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500 Rupees

Issuer Nepal Rastra Bank
Year 2007
Type Standard circulation banknote
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Obverse description Central vignette of Mount Everest at left, with Mount Ama Dablam and Thyangboche Monastery occupying the centre of the note. A watermark window at right carries a crown watermark, above which a red rhododendron — Nepal's national flower — is printed in colour. Intricate guilloche underprint and traditional decorative borders frame the composition throughout.
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Reverse lettering रुपैयाँ पाँच सय
RUPEES FIVE HUNDRED
नेपाल राष्ट्र बैंक
असतोमा सद्गमय
काठमाडौं, नेपाल
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Comments

Nepal's 500 Rupee notes of this period were issued under the interim constitutional framework following the formal end of the Maoist insurgency and the abolition of the monarchy — a prolonged political transition that created real uncertainty about whose portrait or symbol would appear on the country's currency. The royal cypher, used on earlier series, was politically untenable by 2007, which pushed the Rastra Bank toward alternative national imagery.

Pick 65 is among the first issues to reflect that post-monarchy design philosophy in this denomination.

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