Silver price in Nepalese Rupee (NPR) — Nepal
This page tracks the live silver price in Nepalese Rupee (NPR) for Nepal, by the gram, troy ounce and kilogram, plus the 999, 925, 900 and 800 purities. Prices are derived from the global XAG/USD spot rate and converted into NPR at Nepal's parallel-market exchange rate.
How the silver price in NPR is calculated
Silver is quoted internationally in US dollars per troy ounce (XAG/USD). To express it in Nepalese Rupee, we convert the spot price to a per-gram figure, apply the purity factor, and convert to NPR at Nepal's parallel exchange rate — the rate at which dollars actually trade, rather than the lower official central bank of Nepal rate.
Silver units and purities (gram, ounce, kilogram)
One troy ounce equals 31.1035 grams and one kilogram is 1,000 grams, so the per-ounce price is the per-gram price times 31.1035, and the per-kilo price is times 1,000. Purity is given in thousandths: 999 is fine (investment) silver, 925 is sterling, 900 and 800 are common in coins. A 925 piece is worth about 92.5% of the 999 price for the same weight.
Why silver prices follow the parallel market in Nepal
In Nepal, the Nepalese Rupee trades on a parallel market whenever the street price of dollars drifts away from the official rate. Like gold, silver is a dollar-priced store of value, so its NPR price climbs as the parallel rate weakens. Tracking silver in Nepalese Rupee gives a low-cost read on the same currency pressures that move gold and the street dollar.