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Indian Notes Used In Burma : 1935 - 1946

Burma was separated from the Indian Empire by the Government of India Act, 1935 but the financial affairs of Burma continued to be managed by India. Unique in the history of paper money, it is the only instance where one country issued notes current in another during civilian rule.  An initial overprinted issue by the Reserve Bank of India was followed by a special series of ‘Burma notes’ or ‘peacock notes’ in 1937. The subsequent Japanese occupation and liberation of Burma during World War II saw the country placed under a military administration that gradually gave way to civilian rule in 1946. Both the military administration and the Currency Board constituted under the civilian Government used overprinted Indian notes for circulation in Burma. The Reserve Bank of India closed its operations in Burma in September 1946. All notes of Government of India and Reserve Bank of India issued for Burma were withdrawn on 1st June 1950.

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