Georgian kuponi
The kuponi (Georgian: კუპონი; 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.
Georgian kuponi | |
---|---|
ქართული კუპონი | |
![]() 1 million kuponi (1 lari; 1994) | |
ISO 4217 | |
Code | GEK |
Number | 268 |
Exponent | 0 |
Denominations | |
Plural | The language(s) of this currency do(es) not have a morphological plural distinction. |
Banknotes | 1, 3, 5, 10, 50, 100, 250, 500, 1000, 2000, 3000, 5000, 10000, 20000, 25000, 30000, 50000, 100000, 150000, 250000, 500000, 1000000 kuponi |
Demographics | |
Date of introduction | 5 April 1993 |
Replaced | Russian ruble (1 RUR = 1 GEK) |
Replaced by | Georgian lari (1 GEL = 1,000,000 GEK) |
User(s) | ![]() ![]() ![]() |
Issuance | |
Central bank | National Bank of Georgia |
Website | www |
Valuation | |
Inflation | Unknown; at least 50% |
This infobox shows the latest status before this currency was rendered obsolete. |
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
- 10 kuponi
- 50 kuponi
- 100 kuponi
- 500 kuponi
- 1000 kuponi
- 5000 kuponi
- 10 000 kuponi
Second 1993 series
- 1 kuponi
- 3 kuponi
- 5 kuponi
- 10 kuponi
- 50 kuponi
- 100 kuponi
Third 1993 series
- 10 000 kuponi
- 25 000 kuponi
- 50 000 kuponi
- 100 000 kuponi
Fourth 1993 series
- 250 kuponi
- 2000 kuponi
- 3000 kuponi
- 20 000 kuponi
1994 series
- 20 000 kuponi
- 30 000 kuponi
- 50 000 kuponi
- 100 000 kuponi
- 150 000 kuponi
- 250 000 kuponi
- 500 000 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
- "Lari banknotes". National Bank of Georgia. Retrieved 2006-12-30.
Preceded by: Russian ruble Reason: introduction of temporary currency Ratio: 1 kuponi = 1 ruble |
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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