BANKNOTES OF BHUTAN
These notes are available for your viewing pleasure!
Click on the thumbnails to enlarge.

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 1790ís 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 ngultrumís 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.


BACK TO HOMEPAGE
Page created:     6 June 2006
Last Update:       9 July 2007

Maps are provided by Graphic Maps
All maps provided by them bear their copyright information.
All scans shown here are of actual notes from my collection unless otherwise noted.
Images and content unless otherwise noted are copyrighted.
(c) 2006 - 2007 Will's Online World Paper Money Gallery