Transcaucasian ruble

The ruble (Russian: рубль, Armenian: ռուբլի), manat (Azerbaijani: منات) or maneti (Georgian: მანეთი) was the currency of both Transcaucasian states, the Transcaucasian Democratic Federative Republic and the Transcaucasian Soviet Federal Socialist Republic.

First Transcaucasian ruble

In 1918, the Comissariat of the short-lived Transcaucasian Democratic Federative Republic issued paper money denominated in rubles: Ruble Transcaucasian Commissariat. This ruble was equivalent to the Russian ruble. The notes bore Russian text on the obverse, with Armenian, Azerbaijani and Georgian texts on the reverses. Denominations were 1, 3, 5, 10, 50, 100 and 250 rubles.

Between 1919 and 1922/3, Armenia, Azerbaijan and Georgia issued their own currencies, the Armenian ruble, Azerbaijani manat and Georgian maneti, which replaced the Transcaucasian ruble at par.

Second Transcaucasian ruble

In 1923 and 1924, the Transcaucasian Soviet Federal Socialist Republic (part of the USSR) issued notes of denominations between 1000 and 10 milliard rubles.

From 1924 and onwards, the Soviet ruble circulated as the official currency of the Transcaucasian SFSR (and the three Soviet Socialist Republics that succeeded the Transcaucasian SFSR). Armenia, Azerbaijan, and Georgia gained independence and issued their own respective currencies in 1993, 1992, and 1993, shortly after the fall of the Soviet Union.

See also

• Armenian dram
• Azerbaijani manat
• Georgian lari