Georgian kuponi

Former currency of Georgia, used 1993-1995
 Websitewww.nbg.gov.geValuationInflationUnknown; at least 50%This infobox shows the latest status before this currency was rendered obsolete.

The kuponi (Georgian: კუპონი k’up’oni, "coupon"; ISO 4217: GEK) was the currency of Georgia. It was introduced on 5 April 1993, replacing the Russian ruble at par. This currency was temporary, with no coins nor subdivisions. It also suffered from hyperinflation.

Banknotes

Kuponi banknotes were issued in five series: four in 1993 and one in 1994. Each denomination was introduced in no more than two series.

First 1993 series

  • 5 kuponi
    5 kuponi
  • 10 kuponi
    10 kuponi
  • 50 kuponi
    50 kuponi
  • 100 kuponi
    100 kuponi
  • 500 kuponi
    500 kuponi
  • 1,000 kuponi
    1,000 kuponi
  • 5,000 kuponi
    5,000 kuponi
  • 10,000 kuponi
    10,000 kuponi

Second 1993 series

  • 1 kuponi
    1 kuponi
  • 3 kuponi
    3 kuponi
  • 5 kuponi
    5 kuponi
  • 10 kuponi
    10 kuponi
  • 50 kuponi
    50 kuponi
  • 100 kuponi
    100 kuponi

Third 1993 series

  • 10,000 kuponi
    10,000 kuponi
  • 25,000 kuponi
    25,000 kuponi
  • 50,000 kuponi
    50,000 kuponi
  • 100,000 kuponi
    100,000 kuponi

Fourth 1993 series

  • 250 kuponi
    250 kuponi
  • 2,000 kuponi
    2,000 kuponi
  • 3,000 kuponi
    3,000 kuponi
  • 20,000 kuponi
    20,000 kuponi

1994 series

  • 20,000 kuponi
    20,000 kuponi
  • 30,000 kuponi
    30,000 kuponi
  • 50,000 kuponi
    50,000 kuponi
  • 100,000 kuponi
    100,000 kuponi
  • 150,000 kuponi
    150,000 kuponi
  • 250,000 kuponi
    250,000 kuponi
  • 500,000 kuponi
    500,000 kuponi
  • 1,000,000 kuponi
    1,000,000 kuponi

Abandonment

On 2 October 1995,[1] the government of Eduard Shevardnadze replaced the provisional coupon currency with the lari, at a rate of one million to one. It has remained fairly stable since then.

References

  1. ^ "Lari banknotes". National Bank of Georgia. Retrieved 2006-12-30.
Georgian kuponi
Preceded by:
Russian rouble
Reason: introduction of temporary currency
Ratio: 1 kuponi = 1 rouble
Currency of Georgia
5 April 1993 – 2 October 1995
Succeeded by:
Georgian lari
Reason: hyperinflation
Ratio: 1 lari = 1,000,000 kuponi
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Currencies of post-Soviet states
Current
Obsolete
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