20 Roubles

Belarus redenominated in 2000, replacing the 1992 series at a rate of 1,000 old roubles to one new. This note belongs to that reissued series — same basic designs as the earlier printing, effectively rescaled. The reform was driven by hyperinflation that had rendered smaller denominations functionally useless through the 1990s, and the National Bank had been printing notes in denominations up to 5,000,000 roubles before the overhaul.

A second redenomination followed in 2016, again at 1:10,000, making this entire series obsolete within sixteen years of issue.