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5 Rupees - Mahendra Bir Bikram Shah

Issuer Nepal Rastra Bank
Year 1962-1968
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Value 5 Rupees (5 NPR)
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Obverse description Purple border enclosing a green-tinted centre. At left, a portrait vignette of King Mahendra Bir Bikram Shah; at centre, a vignette of Swayambhunath Temple; at right, a clear watermark window. A crown watermark is incorporated into the paper.
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Protection description Crown watermark visible in the watermark window area of the note.
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Comments

Nepal Rastra Bank was established in 1956, replacing the older Nepal Bank Limited as the sole issuing authority — this series, beginning in 1962, was among the first to fully consolidate that transition under the new central bank's name and structure. Thomas De La Rue had long been the dominant printer for Himalayan-region issues, and their involvement here was a continuation of a relationship that stretched back through several predecessor series.

King Mahendra's reign saw Nepal pivot away from the Rana oligarchy that had controlled the country for over a century. Notes bearing his portrait carried real political weight during a period of rapid constitutional change, including the introduction of the Panchayat system in 1960.

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