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20.000 Kyats
| Issuer | Central Bank of Myanmar |
|---|---|
| Year | 2023 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 160 x 74 mm |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | CENTRAL BANK OF MYANMAR TWENTY THOUSAND KYATS ၂၀၀၀၀ 20000 |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Embedded security thread running vertically through the note; the white elephant and denomination numeral visible when held to light; color-shifting ink used on the denomination numeral. |
| Variants | Log in to see details |
| Comments |
Myanmar's highest-denomination banknote was introduced as the country's economy buckled under the weight of the February 2021 military coup — the kyat lost roughly half its value against the dollar within two years of the takeover, and the central bank, now effectively under junta control, responded partly by expanding the note supply rather than tightening it. The 20,000 kyat note entered circulation into that inflationary pressure, not out of economic confidence.
Pick 87 is the first time this denomination has appeared in Myanmar's modern series, a figure that would have been unthinkable for routine transactions even a decade prior.