In Nepal, carry cash for emergencies, use ATMs as needed, and remember most allow 35,000 NPR per transaction. The Nepali Rupee is pegged to the Indian Rupee, with 1 USD roughly equal to 125 NPR. Credit cards are accepted widely but carry cash as a backup.
1. Exchange Rates
- The Nepali Rupee (NPR) is pegged to the Indian Rupee, so its value fluctuates with changes in the Indian currency.
- **Approximate rate**: **1 USD ≈ 125 NPR** (though this can vary slightly).
2. How Much to Carry
- Bring some cash for emergencies, and use ATMs as needed.
- **ATM limits**: Most ATMs allow a **max withdrawal of 35,000 NPR per transaction** and up to **100,000 NPR per day** (approx. $877), depending on your bank/card.
3. Denominations
- Nepali currency comes in **1, 5, 10, 20, 50, 100, 500, and 1000 NPR bills**.
- Coins are less common and low in value. Sometimes, small change is returned in candy!
4. Safety
- Nepal is generally safe, with low robbery rates, but exercise caution as modernization brings some risk.
- Practice common-sense safety to protect your money.
5. Using Credit Cards
- **Credit cards** are increasingly accepted in major cities, but some places may lack POS machines or have power issues.
- Always carry a cash alternative.
At socialtours, we accept all major credit cards and cash payments!