- Nepalese rupee
Nepalese rupee रूपैयाँ (Nepali) 500 rupee banknote ISO 4217 code NPR Official user(s) Nepal Unofficial user(s) India Used near India - Nepal border areas along side (alongside Indian rupee) Inflation 7.8% Source The World Factbook, October 2005 est. Pegged with Indian rupee = 1.6 Nepalese rupees Subunit 1/100 paisa Symbol Rs or ₨ or रू. Coins 1, 5, 10, 25, 50 paisa, Re. 1, Rs. 2, Rs. 5, Rs. 10 Banknotes Freq. used Rs. 5, Rs. 10, Rs. 20, Rs. 25 Rs. 50, Rs. 100, Rs. 500, Rs. 1000 Rarely used Re. 1, Rs. 2 Central bank Nepal Rastra Bank Website www.nrb.org.np
The rupee (Nepali: रूपैयाँ) is the official currency of Nepal. The present rupee has the ISO 4217 code NPR and is normally abbreviated with the sign ₨. It is subdivided into 100 paisa. The issuance of the currency is controlled by the Nepal Rastra Bank. The most commonly used symbol for the Rupee is Rs or ₨.
The rupee was introduced in 1932, replacing the silver mohar at a rate of 2 mohar = 1 rupee. Initially, the rupee was called the mohru in Nepalese. Its value was pegged to the Indian rupee in 1993 at a rate of 1.6 Nepalese rupees = 1 Indian rupee.
In 1932, silver 20 and 50 paisa and 1 rupee coins were introduced, followed by copper 1, 2 and 5 paisa between 1933 and 1935. In the 1940s, copper ¼ and ½ paisa and nickel-brass 5 paisa were added. In 1953, a new coinage was introduced consisting of brass 1, 2 and 4 paisa, bronze 5 and 10 paisa, and cupro-nickel 20, 25 and 50 paisa and 1 rupee. The 20 paisa was discontinued after 1954.
In 1966, aluminium 1, 2 and 5 paisa and brass 10 paisa were introduced. Aluminium 25 paisa coins were introduced in 1982, followed by stainless steel 50 paisa and 1 rupee in 1987 and 1988. In 1994, smaller 10 and 25 paisa coins were issued, alongside aluminium 50 paisa and brass-plated-steel 1, 2, 5 and 10 rupaiya..
In 1951, the government introduced notes for 1, 5, 10 and 100 rupees, with the name mohru used in Nepalese. The State Bank took over note issuance in 1956 and, in its second issue, began using the name rupee in the Nepalese texts. In 1972, 500 and 1000 rupees notes were added, followed by 50 rupees in 1974 and 2 rupees in 1981, after the discontinuation of production of 1 rupee notes (some are still in circulation). 20 rupees notes were introduced in 1982. 1 and 2 rupees notes are no longer produced, although previously issued ones are still in circulation. The 1 rupee note has a picture of Ama Dablam, one of the neighbours of Mt. Everest, on its reverse side.
For the 2 rupees with a symbol of Indian god on aside and with mantra on the top on the left is the most valued that can be auction at $39,000 USD and above. This note now readed from the Nepal National Bank only left less then 180 note. The only note that really valued from year 1832-1867.
Current NPR exchange rates From Google Finance: AUD CAD CHF EUR GBP HKD JPY USD From Yahoo! Finance: AUD CAD CHF EUR GBP HKD JPY USD From OzForex: AUD CAD CHF EUR GBP HKD JPY USD From XE.com: AUD CAD CHF EUR GBP HKD JPY USD From OANDA.com: AUD CAD CHF EUR GBP HKD JPY USD
- Krause, Chester L. and Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed. ed.). Krause Publications. ISBN 0873411501.
- Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9.
Currencies named rupee or similar Circulating ObsoleteAfghan rupee · Bhutanese rupee · Burmese rupee · Danish Indian rupee · (British) East African rupee · French Indian rupee (roupie) · German East African rupie · Gulf rupee · Hyderabad rupee · Italian Somaliland rupia · Javan rupee · Mombasan rupee · Netherlands Indian roepiah · Portuguese Indian rúpia · Riau rupiah · Travancore rupee · West Irian rupiah · Zanzibari rupee FictionalHylian rupee See also Currencies of Asia Central East North South Southeast WestAbkhazian apsar (unrecognized) · Afghan afghani · Armenian dram (Nagorno-Karabakh) · Azerbaijani manat · Bahraini dinar · Egyptian pound (Gaza Strip) · Euro (Cyprus) · Georgian lari · Iranian rial · Iraqi dinar · Israeli new shekel (Palestinian territories) · Jordanian dinar (West Bank) · Kuwaiti dinar · Lebanese pound · Nagorno-Karabakh dram (unrecognized) · Omani rial · Russian ruble (Abkhazia, South Ossetia) · Qatari riyal · Saudi riyal · Syrian pound · Turkish lira (Northern Cyprus) · UAE dirham · Yemeni rial
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Nepalese rupee — noun the basic unit of money in Nepal; equal to 100 paisa • Syn: ↑rupee • Hypernyms: ↑Nepalese monetary unit • Part Meronyms: ↑paisa … Useful english dictionary
Nepalese Rupee - NPR — The currency of Nepal. The Nepalese rupee is broken into smaller units, called paisa, and is found in both coin and banknote form. It is managed by the central bank, the Nepal Rastra Bank. The Nepalese rupee was created in 1932, and was initially … Investment dictionary
NPR (Nepalese Rupee) — The currency abbreviation or currency symbol for the Nepalese rupee (NPR), the currency of Nepal. The Nepalese rupee is made up of 100 paisa and is often represented by the symbol Rs or Rp. Nepal has three main currency exchange rates: the… … Investment dictionary
Nepalese banknotes — Between 1945 and 2007 Nepalese banknotes were issued with the portraits of four different kings. Starting in October 2007 the king’s portrait was replaced by Mount Everest on all notes which have been issued since. Banknote of 100 mohurs with the … Wikipedia
Rupee — The Rupee (Unicode|₨ or Rs.) (Hindi and Urdu: Rupiya , from Sanskrit rupyakam meaning coins of silver) is the common name for the currencies used in India, Pakistan, Sri Lanka, Nepal, Hyrule, Mauritius, and Seychelles; in Indonesia the unit of… … Wikipedia
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