Altyn (

Russian Russian(s) refers to anything related to Russia, including: *Russians (, ''russkiye''), an ethnic group of the East Slavic peoples, primarily living in Russia and neighboring countries *Rossiyane (), Russian language term for all citizens and peo ...

, also ''altýnnik'') is a historical Russian currency (symbol: ). The name in

Tatar The Tatars ()Tatar
in the Collins English Dictionary is an umbrella term for different

is ''altı'' () meaning "six", since it was worth 6

denga A denga (russian: link=no, деньга, earlier денга) was a Russian monetary unit with a value latterly equal to ½ kopeck (100 kopecks = 1 Russian ruble). Production of dengas as minted coins began in the middle of the 14th century ...

s, equivalent to three

kopeck The kopek or kopeck ( rus, копейка, p=kɐˈpʲejkə, ukr, копійка, translit=kopiika, p=koˈpʲijkə, be, капейка) is or was a coin or a currency unit of a number of countries in Eastern Europe closely associated with t ...

silver, then copper, a small value coin, or 180–206 copper puls.Eric R. Schena, “The Influence of Islamic Coins on the Russian Monetary System: An Introduction,” As-Sikka: The Online Journal of The Islamic Coins Group, 1, no. 2 (1999-2000), http://islamiccoinsgroup.50g.com/ArtRussian.htm, August 2004 From the 15th century, altyn had been in use in several Russian principalities as a

Eurasia Eurasia (, ) is the largest continental area on Earth, comprising all of Europe and Asia. Primarily in the Northern and Eastern Hemispheres, it spans from the British Isles and the Iberian Peninsula in the west to the Japanese archipelago ...

n currency between Russian and Asian traders. They were minted from 1654 under

Alexis I Aleksey Mikhaylovich ( rus, Алексе́й Миха́йлович, p=ɐlʲɪkˈsʲej mʲɪˈxajləvʲɪtɕ; – ) was the Tsar of Russia from 1645 until his death in 1676. While finding success in foreign affairs, his reign saw several wars ...

, under

Peter I Peter I may refer to: Religious hierarchs * Saint Peter (c. 1 AD – c. 64–88 AD), a.k.a. Simon Peter, Simeon, or Simon, apostle of Jesus * Pope Peter I of Alexandria (died 311), revered as a saint * Peter I of Armenia (died 1058), Catholico ...

as silver coins from 1704 to 1718. Later they were revived under Nicholas I as copper coins with a value of three kopecks from 1839. While the name ''altyn'' eventually got lost, three-kopeck-coins circulated in Russia until 1991. In the 2010s, the

Eurasian Economic Commission The Eurasian Economic Commission (EEC) is the executive body of the Eurasian Economic Union responsible for implementing decisions, upholding the EEU treaties and managing the day-to-day business of the Eurasian Economic Union. The main task of ...

drafted first proposals to revive the altyn once again by 2025 as a common currency of the

Eurasian Economic Union The Eurasian Economic Union (EAEU or EEU)EAEU is the acronym used on thorganisation's website However, many media outlets use the acronym EEU. is an economic union of some post-Soviet states located in Eurasia. The Treaty on the Eurasian Econo ...

, although western sanctions against Russia reportedly encouraged the bloc to expedite the process by 3-5 years.

References

Literature

*Узденников В. Монеты России (1700—1917): Издание третье. — М.: Collector’s Books; IP Media Inc., 2004. {{Ruble Modern obsolete currencies Proposed currencies Coins of Russia