| Local name | ქართული კუპონი |
|---|---|
| Local name lang | ka |
| Iso code | GEK |
| Using countries | Georgia (except Abkhazia and South Ossetia) |
| No plural | Y |
| Used banknotes | 1, 3, 5, 10, 50, 100, 250, 500, 1,000, 2,000, 3,000, 5,000, 10,000, 20,000, 25,000, 30,000, 50,000, 100,000, 150,000, 250,000, 500,000, 1,000,000 kuponi |
| Issuing authority | National Bank of Georgia |
| Issuing authority website | www.nbg.gov.ge |
| Obsolete | 2 October 1995 |
| Inflation rate | Unknown; at least 50% |
| Date of introduction | 5 April 1993 |
| Replaced currency | Russian rouble (1 RUR = 1 GEK) |
| Date of withdrawal | 2 October 1995 |
| Replaced by currency | Georgian lari (1 GEL = 1,000,000 GEK) |
The kuponi (Georgian: კუპონი k’up’oni, "coupon"; 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.
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.