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1000 Roubles

Issuer National Bank of the Republic of Belarus
Year 1998
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Currency First Rouble (1992-2000)
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Obverse lettering ТЫСЯЧА РУБЛЁЎ
1000
(Translation: One Thousand Roubles)
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Protection type Watermark
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Comments

Belarus conducted a currency redenomination in 1994, replacing Soviet-era roubles at 10:1, but inflation ran so far ahead of policy that by 1998 a 1000-rouble note was worth a fraction of a US cent. The series to which this note belongs was itself replaced in 2000 by a second redenomination at 1000:1 — meaning this note, nominally 1000 roubles, converted to a single rouble of the next issue.

Watermark-only security on a high-denomination inflation note tells you most of what you need to know about production economics at the time.

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