50 Rupees

Nepal's 50 Rupee notes of this series were part of a broader modernization push by Nepal Rastra Bank following the 2008 abolition of the monarchy — the removal of the royal cipher from circulation currency was a deliberate political act, not merely a design refresh. De La Rue has handled Nepalese printing contracts across multiple series, making their involvement here unremarkable, though the cotton substrate was specified to improve durability in Nepal's humidity extremes and high-altitude postal routes where notes degrade faster than in lowland economies.

Watermark-only security is notably lean for a mid-denomination note printed this late in the security printing era.