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1 Rupee - Mahendra Bir Bikram
| Issuer | Nepal Rastra Bank |
|---|---|
| Year | 1964-1966 |
| Type | Standard circulation coin |
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| Obverse description | Central field features a traditional Nepalese geometric design composed of a cruciform grid divided into nine compartments, with a central medallion bearing a trident (trishula) symbol. The surrounding compartments contain auspicious symbols including a sun, conch shell, lotus flower, and other sacred emblems. The royal name legend in Devanagari script reading 'Sri Sri Sri Mahendra Bir Bikram Shah Dev' is distributed across the grid panels. The Bikram Sambat regnal year appears at the base of the design in Devanagari numerals. The entire composition is enclosed within a fine beaded border. |
|---|---|
| Obverse script | Devanagari |
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| Additional information |
Nepal Rastra Bank was established in 1956 to replace the older Udaya Rajya Laxmi Bank and take control of currency issuance from the Nepalese government directly. This series was struck during a period when King Mahendra was consolidating power under his Panchayat system — a partyless political structure he imposed following the royal coup of December 1960, which dissolved the elected government of B.P. Koirala. The copper-nickel composition itself was a deliberate modernization, replacing earlier silver-content rupees as Nepal integrated more formally into regional monetary practice.