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Foreign Exchange Rates Update – May 22

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NepaeTrading

Foreign Exchange Rates Update – May 22

The foreign exchange market in Nepal witnessed slight fluctuations across major currencies as of May 22, 2025, according to the latest update on exchange rates. The data shows the buy and sell rates for six major foreign currencies against the Nepali Rupee (NPR), reflecting the country’s ongoing engagement with global financial dynamics and the impact of international currency trends on domestic rates.

The United States Dollar (USD), one of the most widely traded currencies in Nepal, is being bought at NPR 136.73 and sold at NPR 137.33. This marginal difference between the buy and sell rates continues to indicate a stable yet slightly appreciating dollar against the Nepali rupee.

The Euro (EUR), the official currency of the Eurozone, is being bought at NPR 155.03 and sold at NPR 155.71. The narrow spread between buy and sell prices points to a steady demand for the euro, which is commonly used for trade and education-related expenses in Europe.

Similarly, the British Pound Sterling (GBP), one of the strongest currencies globally, is seeing a buy rate of NPR 183.36 and a sell rate of NPR 184.17. The Pound remains relatively high, reflecting the currency’s strength in the international market.

The Australian Dollar (AUD), frequently used by Nepali students and workers in Australia, is being traded at NPR 88.14 on the buy side and NPR 88.53 on the sell side. This indicates a stable exchange range, making it easier for Nepali remitters and importers to plan financial activities.

The Singapore Dollar (SGD) is being bought at NPR 106.07 and sold at NPR 106.53, indicating a minor fluctuation which remains consistent with the regional economic ties between Nepal and Singapore, especially in the labor and tourism sectors.

Lastly, the Japanese Yen (JPY) is being traded at NPR 9.52 on the buy side and NPR 9.56 on the sell side. Though relatively low in individual value, the yen remains an important currency due to Japan’s strong economic relationship with Nepal, particularly in development aid and trade.

These updated exchange rates provide a clear snapshot of Nepal’s current foreign currency market, assisting businesses, travelers, and remittance receivers in making informed decisions. The small margins between buy and sell rates across most currencies reflect a stable economic environment with predictable currency movements.

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