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1 Litauras Lithuania
| Issuer | Lietuvos Bankas (Bank of Lithuania), Šiauliai Branch |
|---|---|
| Year | 1991 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Lithuanian National Olympic Committee torch-bearer column logo with Olympic rings at left, flanked by guilloche underprint throughout. Central text block contains the bank branch pledge and manager's manuscript signature. Denomination 'VIENAS LITAURAS' in large bold letterpress at lower left, with a vignette of a sprinting athlete in intaglio style at right. |
|---|---|
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| Reverse lettering | Lietuvos Banko Šiaulių skyrius įsipareigoja 1991.07.27 - 1991.08.04 šį banknota apkeisti vienu sovietiniu rubliu (Translation: The Šiauliai branch of the Bank of Lithuania undertakes 1991.07.27 - 1991.08.04 to exchange this banknote for one Soviet ruble) |
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| Comments |
The Litas had been Lithuania's currency before Soviet occupation, and when independence was restored in 1990, the country initially had no currency of its own — the Soviet ruble remained in circulation while the new banking infrastructure was assembled. The 1991 Litauras was one of several transitional coupon-type instruments issued by regional branches of Lietuvos Bankas, Šiauliai among them, to manage local exchange before a national currency could be properly established.
Printed domestically under constrained conditions, the note reflects the practical limitations of a newly reconstituted state printing operation. The Šiauliai branch designation is an unusually specific attribution for what is essentially an emergency interim instrument.