What is currency of Nepal?

Question

What is currency of Nepal?

Answer 1

Currency: 1 Nepalese rupee (NR) = 100 paisa

Nepalese currency is spelled as Nepalese Rupees or Rupee (Rs) or Nepali Rupee, and in short it is written NRS or RS. 100 Paisa equals 1 Rs.  Currently Notes of the following denominations are used: 1000, 500, 100, 50, 25, 10, 5, 2, and 1 rupees. Coin hasn't been popular in Nepal and hence is almost always ignored in business. The coins of the following denominations can be found: 1 paisa, 5 paisa, 10 paisa, 50 paisa and 1 Rs, 2 Rs, and 5 Rs. It is recommended that you travel with smaller notes in less populated areas, while large notes are easily accepted else where

Nepali money is weak. For example, as of June 27th 2005, 1 US$ can buy 68 Nepalese Rupees. So most foreign currencies can buy a lot of Nepali rupees. For your "What's the living cost in Nepal? or how far your money can go in Nepal questions

Answer 2

The rupee (Nepali:रूपैयाँ) is the official currency of Nepal. It is subdivided into 100 paisa. The issuance of the currency is controlled by the Nepal Rastra Bank. The most commonly used symbol for the Rupee is Rs or ₨. The ISO 4217 code for Nepalese Rupee is NPR.

The rupee was introduced in 1932, replacing the silver mohar at a rate of 2 mohar = 1 rupee. Initially, the rupee was called the mohru in Nepalese.

Its value is pegged to the Indian rupee, with 1.6 Nepalese rupees = 1 Indian rupee. Coin images

Banknotes are denominated as follows 1, 5, 10, 20, 50, 100, 500 and 1000 with 1-100 issues starting in 1951 and 500 issues in 1981 and 1000 in 1972. New Re 1 banknotes are not issued by the central bank anymore, however, some are still in circulation.

There are also 25 and 250 rupee notes commemorating the Silver Jubilee of Birendra Bir Bikram Shah in 1997.

http://en.wikipedia.org/wiki/Nepalese_ru...

Answer 3

The currency of NEPAL is Nepalese rupee

Answer 4

rupee

Answer 5

It is called Ruppee. And its other small units is called Paisa,So 100 paisa = 1 Ruppees. There are various currency notes are available, 1,2,5,10,20,50,100,500,1000's notes.

Answer 6

It's the Nepalese Rupee (or "Nepal Rupee").

Answer 7

It is Called Nepali Rupee. 160 of it will be equal to 100 Indian Rupees.

Answer 8

Nepalsee rupee