Transnistrian ruble | |
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ruble transnistrene (Romanian) рубле транснистрене (Moldovan) приднестровский рубль (Russian) придністровський рубль (Ukrainian) |
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2007 issue Transnistrian ruble banknotes
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Denominations | |
Subunit | |
1/100 | kopecks |
Symbol | (commonly руб/р, with occasionally ПМР after it) |
Banknotes | 1, 5, 10, 25, 50, 100, 200, 500 rubles |
Coins | 1, 5, 10, 25, 50 kopecks and 1, 3, 5 and 10 rubles |
Demographics | |
User(s) |
Transnistria (de facto) Moldova (de jure) |
Issuance | |
Central bank | Trans-Dniester Republican Bank |
Website | http://www.cbpmr.net/ |
Valuation | |
Inflation | 10.83% |
Source | "Inflation", Pridnestrovie, 2006 |
The ruble is the currency of Transnistria and is divided into 100 kopecks. Since Transnistria is a state with limited international recognition and considered as part of Moldova, its currency has no ISO 4217 code. However, unofficially some Transnistrian organisations such as Agroprombank and Gazprombank used the code PRB, a code that would otherwise be reserved for Puerto Rico (ISO 3166-1 country code PR). The Trans-Dniester Republican Bank sometimes uses the code RUP.
Soviet banknotes were used in the Trans-Dniester Moldavian Republic after its formation in 1990. When the former Soviet republics began issuing their own currencies, Transnistria was flooded with Soviet rubles. In an attempt to protect its financial system, in July 1993 the government bought used Goznak-printed Soviet and Russian notes dated 1961–1992 which it modified by adhering stamps bearing the image of General Alexander Vasilyevich Suvorov, founder of Tiraspol. These stamped notes replaced unstamped Soviet and Russian notes at par. It is thought that most uncirculated notes bearing these stickers were created after 1994 specifically for collectors.
The first, provisional issues were replaced in August 1994 by a new ruble, equal to 1000 old rubles. This currency consisted solely of banknotes and suffered from high inflation, necessitating the issue of notes overstamped with higher denominations. Although issued in 1994, some notes (50 to 5000 rubles) were issued dated 1993.
In 2000, a new ruble was introduced at a rate of 1 new ruble = 1,000,000 old rubles. This new currency consists of both coins and banknotes.
1 kopeck obverse
1 kopeck reverse
10 kopecks obverse
all 2000 coins
5 kopecks, 2005
10 kopecks, 2005
Coins are of 1 to 50 kopecks and are made from aluminium or copper-zinc and are similar to Soviet-era coinage. The 1 kopeck coins were withdrawn from circulation in January 2009.
On August 22, 2014, the Transnistrian Republican Bank issued coins made of composite materials and come in denominations of 1-, 3-, 5- and 10 rubles.