The Nepalese two-rupee banknote (रु 2) was a low-value denomination of the Nepalese rupee, first issued in 1981. The note was in circulation throughout Nepal and commonly used for small transactions. During its issuance, it featured the portrait of the reigning monarch.
The two-rupee banknote continued to be printed until 1999, after which it was gradually phased out and replaced by coins of the same denomination.
References
Further reading Agrawal (Giriya), Shyam and Gyawali, Kamal Prasad Notes and Coins of Nepal. Nepal Rastra Bank Golden Jubilee Year 2005/06, Kathmandu, 2006.
Jha, Hari Jaya: An Overview of Nepalese Paper Money. Manjeeta Jha, Lalitpur (Patan), B.S. 2058 (= A.D. 2001).
Shrestha, Ramesh: Nepalese Coins & Bank Notes (1911 to 1955). Kazi Mudhusudan Raj Bhandary, Kathmandu, 2007. Wittmann, Hans: Die Banknoten des Königreichs Nepal. Unpublished, Wiesbaden, 2002.