
BANKNOTES OF BHUTAN
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Date |
Pick# |
Denomination |
Observations |
Obverse |
Reverse |
1986 |
12 |
1 Ngultrum |
Sign 3 |
 |
 |
Obverse
Design: Government crest in the center with two dragons on either
side.
Reverse Design: Simidkha Dzong |
1986 |
14 |
5 Ngultrum |
|
 |
 |
Obverse
Design: The Government crest in the center with two
mythical bird ( Bja Tshering), the bird of long life at both right and
left sides
Reverse Design: Paro Rinpung Dzong. |
2000 |
22 |
10 Ngultrum |
|
 |
 |
Obverse
Design: The Governmen crest on the left. Dungkar (conch) one of the
eight lucky signs in the center. Portrait of His Majesty Jigme Singye
Wangchuck on the right.
Reverse Design: Paro Rinpung Dzong |
2000 |
23 |
20 Ngultrum |
|
 |
 |
Obverse
Design: The Government crest on the left. Khorlo ( Wheel of Dharma ,
one of the eight auspicious signs) in the center. Portrait of the third
King His Majesty
Jigme Dorji Wangchuck on the right.
Reverse Design: Punakha Dzong |
2000 |
24 |
50 Ngultrum |
|
 |
 |
Obverse
Design: The Government crest on the left. Khorlo Wheel of Dharama,
one of the eight auspicious signs in the center. Portrait of the third
King His Majesty Jigme Dorji Wangchuck on the right.
Reverse Design: Trongsa Dzong with two mythical bird Bja Tshering
(bird of long life) at both ends. |
2000 |
25 |
100 Ngultrum |
|
 |
 |
Obverse
Design: Crossed Dorji (Dorji jardrum) watermark on the left.
Norbu Rimpochhe, one of the seven auspicious gems in the center.
Portrait of His Majesty Jigme Singye Wangchuck on the right.
Reverse Design: Tashichho Dzong with two dragons at top ends. |
2001 |
26 |
500 Ngultrum |
|
 |
 |
Obverse
Design: Crossed Dorji (Dorji jardrum) watermark on
the left. Norbu Rimpochhe incircled by two Dragons, one of the seven
auspicious gems in the center. Portrait of His Majesty Ugyen Wangchuck
on the right.
Reverse Design: Punakha Dzong |
2007 |
NEW |
1 Ngultrum |
|
 |
 |
|
2007 |
NEW |
5 Ngultrum |
|
 |
 |
|
2007 |
NEW |
20 Ngultrum |
|
 |
 |
|
2007 |
NEW |
500 Ngultrum |
|
 |
 |
|
The history of the currency of the Bhutan
The first coins in Bhutan were introduced around the
1790’s which were bad imitations of the coins issued by the Cooch Bihar Kingdom.
The Indian rupee has circulated in Bhutan since 1907 and it remains legal tender
in Bhutan today. Bhutan first issued rupee coins in 1928 at par with the Indian
rupee, and introduced the ngultrum in 1974 again at par with the Indian rupee.
The ngultrum is divided into 100 chertrums. The ngultrum’s ISO 4217 code is BTN.
Banknotes are currently issued by the Royal Monetary of Bhutan, who took over
the responsibilities from the Royal Government of Bhutan in 1983.
At present coins circulate in denominations of 20, 25, 50 chertrum and 1
ngultrum. The 5 and 10 chertrum coins have been discontinued. Banknotes are
issued in 5, 10, 20, 50, 100 and 500 ngultrum. The 1 and 2 ngultrum notes were discontinued but remained legal tender.
In 2007 a new series of banknotes was introduced and it was decided to again
issue 1 Ngultrum notes.
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Page created: 6 June 2006
Last Update: 9 July 2007
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