Printed Money, 1998 >



ABZ COS, Prez:
23.4.2020 >

23.4.2020 >
*  Not Recognized by NATO

ABKHAZIA Banknotes,  Prov. Issues Ca. 1992-94, 2018, 23 Comm's

Republic of Abkhazia

History: 1491 Kingdom GEO; 1505 IRN; 1516 TUR; 1801 RUS; 1844 Caucasas; 1918 RUS; 1990 GEO; 1992 ABZ declares independence; 2008 RUS occupies ABZ
Currency History: RUS currency 1810-1918, 1924-1993; GEO 1919-21, 2008 >; RUS 2008 >

RUS currency used from 1810-1918, 1924-93
rusP.A11x.jpg rusP.A8b.jpg rusP.A18.jpg rusP.A253Rubles1840BM.jpg rusP.A33.jpg rusP.2785000Rubles2006.jpg

The Georgia Lari and Russian Ruble currently circulate in Abkhazia >

State Bank Note U.S.S.R. w/Local (Stamp) Issues

N.1, P.UNL   25 Lari  1961(1993-94)
Georgia 25 stamp on Rus P.234a

Lilac paper
N.2, P.UNL  25 Lari 1961(1993-94)
Georgia 25 stamp on Rus P.234a
White paper
N.3, P.UNL  50 Lari 1961(1993-94)
Georgia 50 stamp on Rus P.235a
Rus 50 Rubles 1961
with Georgia 50 Stamp
N.4, P.UNL 100 Lari 1961(1993-94)
Georgia 100 stamp on Rus P.236a
Rus 100 Rubles 1961
with Georgia 100 Stamp

N.5, P.UNL  100 Lari 1991(1993-94)

Georgia 100 stamp on Rus P.243a


Rus 100 Rubles 1991
N.6, P.UNL  50 Lari 1992(1993-94)
1992 Georgia 50 stamp on Rus P.247a
Rus 50 Rubles 1992
with Georgia 50 Stamp

National Bank of Abkhazia

Local Commemorative Issues

N.10, P.UNL 500 Apsar 2018
N.11, P.UNL 25 Aspar 2023 **
Back **
N.12, P.UNL  10 Aspar 2024
N.13, P.UNL  100 Aspar 2024
Commemorative/Numismatic Issues, not for retail payment.
The Georgia Lari and Russian Ruble currently circulate in Abkhazia


An email was received objecting to the listing of the above notes on this site.

The writer, who I believe was an Azeri, said that listing these notes N.1 - N.6 was supporting terrorism. He also indicated that this website has been mentioned by the separatists on numerous occasions as a recognizable world authority (which it is not) and they use it to justify the fact of their occupation. I have responded to him and said I would study his request and advise him of any changes I plan to make to this site as a result of his concern.

I would appreciate receiving comments from readers on this subject. Any individual or organization with an opinion on this subject is welcome to write us. With your permission, we will publish these comments in their entirety on this site.

DISCLAIMER: This is a non-commercial hobby website published by an individual. As such, no recognition or support for any individual or group is implied or intended unless specifically stated. This site is not affiliated with the United Nations or any other political organization. We are members of the following collector organizations: International Bank Note Society, Latin American Bank Note Society and the Haitian Numismatic Society. It is our choice as to which banknotes are displayed. Our long term goal is to have all banknotes from every issuing authority listed on this site, regardless of their political identity - if it is a banknote then it will be collected and we will try to find accurate information to portray it in an unbiased manner.

However, we have now been made aware of the political implications of this page, which we will consider carefully to ensure that this has been done fairly.  

Abkhazia was a small Autonomous Republic of Georgia that stated its desire to declare independence in 1990 when  the Soviet Union granted Georgia its independence.

On July 23, 1992, the Abkhazian parliament declared the republic's independence and reinstated the Abkhaz constitution of 1925, in which Abkhazia's equal legal status with Georgia was codified. The Georgian State Council immediately called the declaration of independence invalid.

Georgia's National Guard under the leadership of General Tengiz Kitovani invaded Abkhazia on August 14, 1992.  CLICK TO ENLARGE

Abkhazia issued provisional banknotes using Russian issues with Georgia postage stamps affixed. It is believed they circulated from approximately March 1992 to November 1992. It is not know whether these are official government or private issues.

