How many notes are there in Nepal ?

Dec Wed 2023 02:06:29

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How many notes are there in Nepal ?

 6 trillion 40 billion  Bank notes across the country

Nepal has its currency. The Nepal currency’s name is the Nepalese Rupees. Would it be fantastic to go on trips without worrying about money? It would, but we live in a capitalist world that demands us to carry cash wherever we go. Or bring some form of money, at least.

1, 2, 5, 10, 20, 25, 50, 100, 250, 500 and 1000. I am pleased to mention that the NRB has also issued the commemorative note of Rs. 50 to mark its Golden Jubilee. As for Nepalese Rupee notes you can find 1, 2, 5, 10, 20, 50, 100, 500 and 1,000 rupees.

Kathmandu. Since electronic payment technology is not accessible to all citizens, how many bank notes of Nepalese people who do more transactions through cash? This curiosity arises in common people while thinking about the same with a note in hand.

Nepal Rastra Bank, which issues the notes, has released the data to clear this question. According to the Central Bank, until the end of last June, bank notes of different rates equal to 6 trillion 40 billion rupees are in circulation all over Nepal.

Rastra Bank released the annual report of the last financial year and gave information about the notes in circulation. According to the report, there are currently 11 currency notes in circulation in Nepal. V.No. The central bank claims that the 25 and 250 rate notes, which were printed in 2053, but were discontinued due to high cost, are also in circulation at present.

The National Bank has informed that there are 161.1 million rupee notes, 1.852 million rupee notes, 5.7 million rupee notes and 8.74 million rupee notes in circulation. Meanwhile, in terms of percentage, it has been seen that the use of 5, 10, 20, 50 and 100 notes has increased compared to 500 and 1000 notes. It has been seen that the use of 500 and 1000 notes has decreased somewhat due to increased use of electronic payments in urban areas instead of large notes in economic relaxation and large transactions.