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Mianmar
Kyat; Mat; Mu; Pe; Pya, Burma
Franc; Fuang; Kyat; Mat; Mu; Pe; Pya; Rupee; Tankah
The Burma State Bank issued notes for 1, 5, 10 and 100 kyat in the
forties
In the fifties the Union Bank of Burma introduced the first kyat notes, in
denominations of 1, 5, 10 and 100 kyats.followed by 20 and 50 kyats notes The Peoples Bank of Burma took over note production in
1965 with an issue of 1, 5, 10 and 20 kyat notes.
In the seventies the Union of Burma Bank took over note issuance, with notes
introduced for 1, 5, 10, 25, 50 and 100 kyats. . On
the eighties 75-kyat notes were issued followed by the introduction of 15- and
35-kyat notes on August 1, 1986.
The kyat is the currency of Myanmar/Burma. It is often abbreviated as
"K", which is placed before the numerical value.
on September 5, 1987, the government demonetized
the 25-, 35-, and 75-kyat notes without warning or compensation,
rendering some 75% of the country's currency worthless.On September 22,
1987, banknotes for 45 and 90 kyat were introduced, both of which
incorporated Ne Win's favorite number, nine.
Following the change of the country's name to Myanmar
new notes began to be issued. In the nineties 1-kyat notes were issued,
followed by 200-kyat notes, notes
for 50 pya, 20, 50, 100, and 500 kyats followed, by new 5- and 10-kyat notes.
and1,000-kyat notes
In 2004, the sizes of the 200,
500, and 1,000 kyats were reduced in size but larger notes remain in circulation. 50 pya, 1, and
5 kyat banknotes are now rarely seen, because of their low value.
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