The earliest coin minted in today's territory of Nepal was in Shakya Mahajanapada, along the India–Nepal border at around 500 BCE.
[1] In the Maurya Empire, punch marks were widely used in the southern region of Nepal and also imported from hills and the Kathmandu valley.
Mauryan coins were punch-marked with the royal standard to ascertain their authenticity.
[2] The Licchavi Kingdom of Nepal established its root in the Kathmandu Valley from c. CE 576 to 750.
[3] After a major reform in coinage, a new style of silver coins called Mohar (Initially called Mhendramalli) were struck in Nepal with a reduced weight standard of 5.4 g. in silver.