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25 Rubles XXV Winter Olympic Games in Milan and Cortina

Issuer Pridnestrovian Republican Bank
Year 2026
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Currency Third rouble (2000-date)
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Reverse description The reverse is divided into two thematic quadrants. The upper left quadrant features a stylized figure of a downhill skier set against a backdrop of mountainous terrain, accompanied by the encircling Cyrillic legend 'ХХV ЗИМНЯЯ ОЛИМПИАДА.' The lower right quadrant presents an architectural vignette of the Milan cityscape, with the bilingual inscription 'МИЛАН-КОРТИНА 2026' positioned below in two lines, referencing the host cities of the XXV Winter Olympic Games.
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Reverse lettering ХХV ЗИМНЯЯ ОЛИМПИАДА
МИЛАН-КОРТИНА
2026
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Additional information

Transnistria — a strip of land between Moldova and Ukraine, unrecognized by any UN member state — issues commemorative coinage through the Pridnestrovian Republican Bank as a deliberate act of institutional self-assertion. The bank has no international monetary standing, and these pieces do not circulate meaningfully outside the territory. Milan-Cortina 2026 marks the first time the Winter Olympics have been split across two host cities in Italy, a compromise born from a fractured bidding process in which neither city alone met IOC infrastructure requirements.

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