Catalog
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| Issuer | People's Bank of Burma |
|---|---|
| Year | 1966 |
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| Value | 10 Pyas (0.10 MMK) |
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|---|---|
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| Obverse lettering | ပြည်ထောင်စုမြန်မာနိုင်ငံတော် ပြည်သူ့ဘဏ် ★ သက္ကရာဇ်၁၃၂၈ခုနှစ် ★ (Translation: Union of Burma, People's Bank Year 1328 BE) |
| Reverse description | The Burmese numeral denomination '၁၀' (10) appears in the upper field, with the Burmese script denomination 'ပြား' (Pya) enclosed within a rectangular cartouche at the centre. Elaborate floral and foliate sprays extend symmetrically to the left and right, filling the square field. The Gregorian year '၁၉၆၆' (1966) is inscribed in Burmese numerals along the lower exergue. |
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| Additional information |
Burma's transition to a socialist economy under Ne Win's Revolutionary Council, which seized power in 1962, prompted a complete overhaul of the currency system. The People's Bank of Burma was established as the sole banking authority, and this aluminium issue was part of the new coinage series introduced to replace the previous kyat coins inherited from the parliamentary period. Aluminium was chosen for small denominations largely on cost grounds — the country's economy was deteriorating rapidly under autarkic policies that had driven foreign investment out entirely by the mid-1960s.