1 Rupee - Monarchy/Republic

Nepal's transition from constitutional monarchy to federal republic fell squarely across this coin's production window. King Gyanendra was stripped of his remaining powers in May 2008 when the newly elected Constituent Assembly abolished the 240-year-old Shah dynasty on its first day of session — which is precisely why this type spans both political orders rather than belonging cleanly to either. Coins struck in 2007 and early 2008 predate the abolition; those from late 2008 and 2009 do not.