Can Indian currency be used in Nepal?

Although Indian currency is valid in Nepal (at an official exchange rate of 1.60 Nepalese rupees to 1 Indian rupee), the Rs. 500 and Rs. 1000 currency notes are not acceptable. Carrying 500 and 1000 Indian rupee notes is a punishable offence in Nepal.

How much Indian currency can I carry to Nepal?

Export and Import of Indian Currency

Further, an individual may carry to Nepal or Bhutan, currency notes of Reserve Bank of India denominations above ₹100/-, i.e. currency notes of ₹500/- and/or ₹1000/- denominations, subject to a limit of ₹25,000/-.

Where can I exchange Indian rupees in Nepal?

There are lot of places where you can exchange the currency in the major cities of Nepal or you can also do it at the airport. Kathmandu will be the best place to do that, look for government-certified money changers on Thamel Marg street, Chaksibari Marg street, and near Durbar Square. Indian currency is not accepted.

Is Nepal expensive than India?

India is 4.5% cheaper than Nepal.

Does Nepal accept old Indian rupees?

The Indian government on November 8, 2016 announced the ban on old 500 and 1,000 rupee notes to curb black money in the system. “Around INR 7 crore (demonetised currency) is deposited in our Central Bank. … Demonetisation caught Bhutan and Nepal off guard where Indian currency is widely used.

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Can we use Indian ATM in Nepal?

You may use your normal INDIAN CARD (debit / credit) in Nepal. These establishments will charge you in NPR which will later be converted to INR by your bank while issuing you the statements. You may use the local INDIAN VISA / MASTER card (that is used in India) for withdrawal / payments.

Is Passport required for Nepal?

Do Indian Travellers Need to Possess a Passport to Visit Nepal? Yes, it is vital for Indians travelling to Nepal to carry their valid passports. However, tourists who do not possess their passport for Nepal from India can produce a few other documents in its stead to enter the country.

In which country 1 rupee has highest value?

12 Places Where Indian Rupee Will Make You Feel Rich

  • Costa Rica (1 INR = 8.15 Colons) …
  • Hungary (1 INR = 4.22 Forint) …
  • Nepal (1 INR = 1.6 Nepalese Rupee) …
  • Sri- Lanka (1 INR = 2.08 Sri Lankan Rupee) …
  • Paraguay (1 INR = 74.26 Guarani) …
  • Cambodia (1 INR = 63.93 Riel) …
  • Mongolia (1 INR = 29.83 Tugrik) …
  • Zimbabwe (1 INR = 5.85 ZWD)

Is INR accepted in Bhutan?

Indian rupees may be used freely anywhere in Bhutan (don’t be surprised if you get change in rupees). Officially 500 and 1000 Indian rupee notes are not accepted due to large amounts of counterfeit notes; however, in practice 500s are usually accepted.

How much is 100rs in Nepal?

Are you overpaying your bank?

Conversion rates Indian Rupee / Nepalese Rupee
10 INR 16.02920 NPR
20 INR 32.05840 NPR
50 INR 80.14600 NPR
100 INR 160.29200 NPR
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Is there train from India to Nepal?

Now, the plan has been expanded to a 69-km-long railway line from Jaynagar to Bardibas in Nepal. … The project is being developed with support from the Government of India.