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1 Rupee
| Issuer | Nepal Rastra Bank |
|---|---|
| Year | 1968-1970 |
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| Composition | Log in to see details |
| Size | 102 × 64 mm |
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| Obverse description | The obverse presents a vignette of an elephant at left paired with a temple at centre, all set within an intricate guilloche border. A large oval watermark window occupies the right portion of the face, reserved for the crown watermark. Legends in Devanagari script appear across the design. |
|---|---|
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| Reverse description | The reverse is rendered in rose-pink and green, with a large oval watermark window at left against a green underprint of mountain scenery and tropical foliage. At centre, a vignette of the Kalash — a sacred ceremonial vessel surmounted by a crescent finial — sits above the Nepal Rastra Bank seal with its Devanagari legend. A Nepalese coin reverse appears at right within a circular frame, with the denomination 'Re. 1' at lower left and its Devanagari equivalent at lower right. |
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| Comments |
Nepal Rastra Bank was established in 1956, but the 1 Rupee denomination remained under the authority of the Ministry of Finance for years after — a jurisdictional quirk that meant low-value notes lagged behind the rest of the series in transitioning to full central bank issue. The P#12 sits in a transitional run printed by Thomas De La Rue during a period when Nepal was actively restructuring its monetary institutions following the introduction of the 1956 Nepal Rastra Bank Act.
De La Rue's contract for Nepalese currency in this period produced several closely related types, and the 1968–1970 date span reflects sequential issue rather than a redesign.