Georgian kuponi
Appearance
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ქართული კუპონი | |
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![]() 1 million kuponi (1 lari; 1994) | |
ISO 4217 | |
Code | GEK |
Plural | The language(s) of this currency do(es) not have a morphological plural distinction. |
Denominations | |
Banknotes | 1, 3, 5, 10, 50, 100, 250, 500, 1000, 2000, 3000, 5000, 10000, 20000, 25000, 30000, 50000, 100000, 150000, 250000, 500000, 1000000 kuponi |
Demographics | |
Date of introduction | 5 April 1993 |
User(s) | ![]() ![]() ![]() |
Issuance | |
Central bank | National Bank of Georgia |
Website | www |
Valuation | |
Inflation | Unknown; at least 50% |
The kuponi (Georgian: კუპონი; ISO 4217: GEK) was the currency of Georgia. It was introduced on 5 April 1993, replacing the Russian ruble at par. This currency was temporary, with no coins nor subdivisions. It also suffered from hyperinflation.
Banknotes
Kuponi banknotes were issued in five series: four in 1993 and one in 1994. Each denomination was introduced in no more than two series.
First 1993 series
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5 kuponi
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10 kuponi
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50 kuponi
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100 kuponi
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500 kuponi
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1000 kuponi
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5000 kuponi
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10 000 kuponi
Second 1993 series
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1 kuponi
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3 kuponi
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5 kuponi
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10 kuponi
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50 kuponi
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100 kuponi
Third 1993 series
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10 000 kuponi
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25 000 kuponi
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50 000 kuponi
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100 000 kuponi
Fourth 1993 series
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250 kuponi
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2000 kuponi
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3000 kuponi
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20 000 kuponi
1994 series
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20 000 kuponi
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30 000 kuponi
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50 000 kuponi
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100 000 kuponi
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150 000 kuponi
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250 000 kuponi
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500 000 kuponi
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1 000 000 kuponi
Abandonment
On 2 October 1995,[1] the government of Eduard Shevardnadze replaced the provisional coupon currency with the lari, at a rate of one million to one. It has remained fairly stable since then.
References
- ^ "Lari banknotes". National Bank of Georgia. Retrieved 2006-12-30.
Preceded by: Russian ruble Reason: introduction of temporary currency Ratio: 1 kuponi = 1 ruble |
Currency of Georgia 5 April 1993 – 2 October 1995 |
Succeeded by: Georgian lari Reason: hyperinflation Ratio: 1 lari = 1,000,000 kuponi |