# Travel >> Travel Preparation >> Currency & Exchange

How to Convert RMB to NRS

The Federal Democratic Republic of Nepal, created in the 18th Century and similar in size to Tennessee, is largely dependent on agriculture and textiles for its economic survival. After establishing diplomatic relations with China in 1956, Nepal has enjoyed regular international trade with its huge neighbor. Since the 1990s, Chinese has provided Nepal with financial aid of more than 800 million Chinese renmimbi yuan (RMB or CNY, about U.S. $124 million). Renmimbi yuan are convertible locally with Nepalese rupees (NR).

Calculator

Instructions

- 1
  Check the amount in RMB you wish to convert. Write down this value.
- 2
  Divide the amount to be converted in RMB by the RMB to U.S. dollar exchange rate, which can be found at the International Monetary Fund's website and fluctuates daily, and write down your answer. For example if the amount to be converted is 520 yuan and the RMB exchange rate is 6.5, your answer will be 80.
- 3
  Multiply your answer by the NR to U.S. dollar exchange rate. For example, if your answer is 80 and the NR exchange rate is 71.2, the result will be 5,696.
- 4
  Check your work. Make a note of the result, which is the amount in RMB converted to NRs.