In Nepal, payments are typically made to hotels, airlines, travel agencies, and trekking outfitters in foreign currency. Large banks and foreign exchange counters offer foreign exchange services in all of Nepal's major cities. The daily currency exchange rates are published in English newspapers like the Kathmandu Post, Himalayan Times, and Rising Nepal.
When transferring foreign currency to Nepali currency, keep your receipt in case you need to exchange any leftover Nepali currency for hard cash before leaving Nepal. There are notes in Nepali rupees worth 1000, 500, 100, 50, 20, 10, 5, 2, and 1. There are coins in the following denominations: 5, 2, and 1. 100 paisas make up one rupee.
Today's major cities see a significant increase in the use of credit cards. Major hotels, stores, and restaurants accept credit cards like American Express, Master, and Visa widely. The banks are only permitted to convert 10% of the total amount. In big cities, ATM cards are widely used. Please click the provided link to view the daily exchange rate.
