Banknotes of Russia

The official currency of Russia is the Russian Ruble (RUB), issued by the Central Bank of the Russian Federation, which was established in 1990. Paper money was first introduced during the Tsarist era in the late 17th century. In 1998, a redenomination occurred where 1 new ruble replaced 1,000 old rubles, aiming to simplify transactions and stabilize the currency. Collectors often focus on Russia's diverse banknote designs that illustrate its political and social transformations. A standout series is the "Historic Series," introduced in 1995, featuring prominent figures such as Alexander Nevsky and landmarks like the Kremlin. The intricate security features, including holograms and watermarks, demonstrate advanced anti-counterfeiting technology used in modern banknotes.