Assignation ruble

The Assignation ruble (Russian: ассигнационный рубль; assignatsionny rubl) was the first paper currency of the Russian Empire. It was used from 1769 until 1849. The Assignation ruble had a parallel circulation with the silver ruble; there was an ongoing market exchange rate for these two currencies. In later period, the value of the Assignation ruble fell considerably below that of the silver ruble.

Assignation ruble

The Assignation ruble (Russian: ассигнационный рубль; assignatsionny rubl) was the first paper currency of the Russian Empire. It was used from 1769 until 1849. The Assignation ruble had a parallel circulation with the silver ruble; there was an ongoing market exchange rate for these two currencies. In later period, the value of the Assignation ruble fell considerably below that of the silver ruble.