Nepal Banknotes Catalog

The history of banknotes in Nepal is a fascinating journey through the economic and cultural evolution of this Himalayan country. From its earliest issues to today's banknotes, Nepalese banknotes reflect the rich heritage and political changes the nation has undergone over the years.

Current banknotes in circulation

Current Nepali banknotes belong to the series issued by Nepal Rastra Bank, the country's central bank. These denominations include 5, 10, 20, 50, 50, 100, 500 and 1000 rupees, each with designs depicting Nepal's culture and geography. The banknotes feature iconic images such as Mount Everest, historic temples and local wildlife such as the Indian rhinoceros. They also incorporate advanced security measures to prevent counterfeiting.

Old banknotes and milestones in Nepalese banknote printing

Nepal' s first banknotes were issued in 1945, during the reign of King Tribhuvan. These early issues were simple in design and lacked sophisticated modern security features. An important milestone in the history of Nepalese banknotes was the introduction of the Nepalese rupee as the official currency in 1932, replacing the silver mohur. Another significant moment occurred in 2007, when banknotes were redesigned to reflect Nepal's change from a monarchy to a republic, removing the effigy of the king from all banknotes.