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The 1961 monetary reform was the last time during the Soviet era in which ruble was redenominated. The next (and most recent) redenomination of the Russian ruble , at a ratio of 1000 to 1, took place on 1 January 1998 – eight years after the dissolution of the Soviet Union.
Reverse of the 1-ruble note of the 1961 series, with the value in all the official languages of the Union Republics. The Soviet currency had its own name in all the languages of the Soviet Union, often different from its Russian designation. All banknotes had the currency name and their nominal printed in the languages of every Soviet Republic.
Following the dissolution of the Soviet Union in 1991, the Soviet ruble remained the currency of the Russian Federation until 1992. A new set of coins was issued in 1992 and a new set of banknotes was issued in the name of Bank of Russia in 1993. The currency replaced the Soviet ruble at par and was assigned the ISO 4217 code RUR and number 810.
It is usually the smallest denomination within a currency system; 100 kopeks are worth 1 ruble or 1 hryvnia. Originally, the kopeck was the currency unit of Imperial Russia, the Russian Soviet Federative Socialist Republic and then the Soviet Union (as the Soviet ruble). As of 2020, it is the currency unit of Russia, Belarus and Ukraine.
5,000 Russian rubles of the 2023 series, the highest available nominal in circulation 500 Belarusian rubles of the 2009 series, the highest available nominal in circulation. The ruble or rouble (/ ˈ r uː b əl /; Russian: рубль, IPA:) is the currency unit of Russia and Belarus.
Russia's 1993 currency reform was intended to tame inflation and exchange the banknotes remaining in circulation from 1961 to 1992 for banknotes of a new design. The reform was confiscatory, as there were a number of restrictions on the exchange of banknotes.
During a New York real estate conference in 2008, President Donald Trump's eldest son admitted that a lot of the family's assets come from Russia.
The Russian five-ruble banknote was introduced in 1998 (replacing the old 5000 ruble note) and then discontinued in 2001 because of inflation. Until 2023, five-ruble notes were very hard to find in general circulation. The most prominent color of the note is light-green in the background.