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500 Tengas / Tingov = 100 Rubles

Issuer Khorezm People's Soviet Republic
Year 1919
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Reference(s) P#36
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Reverse description Printed on silk in matching pink and yellow-green tones, the reverse bears the denomination numeral 100 in the upper corners alongside Arabic script legends. A central pink overprint vignette of an architectural gate or building motif is enclosed within a circular band carrying the Cyrillic inscription ПЯТЬСОТ ТИНГОВ, with multiple oval cartouches bearing Arabic inscriptions distributed around the outer border.
Reverse lettering ПЯТЬСОТ ТИНГОВ
100
خوارزم دولت مالیاتی
اداری بانک مالی لازار
جریمان کاند ست
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Comments

Khorezm — the short-lived Soviet republic carved out of the former Khanate of Khiva in 1920 — issued currency on silk out of practical necessity, not affectation. Cotton and silk were the region's dominant commodities; paper was scarce and difficult to source in the immediate post-revolutionary period. The fabric substrate made these notes highly vulnerable to unraveling at the edges, and surviving examples with intact borders are genuinely uncommon.

The ruble equivalence printed on the face reflects the transitional monetary relationship between Khorezm and Soviet Russia before the republic was absorbed into the USSR in 1924.

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