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500 Rupees

Issuer Nepal Rastra Bank
Year 2012
Type Standard circulation banknote
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Obverse description Central vignette presents a panoramic mountain landscape with Mt. Everest at left and Mt. Ama Dablam alongside Thyangboche Monastery at centre. A watermark window at right bears the national flower, the Rhododendron. The date is rendered in Nepali numerals as 2069 B.S. in the lower field.
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Protection description Rhododendron watermark visible in the dedicated window area on the right of the obverse; embedded security thread running vertically through the note.
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Nepal's 500 rupee denomination has historically occupied an awkward position in daily commerce — large enough to be hoarded, small enough to circulate heavily, which means worn examples of this series vastly outnumber crisp ones in the secondary market. The 2012 issue falls within the long-running series that followed Nepal's formal abolition of the monarchy in 2008, a political rupture that forced a wholesale redesign of the currency to strip royal imagery and symbolism accumulated over decades of Shah dynasty rule.

Pick 74 carries a relatively modest security specification for its face value — watermark and thread only, without the foil patches or color-shifting ink later added to higher-denomination Nepalese notes.