1 Kyat

Myanmar's currency was renamed from Kyat issued under the Union of Burma Bank to notes bearing the Central Bank of Myanmar name following the 1988 military coup and the junta's subsequent rebranding of the country itself — from Burma to Myanmar — in 1989. This note is among the first series to carry that new institutional name, though the Security Printing Works facility in Rangoon (itself not yet officially renamed Yangon in common usage) continued operating under continuity from the previous regime's infrastructure.

The 1 Kyat denomination had limited practical purchasing power by 1990, when rampant inflation had already eroded low-denomination notes to near irrelevance in daily transactions.