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20 000 Kuponi
| Issuer | National Bank of Georgia |
|---|---|
| Year | 1993-1994 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Kuponi (1993-1995) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | კუპონი საქართველოს ეროვნული ბანკი 1994 20000 ოცი ათასი (Translation: Kuponi National Bank of Georgia 1994 20000 Twenty Thousand) |
| Reverse description | Log in to see details |
| Reverse lettering | ოცი ათასი 20000 ოცი ათასი (Translation: Twenty Thousand 20000 Twenty Thousand) |
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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.