Nepalese Rupee

Nepalese Rupee

The Nepalese rupee (Nepali: रूपैयाँ, symbol: रू, Rs.; code: NPR) is the official currency of the Federal Democratic Republic of Nepal. The Nepalese rupee is subdivided into 100 paisa. The issuance of the currency is controlled by the Nepal Rastra Bank, the central bank of Nepal. The Nepalese rupee was introduced in 1932, when it replaced the Nepalese mohar at the rate 2:1. Prior to 1994, the Nepalese rupee (रू) was pegged to the Indian rupee (₹) at the rate रू1.45 = ₹1, however since then it has been pegged at the rate रू1.60 = ₹1 currently.

South African Rand

South African Rand

The rand (sign: R; code: ZAR) is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse Rand (South African Rand). The Rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the last three countries do have their own currencies pegged at par with rand. Before 1976, the rand was legal tender in Botswana.

8 Nepalese Rupee to South African Rand exchange rates chart

8 NPR to ZAR exchange rates graph
8 NPR to ZAR Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

8 NPR to ZAR exchange rates table

Exchange NPR to ZAR
8 Nepalese Rupee = 0.960 South African Rand
16 Nepalese Rupee = 1.920 South African Rand
40 Nepalese Rupee = 4.800 South African Rand
80 Nepalese Rupee = 9.600 South African Rand
Exchange Nepalese Rupee to South African Rand
8 Nepalese Rupee to South African Rand Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

8 NPR to ZAR exchange rates news

testNepal robots serving food at Kathmandu restaurant

Uniindia: Kathmandu, Aug 27 (UNI) In Nepal, there is a Kathmandu restaurant using robots as waiters to serve the food.

26 days indicative negative
USD up; Euro, Pound down

Uniindia: Mumbai, Dec 17 (UNI) Following were the indicative currency rates<br />and travellers'' cheques buying and selling rates per <br />unit.

about 1 month indicative neutral
Pound up, Euro, Yen, USD down

Uniindia: Mumbai, Nov 23 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit.

about 1 month indicative neutral
Central bank allows foreign borrowing

The Nepal Rastra Bank (NRB) has allowed commercial banks to borrow funds equivalent to up to 25 percent of their core capital from foreign financial institutions.

about 1 month conditional negative
RBI To Give Rs 1 Billion In 100-Rupee Banknotes To Nepal To Ease Crisis

The NRB's plan to import INR 100 denomination notes was delayed due to the Indian government's move to demonetise INR 500 and INR 1,000 notes on November 8, , nepal, rupee, Demonetisation, reserve bank of india

about 1 month conditional positive
Rand gains ahead of GDP data

The rand moved in tandem with other emerging markets which have been buoyed by thaw in tensions between the world’s top two economies as presidents Donald Trump and Xi Jinping struck a deal at the G20 summit over the weekend in Argentina.

about 2 months conditional positive
South Africa's Rand Falls to 2-Year Low As Turkey Rout Spreads

Magnitude of rand's slide came after three days of heavy losses and caught South African Reserve Bank by surprise, but deputy governor at bank told Reuters that regulator was 'nowhere near' intervening to support currency

about 2 months conditional positive

8 NPR to ZAR currency converter