20 000 Roubles Bukhara Soviet Peoples Republic

The Bukhara Soviet People's Republic was a short-lived Soviet client state established in 1920 after the Red Army overthrew the Emirate of Bukhara — one of Central Asia's oldest ruling dynasties. The new government inherited a monetary vacuum and issued its own currency, the tenga-denominated series alongside rouble-denominated notes, running parallel emission systems that reflected the chaotic jurisdictional overlap between local administration and Moscow's economic reach.

By 1922, hyperinflationary pressure across Soviet-controlled territories had pushed denominations into the tens of thousands. The republic was formally absorbed into the Uzbek and Tajik Soviet republics in 1924, making this entire emission series among the most historically compressed in Central Asian numismatics — issued, circulated, and superseded within roughly four years.