Abkhazia prints new banknote in commemoration of the republic’s first president
Abkhazia has released a new banknote worth 500 apsar [about $75] in memory of the republic’s first president, Vladislav Ardzinba.
An official press release states that the banknote is dedicated to the 25th anniversary of the victory in the patriotic war of the people of Abkhazia.
Around 13,000 people died in the conflict and around 300,000 people, mostly ethnic Georgians, became internally displaced persons.
The banknote cannot be used as a payment instrument, but it will be in circulation and available for purchase from Abkhaz banks. The Chairman of the National Bank of Abkhazia, Beslan Baratelia, says that the banknote makes for a good birthday or wedding present. The bill can also be exchanged for its worth in roubles.
Some organisations, however, have said that they are ready to accept the Abkhaz banknote as payment, such as the Fazil Iskander Sukhum Drama Theatre.
So far 10,000 copies of the banknote have been released.