This currency consisted solely of banknotes and suffered from high inflation, necessitating the issue of notes overstamped with higher denominations.
On 22 August 2014, the Transnistrian Republican Bank issued coins made of composite materials and come in denominations of 1, 3, 5 and 10 rubles.
[4] Since 2000, the Transnistrian Republican Bank has issued many commercial commemorative coins made from silver and gold.
[6] Coins dated 2000 were struck in Warsaw and transported via Ukraine to Transnistria in trucks belonging to the Transnistrian Republican Bank.
[8] The conflict came to a head when, in December 2004, Ukrainian customs confiscated a truck with US$117,000 worth of Transnistrian coins near Lviv.
The Polish Ministry of Foreign Affairs wrote another letter to Polska Mennica (Mint of Poland) in April 2005.
They warned that continued production of Transnistrian coins would endanger relations with Ukraine and Moldova and damage the image of Poland abroad.
The Polska Mennica (Mint of Poland) bowed to the pressure and cancelled its contract with Transnistria that same month.
Thus, on 18 November 2005, the Tiraspol Mint (Тираспольский монетный двор) was opened in the presence of President Igor Smirnov.
The commemorative banknotes consist of an overprint applied on the note and are issued both for general circulation and also sold in limited numbers for the numismatic market.