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Exchange rates for the US dollar in Nepal / USD 1 = NPR ... (middle)
Path :| Time series key | BBEX3.A.NPR.USD.CA.AC.A04 |
| Unit | NPR |
| Dimension | one |
| Timespan | from 1982 to 2023 |
| Last update | 12.01.2024 02:13:52 PM |
| Methodology | Calculated on the basis of month-end buying and selling rates. |
| Source | Nepal Rastra Bank, Kathmandu |
| Comment on 1993 | For January 1993, the free market rate was used to calculate the average rate. |
| Comment on 1992 | From 4 March 1992 to 12 February 1993, Nepal had a multiple exchange rate system; for information on how the exchange rates were used, see BBEX3:M:NPR:USD:CA:AC:A01. The average free market rate between March and December 1992, calculated on the basis of month-end exchange rates, was USD 1 = NPR 47.12 / 49.48 (buying/selling). |
| Comment on 1991 | On 2 and 4 July 1991, the Nepalese rupee was devalued in two stages. We recorded the following exchange rates (buying/selling rate; calculated devaluation in brackets): 30 June 1991: USD 1 = NPR 35.30 / 35.50 2 July 1991: USD 1 = NPR 38.00 / 38.20 (-7.1%) 4 July 1991: USD 1 = NPR 42.70 / 42.90 (-11.0%) |
| Comment on 1985 | The Nepalese rupee was devalued on 30 November 1985. We recorded the following exchange rates (buying / selling): 29 November 1985: USD 1 = NPR 17.40 / 17.60 30 November 1985: USD 1 = NPR 20.40 / 20.60 Calculated devaluation: 14.6 % (on average). |