The Central Bank of Myanmar will issue a new type of “twenty-thousand-kyat” banknote starting from 31 July 2023, and in commemoration of the completion of the Maravijaya Buddha Image, which was built to show the brightness of the Theravada Buddhism firmly shining in Myanmar, for Myanmar to be a focal point of Theravada Buddhism and to bring peace to the country and the world, and in celebration of the one-year birthday of a white elephant, “Rattha Nandaka,” born on 23 July 2022.
Such a banknote will be issued in a limited number and will be distributed only by exchange of the same value with various types of old banknotes that should not be appropriate for circulation in Myanmar. Initially, old banknotes will be exchanged for “equal value” at the Central Bank of Myanmar in Nay Pyi Taw, the Yangon branch, and the Mandalay branch.
Current valid currency notes and changes will continue to stand as official currency.
Information about the new bank note is as follows: –
TWENTY THOUSAND KYATS NOTE
Dimension : 15×7 cm
Dominant Colour:Light Green
Obverse Side:At the upper part of the note, the “CENTRAL BANK OF MYANMAR” is printed. In the middle portion of the obverse side, Yadana white elephant in Myanmar artistic style is printed and the value of the note “20000” Kyats in Myanmar language is inserted on the right side of the note. At three corners of the note, the value of the currency note in the figure is mentioned. Bank Note numbers are printed in the Myanmar horizontally and English vertically. The note bears the Watermark image of head of Yadana white elephant is inserted on its left side. On the obverse side of both-edge is printed 12 short lines of tactile feature for the blind.
Reverse Side:The note bears the illustration of Sagaing Bridge and Ayeyawady Bridge (Yadanabon) on the reverse side of the note and “CENTRAL BANK OF MYANMAR” is inserted on the top of the note and “TWENTY THOUSAND KYATS” is seen on the lower part of the note. At three corners of the note, the value of the currency note in the figure is printed. On the reverse side, a security thread, a dynamic colourshift that can be seen from any tilting angle, changed from gold to green is embedded upright in the note.
