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500 Roubles

Issuer National Bank of the Republic of Belarus
Year 2016
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Value 500 Roubles
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Obverse description The central vignette presents the National Library of the Republic of Belarus in Minsk, rendered in fine intaglio line work. The denomination numeral '500' appears at left, with the value repeated in full Belarusian script below against a multicolour guilloche underprint.
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Protection description the National Bank of Belarus emblem visible when held to light; embedded security thread with microtext
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Belarus redenominated its currency on 1 July 2016, replacing the old ruble at a rate of 10,000 to 1 — a conversion that wiped four zeros off every price tag and effectively acknowledged two decades of accumulated inflation following independence. This note belongs to that redenominated series, the first genuinely stable-feeling currency the country had issued since the Soviet collapse, though its exchange rate remained tightly managed by the Lukashenko government throughout.

Thomas De La Rue's involvement reflects a pattern common among post-Soviet states that lacked domestic high-security printing infrastructure capable of meeting modern standards. The security specification here is relatively modest for a high-denomination note.