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20 000 Kuponi
| Issuer | National Bank of Georgia |
|---|---|
| Year | 1993-1994 |
| Type | Log in to see details |
| Value | 20 000 Kuponi (20 000 GEK) |
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| Composition | Log in to see details |
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| Obverse description | Central vignette comprises the Borjgali solar symbol within a circular guilloche, flanked symmetrically by two pairs of heraldic griffins rendered in intaglio style against a fine-line underprint in violet and pink. The issuer's name in Georgian Mkhedruli script appears in a ruled panel at the top, with the currency name at upper left and the date 1994 below the central motif. The large numeral '20000' and the Georgian word equivalent occupy the lower portion of the note. |
|---|---|
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| Protection type | Watermark |
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| Comments |
Georgia's kuponi series was never intended to be a permanent currency — it was a transitional instrument introduced after the collapse of the Soviet ruble zone, bridging the gap until the lari could be established in 1995. The 20,000 denomination reflects the hyperinflationary spiral that gripped the Georgian economy in 1993–94, when inflation ran at several thousand percent annually and lower kuponi values became functionally worthless within months of printing.
At roughly 12 million printed, this is not a rare note, but surviving examples in clean condition are less common than the print run suggests — heavy circulation in a cash-dependent economy during a period of severe civil conflict took a toll on the physical stock.