Abkhazian apsar

Abkhazian apsar
Аԥсар (Abkhaz)
10 apsars (obverse)50 apsars (reverse)
ISO 4217
Codenone
Unit
Pluralapsark (аԥсарк)
Denominations
Banknotes10, 25, 100, 500 apsark
Coins1, 2, 3, 5, 10, 20, 25, 50, 100 apsark
Demographics
User(s) Abkhazia (alongside Russian ruble)
Issuance
Central bankNational Bank of the Republic of Abkhazia
 Websitewww.nb-ra.org
PrinterGoznak
MintMoscow Mint
 Websitewww.mmint.ru
Valuation
Pegged withаҧ 1 = ₽ 10

The apsar (Abkhaz: аԥсар, āpsār) is a currency of Abkhazia. So far, coins in denominations of 1, 2, 3, 5, 10, 20, 25, 50, and 100 apsars and banknotes in denominations of 10, 25, 100, and 500 apsars have been issued. While the coins and banknotes are legal tender in the Republic of Abkhazia, their usage is very limited, and they are mostly made for collectors. In Abkhazia, the Russian ruble is used in practice. The first apsar coins were introduced in 2008.

The name derives from the Apsars, a tribe mentioned in The Georgian Chronicles who inhabited the region in the Middle Ages and who are believed to be the ancestors of the Abkhaz people.[1][2]

The Bank of Abkhazia is responsible for the apsar coins, and has so far issued two series: "Outstanding personalities of Abkhazia" (6 coins) and "The patriotic war of the Abkhaz nation 1992–1993" (2 coins). People who have appeared on coins include:

10 and 100 apsar coins are made of silver; 25 and 50 apsar coins are made of gold. The number of coins produced is low: 2,000 silver coins are minted and 1,000 gold coins.[3]

  1. ^ Blauvelt, Timothy K.; Smith, Jeremy (19 November 2015). Georgia after Stalin: Nationalism and Soviet power. Routledge. ISBN 9781317369790 – via Google Books.
  2. ^ Wright, John; Schofield, Richard; Goldenberg, Suzanne (16 December 2003). Transcaucasian Boundaries. Routledge. ISBN 9781135368500 – via Google Books.
  3. ^ (in Russian) Regnum.ru: "Apsar" — part of the country's image