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500 Kyats

Issuer Central Bank of Myanmar
Year 1994-1995
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Value 500 Kyats
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Obverse description Central vignette of a seated Chinthe, the mythical guardian lion of Burmese tradition, rendered in fine intaglio against an intricate multicolour guilloche underprint. Denomination numerals appear in ornate cartouches at all four corners, with the Burmese-script value inscription centred to the right of the Chinthe vignette. A repeating security-printing legend band runs along the upper and lower margins, and the serial number is printed in red at lower right.
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Protection type Security thread, Watermark
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Comments

Myanmar's 1994–1995 500 Kyat issue came during a period when the State Law and Order Restoration Council — the military junta that had seized power in 1988 and renamed the country — was rebuilding the currency infrastructure after years of demonetization chaos. Ne Win's 1987 demonetization of the 25, 35, and 75 kyat notes had wiped out a significant portion of household savings overnight, and public confidence in paper currency remained fragile well into the 1990s.

A print run of just over 12 million is relatively modest for a high-denomination note, suggesting limited intended reach into daily commerce at a time when the parallel exchange rate diverged wildly from the official rate.

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