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200 Ngultrum Year of the Ox
| Issuer | Royal Monetary Authority of Bhutan |
|---|---|
| Year | 2021 |
| Type | Non-circulating coin |
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| Obverse description | The official seal of the Kingdom of Bhutan occupies the central field, featuring the traditional Bhutanese royal emblem. The legend KINGDOM OF BHUTAN arcs along the upper periphery in Latin script, while the corresponding inscription in Dzongkha script appears along the lower periphery. |
|---|---|
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| Reverse description | A stylized ox rendered in an ornate, decorative manner is depicted at center, its body adorned with intricate floral patterning in the traditional Bhutanese artistic style. The central motif is encircled by an elaborate decorative frame. The denomination and date appear below within a cloud-form motif, accompanied by the silver specification legend distributed around the design. |
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| Additional information |
Bhutan's Royal Monetary Authority has issued a consistent run of lunar-themed commemoratives, but these pieces circulate almost exclusively through the international collector market — they have no practical monetary function within Bhutan, where the ngultrum operates at parity with the Indian rupee and day-to-day commerce is dominated by that relationship entirely.