10 Kyats

The Union of Burma Bank replaced the People's Bank of Burma as the central issuing authority in 1969, and this 1973 series was among its first fully established note emissions. Burma's monetary system in this period was under near-total state control following Ne Win's 1962 coup, which nationalized the banking sector and severed most ties with international financial infrastructure.

The watermark is the sole security feature — no security thread, no fluorescent printing. Modest even by the standards of comparable regional issues of the decade.