Russian ruble - wikipedia Russian ruble Russian ruble Российский рубль ( Russian ) 2,000 ₽ and 200 ₽ banknotes as of 2017 Coins ISO 4217 Code RUB Number 643 Exponent Denominations Subunit ​ ⁄ kopeyka ( копейка ) Plural The language ( s ) of this currency belong ( s ) to the Slavic languages. There is more than one way to construct plural forms. Symbol ₽, руб / р. ( colloquially ) kopeyka ( копейка ) коп. / к. Banknotes Freq. used 50 ₽, 100 ₽, 200 ₽, 500 ₽, 1,000 ₽, 2,000 ₽, 5,000 ₽ Rarely used 5 ₽, 10 ₽ Coins Freq. used 1 ₽, 2 ₽, 5 ₽, 10 ₽ Rarely used 1 коп., 5 коп., 10 коп., 50 коп. Demographics Official user ( s ) Russia Unofficial user ( s ) Partially recognized republics Abkhazia South Ossetia Unrecognized republics Donetsk People 's Republic Luhansk People 's Republic Issuance Central bank Bank of Russia Website www.cbr.ru Printer Goznak Website www.goznak.ru Mint Moscow Mint and Saint Petersburg Mint Valuation Inflation 3.4 %, September 2018 Source Bank of Russia Method CPI The Russian ruble or rouble ( Russian : рубль rublʹ, plural : рубли́ rubli ; sign : ₽, руб ; code : RUB ) is the currency of the Russian Federation, the two partially recognized republics of Abkhazia and South Ossetia and the two unrecognized republics of Donetsk and Luhansk. The ruble is subdivided into 100 kopeks ( sometimes written as kopecks or copecks ; Russian : копе́йка kopeyka, plural : копе́йки kopeyki ). The ruble was the currency of the Russian Empire and of the Soviet Union ( as the Soviet ruble ). Today, apart from Russia, Belarus and Transnistria use currencies with the same name. The ruble was the world 's first decimal currency : it was decimalised in 1704 when the ruble became equal to 100 kopeks. In 1992 the Soviet ruble ( code : SUR ) was replaced with the Russian ruble ( code : RUR ) at the rate 1 SUR = 1 RUR. In 1998 preceding the financial crisis, the Russian ruble was redenominated with the new code `` RUB '' and was exchanged at the rate of 1 RUB = 1,000 RUR. Contents 1 History 2 First ruble -- RUR ( 1992 -- 1998 ) 2.1 Coins 2.2 Banknotes 3 Second ruble -- RUB ( 1998 -- present ) 3.1 Ruble symbol 3.2 Coins 3.3 Banknotes 3.3. 1 Printing 3.3. 2 100 - ruble bill controversy 3.3. 3 Crimea controversy 3.4 Commemorative banknotes 4 Economics 4.1 International trade 4.2 Exchange rates 4.3 Exchange rates 5 Trivia 6 References 7 External links History Main article : Ruble The ruble is the oldest national currency after the Pound sterling, and the world 's first decimal currency. The ruble has been used in the Russian territories since the 13th century. The modern Russian ruble was created in December 1991 and used in parallel with the Soviet ruble, which remained in circulation until September 1993. All Soviet coins issued in 1961 -- 1991, respectively, as well as 1 -, 2 - and 3 - kopek coins, issued before 1961, formally remained legal tender until 31 December 1998, and in 1999 -- 2001 they were exchanged for Russian ruble in the ratio of 1000 : 1. First ruble -- RUR ( 1992 -- 1998 ) Further information : Soviet ruble and Monetary reform in Russia, 1993 Following the breakup of the Soviet Union in 1991, the Soviet ruble remained the currency of the Russian Federation until 1992. A new set of coins was issued in 1992 and a new set of banknotes was issued in the name of Bank of Russia in 1993. The `` Russian ruble '' with the ISO 4217 code RUR and number 810 replaced the Soviet ruble at the rate 1 SUR = 1 RUR. Coins After the fall of the Soviet Union, the Russian Federation introduced new coins in 1992 in denominations of 1, 5, 10, 20, 50 and 100 rubles. The coins depict the double - headed eagle without a crown, sceptre and globus cruciger above the legend `` Банк России '' ( `` Bank of Russia '' ). It is exactly the same eagle that the artist Ivan Bilibin painted after the February Revolution as the coat of arms for the Russian Republic. The 1 - and 5 - ruble coins were minted in brass - clad steel, the 10 - and 20 - ruble coins in cupro - nickel, and the 50 - and 100 - ruble coins were bimetallic ( aluminium - bronze and cupro - nickel - zinc ). In 1993, aluminium - bronze 50 - ruble coins and cupro - nickel - zinc 100 - ruble coins were