 Many expected that there would be an exchange of paper chervonets for gold, although no government act on the free exchange of chervonets for gold did not work out.Nevertheless, the population changed paper chervontsy to royal gold coins and vice versa, sometimes even with a small overpayment for paper chervontsy (due to the convenience of liquidity and storage).Thanks to this, the course of the chervonetz remained stable, which gave a solid foundation for the deployment of the NEP .