Catalog
100 Ngultrum
| Issuer | Royal Monetary Authority of Bhutan |
|---|---|
| Year | 2025 |
| Type | Log in to see details |
| Value | 100 Ngultrum |
| 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 |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ༡༠༠ 100 A06370646 |
| Reverse description | The central vignette presents an intaglio rendering of Tashichho Dzong in Thimphu, the seat of the Bhutanese government, executed in fine detail with its characteristic whitewashed walls and tiered rooftops set against a stylised landscape background. The issuer name 'Royal Monetary Authority of Bhutan' arches across the upper portion in English, flanked by the denomination numeral '100' at either side, with the Bhutanese national emblem at upper left. A large elliptical clear window device is positioned at right, and the inscription 'ONE HUNDRED NGULTRUM' runs along the lower border. |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Bhutan's switch to polymer for the 100 Ngultrum marks only the second denomination in the series to move away from cotton-paper substrate, following the earlier polymer trials on lower-value notes. The Royal Monetary Authority has been cautious about the transition — Bhutan's high-altitude storage conditions and the relatively low volume of notes in circulation made the cost-benefit case for polymer slower to develop than in neighboring economies.
Pick 43 is a 2025-dated issue, recent enough that secondary market pricing remains unsettled.