issued, and the material of 10 - and 20 - ruble coins was changed to nickel - plated steel. In 1995 the material of 50 - ruble coins was changed to brass - plated steel, but the coins were minted with the old date 1993. As high inflation persisted, the lowest denominations disappeared from circulation and the other denominations became rarely used. During this period the commemorative one - ruble coin was regularly issued. It is practically identical in size and weight to a 5 - Swiss franc coin ( worth approx. € 4.39 / US $5.09 as of August 2018 ). For this reason, there have been several instances of ( now worthless ) ruble coins being used on a large scale to defraud automated vending machines in Switzerland. Banknotes In 1961, new State Treasury notes were introduced for 1, 3 and 5 rubles, along with new State Bank notes worth 10, 25, 50 and 100 rubles. In 1991, the State Bank took over production of 1 -, 3 - and 5 - ruble notes and also introduced 200 -, 500 - and 1,000 - ruble notes, although the 25 - ruble note was no longer issued. In 1992, a final issue of notes was made bearing the name of the USSR before the Russian Federation introduced 5,000 - and 10,000 - ruble notes. These were followed by 50,000 - ruble notes in 1993, 100,000 rubles in 1995 and, finally, 500,000 rubles in 1997 ( dated 1995 ). Since the breakup of the Soviet Union in 1991, Russian ruble banknotes and coins have been notable for their lack of portraits, which traditionally were included under both the Tsarist and Communist regimes. With the issue of the 500 - ruble note depicting a statue of Peter I and then the 1,000 - ruble note depicting a statue of Yaroslav, the lack of recognizable faces on the currency has been partially alleviated. SUR and RUR series banknotes Series Value Obverse Reverse Issuer Languages 1961 1, 3, 5, 10, 25, 50, 100 rubles Vladimir Lenin or views of the Moscow Kremlin Value, and views of the Moscow Kremlin for 50 rubles or higher USSR multiple 1991 1, 3, 5, 10, 50, 100, 200, 500, 1,000 rubles Russian 50, 200, 500, 1,000, 5,000, 10,000 rubles USSR for 1,000 rubles and lower Bank of Russia for 5,000 and 10,000 rubles Russian 1993 100, 200, 500, 1,000, 5,000, 10,000, 50,000 rubles Moscow Kremlin with the tri-color Russian flag Bank of Russia 1995 1,000, 5,000, 10,000, 50,000, 100,000, 500,000 rubles Same design as today 's banknotes, where 1 new ruble = 1,000 old rubles. The 1,000 ruble note did not continue as a 1 new ruble note. Second ruble -- RUB ( 1998 -- present ) See also : Monetary reform in Russia, 1998 Worldwide official use of foreign currency or pegs. The ruble is used in Russia and the partially recognized states of Abkhazia, South Ossetia, Donetsk People 's Republic, and Lugansk People 's Republic. Russian ruble users, including the Russian Federation US dollar users, including the United States Currencies pegged to the US dollar Euro users, including the Eurozone Currencies pegged to the euro Australian dollar users, including Australia New Zealand dollar users, including New Zealand South African rand users ( CMA, including South Africa ) Indian rupee users and pegs, including India Pound sterling users and pegs, including the United Kingdom Special drawing rights or other currency basket pegs Three cases of a country using or pegging the currency of a neighbour In 1998, following the financial crisis, the Russian ruble was redenominated with the new ISO 4217 code `` RUB '' and number 643, and was exchanged at the rate of 1 RUB = 1,000 RUR. The redenomination was an administrative step that reduced the unwieldiness of the old ruble but occurred on the brink of the 1998 Russian financial crisis. The ruble lost 70 % of its value against the US dollar in the six months following this financial crisis. Ruble symbol Main article : Ruble sign Not to be confused with the Armenian letter ք. The `` ruble '' symbol used throughout the 17th century, composed of the Russian letters `` Р '' and `` У ''. The eventual winning Ruble sign design. A currency symbol was used for the ruble between the 16th century and the 18th century. The symbol consisted of the Russian letters `` Р '' ( rotated 90 ° counter-clockwise ) and `` У '' ( written