Catalog
5 Kyats
| Issuer | Union of Burma Bank |
|---|---|
| Year | 1973 |
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| Reference(s) | P#57 |
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|---|---|
| Obverse lettering | ပြည်ထောင်စု မြန်မာ နိုင်ငံ ဘဏ် ငါးကျပ် (Translation: Union of Burma Bank Five Kyats) |
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| Reverse lettering | FIVE KYATS UNION OF BURMA BANK |
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| Comments |
The Union of Burma Bank replaced the People's Bank of Burma as issuing authority following the 1972 monetary reorganization under Ne Win's Revolutionary Council government. This 5 Kyats note belongs to the first series issued under that renamed institution, making it a direct marker of a bureaucratic restructuring that changed nothing in practice — the same military-controlled economy, the same printing relationships, a different stamp on the letterhead.
A print run of just over twelve million is modest for a circulating denomination and likely reflects the severely constrained formal economy of the period, much of which had moved underground following the demonetizations and nationalization policies of the 1960s.