Soviet Ruble - Historical Soviet Rubles - Second Soviet Ruble, January 1, 1922 - December 31, 1922

December 31, 1922

In 1922, the first of several redenominations took place, at a rate of 1 "new" ruble for 10,000 "old" rubles. The chervonets (червонец) was also introduced in 1922.

Read more about this topic:  Soviet Ruble, Historical Soviet Rubles, Second Soviet Ruble, January 1, 1922

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