Inventing the Future

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Symbols for the new 1000-rouble banknote were discussed at the National Centre RUSSIA

Symbols for the new 1000-rouble banknote were discussed at the National Centre RUSSIA
Photo: Press Office of the National Centre RUSSIA
28.11.2024

On November 28, an open meeting of the Consultative Council on Banknotes of the Bank of Russia took place at the National Centre RUSSIA. Symbols for the reverse side of the new 1000-rouble banknote, dedicated to the Volga Federal District, were discussed.

"The National Centre RUSSIA is a platform for dialogue, a space for shaping the vision of our country’s future. The President has repeatedly emphasized that the focus of any decision-making is on people. The experience of the RUSSIA EXPO has shown that it is extremely important for people that significant events and decisions in the country are discussed and made collectively. Today, together with the Bank of Russia, we are launching an important discussion, and starting tomorrow, it will be possible to vote online for the preferred banknote design," said Natalia Virtuozova, Director General of the National Centre RUSSIA. 

Photo: Press Office of the National Centre RUSSIA

The modernization of banknotes is a planned activity carried out by the regulator to make money more modern, improve its quality, and enhance its security. According to the Bank of Russia's new concept, each updated banknote from 10 to 5000 roubles is dedicated to one of Russia's federal districts.

The Consultative Council on Banknotes was established to provide a comprehensive expert assessment of landmarks that may be featured on the banknotes, considering their cultural and historical value, recognizability, and popularity.

"Banknotes are not only a means of payment but also the country’s calling card, reflecting its cultural code. They are always a part of an era, and it is very important for us to hear the opinions of people who value and preserve Russian culture and are highly respected and recognized. I am glad that we managed to bring together professionals from very different fields, as we need a broad, comprehensive perspective," said Elvira Nabiullina, Chair of the Bank of Russia. 

Photo: Press Office of the National Centre RUSSIA

The updated 1000-rouble banknote was initially presented in 2023. However, later, to accommodate diverse opinions, the Bank of Russia decided to make the selection process for the symbols as open as possible. "We made a rather difficult decision — to take a step back and redesign the reverse side from scratch. Moreover, we decided to return to online voting as the key stage of symbol selection," explained Elvira Nabiullina.

The Consultative Council included Alexei Levykin, Director General of the State Historical Museum; Vitaly Stavitsky, President of the Russian Designers Union and member of the Public Council of the Ministry of Culture of the Russian Federation; photographer Vladimir Klavikho-Telepnyov; Arseny Meshcheryakov, Head of the HSE University School of Design; Yelizaveta Likhacheva, Director of the Pushkin State Museum of Fine Arts; Mikhail Piotrovsky, Director General of the State Hermitage Museum, and other experts.

During the meeting, various approaches were presented, and experts shared their arguments for the selection of landmarks. In choosing specific images, the council members considered not only the importance of each symbol but also how the images on the front and reverse sides would interact with each other. 

Photo: Press Office of the National Centre RUSSIA

Out of forty landmarks, theatres, universities, bridges, and other significant sites not only for the Volga regions but for the entire country, twenty-five objects were selected based on the recommendations of regional expert groups and preliminary assessments by the Consultative Council members. These will be put to public voting. Votes can only be cast for the symbols on the reverse side of the future banknote, while its front side, featuring views of Nizhny Novgorod, will remain unchanged.

The online public vote, supported by the National Centre RUSSIA, will begin on November 29 and continue until December 12. The new design of the reverse side of the 1000-rouble banknote is planned to be unveiled in the second half of 2025.

The National Centre RUSSIA was established by order of the President of the Russian Federation, Vladimir Putin, to preserve the legacy of the International RUSSIA EXPO and to showcase the achievements of the country and its citizens on a permanent basis. Federal government agencies, state companies, corporations, and regions take part in the Centre’s work.

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