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Russia Opens Public Vote on 500-Ruble Symbols as Central Bank Advances New Banknote Designs

The central bank is using a nationwide vote to select regional symbols, signaling a design process shaped by public input.

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Overview

  • The all-Russia online ballot for the new 500‑ruble note is live on the Bank of Russia website through 12:00 MSK on October 14, with one selection allowed per participant.
  • Voters can pick from six Pyatigorsk motifs for the front—Academic (Elizabeth) Gallery, Aeolian Harp pavilion, Mount Beshtau, Mount Mashuk, Lermontov Gallery, or the eagle sculpture—and from 16 North Caucasus options for the back.
  • The shortlist was compiled by regional experts ahead of the vote, reflecting the push to feature recognizable local landmarks.
  • The central bank plans to present the redesigned 500‑ruble banknote in the second half of 2026, according to Deputy Governor Sergei Belov.
  • Separately, the board approved the conceptual design for the updated 1,000‑ruble note, with Bank of Russia and Goznak artists drafting sketches and preparing a presentation following a 2023 pause that led to public consultation.