According to a Giesecke & Devrient press release, the Royal Monetary Authority of Bhutan switched the printer and substrate for its 1- and 10-ngultrum notes dated 2013. These notes (B216b and B218b, respectively) are now printed by Giesecke & Devrient, not De La Rue, and are printed on a compositeRead More…

The Royal Monetary Authority of Bhutan has issued a 100-ngultrum (US$2.05) banknote to commemorate the 13 October 2011 royal wedding of King Jigme Khesar Namgyel Wangchuck and Queen Jetsun Pema. According to this BBS article dated 12 October 2011, the notes (and 500-ngultrum coins) are available in Bank of Bhutan,Read More…

The Royal Monetary Authority of Bhutan has issued revised banknotes denominated in 5, 100, and 500 ngultrum. The notes are dated 2011, and carry a new signature (Dasho Daw Tenzin) and title of GOVERNOR. as well as improved PEAK (printed embossed anticopy key) security elements. Courtesy of Rui Palhares.Read More…

Anil R. Bohora and Gylfi K. Snorrason have just published a new catalog called Banknotes of Bhutan (ISBN 978-81-7525-881-5). This 137-page softcover book is beautifully illustrated in full color throughout, with large front and back images of all notes, and details of vignettes that are thoroughly explained. The book containsRead More…

B220 (P31): 50 ngultrum (US$0.70) Pink, orange, and green. Front: Dzongkha text; khorlo (Wheel of Dharma), one of eight good luck symbols; 5th king, Jigme Khesar Namgyel Wangchuck. Back: Dzongkha and English text; Trongsa Dzong. Solid security thread. Watermark: Jigme Khesar Namgyel Wangchuck. Printer: (De La Rue). 145 x 70Read More…