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500 Kuponi

Issuer National Bank of Georgia
Year 1993
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In circulation to 2 October 1995
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Obverse lettering 500 კუპონი სებ საქართველოს ეროვნული ბანკი
(Translation: 500 Kuponi, NBG National Bank of Georgia)
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Reverse lettering 500
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Comments

The Georgian coupon currency — the kuponi — was introduced in April 1993 as a parallel tender alongside the Soviet ruble, which was still technically legal tender in Georgia at the time. It was never intended as a permanent solution; the lari replaced it in 1995 at a rate of one million kuponi to one lari, which tells you precisely what happened to its purchasing power in the intervening two years.

The "Printed: 30.04.1945" field almost certainly reflects a plate date or a data entry anomaly rather than the actual production date — Georgian coupon notes of this series were printed domestically under severe resource constraints in the early 1990s.

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