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A certificate to which local citizens are required to exchange any foreign currency they receive as part of their salary or as remittances from relatives or friends who live abroad. These certificates may be accepted as payment in specific stores, which otherwise sell goods only to foreign citizens
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A certificate denominated in local currency, which foreign citizens are required to use for some or all of their purchases. The exchange rate may be more favourable for the visitor than the official commercial rate. The purpose is to channel the foreign exchange to the state coffers instead of the
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A certificate for purchasing foreign currency at a specified rate, often for a specified purpose, such as financing imports. This type of certificates were required in many
European countries after World War
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477:
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coal mines). The purpose of such certificates was to prevent a shortage of goods in the event of an uncontrolled influx of money from outside the zone.
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in countries where the national currency is subject to exchange controls or is not convertible. The arrangements vary significantly case by case.
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132:(separate certificates and tokens for "socialist visitors" and "capitalist visitors" were in use between the 1970s and 2008)
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in exchange for foreign currency. This type of FECs was issued in the Soviet Union between 1961 and 1989.
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FECs denominated in national currency but with a special exchange rate / rules of circulation
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black market. This type of FECs was in use in
Germany in 1931–1948 and China in 1980–1994.
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561:"POLSKA RZECZPOSPOLITA LUDOWA – POLAND Foreign Exchange Certificates, 1969 Issues"
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457:"Provisional regulations of the Bank of China foreign exchange certificate"
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Certificates for circulation in closed economic zones (for example, the
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478:"North Korea new variety foreign exchange certificate reported"
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FECs denominated in a foreign currency (usually the US dollar)
496:"Bulgaria paper money catalog and Bulgarian currency history"
439:"RUSSIA Paper Money, Foreign Exchange Certificates, 1961–91"
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in the 1930s, and various FEC types in 1961–1991, of which
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USSR FEC for sailors, Series A, (issues from 1967 to 1980)
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USSR FEC for
Beryozka shops, 1 kopeck, yellow stripe, 1966
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USSR FEC for
Beryozka shops, 1 kopeck, blue stripe, 1966
543:"Burma to abolish foreign exchange certificate in 2013"
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USSR Vneshposyltorg FEC, 10 kopecks, for the military,
193:– it was illegal to exchange them for regular
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641:Chinese foreign exchange certificates (FEC)
304:USSR Vneshposyltorg FEC, 1 and 10 kopecks,
518:"ROMANIA - Foreign Exchange Certificates"
545:. Mizizma. 9 August 2012. Archived from
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319:USSR Vneshposyltorg FEC, 2 kopecks,
138:(from 1985, several different FECs (
349:USSR Vneshposyltorg FEC, 3 rubles,
209:People's Bank of Yugoslavia cheques
47:Some of the main types of FEC are:
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174:People's Bank of Bulgaria cheques
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692:Currencies of Czechoslovakia
29:foreign exchange certificate
18:Foreign Exchange Certificate
737:Economy of the Soviet Union
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226:(Burma) (until March 2013)
99:were the most common ones)
727:Currencies of Yugoslavia
649:East German forum checks
37:foreign exchange control
742:Foreign exchange market
652:(in English and German)
644:(in English and German)
732:Currencies of Zimbabwe
672:Currencies of Bulgaria
417:"Currency Certificate"
97:Vneshposyltorg cheques
722:Currencies of Vietnam
712:Currencies of Romania
697:Currencies of Germany
677:Currencies of Myanmar
667:Currencies of Albania
248:Zimbabwean bond coins
244:Zimbabwean bond notes
67:for employees of the
717:Currencies of Russia
707:Currencies of Poland
702:Currencies of Ghana
682:Currencies of China
382:FEC, Czechoslovakia
687:Currencies of Cuba
633:Numismatics portal
549:on 12 August 2012.
234:Bon Towarowy PeKaO
484:on 19 April 2014.
445:on 13 March 2016.
191:Communist Albania
180:Communist Romania
16:(Redirected from
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585:. Archived from
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182:(NAVROM cheques)
145:convertible peso
35:) is a tool for
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93:Torgsin cheques
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605:External links
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419:. investopedia
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207:in the 1950s,
205:Putnik cheques
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166:Balkan Tourist
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152:Czechoslovakia
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65:Svalbard ruble
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140:INTUR cheques
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113:forum cheques
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619:Money portal
591:. Retrieved
587:the original
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565:. Retrieved
563:. numismondo
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547:the original
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526:. Retrieved
522:the original
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500:. Retrieved
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482:the original
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460:. Retrieved
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443:the original
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421:. Retrieved
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195:Albanian lek
144:
109:East Germany
89:Soviet Union
46:
43:Common types
32:
28:
26:
395:Forumscheck
367:FEC, Poland
130:North Korea
121:West German
105:(1980–1994)
661:Categories
593:2020-05-23
583:"ZIMBABWE"
528:2020-05-23
498:. atsnotes
403:References
201:Yugoslavia
197:banknotes.
69:Arktikugol
567:19 April
502:19 April
462:19 April
423:19 April
240:Zimbabwe
162:Bulgaria
76:Examples
255:Gallery
224:Myanmar
186:Vietnam
170:Corecom
119:to the
230:Poland
124:D-Mark
117:pegged
380:Tuzex
365:PeKaO
156:Tuzex
103:China
569:2014
504:2014
464:2014
425:2014
351:1976
336:1976
321:1976
306:1976
246:and
172:and
136:Cuba
52:II.
33:FEC
663::
168:,
115:,
27:A
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