Catalog
| Issuer | National Bank of the Republic of Belarus |
|---|---|
| Year | 1996 |
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| Composition | Paper |
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| Obverse lettering | НАЦЫЯНАЛЬНЫ БАНК РЭСПУБЛІКІ БЕЛАРУСЬ РАЗЛІКОВЫ БІЛЕТ ДЗЯРЖАЎНЫ АКАДЭМІЧНЫ ВЯЛІКІ ТЭАТР ОПЕРЫ І БАЛЕТА РЭСПУБЛІКІ БЕЛАРУСЬ 100 000 СТО ТЫСЯЧ РУБЛЁЎ 1996 (Translation: National Bank of the Republic of Belarus, Payment ticket, National Academic Grand Theatre of Opera and Ballet of the Republic of Belarus, One Hundred Thousand Rubles, 1996) |
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| Reverse lettering | ПАДРОБКА РАЗЛІКОВЫХ БІЛЕТАЎ НАЦЫЯНАЛЬНАГА БАНКА БЕЛАРУСІ ПРАСЛЕДУЕЦЦА ПА ЗАКОНУ СТО ТЫСЯЧ РУБЛЁЎ 100 000 (Translation: Forgery of banknotes of the National Bank of Belarus is prosecuted by law, One Hundred Thousand Rubles) |
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| Comments |
Belarus redenominated in 1994, replacing Soviet-era roubles at 10:1, but inflation continued moving fast enough that the National Bank was issuing 100,000-rouble notes just two years later — a denomination that would have been unthinkable at independence. The series to which this note belongs was itself superseded when Belarus redenominated again in 2000, this time at 1,000:1, collapsing the 100,000-rouble note to a face value of 100 new roubles.
Notes from this period are heavily associated with the economic turbulence of the Lukashenko government's early years, when artificial exchange rate controls and a refusal to coordinate monetary policy with Russia drove parallel currency markets across the country.