With a large-scale renewal of the banknote series, the Central Bank plans to introduce a number of innovations. For example, the banknote numbering system will be changed. Deputy Chairman of the Central Bank Mikhail Alekseev spoke about this in an interview with Izvestia.
According to him, the serial number in the banknotes of the new modification will be unique, not repeated in banknotes of other denominations.
“Now you can find the same number on banknotes of different denominations and modifications. To identify a particular banknote, it is necessary to indicate not only this number, but also the denomination. After modernization of the banknote row, the banknote can be identified by only one number, which will greatly simplify many accounting and other operations, ”he explained.
According to Mikhail Alekseev, the new numbering system will make it possible to use codes with error detection. According to the Central Bank’s estimates, this will reduce the number of errors when machines read series and numbers by up to ten times.
“Also in all denominations there will be a single machine-readable font, which will improve the quality of processing banknotes by technology,” – said the deputy chairman of the Central Bank.
At the end of March, the Central Bank announced a large-scale update of paper money. By 2025, it is planned to modernize the banknote line, improving the protection and design and presenting the attractions of the federal districts on the banknotes. It is expected that next year, upgraded banknotes with a denomination of 100 rubles will go into circulation, in 2023 – 1000 and 5000 rubles, in 2024 – 500 rubles, and in 2025 – 10 and 50 rubles.
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