Catalog
5 Karbowanez RKU
| Issuer | Zentralnotenbank Ukraine |
|---|---|
| Year | 1942 |
| Type | Standard circulation banknote |
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| Reverse description | Brown on grey guilloche underprint. The denomination numeral "5" is printed in large format at the centre within a lozenge-shaped guilloche frame, flanked by the numeral "5" repeated in each corner. The counterfeiting warning appears in both German at left and Ukrainian in Cyrillic at right, with the bank name inscribed in German along the top and in Ukrainian along the bottom. |
| Reverse lettering | 5 ZENTRALNOTENBANK UKRAINE FÜNF KARBOWANEZ GELDFÄLSCHUNG WIRD MIT ZUCHTHAUS BESTRAFT 5 П'ЯТЬ КАРБОВАНЦІВ ЦЕНТРАЛЬНИЙ ЕМІСІЙНИЙ БАНК УКРАЇНА ФАЛЬШУВАННЯ ГРОШЕВИХ ЗНАКІВ КАРАЄТЬСЯ ТЯЖКОЮ ТЮРМОЮ 5 (Translation: 5 CENTRAL BANK OF UKRAINE FIVE KARBOWANEZ COUNTERFEITING WILL BE PUNISHED WITH IMPRISONMENT 5 FIVE KARBOVANTSIV CENTRAL ISSUING BANK UKRAINE COUNTERFEITING OF BANKNOTES IS PUNISHABLE BY HARD IMPRISONMENT 5) |
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| Comments |
The Zentralnotenbank Ukraine was not a Ukrainian institution in any meaningful sense — it was established by German occupation authorities in 1942 to manage currency in the Reichskommissariat Ukraine, replacing Soviet money and giving the occupiers direct control over local purchasing power. The Karbowanez was pegged at a deliberately disadvantageous rate, effectively functioning as a tool of economic extraction.
Bundesdruckerei printed the series under its wartime name, Reichsdruckerei. P#51 is among the lower denominations and circulated heavily in occupied territories where small transactions were unavoidable.