The Nepalese Rupee (NPR) has a unique attribute of featuring Mount Everest, the world’s highest peak, on its banknotes. This not only highlights Nepal’s iconic natural heritage but also its pride in this globally recognized landmark. The NPR is further distinguished by the fact that Nepalese coins often feature depictions of animals and symbols significant to the country’s rich cultural tapestry, such as the Himalayan yak and the nepali flag.

Interestingly, the NPR has a historical link with the Indian Rupee, as it was pegged to the Indian Rupee (INR) in 1960, with an exchange rate of 1.6 NPR to 1 INR. This peg continues today, albeit with adjustments over the decades, reflecting the closely tied economies of these neighboring countries. The Royal Nepalese Mint, established in 1932, was a significant development in NPR history, enabling local currency production which significantly reduced dependence on foreign mints.