Local Currency & Foreign Exchange
In Nepal Nepalese Rupee is subdivided into 100 paisa. The denominations of currency notes are available in 1, 2, 5, 10, 20, 25, 50, 100, 500, and 1000. Similarly, coins are available in 1, 2 and 5 rupees, which are in circulation.
Foreign visitors other than the Indian nationals are required to pay in foreign currency. However, other payment must be paid in Nepalese currency. Exchange counter are available at the airport and local banks. There are also foreign exchange counters available at the different places of the cities. Tourists are advised to obtain and retained the foreign exchange encashment receipts so as to reconvert the unused Nepali currency into foreign currency. Visitors are required to fill the currency declaration form at the port of entry. Major national daily newspapers publish foreign exchange rates everyday.