on top of it ). The symbol was placed over the amount number it belonged to. This symbol, however, fell into disuse by the mid-19th century. No official symbol was used during the final years of the Empire, nor was one introduced in the Soviet Union. The characters R and руб. were used and remain in use today, though they are not official. In July 2007, the Central Bank of Russia announced that it would decide on a symbol for the ruble and would test 13 symbols. This included the symbol РР ( the initials of Российский Рубль `` Russian ruble '' ), which received preliminary approval from the Central Bank. However, one more symbol, a Р with a horizontal stroke below the top similar to the Philippine peso sign, was proposed unofficially. Proponents of the new sign claimed that it is simple, recognizable and similar to other currency signs. This symbol is also similar to the Armenian letter ք or the Latin letter Ꝑ. On 11 December 2013, the official symbol for the ruble became, an Cyrillic letter Er with a single added horizontal stroke, though the abbreviation `` руб. '' is in wide use. In Unicode version 7.0 it was assigned the encoding U + 20BD ₽ RUBLE SIGN ( HTML & # 8381 ; ). On 4 February 2014, the Unicode Technical Committee during its 138th meeting in San Jose accepted U + 20BD ₽ RUBLE SIGN symbol for Unicode version 7.0 ; the symbol was then included into Unicode 7.0 released on 16 June 2014. In August 2014, Microsoft issued updates for all of its mainstream versions of Microsoft Windows that enabled support for the new ruble sign. Coins In 1998, the following coins were introduced in connection with the ruble revaluation : Currently circulating coins Image Value Technical parameters Description Years of minting Reverse Obverse Diameter Mass Composition Edge Obverse Reverse 1 коп. 15.5 mm 1.5 g Cupronickel - steel Plain Saint George Value 1997 -- 2009 2014 5 коп. 18.5 mm 2.6 g 1997 -- 1998 2000 - 2009 2014 10 коп. 17.5 mm 1.95 g Brass Reeded Saint George Value 1997 -- 2006 1.85 g Brass - plated steel Plain 2006 -- 2014 50 коп. 19.5 mm 2.90 g Brass Reeded 1997 -- 1999 2002 -- 2006 2.75 g Brass - plated steel Plain 2006 -- 2014 1 ₽ 20.5 mm 3.25 g Cupronickel Reeded Emblem of the Bank of Russia Value 1997 -- 1999 2005 -- 2009 3.00 g Nickel - plated steel 2009 -- 2015 Coat of arms of Russia 2016 2 ₽ 23 mm 5.10 g Cupronickel Segmented ( Plain and Reeded edges ) Emblem of the Bank of Russia 1997 -- 1999 2006 -- 2009 5.00 g Nickel - plated steel 2009 -- 2015 Coat of arms of Russia 2016 5 ₽ 25 mm 6.45 g Cupronickel - clad copper Emblem of the Bank of Russia 1997 -- 1998 2008 -- 2009 6.00 g Nickel - plated steel 2009 -- 2015 Coat of arms of Russia 2016 10 ₽ 22 mm 5.63 g Brass - plated steel Segmented ( plain and reeded edges ) Emblem of the Bank of Russia Value 2009 -- 2015 Coat of arms of Russia 2016 One - and 5 - kopek coins are rarely used ( especially the 1 - kopek coin ) due to their low value and in some cases may not be accepted by stores or individuals. In some cases, the 10 - kopek coin is disregarded ( refused by individuals but is accepted by vendors and is mandatory for offer in exchange ). These coins began being issued in 1998, although some of them bear the year 1997. Kopek denominations all depict St George and the Dragon, and all ruble denominations ( with the exception of commemorative pieces ) depict the double headed eagle. Mint marks are denoted by `` Л '' or `` M '' on kopeks and the logo of either the Leningrad or Moscow mint on rubles. Since 2000, many bimetallic 10 - ruble circulating commemorative coins have been issued. These coins have a unique holographic security feature inside the `` 0 '' of the denomination 10. In 2008, it was proposed by the Bank of Russia to withdraw 1 - and 5 - kopek coins from circulation and subsequently round all prices to multiples of 10 kopeks, although the proposal has not been realized yet ( though characteristic `` x. 99 '' prices are treated as rounded in exchange ). The material of 1 -, 2 - and 5 - ruble coins was switched from copper - nickel - zinc and copper - nickel clad to nickel - plated steel in the second quarter of 2009. Ten and 50 kopeks were also changed from aluminum - bronze to brass - steel clad. In October 2009, a new 10 - ruble coin made of brass - plated steel was issued, featuring optical security features. The 10 - ruble banknote would have been withdrawn in 2012, but a shortage of 10 - ruble coins prompted the Central Bank to delay this and put new ones in circulation. Bimetallic commemorative 10 - ruble coins will continue to be issued. A series of circulating Olympic commemorative 25 - ruble coins started in 2011. The new coins are made of cupronickel. A number of commemorative smaller denominations of these coins exist in circulation as well, depicting national historic events and anniversaries. The Bank of Russia issues other commemorative non-circulating coins ranging from 1 to 50,000 rubles. Banknotes On 1 January 1998 a new series of banknotes dated 1997 was released in denominations of 5 ₽, 10 ₽, 50 ₽, 100 ₽ and 500 ₽. The 1,000 ₽ banknote was first issued on 1 January 2001 and the 5,000 ₽ banknote was first issued on 31 July 2006. Modifications to the series were made in 2001, 2004, and 2010. In April 2016, the Central Bank of Russia announced that it will introduce two new banknotes -- 200 ₽ and 2,000 ₽ -- in 2017. In September 2016, a vote was held to decide which symbols and cities will be displayed on the new notes. In February 2017, the Central Bank of Russia announced the new symbols, the 200 ₽ banknote will feature the symbols of Sevastopol and the Monument to the Sunken Ships and the view of Chersonesus, and the 2,000 ₽ banknote will bear images of famous Far Eastern sites and the bridge to Russky Island and the Vostochny Cosmodrome in the Amur Oblast. In 2018 the Central Bank issued a 100 - ruble `` commemorative '' banknote designed to recognize Russia 's role as the host of the 2018 World Cup soccer tournament. The banknote is printed on a polymer substrate, and has several transparent portions as well as a hologram. Despite the note being intended for legal tender transactions, the Central Bank has simultaneously refused to allow its own Automated Teller Machines ( ATMs ) to recognize or accept it. 1997 series Image Value Dimensions Description Date of Obverse Reverse Obverse Reverse Watermark printing * issue withdrawal lapse 5 ₽ 137 × 61 mm The Millennium of Russia monument on background of Saint Sophia Cathedral in Veliky Novgorod Fortress wall of the Novgorod Kremlin `` 5 '', Saint Sophia Cathedral in Novgorod 1997 1 January 1998 Current, but not issued since 2001. Very rarely seen in circulation. 10 ₽ 150 × 65 mm Kommunalny Bridge across the Yenisei River in Krasnoyarsk and Paraskeva Pyatnitsa Chapel Krasnoyarsk hydroelectric plant `` 10 '', Paraskeva Pyatnitsa Chapel 1997 2001 Current, but not issued since January 2010. Still in use, but rarely seen in circulation. 50 ₽ A Rostral Column sculpture on background of Petropavlosk Fortress in Saint Petersburg Old Saint Petersburg Stock Exchange and Rostral Columns `` 50 '', Peter and Paul Cathedral Current 100 ₽ Quadriga on the portico of the Bolshoi Theatre in Moscow The Bolshoi Theatre `` 100 '', The Bolshoi Theatre 500 ₽ Monument to Peter the Great, sailing ship and sea terminal in Arkhangelsk Solovetsky Monastery `` 500 '', Monument to Peter the Great 1997 2001 1 January 1998 1,000 ₽ 157 × 69 mm Monument to Yaroslav I the Wise and the Lady of Kazan Chapel in Yaroslavl John the Baptist Church in Yaroslavl `` 1,000 '', Monument to Yaroslav I the Wise 1997 1 January 2001 5,000 ₽ Monument to Nikolay Muravyov - Amursky in Khabarovsk Khabarovsk Bridge over the Amur `` 5,000 '', Head of the monument to Muravyov - Amursky 1997 31 July 2006 These images are to scale at 0.7 pixel per millimeter. For table standards, see the banknote specification table. Each new banknote series has enhanced security features, but no major design changes. Banknotes printed after 1997 bear the fine print `` модификация 2001г. '' ( or later date ) meaning `` modification of year 2001 '' on the left watermark area. 2017 series Image Value Dimensions Description Date of Obverse Reverse Obverse Reverse Watermark printing issue withdrawal lapse 200 ₽ 150 × 65 mm View of Sevastopol and the Monument to the Sunken Ships ( by sculptor Amandus Adamson ) View of Chersonesus Monument to the Sunken Ships and electrotype `` 200 '' 2017 12 October 2017 Current 2,000 ₽ 157 × 69 mm Russky Bridge Vostochny Cosmodrome Russky Bridge and electrotype `` 2000 '' 2017 12 October 2017 Printing QR codes from 200 ₽ and 2,000 ₽ banknotes All Russian ruble banknotes are currently printed at the state - owned factory Goznak in Moscow, which was founded on 6 June 1919 and operated ever since. Coins are minted in Moscow and at the Saint Petersburg Mint, which has been operating since 1724. 