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500 Ngultrum

Issuer Royal Monetary Authority of Bhutan
Year 2000
Type Standard circulation banknote
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Obverse description Portrait of King Ugyen Wangchuck in traditional ceremonial dress and hat at right, set against an elaborate central guilloche underprint incorporating dragon motifs and ornamental latticework. Denomination numerals appear at upper left and lower right, with Dzongkha script inscriptions across the top and bottom margins. A blank watermark oval is visible at left, flanked by intricate border patterns in multicolour intaglio.
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Protection type Watermark, Security thread
Protection description a portrait visible when held to light; embedded security thread running vertically through the note
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