AED To NPR Exchange Rate Today - UAE Dirhams To Nepalese Rupee

The official currency in Nepal is the Nepalese rupee (currency code NPR). The currency used in the United Arab Emirates (UAE) is the UAE dirham (currency code AED).

1 United Arab Emirates dirham (AED) is today worth 36.26 Nepalese rupees (NPR).

The AED to NPR exchange rate was last updated on Monday 2nd of October 2023 at 2:22 pm.

Convert NPR to AED

1 Nepalese rupee (NPR) is now worth 0.028 United Arab Emirates dirham (AED).

The NPR to AED exchange rate was updated on Monday 2nd of October 2023 at 2:22 pm GMT.

Currency Converter

Use our currency converter to convert UAE dirhams (AED) to Nepalese rupees (NPR) and vice versa.

Currency Conversion – UAE Dirhams to Nepalese Rupee

Nepalese rupee equivalents for a selection of UAE dirham amounts are shown below.

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1 AED = 36.26 NPR
5 AED = 181.28 NPR
10 AED = 362.55 NPR
50 AED = 1812.77 NPR
100 AED = 3625.54 NPR
500 AED = 18127.69 NPR
1000 AED = 36255.38 NPR
5000 AED = 181276.89 NPR
10000 AED = 362553.77 NPR
100000 AED = 3625537.71 NPR

Currency Conversion – Nepalese Rupees to UAE Dirhams

UAE dirham equivalents for a range of Nepalese rupee amounts are listed below.

1 NPR = 0.028 AED
5 NPR = 0.138 AED
10 NPR = 0.276 AED
50 NPR = 1.379 AED
100 NPR = 2.758 AED
500 NPR = 13.791 AED
1000 NPR = 27.582 AED
5000 NPR = 137.911 AED
10000 NPR = 275.821 AED
100000 NPR = 2758.212 AED

Nepalese Currency

The Nepalese rupee is the official currency of Nepal. One Nepalese rupee is divided into 100 paisa.

The Nepalese rupee is pegged to the Indian rupee at a rate of 1.6 Nepalese rupees to 1 Indian rupee.

The Nepalese rupee is issued by the Nepal Rastra Bank. Nepal Rastra Bank is Nepal’s central bank. It was established in 1956 under the Nepal Rastra Bank Act 1955. The bank is responsible for the issuance of currency, regulation of credit and foreign exchange, and supervision of the banking sector. It also manages the government’s foreign exchange reserves and oversees the country’s payments system.

Banknotes in common circulation come in denominations of 5, 10, 20, 50, 100, 500, and 1000 rupees.

Writing on the obverse side of current banknotes is in Nepali. Writing on the reverse side is in English. The obverse side of all notes features an image of Mount Everest. The reverse side of banknotes features an image related to Nepalese culture or history. For example, the reverse side of a 1000 rupee note features an image of two Asian elephants.

UAE Currency

The United Arab Emirates dirham (AED) is the currency of the United Arab Emirates. It is subdivided into 100 fils. The dirham is issued by the Central Bank of the UAE.

The UAE dirham is pegged to the US dollar at a rate of 3.6725 dirhams to the dollar.

Money Transfers from the UAE to Nepal – Personal Remittances

The UAE is home to a large number of migrants from Nepal. Many of these migrants send money back to their families in Nepal in the form of personal remittances.

These remittances are an important source of income for many Nepalese families and can help them to escape poverty.

The AED to NPR exchange rate is very important for Nepalese migrants living in the UAE because it affects how much money they can send home. When sending money they convert dirhams to Nepalese rupees.

For example, suppose a Nepalese migrant worker has 1,000 AED to send back home. At an exchange rate of 1 AED to 35 NPR, their family would receive 35,000 NPR. However, if the exchange rate is 1 AED to 36 BDT, their family would receive 36,000 NPR, a significant difference.

Exchange rates can fluctuate due to a variety of factors. Nepalese migrant workers need to keep track of the latest dirham to Nepalese rupee rate to make sure they are sending money home at the right time.

According to the World Bank, personal remittances sent to Nepal by migrants amounted to over $8 billion in 2020. This was equivalent to around 24% of Nepal’s gross domestic product (GDP). Remittances play a significant role in helping millions of Nepalese out of poverty.

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