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500 Rupees

Issuer Nepal Rastra Bank
Year 2007
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Value 500 Rupees
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Reverse description Central intaglio vignette of a pair of tigers drinking water, rendered in fine engraved detail against a pale ground. A watermark window at left displays a pink rhododendron vignette in colour, with the numeral '५००' (500 in Devanagari) below it. The Nepal Rastra Bank seal appears at bottom centre, flanked by the denomination legend 'RUPEES FIVE HUNDRED' along the lower margin, with a teal guilloche numeral '500' panel at lower right and Devanagari inscription at upper centre.
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Protection type Watermark, Security thread
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Comments

Nepal's 500 Rupee notes of this period were issued under the interim constitutional framework following the formal end of the Maoist insurgency and the abolition of the monarchy — a prolonged political transition that created real uncertainty about whose portrait or symbol would appear on the country's currency. The royal cypher, used on earlier series, was politically untenable by 2007, which pushed the Rastra Bank toward alternative national imagery.

Pick 65 is among the first issues to reflect that post-monarchy design philosophy in this denomination.