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DATA
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NPR
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About Nepalese Rupee (NPR)

The Nepalese Rupee (NPR), the official currency of Nepal, introduced in the 1930s, is more than just a medium of exchange; it embodies the nation's cultural heritage and its journey through economic challenges and opportunities. It is commonly abbreviated as NPR and represented by the symbol ₨.

Historical Background

The introduction of the Nepalese Rupee was a significant development in Nepal’s monetary history. It replaced the silver mohar during the reign of King Tribhuvan, symbolizing a move towards a more modernized and standardized economy. This transition marked Nepal's efforts to carve out an independent economic identity distinct from its neighbors, India and China.

Design and Symbolism

The design of the Nepalese Rupee reflects the country's rich cultural and historical legacy. Banknotes and coins feature images of revered monarchs, significant national symbols like Mount Everest, and depictions of Nepal's diverse wildlife. These elements not only facilitate economic transactions but also serve as daily reminders of Nepal's unique identity and pride.

Economic Role

The Rupee plays a central role in Nepal’s economy, which is primarily driven by agriculture, remittances, tourism, and increasingly, the service sector. As the primary currency, it supports these sectors, enabling trade, investment, and the daily financial activities of the Nepalese people.

Monetary Policy and Inflation

Managed by the Nepal Rastra Bank, the country's central bank, the Nepalese Rupee has faced challenges like inflation and currency stability. The bank's monetary policies aim to stabilize the currency and control inflation, vital for economic growth and stability in a country with significant socio-economic challenges.

International Trade and the Nepalese Rupee

In international trade, the stability of the Rupee is crucial, particularly for Nepal's exports such as textiles, carpets, and handicrafts. A stable Rupee is essential for maintaining competitive prices in international markets and attracting foreign investment.

Remittances and Economic Impact

Remittances from Nepalese working abroad, especially in the Middle East, India, and Southeast Asia, are a significant source of foreign income. These remittances, converted into Rupees, play a substantial role in supporting families and contributing to the national economy.

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1D7D1M3M1YAll
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Bitgethot-iconcalculator.compare.best
₨4.44
0.0200% / 0.0320%vip-iconcalculator.compare.vip
Binance
₨4.45
0.1000% / 0.1000%
calculator.compare.yes
Gate.io
₨4.46
0.1000% / 0.1000%
calculator.compare.yes
KuCoin
₨4.46
0.1000% / 0.1000%
calculator.compare.yes
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$36.31M
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$3.18M
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1.08B DATA

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0.5 DATA
2.27
1 DATA
4.53
5 DATA
22.66
10 DATA
45.31
50 DATA
226.55
100 DATA
453.1
500 DATA
2,265.52
1000 DATA
4,531.04

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0.5NPR0.1103  DATA
1NPR0.2207  DATA
5NPR1.1  DATA
10NPR2.21  DATA
50NPR11.03  DATA
100NPR22.07  DATA
500NPR110.35  DATA
1000NPR220.7  DATA

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0.5 DATA$0.01687$0.01786
-5.52%
1 DATA$0.03375$0.03572
-5.52%
5 DATA$0.1687$0.1786
-5.52%
10 DATA$0.3375$0.3572
-5.52%
50 DATA$1.69$1.79
-5.52%
100 DATA$3.37$3.57
-5.52%
500 DATA$16.87$17.86
-5.52%
1000 DATA$33.75$35.72
-5.52%

calculator.detail.price_month

coin.amountcalculator.detail.time_calculator.detail.price_month_agocalculator.detail.price_month_change
0.5 DATA$0.01687$0.01960
-13.88%
1 DATA$0.03375$0.03919
-13.88%
5 DATA$0.1687$0.1960
-13.88%
10 DATA$0.3375$0.3919
-13.88%
50 DATA$1.69$1.96
-13.88%
100 DATA$3.37$3.92
-13.88%
500 DATA$16.87$19.6
-13.88%
1000 DATA$33.75$39.19
-13.88%

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coin.amountcalculator.detail.time_calculator.detail.price_year_agocalculator.detail.price_year_change
0.5 DATA$0.01687$0.01364
+23.63%
1 DATA$0.03375$0.02729
+23.63%
5 DATA$0.1687$0.1364
+23.63%
10 DATA$0.3375$0.2729
+23.63%
50 DATA$1.69$1.36
+23.63%
100 DATA$3.37$2.73
+23.63%
500 DATA$16.87$13.64
+23.63%
1000 DATA$33.75$27.29
+23.63%

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