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1000 Rupees

Issuer Nepal Rastra Bank
Year 1999-2000
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Value 1000 Rupees
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Obverse description At left, a portrait of King Birendra Bir Bikram Shah Dev in ceremonial plumed crown set within a watermark window panel. The central vignette presents the Swayambhunath Stupa alongside the Harati Temple rendered in fine intaglio line work. To the right, a second watermark window panel is reserved for the crown watermark impression.
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Reverse description The central vignette carries a large intaglio rendering of an Asian elephant standing in tall grassland vegetation, set against a pale multicolour underprint. Devanagari denomination inscription रुपैयाँ एक हजार and the English legend RUPEES ONE THOUSAND appear to the right of the animal, with numeral 1000 at lower left and lower right. The national arms of Nepal appear in a circular seal at lower centre-right, and a detailed vignette of the national crest is contained within an ornate arched cartouche at far right. A reserved watermark window panel occupies the left margin.
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Nepal's 1000 Rupee note at this denomination was, at the time of issue, the highest face value in regular circulation for the Nepalese banking system. The late 1990s saw Nepal Rastra Bank under considerable pressure to modernize its note series — the country had experienced significant inflation through the decade, and a high-denomination note was an operational necessity for the banking sector rather than a policy ambition.

The watermark is the sole machine-readable security element on this issue, a fairly minimal specification for a note of this value by 1999 standards. Later series would incorporate metallic threads and more sophisticated features as counterfeiting concerns grew across South Asia.