Money & duty free for Nepal

Exchange rates:

Nepalese Rupee
C$1 = Rs70.82
€1 = Rs134.75
£1 = Rs163.39
US$1 = Rs97.58

Currency & Money

Currency information

Nepalese Rupee (NPR; symbol Rs) = 100 paisa. Notes are in denominations of Rs1,000, 500, 100, 50, 20, 10, 5, 2 and 1. Coins are in denominations of 50, 25 and 10 paisa.

Note: (a) Visitors should bear in mind that foreign visitors other than Indian nationals are required to pay their airline tickets, trekking permits and hotel bills in foreign currency. (b) The import of local and Indian currency is prohibited, except for nationals of Nepal and India.

Credit cards

American Express is widely accepted, with MasterCard and Visa in tourist shops, hotels, restaurants and agencies. ATMs are widely available in Nepal, however, it is not possible to withdraw cash in the mountains. Those embarking on treks should take enough cash for the duration of their trek.

ATM

American Express is widely accepted, with MasterCard and Visa in tourist shops, hotels, restaurants and agencies. ATMs are widely available in Nepal, however, it is not possible to withdraw cash in the mountains. Those embarking on treks should take enough cash for the duration of their trek.

Travellers cheques

Accepted at banks and major hotels. If trekking, it is important to bear in mind that cash is necessary. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars or Pounds Sterling.

Banking hours

Banks in the Kathmandu valley are open Mon-Fri 0900-1530. In other areas, opening hours are usually Sun-Thurs 1000-1500 and Fri 1000-1200. Licensed money changers are open 12 hours per day.

Currency restriction

The import of US$5,000 or more, or the equivalent amount in any other currency, must be declared on arrival. The export of local and foreign currency must be declared.

Currency exchange

It is illegal to exchange currency with persons other than authorised dealers in foreign exchange (banks, hotels and licensed money changers). Visitors should obtain Foreign Exchange Encashment Receipts when changing currency and keep them, as these will help in many transactions, including getting visa extensions and trekking permits.

Nepal duty free

The following goods may be imported into Nepal without incurring customs duty:

• 200 cigarettes and 50 cigars and 50g of tobacco.
• 1.15L of spirits or wine and 12 cans of beer.
• Medicine not exceeding Rs1,000.
• Fruits or canned food not exceeding Rs1,000 each.

All baggage must be declared on arrival and departure. Certain goods including cameras, videos and electronic goods may only be imported duty-free if they are exported on departure. They may not be left in Nepal.

Banned imports

Prohibited items include narcotics, beef and plastic bags less than 20 microns thick.

Restricted items include firearms and ammunition, radio equipment and poppy seeds.

Banned exports

Goods of historical, archaeological or religious importance, wild fauna, narcotics, firearms and ammunition, and certain herbs and woods.

Edited by Jane Duru
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