2000 Ngultrums Buddha

Bhutan's Royal Monetary Authority issued this piece during a period when the kingdom was actively expanding its numismatic program for the international collector market — a revenue strategy common among smaller Himalayan and Pacific nations through the 1990s. The 2000 Ngultrum denomination bore no relation to domestic circulation; at issuance, the Ngultrum was pegged at parity with the Indian Rupee, making a face value of 2000 Ngultrums a purely nominal fiction for export sale.