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10 Roubles

Issuer National Bank of Belarus
Year 1992
Type Standard circulation banknote
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Reverse description The Pahonia, the traditional heraldic knight of Belarus, shown as an armoured warrior on a rearing horse and brandishing a sword, rendered in red intaglio within a central oval medallion surrounded by elaborate layered guilloche lacework in green. The denomination numeral 10 appears in red within green oval cartouches to either side of the central vignette. The year 1992 is printed in red at lower right, with an anti-counterfeiting notice in small Cyrillic text at upper right.
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Belarus issued its first rouble series in 1992 as a direct consequence of the Soviet collapse — the Russian rouble was still technically in circulation, so these notes initially served as supplementary "rabbit coupons," a nickname that stuck immediately due to the animal imagery throughout the series. They were not intended as a permanent currency but as a transitional stopgap while the republic established monetary independence.

Hyperinflation rendered the entire denomination structure obsolete within a few years, and the 10 rouble note became effectively worthless long before it left circulation. The 1992 series was eventually redenominated at 10 to 1 in 2000.