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The currency is de facto pegged to the United States dollar. The central bank determines each workday whether it is appropriate to devalue the currency against the US dollar. [citation needed] As of 12 October 2024 [10] (Transnistrian ruble per foreign currency unit) US dollar: 16.1000 rubles; Euro: 17.6150 rubles; Russian ruble: 0.1676 rubles
The Transnistrian Republican Bank has largely been held afloat by economic intervention from Russia who is the only state that has provided financial assistance to Transnistria, however, since 2014, Russian aid has steadily declined forcing the Transnistrian Republican Bank to rely further on domestic and Moldovan financial institutions, investments and credit.
Transnistria has its own central bank, the Transnistrian Republican Bank, which issues its national currency, the Transnistrian ruble. It is convertible at a freely floating exchange rate but only in Transnistria. Transnistria's economy is frequently described as dependent on contraband [152] and gunrunning.
It replaced the temporary cupon currency at a rate of 1 leu = 1000 cupon. In Transnistria, an unrecognized breakaway state which is internationally recognized as part of Moldova, the Transnistrian ruble is used instead. The currency is not honoured by Moldova or any other state.
Coins of Transnistria (2 P) Pages in category "Currencies of Transnistria" This category contains only the following page. This list may not reflect recent changes. T.
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...
International dollar – hypothetical currency pegged 1:1 to the United States dollar; Jamaican dollar – Jamaica; Kiautschou dollar – Qingdao; Kiribati dollar – Kiribati; Liberian dollar – Liberia; Malaya and British Borneo dollar – Malaya, Singapore, Sarawak, British North Borneo and Brunei; Malayan dollar – Brunei, Malaysia and ...
The Pridnestrovian Moldavian Soviet Socialist Republic [a] (PMSSR), also commonly known as Soviet Transnistria or simply as Transnistria, was created on the eastern periphery of the Moldavian Soviet Socialist Republic (MSSR) in 1990 by pro-Soviet separatists who hoped to remain within the Soviet Union when it became clear that the MSSR would achieve independence from the USSR and possibly ...