Home Banknotes Europe Russia Russia - Civil war issues 100 Roubles Russian Government - South Russia

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100 Roubles Russian Government - South Russia

发行方	Russian Government - Armed Forces of South Russia
年份	1919
类型	Local banknote
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正面铭文	ГОСУДАРСТВО РОССИЙСКОЕ. КАЗНАЧЕЙСКИЙ ЗНАКЪ СТО РУБЛЕЙ 100 РУБЛЕЙ 1919 Выпускъ Управленіемъ Финансовъ Главнокомандующаго Вооружёнными Силами Юга Россіи Печатается Управленіей Финансовъ Начальникъ Кредитного Части
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背面铭文	СТО РУБЛЕЙ 100 1919 Казначейскіе знаки обязательны въ всему Россійскому Государству и имѣютъ хожденіе наравнѣ съ государственными кредитными билетами Подѣлка казначейскихъ знаковъ преслѣдуется закономъ
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备注	The Armed Forces of South Russia, under Denikin's command, issued this note as part of a parallel monetary system that competed — badly — with Bolshevik sovznaki and a dozen other local currencies simultaneously circulating across the former empire. By 1919, southern Russia was awash in paper from at least four or five distinct issuing authorities, and ordinary commerce required constant improvised exchange rates between them. Denikin's government printed in large quantities to cover military expenditures, and inflation eroded purchasing power rapidly. The series is common in circulated grades precisely because so much was produced and so little was worth saving when the White Army collapsed in early 1920.

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