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200 Roubles

Issuer State Bank of the USSR (Gosbank)
Year 1991
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Size 144 × 70 mm
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Reverse description The reverse carries a detailed architectural vignette of the Moscow Kremlin ensemble, including the State Kremlin Palace, the Trinity Tower, and the building of the Congress of People's Deputies of the USSR, set against an intricate multicolour guilloche background. The denomination numeral 200 and the Cyrillic legend appear above and below the central vignette, with fine lathe-work patterns filling the surrounding field.
Reverse lettering 200 ДВЕСТИ РУБЛЕЙ ПОДДЕЛКА БИЛЕТОВ ГОСУДАРСТВЕННОГО БАНКА СССР ПРЕСЛЕДУЕТСЯ ПО ЗАКОНУ
(Translation: TWO HUNDRED ROUBLES FORGERY OF THE NOTES OF THE STATE BANK OF THE USSR IS PUNISHABLE BY LAW)
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The 1991 Gosbank series was the last currency program the Soviet state would ever complete. This 200-rouble denomination was introduced as part of that final Pavlov reform wave — named for Finance Minister Valentin Pavlov, who had already destabilized public confidence in January 1991 by abruptly withdrawing 50- and 100-rouble notes from circulation with just three days' notice, in a failed bid to drain black-market liquidity.

The print run of just over twelve million is modest relative to other denominations in the series. By the time these entered circulation, the rouble's purchasing power was collapsing rapidly, and the note's face value was effectively obsolete within months of issue.

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