Credit card and foreign currency

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 such as Kathmandu, Pokhara, Chitwan-Sauraha, Bhairahawa, Namche, Jomsom, Nepaljung, Biratnagar, Lumbini and other major cities and distric head office.

All major cities or touristic place have money changer or Exchanger counter or Bank exchange counter. Tribhuwan International Airport (TIA) provide service for exchanging foreign currency too.

Exchange rates are published in English dailies news paper such as "The Rising Nepal", "Kathmandu Post", and "The Himalayan Times" or visit in Nepal Rastya Bank website.

Exchange Rates 

Currency Unit Buying/Rs Selling/Rs
U.S. dollar 1 109.97 110.57
European euro 1 123.29 123.96
UK pound sterling  1 137.01 137.56
Swiss franc 1 111.97 112.58
Australian dollar 1 77.48 77.90
Canadian dollar 1 84.15 84.61
Singapore dollar  1 80.82 81.26
Japanese yen  10 10.19 10.24
Chinese Yuan 1 15.98 16.07
Saudi Arabian riyal 1 29.32 29.48
Qatari riyal  1 30.20 30.37
Thai baht 1 3.57 3.58
UAE Dirham 1 29.94 30.10
Malaysian ringgit  1 26.74 26.88
South Korean Won 100 9.34 9.39
Swedish Kroner 1 11.69 11.76
Danish Kroner 1 16.51 16.60
Hong Kong Dollar 1 14.08 14.16
Kuwaity Dinar 1 361.26 363.23
Bahrain Dinar 1 291.69 293.28

Note: (Source: NR Bank - 23 July 2019)

Nepalese Rupees are found in denomination of 1000, 500, 100, 50, 20, 10, 5. Coins are found in denominations of 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.