Convert Indian Rupee to Nepalese Rupee
Instantly convert Indian Rupee (₹) to Nepalese Rupee (₨) with our free online calculator.
Reference Table
| Indian Rupee (₹) | Nepalese Rupee (₨) |
|---|---|
| 1 | 1 |
| 5 | 5 |
| 10 | 10 |
| 50 | 50 |
| 100 | 100 |
| 1000 | 1000 |
How to Convert Indian Rupee to Nepalese Rupee
Live Exchange Rate Conversion
Convert Indian Rupee (₹) to Nepalese Rupee (₨) using live exchange rates updated hourly. The rate reflects the current mid-market price — the most accurate reference for currency comparison.
Step-by-Step
- Open the ₹ to ₨ converter above.
- Enter the amount you want to convert in the ₹ (Indian Rupee) input field.
- The converter fetches the latest exchange rate and instantly shows the equivalent value in ₨ (Nepalese Rupee).
- Use the swap button to reverse the conversion direction if needed.
About Indian Rupee (₹)
The Indian Rupee (INR, ISO 4217 code 356, symbol ₹) is the official currency of the Republic of India, issued by the Reserve Bank of India (RBI, est. 1935). Subdivided into 100 paise. Banknotes: ₹10, ₹20, ₹50, ₹100, ₹200, ₹500, ₹2,000 (₹2,000 withdrawal completed by RBI as of October 2023 demonetization); coins: ₹1, ₹2, ₹5, ₹10, ₹20. The 50 paise coin is no longer commonly accepted. The famous 'demonetization' of November 8, 2016 invalidated ₹500 and ₹1,000 notes overnight (86% of cash by value), an unprecedented monetary policy intervention. India is the world's 5th-largest economy by nominal GDP (~$3.7T in 2024 per IMF WEO) and the 3rd-largest by PPP. The RBI targets 4% CPI inflation ± 2% band per the Monetary Policy Framework Agreement 2015 + RBI Act amendment 2016 establishing the Monetary Policy Committee (MPC). INR is also de facto used in Bhutan (pegged 1:1 to Bhutanese Ngultrum) and Nepal (NPR pegged at 1.6:1 to INR since 1993).
About Nepalese Rupee (₨)
The Nepalese Rupee (NPR, ISO 4217 code 524, symbol ₨ or Rs) is the official currency of the Federal Democratic Republic of Nepal, issued by the Nepal Rastra Bank (NRB, est. 1956). Subdivided into 100 paisa. Banknotes: ₨5, ₨10, ₨20, ₨50, ₨100, ₨500, ₨1,000 (the highest denomination; current 'Nepal Rastra Bank' series features Nepalese landscapes and wildlife including Mount Everest, the Bengal tiger, and traditional Nepali themes); coins: ₨1, ₨2, ₨5, ₨10. The Nepalese rupee has been pegged to the Indian rupee at NPR1.6 per INR since February 12, 1993 — making NPR effectively a managed proxy for INR. Nepal abolished its 240-year-old monarchy in 2008 and became a federal democratic republic. The country is sandwiched between India (south, east, west) and China (north — the Himalayan border) and is heavily dependent on remittances (~25-30% of GDP) from migrant workers in Gulf states, Malaysia, and India. Nepal contains 8 of the world's 10 highest peaks (Mount Everest 8,848m, Kangchenjunga 8,586m, Lhotse 8,516m, Makalu 8,481m, Cho Oyu 8,201m, Dhaulagiri 8,167m, Manaslu 8,163m, Annapurna I 8,091m). Tourism contributes ~7% of GDP.
