With the formation of the Russian Federation (December 26, 1991) in 1993, a monetary reform was carried out, but before that, so-called tickets, which were still in the USSR, were in circulation. Banknotes of the 1992 model were issued on behalf of the USSR, but already by the Bank of Russia. Tickets with denominations of 5,000 and 10,000 thousand rubles were in circulation until 1993. The monetary reform of 1993 stopped the production of Soviet rubles.
In 1995, rubles were exchanged and replaced with banknotes with a new design; banknotes in denominations of 1, 5, 10, 50 and 100,000 rubles came into circulation. The first banknote was issued with a denomination of 100,000.
Since 1998, a new series of banknotes in denominations of 5,10, 50, 100 and 500 rubles (from 2001 - 100 rubles, from 2006 - 5,000 rubles) have been introduced, although they were almost no different from the 1995 sample.
Since 2001, banknotes of the same denomination have been issued, but with a certain difference: green luminescence to determine the denomination, for people with poor vision, the oriented inscription “Modification 2001”
In 2004, banknotes of the 1997 model "Modifications of 2004" were issued. with differences in design and a field with moire stripes appeared on the front side.
In 2010, 1000 rubles of the 1997 model were issued, but “modifications of 2010”. There are also differences in design.
In 2017, the Bank of Russia introduced new banknotes in denominations of 200 and 2000 thousand rubles.