Credit card and foreign currency

Credit cards like American Express, Master and Visa are accepted at major hotels, shops, Travel Company and restaurants. 3.5 to 4 percent of the total amount may be converted by the bank. ATMS is widely in use in Kathmandu, Pokhara, Sauraha, Bhairahawa, Namche, Jomsom, Nepaljung, Biratnagar and other major cities.

Major Banks and hotels and the exchange counters at TIA provide service for exchanging foreign currency. Exchange rates are published in English dailies such as The Rising Nepal, Kathmandu Post, and The Himalayan Times or visit in Nepal Rastya Bank site.

Exchange Rates 

Currency Unit Buying/Rs Selling/Rs
U.S. dollar 1 105.50 106.10
European euro 1 129.64 130.38
UK pound sterling  1 147.78 148.57
Swiss franc 1 108.25 108.87
Australian dollar 1 80.25 80.87
Canadian dollar 1 82.65 83.12
Singapore dollar  1 80.15 80.60
Japanese yen  10 9.80 9.81
Chinese Yuan 1 16.56 16.85
Saudi Arabian riyal 1 28.13 28.29
Qatari riyal  1 28.97 29.14
Thai baht 1 3.27 3.39
UAE Dirham 1 28.72 28.89
Malaysian ringgit  1 27.07 27.22
South Korean Won 100 9.85 9.91

Note: (Source: NR Bank - 23 April 2018)

Nepalese Rupees are found in denomination of 1000, 500, 100, 50, 20, 10, 5, 2 and 1. Coins are found in denominations of 10, 5, 2, and 1. One rupee equals 100 paisa. Nepalse call 1 = Aak, 2 = Dui, 3 = tin, 4 = char, 5 = Pach, 6 = chha, 7 = Sat, 8 = aatha, 9 = nau, 10 = dash. 

Tibet

Visitors to Tibet are recommended to use Travelers Cheques and/or American dollars. Traveler’s cheques can be exchanged at the airport or in Kathmandu. In some of the areas we visit it is not possible to exchange Travelers Cheques once we leave Kathmandu. It is therefore also useful to have Yuan in Tibet, especially in the mountains where many of the locals will prefer these.