Redesigned Ruble Banknote to Enter Circulation in 2022: Central Bank

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The redesigned 100-ruble note will be created in 2022, but a substantial volume of it will not enter circulation until the end of the year, according to Mikhail Alekseev, Deputy Chairman of the Central Bank.

“It will take many months for credit institutions to set up their counting and sorting equipment, self-service devices, or, to put it another way, ATMs, for this new currency. As a result, we’ll keep them on hand, but we’ll first provide them to credit institutions to test the equipment,” Alekseev told Izvestia, as reported by Kommersant.

The Central Bank predicts that new banknotes will reach saturation in 2023–2025 and that their proportion will grow significantly in 2026–2029. Existing and updated banknotes will both be in circulation at the same time.

The Central Bank stated in the spring that banknotes in the denominations of 10, 50, 100, 500, 1000, and 5000 rubles will be modernized. Objects found in the capitals of federal districts will be shown on the front side, while the views of these districts will be depicted on the back.

The landmarks of Moscow will be shown on the front side of the one-hundred-ruble note, including Red Square, Zaryadye, Shukhov Tower, and the main building of Moscow State University.