Credit Cards and Foreign Currency
In Nepal, payments are typically made in foreign currency to hotels, airlines, travel agencies, and trekking outfitters. Foreign exchange services are offered by large banks and foreign exchange counters in all of Nepal's major cities. The daily currency exchange rates were essentially published in daily English newspapers like the Kathmandu Post, Himalayan Times, and Rising Nepal. When transferring foreign currency to Nepali currency, keep your receipt in case you need to exchange any leftover Nepali currency into hard cash before leaving Nepal. There are notes in Nepali rupees worth 1000, 500, 100, 50, 20, 10, 5, 2, and 1. There are coins in the following denominations: 5, 2, and 1. 100 paisas make up one rupee.
Today's major cities see a large increase in the use of credit cards. Major hotels, stores, and restaurants accept credit cards like American Express, Master, and Visa widely. The banks are only permitted to convert 10% of the total amount. In big cities, ATM cards are widely used.
Please click the provided link to view the daily exchange rate.
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