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25 Roubles Constitution

Issuer Transnistrian Republican Bank
Year 2020
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Technique Milled
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Reverse script Cyrillic
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Edge Plain
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Additional information

Transnistria's constitution commemoratives occupy a peculiar niche: issued by a central bank of a state unrecognized by any UN member, yet operating a fully functional monetary system since 1994. The 2020 date likely marks the 29th anniversary of Transnistria's self-declared independence from Moldova, a declaration made during the final months of the Soviet collapse that triggered a brief but bloody armed conflict in 1992 along the Dniester River.

Nickel-plated steel throughout the series reflects ongoing economic constraints — hard currency and precious metals have never been realistic options for a territory running on Russian subsidies and parallel trade arrangements.

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