NPR (रू)

Currency: Nepalese rupee

The Nepalese rupee is the official currency of Nepal. One US dollar is worth around 120.00 NPR. The Nepalese rupee is the currency of Nepal. It was first introduced in 1932, replacing the Nepalese mohar. The rupee is divided into 100 paisa. The currency is issued by the Nepal Rastra Bank. The rupee has been subject to high inflation, so banknotes are issued in denominations as high as 2,000 rupees. The Nepalese rupee is widely used in Nepal and is often used for transactions in border areas.