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500 Rupees
| Issuer | Nepal Rastra Bank |
|---|---|
| Year | 1999-2000 |
| Type | Log in to see details |
| Value | 500 Rupees |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | At left, a portrait of King Birendra in ceremonial plumed crown; at centre, a vignette of the Swayambhunath Stupa together with the Harati Temple; at right, a watermark window bearing a crown watermark. Inscriptions appear in Devanagari script identifying the issuing authority and denomination. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
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| Variants | Log in to see details |
| Comments |
Nepal's 500 Rupee denomination has historically occupied an awkward position in the country's monetary supply — large enough to be hoarded, small enough to circulate freely in urban markets, which means surviving notes from this issue frequently show heavy use. The P#43 series was printed during the late Birendra period, just before the royal massacre of June 2001 destabilized the country's institutional confidence and triggered a broader review of currency security standards.
Watermark-only security reflects the relatively modest anti-counterfeiting investment of Nepalese notes of this vintage — later issues added security threads and color-shifting ink in response to documented forgery activity in the early 2000s.