Myanmar to issue new 5,000 kyat banknote

The Central Bank of Myanmar will issue a new 5,000 kyat banknote from 1 October 2014. The new note will have a new design and updated security features. All existing 5,000 kyat banknotes (first introduced in 2009) will remain legal tender.

There are currently no less than 11 denominations in circulation in Myanmar, which are 1, 5, 10, 20, 50, 100, 200, 500, 1,000, 5,000 and 10,000 kyat.

A picture of the new note will be added once I find one.

Update 01-10-2014: the new note appears similar to the existing red–coloured white elephant note except it includes a watermark elephant, a security thread and a layer of varnish on both sides.

Update 17-10-2014: and we have pictures!
Steven Friday 19 September 2014 at 09:34 am | | news
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