The Tuvan akşa (Tuvan: Тыва акша, Tyva akşa)[1] was the currency of the Tuvan People's Republic from 1933 to 1944. It was subdivided into 100 kɵpejek. The currency was issued by the Central Bank of Tannu Tuva and produced by the Russian enterprise Goznak. The akşa had a value equal to about 3.5 Soviet rubles.
Introduction[]
- Main article: Russia
On August 14, 1921, Tannu Tuva declared itself independent and was renamed to the Tuvan People's Republic in 1926. It became an autonomous oblast of the Soviet Union in 1944.
Early during its time as an independent country, the Soviet ruble and chervonets were used as media of exchange. The akşa was introduced in 1933 and remained in circulation until it was replaced by the Soviet ruble in 1944.
History[]
The Central Bank of Tannu Tuva was established on July 25, 1925, initially producing overstamped Soviet currency from 1925 to 1929 for use in the newly founded country. In 1933, the Tuvan government passed a decree which established the akşa, and the Soviet currency already in use was exchangeable at a rate of 1:1. The akşa was later replaced by the Soviet ruble in 1944, following Tannu Tuva's annexation to the Soviet Union.
Coins[]
A 20 kɵpejek coin.
From 1933 to 1934, Tuvan coins were issued, replacing the Soviet coins already in circulation. The series consisted of aluminum-bronze 1, 2, 3, and 5 kɵpejek, and cupronickel 10, 15, and 25 kɵpejek coins. All of the coins displayed the state title of the Tuvan People's Republic on the obverse, encircled by the name of the issuing authority. Inscribed on each coin's obverse was its value (as a numeral and in Tuvan text) and the year of minting.
Banknotes[]
A 1 akşa note.
In 1935, a series of banknotes was introduced, which consisted of 1, 3, 5, 10, and 25 akşa. A total of 2 million akşa in paper money was produced that year. In 1940, a new issue comprising of the same notes with different designs was introduced, and the old notes were replaceable until September 1, 1941. Each note of the new series bore the same design on the obverse: an image of oxen plowing a field next to a tree. The value of the note was imprinted on the reverse, flanking a notice written in Tuvan.
Notes and references[]
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- ↑ Translation to be verified.
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