Central Bank of Myanmar to circulate new Five Thousand Kyats note on 1 October 2014 Central Bank of Myanmar Nay Pyi Taw Dated: 18-9-2014 Press Release With a view to promoting a modern and sound financial system in consonance with the State’s objective to properly evolve the market-oriented economic system, the Central Bank of Myanmar has issued currency notes which carry a high quality security status of international standard. Without affecting the legal tender status of Five Thousand Kyats note issued on October 1, 2009, the Central Bank of Myanmar will with effect from October 1, 2014, put into circulation Five Thousand Kyats currency note with a new type of security thread, a new watermark image and a protective layer of varnish on both sides of the banknote in order to further enhance its security status, quality, to prolong circulation life span and to prevent forgery. A “NEW COLOUR SHIFT WINDOW TYPE SECURITY THREAD” is inserted vertically on the obverse side of the note, in lieu of the normal window type security thread embedded upright in the previously issued Five Thousand Kyats note. The “NEW COLOUR SHIFT WINDOW TYPE SECURITY THREAD” is wider and colour shifting, which changes from gold to green colour upon viewing the banknote from different angle. On the right part of the obverse side, the note bears a new type of watermark image of the white elephant which appears when the banknote is against the light. The protective layer of varnish enhances banknote circulation life span by protecting it from degradation due to moisture, fluid and soiling agents. The size, design and colour of the Five Thousand Kyats note to be issued are all the same as those of the previously issued Five Thousand Kyats note with the exception of the new type of security thread, new watermark image and protective layer of varnish on both sides. The existing Five Thousand Kyats note with is in circulation will continue to be legal tender currency.
Posted on: Fri, 19 Sep 2014 04:13:59 +0000