Monetary reform in the Soviet Union, 1961

The monetary reform in the Soviet Union of 1961 (known as the "Khruschev's reform") was carried out since January 1, 1961. Internally the denomination was 10:1, with all prices, salaries, etc., changed on the same scale. However the gold standard was increased only 4.4:1, making 1 US dollar equal to 90 kopecks.

Copper coins were not exchanged, however prices were rounded up.