The historic change took place in October 2007 where 500 rupees were issued and on which the king’s portrait was replaced by Mt. Everest. This followed the replacement of the king or its legends to the Mt. Everest in the currency notes of 5, 10, 20, 50, 100 and 1000 rupees.
In 2009, it was decided to print Nepal’s National flower, a red Rhododendron as a watermark.
Nepal Rastra Bank issued a revised banknote series in 2012 which is similar to the 2007 series. But now included inscriptions are in English and the year of issue on the back.
The front side of the note features Mount Everest, god Indra, wood carvings, clouds, Mount Amadablam and Thyangboche monastery. And the other side of the note shows Himalayan Tigers, Coat of arms, and Bank logo. The main color combination used in currency notes is Brown and violet.
Indra is an ancient Vedic deity. Interestingly, his affiliation can be seen in Hinduism, Buddhism, and Jainism. He is considered to be the king of heaven.
Image Courtesy: banknotes.com