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Nepal has it’s own
currency. Nepali currency is called Nepali rupees and shortly written as
Rs. There are many bills of Nepal currency. The currency bills are
carried out by the National Bank of Nepal. These are Rs. 1, Rs.2, Rs.5,
Rs.10, Rs. 20, Rs. 50, Rs.100, Rs.500, and Rs. 1000. in some special
occasion the National bank also publish some currency bills denominating
Rs. 25, Rs. 250 and so. There are also some coin denominations, the
coins were widely used in the country in early centuries in the age of
15th century onwards. There were originally made of gold, silver, and
other original metals. These denominate 5 paisa, 10 Paisa, 25 paisa, 50
Paisa, Rs 1, Rs. 2, Rs. 5. Sometimes likewise in special occasions the
National Bank of Nepal also bring out coins denominating Rs. 10, Rs. 25,
Rs. 100, etc.
Nepali Rupee is one weak currency in the world. One US dollar
Equivalents around 62 Rupees (early 2008) one Indian Currency
Equivalents 1.60 Rupees, one Euro Equivalents around 83 Rupees and so
on. People other than Indian nationals are not allowed to purchase
goods In the currency other than that are convertible in Nepal.
There are few currencies which are convertible. US dollars, Euro, Pound
Sterling, Australian Dollars, Hong Kong Dollar, Qatar Riyal, Malaysian
Currency etc. are some of the exchangeable currencies in Nepal.
Sometimes ago, there was rule of printing the face of King with Crown in
their head in the currency notes and coins. These days sue to political
changes in the country there are many national important Natural,
Historical, Cultural, faces are printed. The Nepali notes are easily
noticeable with the denomination value in both English and Nepali
Languages.
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