Money & Currency Exchange

In China the currency is the Chinese Yuan (CNY), often referred to as Renminbi (RMB) or kwai when spoken.

Denominations are: notes - 100, 50, 20, 10, 5. notes & coins - 1, 0.5, 0.2, 0.1

It is best to bring a mixture of cash and travelers checks in major currencies - USD, CAD, EUR, AUD - and ensure you have a mixture of large and small denominations.

Everyone’s spending is different, but as a guide we suggest USD7-9 per day (if you drink or smoke this could be higher). Shopping is difficult to predict, but most people buy more than they intended. If you intend to buy quality art works including hand-painted thangkas, carpets or traditional jewelry allow significantly more – you can easily spend USD200+ for top quality items.

Major currencies can be exchanged for Chinese Yuan (CNY) on arrival at Gongkar Airport and at Bank of China branches in Lhasa and Shigatse. Credit card cash advances incur a service fee of 3%.

ATM withdrawals (CNY only) are usually possible in Lhasa, but should not be depended upon.

It is possible to exchange USD and excess CNY into NPR at the Zhangmu/Kodari border and at exchange counters on return to Kathmandu.