Quick Facts
- Indian Rupee (₹) is a currency unit
- Nepalese Rupee (₨) is a currency unit
- Exchange rates are updated hourly from live market data
- Rates shown are mid-market (interbank) rates
- This conversion is commonly used in international travel, online shopping, and business transactions
- Use the swap button to convert ₨ back to ₹
Understanding Indian Rupee
The Indian Rupee (symbol: ₹) is a unit of currency. The Indian Rupee (INR, ISO 4217 code 356, symbol ₹) is the official currency of the Republic of India, issued by the Reserve Bank of India (RBI, est. 1935). Subdivided into 100 paise. Banknotes: ₹10, ₹20, ₹50, ₹100, ₹200, ₹500, ₹2,000 (₹2,000 withdrawal completed by RBI as of October 2023 demonetization); coins: ₹1, ₹2, ₹5, ₹10, ₹20. The 50 paise coin is no longer commonly accepted. The famous 'demonetization' of November 8, 2016 invalidated ₹500 and ₹1,000 notes overnight (86% of cash by value), an unprecedented monetary policy intervention. India is the world's 5th-largest economy by nominal GDP (~$3.7T in 2024 per IMF WEO) and the 3rd-largest by PPP. The RBI targets 4% CPI inflation ± 2% band per the Monetary Policy Framework Agreement 2015 + RBI Act amendment 2016 establishing the Monetary Policy Committee (MPC). INR is also de facto used in Bhutan (pegged 1:1 to Bhutanese Ngultrum) and Nepal (NPR pegged at 1.6:1 to INR since 1993).
Indian Rupee are commonly used in international travel, online shopping, and business transactions.
Understanding Nepalese Rupee
The Nepalese Rupee (symbol: ₨) is a unit of currency. The Nepalese Rupee (NPR, ISO 4217 code 524, symbol ₨ or Rs) is the official currency of the Federal Democratic Republic of Nepal, issued by the Nepal Rastra Bank (NRB, est. 1956). Subdivided into 100 paisa. Banknotes: ₨5, ₨10, ₨20, ₨50, ₨100, ₨500, ₨1,000 (the highest denomination; current 'Nepal Rastra Bank' series features Nepalese landscapes and wildlife including Mount Everest, the Bengal tiger, and traditional Nepali themes); coins: ₨1, ₨2, ₨5, ₨10. The Nepalese rupee has been pegged to the Indian rupee at NPR1.6 per INR since February 12, 1993 — making NPR effectively a managed proxy for INR. Nepal abolished its 240-year-old monarchy in 2008 and became a federal democratic republic. The country is sandwiched between India (south, east, west) and China (north — the Himalayan border) and is heavily dependent on remittances (~25-30% of GDP) from migrant workers in Gulf states, Malaysia, and India. Nepal contains 8 of the world's 10 highest peaks (Mount Everest 8,848m, Kangchenjunga 8,586m, Lhotse 8,516m, Makalu 8,481m, Cho Oyu 8,201m, Dhaulagiri 8,167m, Manaslu 8,163m, Annapurna I 8,091m). Tourism contributes ~7% of GDP.
Nepalese Rupee are commonly used in international travel, online shopping, and business transactions.
Why Convert Indian Rupee to Nepalese Rupee?
When travelling abroad, shopping from international retailers, or managing cross-border business payments, converting between Indian Rupee and Nepalese Rupee is an everyday necessity. Freelancers invoicing international clients, investors monitoring foreign markets, and students comparing cost-of-living data all benefit from instant, accurate currency conversion with live exchange rates.
Frequently Asked Questions
How do I convert Indian Rupee to Nepalese Rupee?
Enter any ₹ amount in the converter above. It automatically fetches the latest exchange rate and instantly calculates the equivalent ₨ value. No manual calculation is needed.
How often is the ₹/₨ exchange rate updated?
MegaCalc updates currency exchange rates hourly from live market data. The rate displayed reflects the current mid-market rate at the time of conversion.
What is the mid-market ₹/₨ exchange rate?
The mid-market rate is the midpoint between the buy and sell prices on the global foreign exchange market. It is the most accurate reference rate for comparing currencies. Banks and exchange services add a spread on top of this rate, so the rate you receive at a bank or airport will differ slightly.
Can I convert ₨ back to ₹?
Yes. Use the swap button on the converter to reverse the conversion direction and calculate ₨ to ₹ instantly at the current exchange rate.
Why do I need to convert Indian Rupee to Nepalese Rupee?
₹ to ₨ conversions are needed for international travel, online shopping from foreign retailers, cross-border business payments, and comparing prices or costs across countries. Investors and freelancers working with multiple currencies also rely on accurate exchange rate data for financial planning.