Today's INR to NPR Price Update

Summary

This report provides the real-time exchange rate between the Indian Rupee (INR) and the Nepalese Rupee (NPR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Indian Rupee (INR) is a major fiat currency in South Asia, while the Nepalese Rupee (NPR) represents the currency of Nepal. The exchange rate between them reflects the relative economic strength and monetary stability of both nations, serving as an important indicator for cross-border trade and investment flows in the region.

Today’s Price

• 1 INR = 1.6008 NPR
• 24h High: 1.6008 NPR
• 24h Low: 1.6007 NPR

Market Analysis

Recent INR/NPR price action shows minimal volatility, trading within a narrow range. Technical analysis indicates a Strong Sell outlook based on moving averages (MA5 to MA200), with 0 Buy signals and 12 Sell signals across the analysis framework.

• Technical levels: Current trading near 1.6008 NPR with tight daily range
• Risk note: The Strong Sell signal suggests downward pressure; traders should monitor for potential breakdowns below key support levels
• Trading opportunities: Forward-looking forecasts suggest a potential rise to 1.61 NPR within the next year, representing approximately 0.56% appreciation

Conclusion

Continue to monitor the INR/NPR pair closely, integrating technical indicators with regional economic developments. The current Strong Sell signals warrant caution for long positions, while the longer-term forecast suggests potential upside opportunities for patient investors.