Average FX rate to USD rose 5.52% to 132 per USD in Nepal in 2023, according to the National Statistical Office.
Historically, Average FX rate to USD in Nepal reached an all time high of 132 per USD in 2023 and an all time low of 6.09 per USD in 1952. When compared to Nepal's main peers, Average FX rate to USD in Bangladesh amounted to 106 per USD, 82.6 per USD in Bhutan, 7.08 per USD in China and 82.6 per USD in India in 2023.
Nepal has been ranked 53rd within the group of 143 countries we follow in terms of Average FX rate to USD, 4 places above the position seen 10 years ago.
| FX Rate to USD (Average) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Bangladesh | per USD | 80.4 | 83.5 | 84.5 | 84.9 | 85.1 | ||||||||||||||||
| Bhutan | per USD | 65.1 | 68.4 | 70.4 | 74.1 | 73.9 | ||||||||||||||||
| China | per USD | 6.76 | 6.62 | 6.91 | 6.90 | 6.45 | ||||||||||||||||
| India | per USD | 65.1 | 68.4 | 70.4 | 74.1 | 73.9 | ||||||||||||||||
| Japan | per USD | 112 | 110 | 109 | 107 | 110 | ||||||||||||||||
| Myanmar | per USD | 1,360 | 1,430 | 1,518 | 1,382 | 1,615 | ||||||||||||||||
| Nepal | per USD | 105 | 109 | 113 | 118 | 118 | ||||||||||||||||
| Pakistan | per USD | 105 | 122 | 150 | 162 | 163 | ||||||||||||||||
| Russia | per USD | 58.3 | 62.7 | 64.7 | 72.1 | 73.7 | ||||||||||||||||
| Sri Lanka | per USD | 152 | 162 | 179 | 186 | 199 | ||||||||||||||||
| USA | per USD | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
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