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2 Rupees - Monarchy/Republic
| Issuer | Nepal Rastra Bank |
|---|---|
| Year | 2006-2009 |
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| Shape | Round |
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| Obverse description | Central design depicts Mount Everest (Sagarmatha) rendered in stylized outline against a mountainous horizon, occupying the upper portion of the field. The Devanagari inscription 'सगरमाथा' (Sagarmatha) appears prominently alongside the Bikram Sambat date. A beaded border encircles the entire design. |
|---|---|
| Obverse script | Devanagari |
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| Additional information |
Nepal's transition from constitutional monarchy to federal democratic republic unfolded violently across these years — the Maoist insurgency that had run since 1996 formally ended with the 2006 Comprehensive Peace Accord, and by 2008 the 240-year-old Shah dynasty was abolished by the Constituent Assembly. Coins issued across this window therefore carry royal symbolism that was rendered politically obsolete mid-series, making the pre- and post-transition strikes from the same KM type effectively documents of the same denomination bridging two incompatible state identities.