Category: Exchange Rates
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How Do Exchange Rates Impact Your Money Transfers to Nepal from Australia?
Nepali migrants residing and earning in Australia often opt for international remittances to transfer their money to their families in Nepal. However, the exchange rate greatly impacts the actual transferred amount in Nepal. It actually determines each Australian Dollar (AUD) converts into how many Nepalese Rupees (NPR), and that isn’t static. To ensure efficient and…