Transcaucasian ruble explained

Using Countries:Transcaucasian Democratic Federative Republic
Transcaucasian SFSR
Plural:rublya (gen. sing.), rubley (gen. pl.)
Used Banknotes:1, 3, 5, 10, 50, 100 and 250 rubles (1918)
1000 ... 1010 rubles (1923/24)
Date Of Withdrawal:1924
Obsolete:yes

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

First Transcaucasian ruble

In 1918, the Comissariat of the short-lived Transcaucasian Democratic Federative Republic issued paper money denominated in rubles. This ruble was equivalent to the Russian ruble. 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 rubles.[2]

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

Second Transcaucasian ruble

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

From 1924 and onwards, the Soviet ruble 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]

See also

Notes and References

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