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500 Rupees - Gyanendra Bir Bikram 50th Year of Management Education
| Issuer | Nepal Rastra Bank |
|---|---|
| Year | 2003 |
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| Currency | Rupee (1932-date) |
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| Obverse description | Central field features the traditional Nepalese royal cipher (Shri Tin) rendered as a geometric mandala-style design composed of interlocking rectangular panels, each containing elements of the royal titulature in Devanagari script. A trident symbol (trishul) occupies the central medallion, flanked by the royal name GYANENDRA BIR BIKRAM SHAH DEV distributed across the four quadrants. Symbolic devices including a sun, a flame, and floral motifs appear in the corner panels. The Bikram Sambat year 2060 is inscribed at the base, and the whole design is enclosed within a beaded border. |
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| Edge | Reeded |
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| Additional information |
Management education in Nepal traces its formal origins to 1954, when Tribhuvan University established the country's first commerce faculty — making 2003 the fiftieth anniversary the bank chose to commemorate. The timing was awkward: Gyanendra had assumed the throne in 2001 following the royal massacre that killed nine members of the ruling family, and his reign remained politically contested throughout the issue's production. Nepal was simultaneously fighting a Maoist insurgency that would ultimately end the monarchy entirely within five years of this coin's striking.