p12r: 1 Ngultrum from 1986

ND (1986). Blue on multicolored underprint. Two signature varieties. Royal emblem between two facing dragons at center. Simtokah Dzong palace at center on back. Serial number at lower left and upper right. As a replacement banknote with serial number prefix Z, or fractional serial number prefix with numerator Z. Issue: Regular Issue.

• Country & Pick Number:Bhutan p12r
• Denomination & Currency:1 Ngultrum
• First Year of Issue:1986
• Issue Type: Replacement Note
• Series:1985-92 ND Issue
• Issuer:Royal Monetary Authority of Bhutan