Losar also known as Tibetan New Year, is a festival in Tibetan Buddhism. The holiday is celebrated on various dates depending on location tradition. The holiday is a new year's festival, celebrated on the first day of the lunisolar Tibetan calendar, which corresponds to a date in February or March in the Gregorian calendar. In 2020, the new year commenced on the 24th of February and celebrations ran until the 26th of the same month. It also commenced the Year of the Male Iron Rat.
The variation of the festival in Nepal is called Lhochhar and is observed about eight weeks earlier than the Tibetan Losar.