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Bank of Russia Banknotes of 1995 Issue
"sf" wrote in message ... Hello, Can someone please tell if "Bank of Russia Banknotes of 1995 Issue" are still valid legal tender in Russia that can be exchanged ? How about Russian Banknotes of 1993 issue ? Maybe someone can direct me to where I can find details about this myself ? I have visted http://www.cbr.ru/eng/ and they have pictures and descriptions of 1995 and 1997 issue banknotes but do not details regarding the validity of the 1995 as legal tender. I have 76,540 in ruble notes and have been told by a friend that they are now worthless due to the issue date. thx sf Unlike in the Soviet days, the Russian Govt left the previous notes in circulation as legal tender for a specified amount of time, I cannot remember how long it was but I think it was about a year or two. I think in all probability that the notes are now worthless except as curiousities because of the redemption time having passed. Even in recent times the Soviet Govt demonetized note issues overnight, ie the 50 and 100 Ruble notes because of alleged corruption involving notes of those denominations. For a couple of years nothing in those denominations circulated. In 1991 when I was there the Soviet govt issued the 100 Ruble note just a couple of days before I got there and in fact I got some of the first actually issued in the Magadan Oblast when I exchanged my money. Of course everybody whom got them when I spent them looked at them like something curious and suspect, but all took them. The only hard time I ever had spending money was when I ran out of rubles and had to spend dollars in a market, the lady would not take them because they did not have a watermark. That would not happen now, US$ circulates much more than back in 1991 and US$ have watermarks. Dave |
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#2
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Russia issued "New Ruble" in 1998. 1 new Ruble=1,000 "old" Rubles. Notes
before 1998 are no longer legal tenders. Tom Chao http://tomchao.com "sf" wrote in message ... Hello, Can someone please tell if "Bank of Russia Banknotes of 1995 Issue" are still valid legal tender in Russia that can be exchanged ? How about Russian Banknotes of 1993 issue ? Maybe someone can direct me to where I can find details about this myself ? I have visted http://www.cbr.ru/eng/ and they have pictures and descriptions of 1995 and 1997 issue banknotes but do not details regarding the validity of the 1995 as legal tender. I have 76,540 in ruble notes and have been told by a friend that they are now worthless due to the issue date. thx sf |
#3
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On Sat, 13 Sep 2003 22:34:53 +0200 (CEST), "sf"
wrote: I believe that the 1993 and 1995 issues are still redeemable at the major banks at the rate of 1,000 of those rubles to 1 "new" ruble. Therefore, you still have 76.54 "new" rubles, even though at the current rate (30 "new" rubles to US$1 or so) , it is not worth exchanging them, probably good to start a collection of sorts. Nick HTH! Hello, Can someone please tell if "Bank of Russia Banknotes of 1995 Issue" are still valid legal tender in Russia that can be exchanged ? How about Russian Banknotes of 1993 issue ? Maybe someone can direct me to where I can find details about this myself ? I have visted http://www.cbr.ru/eng/ and they have pictures and descriptions of 1995 and 1997 issue banknotes but do not details regarding the validity of the 1995 as legal tender. I have 76,540 in ruble notes and have been told by a friend that they are now worthless due to the issue date. thx sf To reply by e-mail, use goldeneye at verizon dot net. |
#4
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Currently in circulation: 1997 type and 2001 modification of 1997 type
Exchangable in State owned "Savings Bank": 1995 type, 1993, 1994 type @ rate 1:1000 Not valid anymo Soviet currency of pre-1993 and Russian Federation currency of 1992 (5.000/10.000) With the last one you should be carefull since it has pretty similar apperance with 1993 Oleg, The Russia/Moscow resident sf wrote: Hello, Can someone please tell if "Bank of Russia Banknotes of 1995 Issue" are still valid legal tender in Russia that can be exchanged ? How about Russian Banknotes of 1993 issue ? Maybe someone can direct me to where I can find details about this myself ? I have visted http://www.cbr.ru/eng/ and they have pictures and descriptions of 1995 and 1997 issue banknotes but do not details regarding the validity of the 1995 as legal tender. I have 76,540 in ruble notes and have been told by a friend that they are now worthless due to the issue date. thx sf |
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