The Republic of the Union of Myanmar is located in Southeast Asia bordered by China to the northeast, India and Bangladesh to the northwest, Laos, and Thailand to the east and southeast, and the Andaman Sea as well as the Bay of Bengal in its southern and southwestern parts. The country, which was formerly known as Burma, is the largest in Mainland Southeast Asia.
A country rich in jade, natural gas, oil, gems, and other minerals, as well as renewable energy, Myanmar’s economy is among the fastest-growing in the world. It uses the Myanmar kyat as its legal tender. The Central Bank of Myanmar takes control of the production of its banknotes. The notes are printed by the Security Printing in Wazi with Giesecke & Devrient technical direction on Giori multi-color intaglio prints.
In 1990, the bank issued a set of banknotes featuring a Chinthe statue which is popularly portrayed in Burmese architecture and iconography. Another set of notes were released in 2004, bearing similar designs but in smaller sizes. In 2012, a 10,000 denomination carrying the modified State Seal of Myanmar was issued. On January 4, 2020, a new 1,000-kyat paper bill was introduced to commemorate Myanmar’s 72nd year of independence.
Myanmar also issued Foreign Exchange Certificates in 1993 highlighting a standing Nat Thar dancer holding a lotus bud.