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INR to NPR: Indian Rupee to Nepalese Rupee

Live INR to NPR exchange rate today - 1 INR equals 1.6022 NPR, with an instant two-way converter for Indian Rupee to Nepalese Rupee.

Today's INR to NPR Exchange Rate

1 INR = 1.602200 NPR

1 NPR = 0.6241 INR

Updated: September 3, 2026 ยท Source: Frankfurter API (blended central bank reference rates)

Currency Converter

1.00 Indian Rupee =

1.6022 Nepalese Rupee

Last updated: September 3, 2026

This INR to NPR rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.

Use the calculator above to convert any amount both ways: enter a value in either the INR box or the Nepalese Rupee (NPR) box to see the live conversion instantly.

Related Data

What is INR (Indian Rupee)?

A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.

Key Facts

  • ISO code: INR
  • Symbol: โ‚น
  • Subunit: 100 paise = 1 rupee
  • Issued by: Reserve Bank of India (RBI)

What is NPR (Nepalese Rupee)?

Pegged to the Indian Rupee at a fixed 1.6 NPR = 1 INR since 1993 - the Indian Rupee also circulates as accepted currency across much of Nepal.

Key Facts

  • ISO code: NPR
  • Symbol: โ‚จ
  • Subunit: 100 paisa = 1 rupee
  • Issued by: Nepal Rastra Bank (NRB)

Why Does the INR/NPR Exchange Rate Change?

The INR/NPR rate moves every trading day, driven mainly by:

  • The INR peg itself - NPR has been fixed at 1.6 NPR = 1 INR since 1993, so INR/NPR barely moves day to day; this is one of the most stable pairs on this site by design.
  • Nepal Rastra Bank's foreign exchange reserves, largely held in Indian Rupees, which is what lets it defend the peg.
  • Remittances from Nepali workers abroad (including in India), a major source of foreign currency for Nepal.
  • India-Nepal trade, Nepal's largest trading relationship by far given its landlocked geography and dependence on Indian ports and supply routes.
  • Cross-border tourism and labour migration between the two countries, both largely unaffected by exchange rate movements given the near-fixed rate.
  • Rare peg-adjustment risk - Nepal has debated moving off the peg in policy circles, though it has held since 1993.

Frequently Asked Questions

Is the Nepalese Rupee pegged to the Indian Rupee?

Yes, fixed at 1.6 NPR = 1 INR since 1993. Because of this, INR/NPR barely moves - it's one of the most stable exchange rates you'll find on this site.

Can I use Indian Rupees directly in Nepal?

In practice, yes - Indian Rupees are widely accepted across much of Nepal alongside the Nepalese Rupee, though large-denomination Indian notes (โ‚น500 and above) have faced restrictions at times. This page's converter still gives the correct reference rate for accounting or planning purposes.

Is this the bank rate or forex rate?

It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.

How often is the rate updated?

Once a day, refreshed at 7:00 AM IST from the Frankfurter API.

Where do these rates come from?

Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.

Can I use this rate for an actual currency conversion?

Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.

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