300 Ngultrums Year of the Dragon

Bhutan's Royal Monetary Authority issued a series of commemorative silver pieces through the 1990s largely through arrangements with foreign minting and marketing firms, a common mechanism for small Himalayan kingdoms generating numismatic export revenue rather than circulating coinage. The Year of the Dragon holds particular weight in Bhutanese culture — the country's name in Dzongkha, Druk Yul, translates roughly as "Land of the Thunder Dragon," making this a locally resonant issue rather than a generic lunar calendar piece.