Nepal Rastra Bank (NRB) put a newly designed Rs 1,000 banknote into circulation on Ashoj 8 featuring a light green purple color scheme, color shifting security ink and touch identifiable markings for visually imapired users.
Details of the banknote:The front of the note shows Sagarmatha along with seven Rhododendron flowers to represent Nepal's seven provinces . A 1000 watermark can also be seen along with Roman letter "M" while the back features a pair of rare twin elephants Ram and Laxman from Chitwan's elephant breeding center.
It carries the signature of NRB Governor Prof. Dr. Bishwanath Poudel. The Currency Management Department confirmed that the physical size of the note remains unchanged.
It also features vertical line marking added specifically for the easy identification of the note by visually impaired individuals.
The security features centers on color changing elements which is an image of Bhagwati which appears to be golden when viewed directly but shifts more to green color when tilted and a dynamic security thread that does the same.
The new note's serial number begin at 92000001.
Background/ History on the changing of note:
However, this isn't the first time the 1000 Rs note has changed. Since the monarchy's abolition, in 2008, previous royal portrait was replaced with national landmark. At first Mount Everest was featured alone, then addition of twin elephant was done later on. The elephant imagery has also had to corrected as the note prior to this "Series 2019" which came in ciruclation since Shrawan 7, 2077 featured elephant which was an African elephant instead of Nepal's native Asian elephant species.
The "Series 2019" remains valid and legal so there is no need of rush to exchange older notes.
