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5 Roubles

Issuer Transnistrian Republican Bank
Year 1994
Type Standard circulation banknote
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Reverse lettering ПОДДЕЛКА КУПОНОВ ПРИДНЕСТРОВСКОГО БАНКА ПРЕСЛЕДУЕТСЯ ПО ЗАКОНУ
ПЯТЬ РУБЛЕЙ
(Translation: Forgery of the coupons of the Transnistrian Bank is punishable by law, Five Rubles)
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Protection type Watermark
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Comments

Transnistria's 1994 note series was the breakaway republic's second attempt at a functional currency after its 1992 coupon issues proved inadequate. The Republican Bank printed these domestically — a deliberate political statement by a territory that had declared independence from Moldova in 1990 but remained unrecognized by any United Nations member state, a situation unchanged to this day.

Watermarking on the 1994 issues is noticeably cruder than contemporary Soviet successor states managed, reflecting the constraints of printing infrastructure in a narrow strip of land dependent on Russian political and economic support for its survival.

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