FEDAN-Foreign Exchange and Money Dealers Association of Nepal, regulated by the Central Bank of Nepal (NRB), provides daily "Buying Rates" for banks and remittance companies. This Rate is normally not available to customers sending remittances.

Money transfer companies charge a 1% to 5% service fee. The Rate of Exchange (ROE) is calculated by subtracting this fee from the Bank rate, representing the final converted amount.

Bank Rates are updated at 10 AM and 2 PM every business day. We publish the higher of the two rates to ensure our customers receive the best value.