NPR black market rate on Oct 16, 2026: 161.5 per USD
On Friday, October 16, 2026, the US dollar traded at about 161.5 NPR on Nepal's parallel (black) market at the close of observations. The day opened at 159.25 NPR, reached a high of 164.38 and a low of 147.46, a trading range of 16.92 NPR (11.47%).
Across 222 observations, the average price to buy dollars was 154.83 NPR and the average price received when selling dollars was 176.41 NPR. Over the session the Nepalese Rupee weakened against the dollar (+1.41% from open to close).
Official rate vs black market rate on Oct 16, 2026
The official exchange rate published for Nepal on this date was 152.16 NPR per USD. The parallel-market close of 161.5 NPR therefore implied a premium of +6.14% over the official rate — a moderate gap consistent with limited but functioning official access to foreign exchange.
How Oct 16, 2026 compares
Compared with the previous observed day (Oct 15, 2026, close 159.16 NPR), the rate moved +1.47%.
One week earlier (Oct 9, 2026) the close was 151.06 NPR, so the weekly change was +6.91%.
Thirty days earlier (Sep 16, 2026) the close was 144.51 NPR, a +11.76% move over the month.
How this daily figure is produced
ETCurrency samples Nepal's USD/NPR parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Oct 16, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Nepalese Rupee black market rate on Oct 16, 2026?
- The USD to NPR parallel market rate closed at approximately 161.5 NPR per US dollar on Friday, October 16, 2026, after trading between 147.46 and 164.38 NPR.
- How much did the NPR move against the dollar that day?
- From an open of 159.25 to a close of 161.5 NPR, the parallel rate moved +1.41% on Oct 16, 2026.
- What was the gap between the official and black market NPR rate on that date?
- The official rate was 152.16 NPR per USD versus a parallel close of 161.5 NPR, a premium of +6.14%.
- Was the NPR black market rate higher or lower than the day before?
- Higher: the previous observed close was 159.16 NPR on Oct 15, 2026, a change of +1.47%.
Figures are aggregated parallel-market observations for Nepal in UTC and are indicative only; they are not a quote to trade. See the full USD → Nepalese Rupee history or today's live rate.