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1 Kopeck Foreign Exchange Certificate

Issuer Vneshtorgbank (Bank for Foreign Trade of the USSR)
Year 1967-1975
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Reference(s) FX50
Obverse description Light violet note with Cyrillic text at centre stating the bearer will be paid one kopeck by Vneshtorgbank USSR; denomination numeral '1' within a guilloche rosette vignette at right, with series letter 'А' below. Two manuscript signatures appear above the issuing bank's name, with a serial number at lower right.
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Reverse description Plain unprinted reverse in off-white, with faint ghosting of the obverse text visible through the thin paper stock. No design elements, inscriptions, or vignettes are present.
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Vneshtorgbank's Foreign Exchange Certificates were introduced to manage hard currency flowing into the Soviet Union from foreign workers, diplomats, and tourists — people who held convertible currency the state wanted to absorb without granting them access to ordinary Soviet retail. These small-denomination certificates circulated exclusively in Beryozka shops, a parallel retail network where imported and otherwise unavailable goods could be purchased outside the standard ruble economy.

The 1-kopeck value is functionally the smallest unit of this system and rarely appeared in significant quantities in any single transaction. Surviving examples tend to show heavy handling — the low face value meant they passed through many hands as change.

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