Catalog
500 Kyats
| Issuer | Central Bank of Myanmar |
|---|---|
| Year | 2004 |
| 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 | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#79 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 500 မြန်မာနိုင်ငံတော်ဗဟိုဘဏ် ငါးရာကျပ် ၅၀၀ (Translation: Central Bank of Myanmar Five Hundred Kyat) |
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| Protection type | Watermark |
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| Comments |
Myanmar's 500 Kyat notes of this period circulated during the final years of the State Peace and Development Council's tightest economic controls, when the official exchange rate was held at roughly 6 kyats to the dollar while the black market rate exceeded 1,000. The practical result was a note whose face value meant radically different things depending on which economy you were operating in.
P#79 is a relatively short-lived type, superseded by updated issues as Myanmar's banking sector was gradually, haltingly liberalized through the late 2000s.