Note: Under the present system the open market exchange rates quoted by different commercial banks may differ.

To convert Nepalese rupees: Your currency X buying rate

To convert USD : Your currency X buying rate of your currency with Nepalese ruppees / USD selling rate...

The Currency Exchange and Travel Planning.....

How should I exchange money for my vacation in another country?
Just the thought of enjoying a vacation in another country is a rush, but the actual trip does take some contemplation and planning. Everyone is concerned with vacation costs, so the first thing most of us do is develop a vacation budget that includes hotel, meal and entertainment costs, plus the miscellaneous purchases we want to make on the trip. Understanding the currency market is an important part of the budgeting process. If you don’t know the value of your host country’s currency you may be in for some unpleasant surprises. The currency market fluctuates daily, so it’s a good idea to get some professional advice while you’re planning.

A trip to Nepal is an incredible adventure, but if you wait to exchange money when you arrive at Kathmandu’s airport you might be in for a shock. Any country’s currency can experience a sudden surge in value at any time. Let’s say you’re exchanging Dollars for the Nepalese Rupee, this pair could move 1100 points in a matter of a day or two and that could put you in a state of shock. That value fluctuation could cost you an extra $110 for every $1000 you exchange, which tears your budget to shreds before you ever leave the airport. The best way to exchange money for a trip to any country is to exchange small amounts of money while you’re planning the trip. When you average your exchanges you know exactly what your exchanges cost so you can develop a budget with real costs. Averaging protects you from sudden currency surges that act like uncontrollable tsunamis that swallow everything in sight.

Where should I exchange my money?
Travelers like to use credit cards when they travel, because they are convenient and they usually give people a better sense of security, but they can be very expensive. Credit card companies add a profit to every exchange and they add a surcharge to every travel purchase, so you never know what the trip costs until you get the statement. Banks add a fee to every exchange transaction and they may only post one or two rates a day which means you may not get a real time rate. Airport currency merchants may be fine for a small exchange if the rate is favorable, but in most cases they charge a hidden fee and that takes a slice out of your budget. The best way to exchange money is through a reliable currency trader who studies the currency market hourly. A professional can help you exchange money when rates are in your favor so you get the maximum value for each exchange.

Other travel points
Most countries limit the amount of cash you can carry, so it’s best to know that limit and stay within it. Always use a money belt or a hidden pocket that’s secure and out of sight. Hotel safes and other security measures should be used when you arrive and it’s important to remember that common sense is your best security tool when you use it.

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