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1/2 Naxar

Issuer Chechnya (Russia)
Year 1998
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Size 155 × 65 mm
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Reverse description The reverse of the host 1997-series Russian Federation 10 Rubles note retains its original intaglio vignette of the Krasnoyarsk hydroelectric power station dam set against a forested hillside, with numeral '10' rosettes at the upper corners over a green guilloche border. A printed label affixed to the right reproduces a colour map of Chechnya with the inscription '1/2 Naxar' at its base, while a second label to the left displays the Chechen national flag in green, white, and red horizontal stripes.
Reverse lettering ДЕСЯТЬ РУБЛЕЙ
1/2 Naxar
CHECHNYA
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Comments

The naxar was a short-lived local scrip introduced in Chechnya during the interwar period between the First and Second Chechen Wars, when the breakaway republic under Aslan Maskhadov lacked the infrastructure — and the international recognition — to sustain a functioning monetary system. Russian rubles remained the practical medium of exchange; the naxar circulated, to the extent it did at all, in extremely limited geographic and commercial scope.

Surviving examples are scarce simply because so few were produced and the political collapse of the Maskhadov government after 1999 ended any prospect of redemption or archival preservation.

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