External Trade Banknotes.

[Tal Inbar]

Are these Soviet Traveller's Cheques?

[new world]

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]

Yeap, the so called "Beriozka" certificates.

Alexei

[Tal Inbar]

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]

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]

Tal,

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

Alexei