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20 Ruble
| Issuer | R.S.S. Moldova - Ministry of Finance |
|---|---|
| Year | 1992 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | RSS MOLDOVA 20 rub. Cartela consumatorului martiе R S S M cupon de 1 rub. martiе R S S M cupon de 50 cop. martiе F.N.P. Eliberată Conductătorul Contabil-șef |
| Reverse description | The reverse displays a light blue-tinted ghost impression of the obverse grid layout, showing through the thin paper stock. The sheet is otherwise plain, with the coupon grid visible in mirror image through the paper, and a handwritten numeral '1' in the upper right corner. |
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| Comments |
Moldova's 1992 Ministry of Finance issues were technically cupon notes — transitional instruments introduced as the Soviet ruble collapsed and before the leu could be established as a stable national currency. The Ministry of Finance, rather than a central bank, issued these precisely because no functioning central bank apparatus yet existed in the newly independent republic.
The cupon series suffered severe inflation almost immediately. By late 1993, when the Moldovan leu replaced them at parity with the Romanian leu, most low-denomination cupons had been rendered economically worthless long before redemption.