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.
|UK pound sterling||1||147.78||148.57|
|Saudi Arabian riyal||1||28.13||28.29|
|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.
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.