p16r: 20 Ngultrum from 1986

ND (1986); ND (1992). Olive on multicolored underprint. Facing portrait of Jigme Dorji Wangchuk at right. Punakha Dzong palace at center on back. Serial number fractional style. 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 p16r
• Denomination & Currency:20 Ngultrum
• First Year of Issue:1986
• Issue Type: Replacement Note
• Dimensions:152 x 69 mm
• Series:1985-92 ND Issue
• Issuer:Royal Monetary Authority of Bhutan