Friday 2 January 2015

iso 4217 or beyond the dniester

The autonomous strip of land between Moldova and Ukraine that hugs the Dniester river known as Transnistria or the Pridnestrovian Moldavian Republic (Приднестровская Молдавская Республика) represents the region that did not want to disassociate itself from Mother Russia as the Soviet Union was dissolving.
Though independent from the Moldovian government, Transnistria’s political status has gone unresolved for more than a decade, enjoying only severely limited international recognition mostly from states in similar situations that generally go unrecognised themselves. This situation has resulted in high-hurdles to trade and permeated economic isolation, only open to a few select markets—which inevitably produces a gun-running economy. The predicament has also led to a few innovations—such as can be curried in such an environment, including a unique coinage to compliment their native, “token” currency. These Transnistrian rouble coins are made out of composite plastic and look to me, endearingly, like guitar-picks.