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20 Kyats
| Issuer | Peoples Bank of Burma |
|---|---|
| Year | 1965 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Third kyat (1952-date) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ပြည်ထောင်စု မြန်မာ နိုင်ငံတော် ပြည်သူ့ ဘဏ် နှစ်ဆယ်ကျပ် (Translation: Union of Myanmar State People's Bank Twenty Kyat) |
| Reverse description | Log in to see details |
| Reverse lettering | PEOPLES BANK OF BURMA TWENTY KYATS နှစ်ဆယ်ကျပ် |
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| Comments |
Burma's 1965 currency reform was a deliberate political act. Ne Win's Revolutionary Council demonetized the existing kyat series in May of that year specifically to destroy black market wealth and undermine ethnic minority traders along the Thai and Chinese borders — populations that held large cash reserves outside the banking system. This note was part of the replacement series that followed.
Security Banknote Company, based in Chicago, printed a number of Asian issues during this period. The watermark is the sole security feature — modest protection for a note that circulated in an economy increasingly closed to outside scrutiny after 1962.