FOREIGN EXCHANGE :
Foreign Exchange
Visitors must exchange foreign currency
only through banks or authorized foreign
exchange dealers. They can exchange
money at foreign exchange counter at the
airport upon arrival. They need to take
receipts of the transaction. Currencies
can be exchanged between 9 A. M. to 3 P.
M. at commercial banks from Monday to
Friday. The banks remain closed on
Saturday and Sunday.
Nepalese Currency
The Nepalese currency is called Rupee
(which is often written NRs). The
Nepalese notes of NRs. 1, NRs. 2, NRs.
5, NRs. 10, NRs. 20, NRs. 25, NRs. 50,
NRs.100, NRs. 250, NRs. 500 and NRs.
1,000 are in use. Coins of 5 paisa, 10
paisa, 25 paisa and 50 paisa are also in
use.
Currency Converter
Use
http://www.xe.com/ucc/full.shtml
currency converter to convert your
holiday funds instantly. Simply type the
amount of currency you would like to
convert, select the currency you are
converting from and to, and then just
click on the currency converter button
to perform currency conversion.
Note : The currency rates are subjected
to have constant change depending upon
the exchange rate of Government bank.
Universal Currency Converter under
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HOW
TO ENTER NEPAL :
Foreign nationals, except Indians, need
a visa for visiting Nepal. The Royal
Nepalese Embassy or Consulate provides
you a visa. You can also get the visa at
airport upon arrival.
For a single entry visa, it costs US$ 30
for 60 days, whereas one has to pay US$
25 for an additional re-entry fee, US$
40 for double and US$ 60 for multiple
visas. But children below 10 need not
pay any visa fee. Those, who intend to
stay more than 60 days here, have to pay
Nepalese currency equivalent to US$ 50
as visa extension fee for 30 days. They
have to consult the Department of
Immigration to extend the visa. US$ 50
is charged for 30 days for those who
want to re-enter Nepal within 150 days
after leaving the country during the
same visa year.
Foreign investors can obtain a business
visa with multiple entry from the
Department of Immigration for a period
of one and five years at the
recommendation of the Ministry of
Commerce and Industry by paying an
equivalent of US$ 100 and 250
respectively in Nepalese currency. |
