Catalog
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| Issuer | Royal Monetary Authority of Bhutan |
|---|---|
| Year | 1974-1975 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin/Tibetan |
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| Reverse lettering | ཕྱི ཏ་ཊམ 5 CHETRUMS |
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| Additional information |
The Royal Monetary Authority of Bhutan was itself only established in 1982, meaning coins issued under its name in 1974–75 predate the institution as a functioning central bank — these were struck in anticipation of a formal monetary framework that had not yet been fully codified. Bhutan's currency had long operated alongside Indian rupees, which remained legal tender well into this period, so early RMA-attributed issues circulated in a genuinely bifurcated monetary environment.
Aluminium was the practical choice for low-denomination coinage across developing nations in the 1970s as silver and bronze costs rose sharply. At 1.48 grams, these pieces wore and bent easily in circulation.