About currency & card

Payments in hotels, travel agencies, and airlines are made in foreign exchange. Credit card like American Express, Master card and visa are widely accepted at major bank, 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 left over Nepalese rupees into hard currency before leaving the country. However only 10 percent of the total amount may be concerted by the bank. ATMS is widely in use in kathmandu, Pokhara, Bhairahawa and other major cities.

Major Banks and hotels and the exchange counters at TIA provide service for exchanging foreign currency.

Exchange rates are published in English dailies such as The Rising Nepal. Kathmandu Post and the Himalayan Times. Nepalese Rupees are found in denomination of 1000, 500, 100, 50, 20, 10, 5, 2 and 1. coins are found in denominations of 10, 25, and 50 paisa. One rupee equals 100 paisa.