German ostrubel explained

Currency Name In Local:German: Ostrubel (German, Polish)
Lithuanian: ostrublis (Latvian, Lithuanian)
Image 1:Ostrubel.jpg
Image Title 1:German: 1 Ostrubel, 1916
Issuing Authority:German: Darlehnskasse, [[Poznań|Posen]]
Date Of Introduction:17 April 1916
Using Countries:
Unofficial Users:

Estonia (1918–19)

Subunit Name 1:copeck (Russian: копѣйка)
Plural Slavic:yes
Used Coins:1, 2, 3 copecks
Used Banknotes:20, 50 copecks, 1, 3, 10, 25, 100 rubels
Footnotes:Circulated alongside German German: Ostmark|nocat=y, with German: 2= 2 Ostmark = 1 Ostrubel
Obsolete:yes

Ostrubel (German and Polish: German: Ostrubel; Latvian and Lithuanian: Latvian: Ostrublis; Russian: Острубль) is the name given to a currency denominated in copecks and rubels, which was issued by Germany in 1916 for use in the eastern areas under German occupation (German: [[Ober Ost]] and the Government General of Warsaw). It was initially equal to the Imperial rouble. The reason for the issue was a shortage of currency. The banknotes were produced by the German: Darlehnskasse in German: Posen (now Polish: [[Poznań]]) on 17 April 1916.

From 4 April 1916, the German: Ostrubel circulated alongside the German: [[German ostmark|Ostmark]] in the German: [[Ober Ost]] area, with German: 2 Ostmarken = 1 German: Ostrubel. In the Government General of Warsaw the German: Ostruble was replaced by the Polish Polish: marka|nocat=y on 14 April 1917.

Denominations

The banknote denominations available were:

The front sides of the banknotes carry a warning in German against forging banknotes. On the reverse sides is the same warning in Latvian (with old style orthography), Lithuanian and Polish.

There were also 1 copeck, 2 copeck and 3 copeck coins, made out of iron.

Aftermath

The German: Ostrubel circulated in Lithuania together with the Ostmark until 1 October 1922, when it was replaced by the Lithuanian: [[Lithuanian litas|litas]].

It was also still in use in a part of the Second Polish Republic during the first months of independence, until 29 April 1920.

Bibliography

External links