| Descripción del anverso |
Intaglio portrait of King Jigme Dorji Wangchuck in right profile, wearing traditional Bhutanese royal headdress, positioned at right. To the left, a circular vignette contains the Bhutanese royal emblem with two dragons encircling a thunderbolt, set against a fine guilloche underprint in blue and green tones. A decorative Druk (thunder dragon) vignette appears in the centre field, flanked by ornate scroll borders. Denomination numerals '100' appear at lower left and lower right corners, with Dzongkha script inscription running along the lower margin. |
| Leyenda del anverso |
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| Descripción del reverso |
Central vignette of Tashichho Dzong, the fortified monastery and seat of government in Thimphu, rendered in intaglio in shades of deep red and pink against a mountain backdrop. The issuer name 'ROYAL MONETARY AUTHORITY OF BHUTAN' is inscribed in bold letterpress at upper centre, flanked by two rampant Druk dragon vignettes in olive-gold tones at left and right borders. Denomination '100' appears in numeral panels at all four corners, with the English legend 'ONE HUNDRED NGULTRUM' and Dzongkha script inscription along the lower margin. |
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Thomas De La Rue printed this series for the Royal Monetary Authority — Bhutan's central bank, established only in 1982 — during a period when the country was still largely cash-dependent and formal banking infrastructure was thin on the ground. The ngultrum itself had only been introduced in 1974, pegged at parity with the Indian rupee, a relationship that remains in place today and effectively meant these notes circulated alongside Indian currency rather than replacing it.
The date range reflects a long print run with minimal design revision, typical of De La Rue's work for smaller issuers where plate costs discouraged frequent updates.