100 - ruble bill controversy On 8 July 2014 State Duma deputy and Vice-Chairman of the Duma Regional Political Committee Roman Khudyakov alleged that the image of Apollo driving Quadriga on the portico of the Bolshoi Theatre in Moscow on the 100 - ruble banknote constitutes pornography that should only be available to persons over the age of 18. Since it is impractical to limit the access of minors to banknotes, he requested in his letter to the Governor of the Bank of Russia Elvira Nabiullina to immediately change the design of the banknote. Khudyakov, a member of parliament for the LDPR party stated, `` You can clearly see that Apollo is naked, you can see his genitalia. I submitted a parliamentary request and forwarded it directly to the head of the central bank asking for the banknote to be brought into line with the law protecting children and to remove this Apollo. '' Khudyakov 's efforts did not lead to any changes being made to the design. Crimea controversy On 13 October 2017, the National Bank of Ukraine issued a decree forbidding the country 's banks, other financial institutions and Ukraine 's state postal service to circulate Russian banknotes, which use images of Crimea, a territory that is regarded as Russian - occupied by Ukraine and the vast majority of UN member states. The NBU stated that the ban applies to all financial operations, including cash transactions, currency exchange activities and interbank trade. Crimea is featured on three banknotes that are currently in circulation -- the 100 ruble commemorative notes issued in 2015 and 2018, as well as the 200 ruble note issued in 2017. Commemorative banknotes Commemorative banknote series Image Value Dimensions Description Date of Obverse Reverse Obverse Reverse Watermark printing * issue withdrawal lapse 100 ₽ 150 × 65 mm A snowboarder and some of the Olympic venues of the Sochi coastal cluster. Fisht Olympic Stadium in Sochi. 2014 Winter Olympics logo 2014 30 October 2013 Current 100 ₽ 150 × 65 mm Monument to Sunken Ships in Sevastopol bay and a fragment of a painting by Ivan Aivazovsky. Swallow 's Nest castle, Yevpatoria RT - 70 radio telescope, and a green stripe containing a QR code linking to the Bank of Russia webpage containing historical information relating to the commemorative banknote. Portrait of Empress Catherine the Great 2015 23 December 2015 100 ₽ 150 × 65 mm A boy with a ball under his arm looking up as Lev Yashin saves a ball. A stylized image of the globe in the form of a football with a green image of the Russia 's territory ( including Crimea ) outlined on it, as well as the name of the 2018 FIFA World Cup host cities. The number 2018 2018 22 May 2018 On 30 October 2013, a special banknote in honour of the 2014 Winter Olympics held in Sochi was issued. The banknote is printed on high - quality white cotton paper. A transparent polymer security stripe is embedded into the paper to make a transparent window incorporating an optically variable element in the form of a snowflake. The highlight watermark is visible in the upper part of the banknote. Ornamental designs run vertically along the banknote. The front of the note features a snowboarder and some of the Olympic venues of the Sochi coastal cluster. The back of the note features the Fisht Olympic Stadium in Sochi. The predominant colour of the note is blue. On 23 December 2015, another commemorative 100 - ruble banknote was issued to celebrate the `` reunification of Crimea and Russia ''. The banknote is printed on light - yellow - coloured cotton paper. One side of the note is devoted to Sevastopol, the other one -- to Crimea. А wide security thread is embedded into the