Update : January 23, 2021
The following is a sampling.
- Digital currency
- Dollar (e.g. US Dollar)
- Pound (e.g. Pound Sterling)
For some time, the British had the Governor in India.
The British sent Indian Civil Service (ICS) members to India and Burma. U Tin Tut was the first Burmese ICS. He became an ICS by invitation. Others have to take the ICS examinations held in Calcutta and London.
Indian professionals, merchants and laborers worked in Burma.
Indian currency of 1 Rupee = 16 Anna = 64 Pice became the currency for pre-war Burma.
The Burmese coined the following :
- “Kyat” for Rupee
- “Pei” for Anna
- “Paing” for Pice
- “Ta Mu” for Two Annas
- “Ta Mutt for Four Annas or quarter of a Rupee
- “Nga Mu” — a misnomer — for Eight annas or half a Rupee
- “Dingha” for the Silver Coin worth One Rupee.
Believe it or not
My beloved father told us that he could have a good meal (including Dan Bauk or Barayani) for less than an Anna.
Some government employees had 13 Rupees (or less) as their salary, yet they could support their family.
The Indian currency was phased out during the early years of Burma’s Independence.
The Rupee was replaced by the Kyat.
Japanese Currency in War-time Burma
- For about three years, the Burmese experienced the Japanese Occupation.
- Several Japanese forces brought along their printing presses to produce the Japanese currency for use in Burma.
- Not all Japanese notes were accepted. The note must be able to “stand up” and to “pick up sand”. It is known as “Htaung Ma Lei; Thei Kaw“.
- In the early days of the occupation, the common practice was to barter goods (e.g. a car tire in exchange for food or other items).
- Sad to note that when the Occupation ended, all the Japanese Currency in circulation was declared void and useless.