1 Pe

The Union Bank of Burma was established in 1948, just months after independence from Britain, and tasked almost immediately with replacing the currency infrastructure inherited from the colonial period. These small copper-nickel pieces were among the first coins issued under that mandate — Burma had no functioning mint of its own and contracted production abroad while building sovereign financial institutions from scratch. The political situation was anything but stable; communist insurgencies and ethnic armed conflicts were already fracturing the new state before this series even completed its run.