daily by Nepal Rastra Bank (NRB) — Nepal’s central bank. The rate shown on this page is fetched directly from NRB’s official API every time you visit, ensuring you always see the most accurate, up-to-date rate.
Why Does This Rate Matter?
Nepal receives over $9 billion in annual remittances — one of the highest in Asia relative to GDP. Students studying abroad, workers in Gulf countries, and businesses importing goods all rely on accurate USD/NPR rates daily. This rate also directly affects gold prices, as FENEGOSIDA uses NRB’s USD rate to calculate Nepal’s gold price each morning.
INR to NPR — The Fixed Peg
Unlike USD which floats daily, 1 Indian Rupee = 1.60 Nepali Rupees. This rate has been fixed since 1993 under a bilateral agreement between Nepal and India. Since Nepal’s largest trading partner is India, this fixed peg provides stability for most everyday transactions.