Modification of banknotes of the Russian ruble (2022—2025)The 2022-2025 series of banknotes of the Russian Ruble is the latest series of Bank of Russia banknotes with a nominal value of 10 to 5000 rubles. The previous banknotes (from 1997) are planned to be withdrawn from circulation by 2035.[1] History  In 2017, new banknotes were introduced with new denominations of 200 rubles and 2000 rubles,[2] which depict the cities of Sevastopol (internationally recognized as Ukrainian while occupied by Russia since 2014) and Vladivostok — the cities of the Southern and Far Eastern Federal Districts of the Russian Federation, respectively. The new designs were voted for on the website твоя-россия.рф.[3] The banknotes were unveiled and put into circulation on October 12, 2017.[4] In July 2021, the deputy chairman of the Central Bank, Mikhail Alekseev, announced a change in the concept of the "Cities of Russia" series for banknotes. In particular, it was decided to link the obverse of each banknote to the administrative centers (except of the Southern Federal District) of each of the federal districts of Russia,[5][1] and the reverse to the districts themselves. Mikhail Alekseev explained this decision by the fact that earlier the choice of cities represented on the notes was messy and narrow: "If now about 22 million people live in the cities depicted on the bills, who consider certain banknotes conditionally "their own", then with the expansion of the subject to the regional, every resident of the country will be able to associate himself with a banknote through the region in which he lives"[6]. The sights of the cities and districts that will be represented on them will be selected by an expert commission[6][needs update]. Old banknotes will be gradually withdrawn from circulation due to natural wear and tear. It is expected that by 2026 the new banknotes will prevail in active circulation over the old ones.[7] The older notes are planned to be permanently withdrawn from circulation by 2035. Differences from previous banknotesA significant difference of the new banknotes is that the new notes have 9-digit serial numbers instead of the 7-digit ones seen on previous notes. Also, the image of the double-headed eagle depicted with lowered wings, and without crowns, a sceptre, or a globus cruciger (the logo of the Bank of Russia since the end of 1993) on their obverse was replaced with the coat of arms of Russia, similar to 1-10 ruble coins, issued since 2016 and commemorative 25 ruble coins, made of base metals. Visible security features include watermarks, microtext, and iridescence.[8] The new banknotes, according to the Central Bank, will be more reliable and less susceptible to contamination. Also, for the first time, a QR code will appear on the notes, which is also planned to be used as a security element.[9] Table of new banknotes
10-ruble banknotesThe issue of 10-ruble banknotes was previously discontinued in 2012,[10] as they were completely replaced by 10-ruble coins. Mikhail Alekseev, deputy chairman of the Bank of Russia, explained the decision to resume the issue of 10-ruble notes by saying that it is easier to return banknotes to monetary circulation: "We issue a lot of 10-ruble coins, but they immediately settle in piggy banks and do not return to circulation. At the same time, you cannot put a banknote in a piggy bank, it's much easier to find a place for it in a wallet. In addition, it is easier to transport banknotes than coins. Thus, replacing coins with banknotes make sense both from the side of reducing our costs and from the side of usability".[6] The 10-ruble banknote will depict Novosibirsk and the Siberian Federal District. Novosibirsk will replace another city of the Siberian Federal District, Krasnoyarsk, depicted on the banknotes of the 1997 model, and will be presented on the bills of the Bank of Russia for the first time. It is planned to put it into circulation together with 50-ruble bills by 2025.[11] 50-ruble banknotesThe 50-ruble banknote will depict St. Petersburg and the Northwestern Federal District. St. Petersburg retains its place in comparison with the banknotes of the previous sample. It is planned to put it into circulation together with 10-ruble bills by 2025. 100-ruble banknotes The design of the 100-ruble banknote was unveiled by the Central Bank on June 30, 2022. On the same day, the first of the new banknotes became legal tender. On it, as on the banknotes of the last sample, Moscow is depicted, as well as the Central Federal District. The size of the note, at 150 × 65 mm, is the same as the size of the 200-ruble banknote previously put into circulation. The main color is orange. The obverse depicts the sights of Moscow: The Kremlin's Spasskaya Tower (the time on the chimes is 20:22, corresponding to the year of the bill's introduction into circulation,[12] the main building of Moscow State University, Zaryadye Park, Ostankino and Shukhov TV towers. On the reverse side there are monuments on the places of military history of Russia, located in the Central Federal District: Kulikovo Field and the Rzhevsky Memorial. Also on the bill there is a QR code leading to the information page of the Central Bank of the Russian Federation, containing information about the means of protection and the artistic content of the bill.[13] 500-ruble banknotesPyatigorsk and the North Caucasus Federal District are planned to be depicted on the 500-ruble banknote. Pyatigorsk will take the place of Arkhangelsk, which was depicted on the 1995 banknotes. The new "pyatikhatki" will be put into circulation around 2025.[14] 1000-ruble banknotes Nizhny Novgorod and the Volga Federal District are going to be depicted on the 1000-ruble banknote. Nizhny Novgorod will take the place of Yaroslavl, which was on the previous 1000-ruble notes. The updated banknotes are planned to be unveiled in the second half of 2025[15]. On 16 October 2023, the day of unveiling of the initial redesign of the 1,000-ruble note, the design of the note was criticised by the Russian Orthodox Church for displaying the Islamic crescent on one of the buildings on the reverse of the note at the same time as excluding the Orthodox cross from a different building (a former church that is now a museum).[16] The Bank of Russia claimed that the image was not selected to provoke or disregard any faith, but announced on the following day that the design would be revised and the notes would not be printed.[16] 5000-ruble banknotes Yekaterinburg and the Ural Federal District will be depicted on the 5000-ruble banknote. Yekaterinburg will take the place of Khabarovsk, which was on 5000-ruble notes earlier. The updated banknotes will be put into circulation in 2023. CriticismSome experts were skeptical about the reform and believe that the banknotes will have to be put into circulation much later than the Central Bank plan due to the fact that the process of adapting cash registers and ATMs to support new banknotes would be very delayed by the sanctions.[17][18] See alsoReferences
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