paper. It comes out on the surface on the Sevastopol side of the banknote in the figure - shaped window. A multitone combined watermark is located on the unprinted area in the upper part of the banknote. Ornamental designs run vertically along the banknote. The Sevastopol side of the note features the Monument to Sunken Ships in Sevastopol bay and a fragment of the painting `` Russian Squadron on the Roads of Sevastopol '' by Ivan Aivazovsky. The Crimea side of the note features the Swallow 's Nest, a decorative castle and local landmark. In the lower part of the Sevastopol side of the banknote in the green stripe there is a QR - code containing a link to the Bank of Russia 's webpage, which lists historical information related to the banknote. The predominant colour of the note is olive green. On 22 May 2018, a special banknote to celebrate the 2018 FIFA World Cup was issued. The banknote is printed on polymer. The top part of the note bears a transparent window that contains a holographic element. The design of the note is vertically oriented. The main images of the obverse are a boy with a ball under his arm and a goalkeeper diving for a ball. The main image of the reverse is a stylized image of the globe in the form of a football with green image of the Russian territory outlined on it. On the reverse there is the number 2018 that marks both the issue of the banknote and the World Cup, as well as the name of the host cities in the Russian language. The bottom right corner of the obverse bears a QR - code, which contains a link to the page of the Bank of Russia website with the description of the note 's security features. Predominant colours of the note are blue and green. Economics Most traded currencies by value Currency distribution of global foreign exchange market turnover Rank Currency ISO 4217 code ( symbol ) % daily share ( April 2016 ) United States dollar USD ( US $ ) 87.6 % Euro EUR ( € ) 31.4 % Japanese yen JPY ( ¥ ) 21.6 % Pound sterling GBP ( £ ) 12.8 % 5 Australian dollar AUD ( A $ ) 6.9 % 6 Canadian dollar CAD ( C $ ) 5.1 % 7 Swiss franc CHF ( Fr ) 4.8 % 8 Renminbi CNY ( 元 ) 4.0 % 9 Swedish krona SEK ( kr ) 2.2 % 10 New Zealand dollar NZD ( NZ $ ) 2.1 % 11 Mexican peso MXN ( $ ) 1.9 % 12 Singapore dollar SGD ( S $ ) 1.8 % 13 Hong Kong dollar HKD ( HK $ ) 1.7 % 14 Norwegian krone NOK ( kr ) 1.7 % 15 South Korean won KRW ( ₩ ) 1.7 % 16 Turkish lira TRY ( ₺ ) 1.4 % 17 Russian ruble RUB ( ₽ ) 1.1 % 18 Indian rupee INR ( ₹ ) 1.1 % 19 Brazilian real BRL ( R $ ) 1.0 % 20 South African rand ZAR ( R ) 1.0 % Other 7.1 % Total 200.0 % The use of other currencies for transactions between Russian residents is punishable, with a few exceptions, with a fine of 75 % to 100 % of the value of the transaction. International trade On 23 November 2010, at a meeting of Russian President Vladimir Putin and Chinese Premier Wen Jiabao, it was announced that Russia and China had decided to use their own national currencies for bilateral trade, instead of the US dollar. The move is aimed to further improve relations between Beijing and Moscow and to protect their domestic economies during the Great Recession. The trading of the Chinese yuan against the ruble has started in the Chinese interbank market, while the yuan 's trading against the ruble was set to start on the Russian foreign exchange market in December 2010. In January 2014, President Putin said there should be a sound balance on the ruble exchange rate ; that the Central Bank only regulated the national currency exchange rate when it went beyond the upper or lower limits of the floating exchange rate ; and that the freer the Russian national currency is, the better it is, adding that this would make the economy react more effectively and timely to processes taking place in it. Exchange rates Russian ruble per US dollar between 2014 - 2017 Russian ruble per Euro from 2005 The financial crisis in Russia in 2014 -- 2016 was the result of the collapse of the Russian ruble beginning in the second half of 2014. A decline in confidence in the Russian economy caused investors to sell off their Russian assets, which led to a decline in the value of the Russian ruble and sparked fears of a Russian