Nepalese rupee: Difference between revisions

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{{Infobox currency
{{Infobox currency
| currency_name_in_local = {{native name|ne|रूपैयाँ|italics=no}}
| currency_name_in_local
| image_1 =
| image_title_1 =
| iso_code = NPR
| using_countries = {{flag|Nepal}}
| unofficial_users =
| inflation_rate = 7.8%
| inflation_source_date = ''[https://www.cia.gov/library/publications/the-world-factbook/fields/2092.html The World Factbook]'', October 2005 est.
| subunit_ratio_1 = 1/100
| subunit_name_1 = Paisa
| symbol = [[Rupee|Rs]] or [[Rupee|₨]] or रू.
| used_coins = 1, 5, 10, 25, 50 paisa, Re. 1, Rs. 2, Rs. 5, Rs. 10
| frequently_used_banknotes = Rs. 5, Rs. 10, Rs. 20, Rs. 25 Rs. 50, Rs. 100, Rs. 500, Rs. 1000
| rarely_used_banknotes = Re. 1, Rs. 2,Rs. 250
| issuing_authority = [[Nepal Rastra Bank]]
| issuing_authority_website = {{URL|www.nrb.org.np}}
}}
[[File:Two nepalese rupee coin.png|thumb|Two rupee coin]]

The '''rupee''' ({{lang-ne|रूपैयाँ}}) is the official [[currency]] of [[Nepal]]. The present rupee has the [[ISO 4217]] code ''NPR'' and is normally abbreviated with the sign '''₨'''. It is subdivided into 100 ''paisa''. The issuance of the currency is controlled by the [[Nepal Rastra Bank]]. Several other currencies are also called [[rupee]].

==History==
The rupee was introduced in 1932, replacing the silver [[Nepalese mohar|mohar]] at a rate of 2 mohar = 1 rupee. Initially, the rupee was called the ''mohru'' in [[Nepali language|Nepali]]. Its value was pegged to the [[Indian rupee]] in 1993 at a rate of 1.6 Nepalese rupees = 1 Indian rupee. <ref>http://users.erols.com/kurrency/asia.htm</ref>

==Banknotes==
{{see also|Nepalese banknotes}}

On 17 September 1945, the government introduced notes for 5, 10 and 100 rupees, with the name mohru used in Nepalese.<ref>{{cite book | last1 = Linzmayer | first1 = Owen | title = The Banknote Book | chapter = Nepal | publisher = www.BanknoteNews.com | year = 2012 | location = San Francisco, CA | url = http://www.banknotebook.com}}</ref>

There are also 25- and 250-rupee notes commemorating the [[Silver Jubilee]] of [[Birendra of Nepal|Birendra Bir Bikram Shah]] in 1997.{{cn|date=March 2015}}

Since 2007, Nepalese rupee banknotes have been produced by [[Perum Peruri]], the National Mint Public Company of [[Indonesia]]. <ref>http://majalah.tempointeraktif.com/id/arsip/2010/05/03/EB/mbm.20100503.EB133448.id.html</ref>

{{Exchange rate|NPR}}

==See also==
* [[Economy of Nepal]]
* [[Nepalese coins]]
* [[Nepalese banknotes]]

==References==
{{reflist}}

==Sources==
{{refbegin}}
* {{numis cite SCWC | date=1991}}
* {{numis cite SCWPM | date=1994}}
{{refend}}

==External links==
{{Rupee}}
{{Currencies of Asia}}

{{DEFAULTSORT:Nepalese Rupee}}
[[Category:Economy of Nepal|Rupee, Nepalese]]
[[Category:Fixed exchange rate]]
[[Category:Currencies of Nepal]]
[[Category:1932 introductions]]

Revision as of 03:59, 27 April 2015

{{Infobox currency | currency_name_in_local