1 Kyat

The Union of Burma Bank replaced the People's Bank of Burma as the central issuing authority in 1969, following a reorganization of Burma's state banking structure under Ne Win's Revolutionary Council government. This 1 Kyat belongs to the series introduced in 1972 as part of a broader effort to consolidate the currency under the new institutional identity — though the underlying monetary system, tightly controlled and increasingly disconnected from any market reality, remained unchanged.

The series is common in circulated grades; high-grade examples are harder to place, as most notes from this period saw heavy use in a cash-dependent domestic economy with limited banking access outside major urban centers.