The Central Bank of Myanmar has announced 500-kyat banknote will be circulated on 19 July. The obverse side of the banknote depicts National Leader Bogyoke Aung San as the main portrait, and its reverse is printed with the building of Central Bank of Myanmar, state media reported.

The size of new banknote will have 150 mm in length and 70 mm in width. Its prominent colour is red brown.
The 500-kyat banknotes will be circulated from the banks to public on 21 July. The existing 500-kyat note which is in circulation will continue to be legal tender currency.