Information about currency: Kuponi
Kuponi (1993 - 1995)
| Currency Name | Kuponi |
|---|---|
| System | No subdivisions |
| Description | Georgia replaced the Russian ruble on 5 April 1993, with Kuponi at par. This currency consisted only of banknotes, had no subdivisions and suffered from hyperinflation. Notes were issued in denominations between 1 and 1 million Kuponi, including the somewhat unusual 3, 3000, 30,000 and 150,000 Kuponi. On 2 October 1995, the government replaced the provisional coupon currency with the Lari, at a rate of one million to one. It has remained fairly stable since then. |
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