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50 Paisa - Gyanendra Bir Bikram
| Issuer | Nepal Rastra Bank |
|---|---|
| Year | 2003-2004 |
| Type | Standard circulation coin |
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|---|---|
| Obverse script | Devanagari |
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| Reverse description | Central device depicts the dome and harmika of the Swayambhunath Mahachaitya (Swayambhu Stupa), a revered Buddhist monument in Kathmandu, with the characteristic painted eyes of the Buddha visible on the tower. Below the stupa, a row of traditional prayer bells is shown in decorative relief. The denomination '50 Paisa' and the inscription 'Sri Swayambhunath Mahachaitya' appear in Devanagari script surrounding the central device. |
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| Additional information |
Gyanendra's reign was fractured from the start. He first assumed the throne briefly in 2001 following the palace massacre that killed King Birendra and most of the royal family, then reassumed it permanently after the death of Dipendra — who had technically reigned for three days while in a coma. These aluminium paisa pieces were struck during a period when Maoist insurgency had effectively paralyzed large portions of the country, and low-denomination coinage saw minimal meaningful circulation outside Kathmandu. Gyanendra dissolved parliament outright in 2005, a year after this series ended.