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en:krasna:f-04-07-01

4.7.1 Valid currencies in Russian Times

In the first decades of the settlement of Krasna people, various currencies were in circulation. Aside from the Russian money (banco or assignation) the Turkish lion remained in use for some time. After the silver currency was circulated in 1825, people had to work with three monetary systems.

1 Löwe = 40 Paras → = 2 Kopeken Banco → = ½ Kopeke Silber
1 Rubel Banco(B.A.)1) = 100 Kopeken Banco → = 0,286..Silberrubel → = 2,02 Löwen
1 Silberrubel = 100 Kopeken Silber → =7 Löwen 30 Paras → = 3 ½ Rubel (B.A.)

Banco coins remained until 1852 before they were withdrawn. The paper banco money remained until about 1870. Later, paper rubles replaced them bearing the same value as the silver ruble

1)
B.A. = Banco-Assignaten
en/krasna/f-04-07-01.txt · Last modified: 2019/05/22 15:07 by Otto Riehl Herausgeber