We noticed that you're using an unsupported browser. The TripAdvisor website may not display properly.
We support the following browsers:
Windows: Internet Explorer, Mozilla Firefox, Google Chrome. Mac: Safari.

Currency Exchange

Which Kathmandu hotels are on sale?
dd/mm/yyyy dd/mm/yyyy
See hotels
Singapore
Level Contributor
45 posts
Save Topic
Currency Exchange

Appreciate advise on the following:

1. Do the bank or money changer gives a better exchange rate?

2. Is Singapore dollar accepted by the bank or money changer in Nepal?

3. How about Euro dollar, is it accepted by the bank or money changer?

4. Does the money changer in Kathmandu Airport re-exchange Nepalese rupee into foreign currency? How about bank or money changer in the city?

5. I read somewhere that only 10% of the amount exchanged into Nepalese rupee can be re-exchanged into foreign currency, is this true and valid?

Help is much appreciated.

France
Destination Expert
for Nepal, Tibet, Bhutan, Bhaktapur, Kathmandu, Jomsom, Mustang Region, Namche Bazaar, Sagarmatha National Park, Annapurna Region
Level Contributor
3,425 posts
80 reviews
Save Reply
1. Re: Currency Exchange

Hello,

Welcome to TripAdvisor forum for Nepal!

1. Banks have better rates most of the time but money changers change the currency easily and fast.

2. Accepted in both.

3. Also accepted by both.

4. I never tried in airport but I guess they will change. You better change in city for better rates, many travelers complained that the rate in the airport is poor.

Good Luck!

Edinburgh, United...
Level Contributor
466 posts
60 reviews
Save Reply
2. Re: Currency Exchange

We used the money changer/booths. Unless you're changing big sums the difference is negligible. Some currencies attract better rates than others. We found that we got more rupees for GBP than the USD equivalent although that may have been a timing thing.

Tokyo
Level Contributor
15 posts
41 reviews
Save Reply
3. Re: Currency Exchange

Hi there

Planning our2nd trip to Nepal

does anyone know which is best to bring to Nepal

to exchange later in KTM …

50 Euro Note bill

100 Euro Note bill

we know for a fact that 5000 Yen note are not welcome at All ….

thanks for helping

Kathmandu, Nepal
Destination Expert
for Nepal
Level Contributor
2,267 posts
51 reviews
Save Reply
4. Re: Currency Exchange

Both Euro 50 and 100 notes are fine and have better rates comparing to smaller denominations.

Kathmandu, Nepal
Level Contributor
306 posts
66 reviews
Save Reply
5. Re: Currency Exchange

1. Do the bank or money changer gives a better exchange rate?

Ans: More or less same. Or slightly differnt. But in the bank it's a lengthy process, they'll need your passport copy, visa copy..etc. and need to be in a queue. In the money changer you just simply exchange it. And Nepal's money changers are enough trustable.

2. Is Singapore dollar accepted by the bank or money changer in Nepal?

Ans: Both are accepted here. So, either currency you bring here would be fine.

The foreign correncies you can exchange in Nepal:

US Dollor

Australian Dollor

Singapore Dollor

HongKong Dollor

UK Pound Sterling

Swiss Franc

Japanese Yen

Chinese Renminbi (Yuan)

Saudi Arabian Riyal

Qatari Riyal

UAE Dirham

Malaysian Ringgit

South Korean Won

Swedish Krone

Danish Krone

Kuwaiti Dinar

Bahraini Dinar &

Thai Bhat

3. How about Euro dollar, is it accepted by the bank or money changer?

4. Does the money changer in Kathmandu Airport re-exchange Nepalese rupee into foreign currency? How about bank or money changer in the city?

Ans: At the airport you'll need to show the exchanged paper (receipt) which you may not get while excjanging in the money exchange counter.

The money exchange counters do accept back the rupees and give you foreign currency. But their selling rate can be different than the previously exchanged rate (a little different)

5. I read somewhere that only 10% of the amount exchanged into Nepalese rupee can be re-exchanged into foreign currency, is this true and valid?

Ans: Not very true. Through the money exchange the full amount back.

Tokyo
Level Contributor
15 posts
41 reviews
Save Reply
6. Re: Currency Exchange

Thanks Nplguy

7. Re: Currency Exchange

-:- Message from TripAdvisor staff -:-

This topic has been closed to new posts due to inactivity. We hope you'll join the conversation by posting to an open topic or starting a new one.

To review the TripAdvisor Forums Posting Guidelines, please follow this link: http://www.tripadvisor.com/pages/forums_posting_guidelines.html

We remove posts that do not follow our posting guidelines, and we reserve the right to remove any post for any reason.

Removed on: 23 May 2015, 06:16