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Currency / Credit Cards |
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Payment in hotels, travel agencies, and airlines are made in foreign
exchange. Credit cards like American Express, Master and Visa are
widely accepted at major hotels, shops, and restaurants. Remember to
keep your Foreign Exchange Encashment Receipt while making Foreign
exchange payments or transferring foreign currency into Nepalese
Rupees. The Receipts may be needed to change leftover Nepalese
Rupees into hard currency before leaving the country, however, the
bank may convert only 10 percent of the total amount.
Major banks, hotels, and the exchange counters at Tribhuvan airport
provide services for exchanging foreign currency. US dollar or
travelers' checks can be purchased from American Express at Durbar
Marg and other Major banks in Kathmandu. Banks in Kathmandu are open
10 AM to 3 PM Sunday through Friday except public holidays.
Exchange rates are published in English dailies such as The Rising
Nepal and The Kathmandu post. Nepalese Rupees are found in
denominations of RS 1000, 500, 100, 50, 25, 20, 10, 5, 2 and 1.
Coins are found in denominations of 10, 25 and 50 Paisa. One rupee
equals 100 Paisa. Approximate exchange rate as of Nov 2006 US$ 1 =
Rs. 72.00 click here for current rate of all acceptable currency |
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