Transcaucasian rouble

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Transcaucasian rouble
Закавказский рубль (in Russian)
Unit
Pluralrublya (gen. sing.), rubley (gen. pl.)
Denominations
Banknotes1000 ... 1010 roubles
Demographics
User(s)Transcaucasian SFSR
This infobox shows the latest status before this currency was rendered obsolete.

The rouble (Russian: рубль, Armenian: ռուբլի), manat (Azerbaijani: منات) or maneti (Georgian: მანეთი) was the currency of both Transcaucasian states, the Transcaucasian Democratic Federative Republic and the Transcaucasian Soviet Federal Socialist Republic.[1]

First Transcaucasian rouble

In 1918, the Comissariat of the short-lived Transcaucasian Democratic Federative Republic issued paper money denominated in roubles. This rouble was equivalent to the Russian rouble. The notes bore Russian text on the obverse, with Armenian, Azerbaijani and Georgian texts on the reverse. Denominations were 1, 3, 5, 10, 50, 100 and 250 roubles.[2]

Between 1919 and 1922/3, Armenia, Azerbaijan and Georgia issued their own currencies, the Armenian, Azeri, and Georgian roubles, which replaced the Transcaucasian rouble at par.

Second Transcaucasian rouble

In 1923 and 1924, the Transcaucasian Soviet Federal Socialist Republic (part of the USSR) issued notes of denominations between 1,000 and 10 milliard roubles.

From 1924 and onwards, the Soviet rouble circulated as the official currency of the Transcaucasian SFSR (and the three Soviet Socialist Republics that succeeded the Transcaucasian SFSR). Armenia, Azerbaijan, and Georgia gained independence and issued their own respective currencies in 1993, 1992, and 1993, shortly after the fall of the Soviet Union.[3]

References

  1. ^ "Article: Transcaucasian ruble | Hobbykeeper.com". hobbykeeper.com. Retrieved 2022-03-14.
  2. ^ Javakhishvili, Nikoloz (2009). History of the unified financial system in the Central Caucasus. The Caucasus-Economic and Social Analysis Journal of Southern Caucasus. Vol. 32. Aspendos International Academy of Medical and Social Sciences. LTD. doi:10.36962/cesajsc32052019-01.
  3. ^ Word, Rem (2021-01-19). Time and money. Russia. From Alexander the First to Vladimir Lenin. A story of love, wars and money. Litres. ISBN 978-5-04-280057-3.

See also