Nepalese rupee

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Image:Nepal One Rupee obverse.jpg The rupee (Nepali:रूपैयाँ) is the official currency of Nepal. 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 ISO 4217 code for Nepalese Rupee is NPR.

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 is pegged to the Indian rupee, with 1.6 Nepalese rupees = 1 Indian rupee.

Coins

Decimal coins issued at the same time as Indian rupee and come in denominations of 1, 2, 5, 10, 25 and 50 paisa. In 1994 a 1, 2 and 5 Rupee coins were issued and a 10 Rupee was issued in 1997

Banknotes

Banknotes are denominated as follows 1, 5, 10, 20, 50 ,100, 500 and 1000 with 1-100 issues starting in 1951 and 5000 issues in 1981 and 1000 in 1972.

Template:Money-stub Template:Rupee Template:AsianCurrenciesde:Nepalesische Rupie it:Rupia nepalese mr:नेपाळी रूपया nl:Nepalese rupee ja:ネパール・ルピー th:รูปี (เนปาล) zh:尼泊尔卢比