Sending money to Nepal from other countries has never been easier. We've done all the work for you, simply enter the amount you want to send into the form, and we will provide you with the best providers out there.
At the time this was written, the exchange rate for the Nepalese Rupee (NPR) was 110.2149 NPR per American Dollar (USD). The NPR reached a high of 112.7650 NPR per USD in the last 90 days, while the low was 109.3202 NPR per USD. The average exchange rate for the last 90 days was 111.0602 NPR per USD.
Over the last 90 days, the NPR has demonstrated a 0.31% volatility. The NPR is a rather stable currency and has fluctuated relatively mildly in the last two years. You can reasonably expect only minor fluctuations going forward, barring any unforeseen circumstances.
The fastest way to send money is through the fast versions of either Western Union or Xoom. Both of these options will see to it that your money reached its Nepalese destination in a matter of minutes. Both Xoom and Western Union also have plenty of locations inside Nepal, and they are among the most secure options available to you.
The only downside to either of these fast options is that they are very expensive. You can expect to pay a hefty upfront fee, and the hidden currency conversion rates are significantly higher than average.
The cheapest way to transfer funds to Nepal is through TransferWise. TransferWise only charges an upfront fee, which is lower than much of the competition. The real savings come in the form of an absence of hidden currency conversion fees, which is TransferWise’s biggest selling point. TransferWise is also a fairly quick option, as it should only take a day or two to complete a transfer.
TransferWise ends up saving you the most money when you send funds to Nepal. It also performs very well in general, with the exception of speed.
The easiest way to send money is also through TransferWise. TransferWise uses a three-step process that can be learned and repeated easily. All you need to do is tap in how much money you need to send and the destination. After that, you just complete the payment to TransferWise and the rest is up to them.
TransferWise is the overall best way to transfer money. Their ease of use combined with their low rates makes them an easy choice. While you will need to wait a day or two for the money to arrive at the destination, it is still faster than many more expensive options. With TransferWise, you can also send large amounts of money without having to pay a higher fee. In the end, TransferWise is the best overall option for sending funds to Nepal.