The majority of hotels, shops, and restaurants accept credit cards like American Express, Master, and Visa. Make sure to carry your foreign exchange encashment receipt while paying for foreign exchange or transferring foreign currency in Nepali rupees.
In hotels, travel agencies, and airlines, payments are also made in foreign exchange through the wide use of ATMs, which are only convertible for 10% of the total amount in the bank.
Significant banks, exchange counters, and hotels at TIA (Tribhuvan International Airport) provide services to exchange foreign currency whose rates are published in English dailies in Nepal, such as The Kathmandu Post, Rising Nepal, and The Himalayan Times.
The currency of Nepal is denominated by the notes of rupees 1, 2, 5, 10, 20, 50, 100, 500, and 1000 as the highest. Coins are found in denominations of rupees 1, 2, and 5. Here, 100 paisa is equal to 1 rupee.