The problem of methodology of interpretation of cultural heritage assumes special importance. Throughout several centuries, the leading method in interpretation of semiotic system has been and remains to be the hermeneutic method, which initially emerged as a pattern for interpretation of sacred texts. The interpretation of cultural values and material cultural heritage is one of the most widespread types of their development and creative comprehension. From the perspective of perception and interpretation of language, which is general sense represents any system of symbols, the key scientific vector of which is the philosophical hermeneutics. The very concept of hermeneutics is usually interpreted as the art and theory of textual interpretation. Thus in the wide sense, it emerged along with speech and writing system. Hermeneutics contributed to creation of methodology of interpretation; therefore, many of its provisions, principles, and forms of interpretation take into account the specificity of interpretation of cultural values. The historical experience demonstrates multiple examples of application of hermeneutic techniques for reaching understanding of different masses or unanimous understanding for groups of dissimilar people. Utilization of hermeneutic approaches can be observe when there comes a moment of potential disintegration of countries, territories or regions, the unification of which is advantageous. The author reviews the historical transformation of hermeneutic approach in studying cultural phenomena.