Nepalese rupee
Nepalese rupee: a currency still in use.
- Dates in use
- Still in use; introduction date not established here
- Currency code
- NPR
- Ancestry branch
- See family connections
Its place in the family
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The story
The treasury began issuing Nepali currency notes in 1945; the account dates issuance from 17 September 1945 and describes continuing dual circulation with Indian currency. [1]
Nepal’s rupee was already an account unit in an 1807 royal endowment. The nineteenth-century mohar rupee was reckoned as two silver mohars; 1945 paper currency exchanged at par with mohar-rupee coins. Earlier 1807 and 1945 observations firm; long-span continuity qualified. Do not add a 1932 mohar→rupee edge based on coin catalogue labels. Distinct paisa-rupee and Gorakhpuri-rupee accounts remain candidate branches. [2]
The 1908 reform retrospective reports the abolition of several local ganda reckonings and nationwide use of the standardized mohar rupee. The report supplies a reform interval, not a founding date. [3]
Turning points
Account-unit observation
Royal directives dated6April 1806 set an annual25-rupee assessment per kheta of specified uncultivated land and demand mortgage amounts in rupees. The local rupee account is explicit; assignment to the later unified Nepalese identity remains qualified. [4]
Sources and evidence
- Nepal Rastra Bank · Nepal Rastra Bank in Fifty Years, Part III: Macroeconomy C526 ↗
- King Gīrvāṇayuddha; critical edition Astrid Zotter with Ramhari Timalsina, Heidelberg Academy · DNA_0013_0031: Royal land endowment for Badhuvā Nagārci, VS 1864; Mahesh C. Regmi, Regmi Research Series14 · Currency System in Nineteenth-Century Nepal; Mahesh C. Regmi, Regmi Research Series16; translated government orders · Introduction of Paper Currency (summary translations of 1945 orders) C1195 ↗
- Mahesh C. Regmi, Regmi Research Series16; translated government orders · Introduction of Paper Currency (summary translations of 1945 orders) C1213 ↗
- King Girvanayuddha; edited and translated by Ramhari Timalsina with Raju Rimal and Astrid Zotter · DNA_0010_0117: royal administrative directives C1762 ↗
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Cite this page
“Nepalese rupee.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/FTM000384.html