The Royal Monetary Authority of Bhutan (RMA) received the award for its new ngultrum banknote series. It recently unveiled the designs for the first three notes in its new note family – the 100, 500, and 1,000 ngultrum. Designed and printed by De La Rue on SAFEGUARD® polymer, the series represents a significant upgrade in durability, sustainability, and public authentication. Both the RMA and De La Rue have commented that the banknotes embody Bhutan’s commitment to innovation, inclusivity, and the enduring values of its monarchy.

The banknotes feature a robust set of optical elements, including ARGENTUM™, ROTATE™, enhanced GEMINI™, tactile emboss, and a sophisticated holographic stripe with DEPTH™ and SPOTLIGHT® effects on the two higher denominations, depicting a dynamic dragon grasping jewels.