Issued to mark the second SAARC Summit, held in Bangalore in November 1986, this coin commemorates an organization that had existed for barely a year at the time of striking. The South Asian Association for Regional Cooperation was formally chartered in Dhaka in December 1985 — Nepal was among the seven founding members, giving Kathmandu particular motivation to mint commemorative issues at each early summit.
The 1987 date reflects production timing rather than the summit itself.
Issued to mark the second SAARC Summit, held in Bangalore in November 1986, this coin commemorates an organization that had existed for barely a year at the time of striking. The South Asian Association for Regional Cooperation was formally chartered in Dhaka in December 1985 — Nepal was among the seven founding members, giving Kathmandu particular motivation to mint commemorative issues at each early summit.
The 1987 date reflects production timing rather than the summit itself.