200 Roubles

The 1993 Russian ruble series emerged from one of the more chaotic monetary transitions of the twentieth century. Following the Soviet collapse, Russia inherited the USSR's ruble zone alongside a dozen newly independent states all issuing their own currency demands on a single monetary base. The resulting hyperinflation — which ran at over 800% annually in 1993 — meant denominations that would have been unthinkable a few years earlier became workaday transaction notes almost immediately.

Print run of just over twelve million is low for a ruble note of this period. Many were rendered obsolete quickly as inflation pushed demand toward the higher denominations then entering circulation.