In Nepal the currency is the rupee; the short form is NRs and the currency code is NPR. There are many currency exchange outlets where you can easily change money. Rupee notes are denominated in 5, 10, 20, 50, 100, 500, and 1000. Rupee coins are denominated in 1, 2, and5.
Can I use my credit card in Nepal?
In Kathmandu and other major cities, you can occasionally use your credit card. Where credit cards are accepted, all major cards are valid. In remote areas and rural villages, you will (99% of the time) be unable to use your credit card to pay for things. In general, cash is king be prepared to use it for most, if not all, of your purchases.
Are there ATMs if I need to with‐ draw cash?
There are numerous ATMs in big cities such as Kathmandu, Pokhara, and Chitwan.
Check with your bank to find out what the charges are to withdraw money from abroad. Also, most if not all ATMs will charge an additional fee of 500 Rupees to withdraw cash from a non‐Nepali card. In remote areas, you will most likely not have access to ATMs. On major trekking routes, an ATM can sometimes be found, but the fees are higher to withdraw cash and the amount you are able to withdraw often has a much lower threshold. If you’re venturing outside of the city, the best bet is to make sure you take enough cash with you to cover your stay.
Are prices in Nepal comparable to those at my home?
Goods and services are often not priced as they are abroad. You will find that the cost to buy food, basic clothing, and accommodation, is lower than at home. For example, in most places you can buy dinner for less than USD$5. That being said, the Purchasing Power Parity in Nepal is extremely low, so although things cost relatively less than abroad, local salaries are reflectively and exponentially lower as well.