The Exchange (Birzhevoy) Bridge across Malaya Neva River was built as a 25-span wooden bridge to connect Vasilievsky Island and Petrogradskaya Side of the city. The first wooden bridge, built in 1894, was reconstructed into the five-span steel bridge only in 1956 by architects L.Noskov and P.Areshev. To complete the symmetrical ensemble of the Spit of Vasilievsky Island, five-span steel arched Exchange Bridge was constructed with almost the same length (239 meters) and width (27 meters), as the Palace Bridge.

The design for the decorations was mostly borrowed from the Palace Bridge also: straight bars supporting the bridge, columns, simple lanterns and richly decorated in nautical style railings repeat the design of the nearby Palace Bridge. Being built as the part of Spit's ensemble, nowadays the Exchange Bridge is one of the most important transport arteries for cars, trams and trolleybuses, connecting Vasilievsky Island and the Petrogradskaya Side of the city.