Khorezm banknote in rag (silk) - 5000 rubles In 1920-1923 (gregorian calendar) the Khorezm Republic issued Khiva silk banknotes. In those years, the banknotes were printed in four denominations: 500, 1000, 2000 and 5000 rubles. Each of them has some inscription in Uzbek Arabic script: * "banknotes (literally -"clothe money ") of Khorezm People's Soviet Republic"; * "Forgery of bank notes prosecuted by Revolution"; * "This assignat is property of the state".