Catalog
3 Kuponi
| Issuer | National Bank of Georgia |
|---|---|
| Year | 1993 |
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| Composition | Log in to see details |
| Size | 105 × 53 mm |
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| Obverse description | A vignette of old Tbilisi occupies the right portion of the face, with Mount Mtatsminda rising in the background rendered in fine line work. The denomination numeral appears at the left, accompanied by Georgian script inscriptions naming the issuing authority and the currency unit. Ornamental guilloche borders frame the design on all sides. |
|---|---|
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| Protection type | Watermark |
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| Comments |
The kuponi was Georgia's transitional currency, introduced in 1993 as a coupon-based parallel to the Soviet ruble while the country's economy was in free fall — hyperinflation, civil conflict in Abkhazia and South Ossetia, and a near-total collapse of state revenues all hit simultaneously. These low denominations became functionally worthless within months of issue, which is why the print run of over twelve million pieces produced almost no surviving examples in circulated fine condition; they were spent until they disintegrated or discarded entirely.
The kuponi was replaced by the lari in 1995 at a rate of one million kuponi to one lari.