Kyat Banknotes facts
While investigating facts about Kyat Banknotes, I found out little known, but curios details like:
The dictator of Burma (Myanmar) was obsessed with numerology. He removed 50 Kyat and 100 Kyat banknotes from circulation. Replaced them with 45 Kyat and 90 Kyat banknotes. The economic instability which followed led to a coup d'êtát in 1988.
On 1985 and on 1987, the then dictator of Burma (today Myanmar) Ne Win demonetised banknotes based on numerology (removing 50/100 kyat banknotes and adding 75/45/90 kyat banknotes without previous warning). The resulting economical instability led to a coup d'êtát on 1988.
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across. Here are 3 of the best facts about Kyat Banknotes I managed to collect.
-
In 1987, dictator Ne Win demonetised the Burmese currency and introduced new 45 and 90-kyat banknotes, given that these two numbers were multiples of his 'lucky number' 9 and their digits also added up to it.
