50 Rupees Year of Co-operatives

Nepal's International Year of Co-operatives issue was struck in alignment with the UN-declared 2012 observance, part of a broader push by the Nepalese government to formally recognize the cooperative sector, which by that point accounted for a significant share of rural credit and agricultural distribution in the country. Nepal Rastra Bank had been issuing commemorative rupee pieces tied to UN themes with increasing regularity through the 2000s, this being a late entry in that pattern.