External Trade Banknotes.

Tal Inbar · 12-05-2003, 01:56 PM

Are these Soviet Traveller's Cheques?

new world · 12-05-2003, 02:08 PM

Tal,

I believe these cheques were used for exchange for hard currency earned by the Soviet citizens abroad.

The holders of such cheques were entitled to use them in special stores in exchange for imported goods.

William

Nota Bene · 12-06-2003, 07:28 PM

Yeap, the so called "Beriozka" certificates.

Alexei

Tal Inbar · 12-18-2004, 04:53 AM

every K were counted?

What was the value of a K in 1979? What was the logic of issuing a banknote for 1 K? :confused:

Lapa · 12-18-2004, 01:27 PM

Tal,

They were exchanged at the official rate for hard currency. At the time, I remember that 1 rouble was worth way more that 1 USD (once again, at official exchange rate).

Marc

Nota Bene · 12-18-2004, 04:57 PM

Tal,

The reason was the same as for having a 1K coin :)

Alexei

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12-05-2003, 02:08 PM	#2
new world Senior Member Join Date: May 2002 Location: NYC, USA Posts: 1,086	Tal, I believe these cheques were used for exchange for hard currency earned by the Soviet citizens abroad. The holders of such cheques were entitled to use them in special stores in exchange for imported goods. William

12-06-2003, 07:28 PM	#3
Nota Bene Senior Member Join Date: May 2002 Location: New York USA Posts: 2,296	Yeap, the so called "Beriozka" certificates. Alexei

12-18-2004, 01:27 PM	#5
Lapa Senior Member Join Date: Jun 2002 Location: St Petersburg, Russia Age: 63 Posts: 2,397	Tal, They were exchanged at the official rate for hard currency. At the time, I remember that 1 rouble was worth way more that 1 USD (once again, at official exchange rate). Marc

12-18-2004, 04:57 PM	#6
Nota Bene Senior Member Join Date: May 2002 Location: New York USA Posts: 2,296	Tal, The reason was the same as for having a 1K coin :) Alexei

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