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20 Kyats

Issuer Peoples Bank of Burma
Year 1965
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Shape Rectangular
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Obverse description Central oval vignette of General Aung San, facing slightly right, set against an elaborate guilloche underprint in rose and brown tones. Denomination numerals appear in the lower left and right corners, with the value also rendered in Burmese script at left. The border is composed of intricate scroll and floral ornamental work typical of the period.
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Protection description Pattern throughout paper
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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.

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