500 000 Roubles Banque Nationale de Géorgie

By the time this note was issued in 1922, Georgia had already been absorbed into Soviet Russia following the Red Army invasion of February 1921. The "Banque Nationale de Géorgie" name is something of a ghost — the institution printing these notes was operating under Soviet oversight, not as an expression of Menshevik independence. The half-million rouble face value reflects galloping inflation that had made smaller denominations functionally useless within months of issue.

Printed locally in Tiflis rather than through Moscow's facilities, the note belongs to a transitional series produced while Georgia's monetary system was being folded into the nascent Soviet ruble framework before Transcaucasian Federation currency replaced it entirely in 1923.