Abkhazia's parliament elected Vladislav Ardzinba as President in 1992.

n July 27, 1993, the Georgian government and the Abkhazian authorities signed a ceasefire agreement in the Russian city of Sochi.

The Agreement was rendered invalid by the capture of the Abkhaz capital Sukhumi by Abkhazian troops on September 27, 1993.  

On April 4, 1994, the Georgian and Abkhaz sides signed a Declaration on Measures for a Political Settlement of the Georgian-Abkhaz Conflict. The Declaration was the first document that discussed constitutional and power sharing arrangements between Georgia and Abkhazia. It granted Abkhazia the right to maintain the major attributes of a sovereign state - its own constitution, legislation, and state symbols (anthem, emblem and flag).

In 1994 a treaty was signed ending the conflict and CIS peacekeeping forces(CISPKF) were deployed to the region.

Georgia declared Abkhazia an independent republic on 10.10.2002, however, Abkhazia continued to struggle for complete independence from Georgia. 

On November 26, 2004 Abkhazia ratified a new constitution declaring it a sovereign state. In January 2005,
Sergei Bagapsh was elected President.

Russia recognized Abkhazia in 2008 after invading South Ossetia, Georgia.

International recognition

Abkhazia was an unrecognised state for most of its history. The following is a list of political entities that formally recognise Abkhazia.

UN member states

Russia Russia recognised Abkhazia on 26 August 2008 after the 2008 South Ossetia war.

Nicaragua Nicaragua recognised Abkhazia on 5 September 2008.

Venezuela Venezuela recognised Abkhazia on 10 September 2009.

Nauru Nauru recognised Abkhazia on 15 December 2009.

Partially recognised and unrecognised territories

South Ossetia South Ossetia recognised Abkhazia on 17 November 2006.

Transnistria Transnistria recognised Abkhazia on 17 November 2006.

Nagorno-Karabakh Republic Nagorno-Karabakh recognised Abkhazia on 17 November 2006.

Former recognition

Vanuatu Vanuatu recognised Abkhazia on 23 May 2011, but withdrew recognition on 20 May 2013.

Tuvalu Tuvalu recognised Abkhazia on 18 September 2011 but withdrew recognition on 31 March

* Not recognized by NATO

** If the QR code is scanned on the back of banknote
N.11, P.UNL 25 Aspar 2023 it will take you to a website, https://nb-ra.org, which is in Russian. Here's a translation from friend Dim Litvak:

On the occasion of the 30th anniversary of the victory of the people of Abkhazia in the Patriotic War

According to the Law of the Republic of Abkhazia dated April 21, 2008, No. 2012-c-IV "On the Circulation of Commemorative and Investment Coins and Commemorative Banknotes in the Territory of the Republic of Abkhazia," commemorative banknotes are monetary signs made of paper, special types of plastic, or their combinations. Banknotes can be used both as a means of payment and as collectibles, investments, and numismatic items at prices that differ from their face value.

The face value (denomination) is the initial price value, the nominal quantity specified on the banknote. Banknotes issued by the National Bank of the Republic of Abkhazia (the Bank of Abkhazia) are denominated as "Apsar."

The banknotes issued into circulation are used as a means of payment at their nominal value, which has a fixed equivalent in Russian rubles: 1 Apsar equals 10 Russian rubles. However, these banknotes cannot be used as a means of payment in retail trade.

The price of banknotes at the initial issue is determined by their nominal value.

The price of banknotes in the secondary market is freely determined.

The Bank of Abkhazia and credit institutions, without charge and without limiting the amount, carry out operations exchanging Bank of Abkhazia banknotes for Russian rubles and other currencies with legal entities and individuals with whom they conduct banking transactions in accordance with the legislation of the Republic of Abkhazia.

Image of the banknote of the Bank of Abkhazia of 2023 with a face value of 25 Apsars, with a description of both sides.

And here is Dmitriy Litvak's opinion of the 25 Aspar 2023 note:
Since the "Republic of Abkhazia" is a territory annexed by the Russian Federation, the Bank of Abkhazia can be considered only as a regional bank within the Russian Federation. Therefore, everything they "issue" constitutes commemorative banknotes that are for consumption ONLY within the territory of the Republic of Abkhazia. The Bank of Russia, being the sole issuer of currency in the Russian Federation, has no relation to this issuance. Therefore, categorize this under "Local Commemorative issues."