financial crisis. The lack of confidence in the Russian economy stemmed from at least two major sources. The first is the fall in the price of oil in 2014. Crude oil, a major export of Russia, declined in price by nearly 50 % between its yearly high in June 2014 and 16 December 2014. The second was the result of international economic sanctions imposed on Russia following Russia 's annexation of Crimea and the Russian military intervention in Ukraine. The crisis affected the Russian economy, both consumers and companies, and regional financial markets, as well as Putin 's ambitions regarding the Eurasian Economic Union. The Russian stock market in particular experienced large declines, with a 30 % drop in the RTS Index from the beginning of December through 16 December 2014. From July 2014 to February 2015 the ruble fell dramatically against the U.S. dollar. A 6.5 percentage point interest rate rise to 17 percent failed to prevent the currency hitting record lows in a `` perfect storm '' of low oil prices, looming recession and Western sanctions over the Ukraine crisis. Russian rubles per USD 1998 -- 2018 hide Year Lowest ↓ Highest ↑ Average Date Rate Date Rate Rate 1998 1 January 5.9600 29 December 20.9900 9.7945 1999 1 January 20.6500 29 December 27.0000 24.6489 2000 6 January 26.9000 23 February 28.8700 28.1287 2001 4 January 28.1600 18 December 30.3000 29.1753 2002 1 January 30.1372 7 December 31.8600 31.3608 2003 20 December 29.2450 9 January 31.8846 30.6719 30 December 27.7487 1 January 29.4545 28.8080 2005 18 March 27.4611 6 December 28.9978 27.1910 2006 6 December 26.1840 12 January 28.4834 27.1355 2007 24 November 24.2649 13 January 26.5770 25.5808 2008 16 July 23.1255 31 December 29.3804 24.8529 2009 13 November 28.6701 19 February 36.4267 31.7403 16 April 28.9310 8 June 31.7798 30.3679 2011 6 May 27.2625 5 October 32.6799 29.3823 2012 28 March 28.9468 5 June 34.0395 31.0661 2013 5 February 29.9251 5 September 33.4656 31.9063 2014 1 January 32.6587 18 December 67.7851 38.6025 2015 17 April 49.6749 31 December 72.8827 61.3400 2016 30 December 60.2730 22 January 83.5913 66.8336 2017 26 April 55.8453 4 August 60.7503 58.2982 2018 28 February 55.6717 12 September 69.9744 Source : USD exchange rates in RUB, Bank of Russia Exchange rates Current RUB exchange rates From Google Finance : AUD CAD CHF EUR GBP HKD JPY USD CNY INR From Yahoo ! Finance : AUD CAD CHF EUR GBP HKD JPY USD CNY INR From XE : AUD CAD CHF EUR GBP HKD JPY USD CNY INR From OANDA : AUD CAD CHF EUR GBP HKD JPY USD CNY INR From fxtop.com : AUD CAD CHF EUR GBP HKD JPY USD CNY INR Trivia In the countries of the former USSR there is an interesting tradition associated with the colour of money. Denominations of 10 almost always have a red tinge, and are called `` chervonets '' ( Russian : червонец ), which comes from the old Russian word `` chervony '' ( Russian : червоный ) meaning `` red ''. In the Russian Empire, the high - grade gold from which the coins were made was called `` red gold ''. Then the corresponding denominations worth 10 rubles began to be issued with a red tinge that were subject to exchange for gold. In the USSR ( which included almost all the regions of the former Russian Empire ) in the early 1920s, banknotes of one chervonets were also issued, which were provided with gold. 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The Moscow Times, 21 November 2012 Jump up ^ Забытый знак российского рубля ( in Russian ). RIA Novosti. Retrieved 6 May 2006. Jump up ^ `` В поисках утраченного рубля ''. 2000 - 03 - 08. Retrieved 2017 - 07 - 09. Jump up ^ `` Currencies of the World ''. The University of British Columbia Sauder School of Business. Retrieved 28 June 2007. Jump up ^ `` Russia ''. Lonely Planet. Retrieved 28 June 2007. Jump up ^ Valeria Korchagina ( 15 June 2006 ). `` ' R ' for Ruble Is Symbol of Pride ''. The Moscow Times. Retrieved 28 June 2007. ^ Jump up to : Peter Finn ( 28 June 2006 ). `` Russians Bet Ruble Will Rise To Status of Dollar, Euro, Yen ''. The Washington Post. Retrieved 28 June 2007. Jump up ^ `` О знаке рубля ''. 1 August 2007. Retrieved 11 April 2008. Jump up ^ `` Знак рубля. Попытка анализа ''. Imadesign.ru. Retrieved 14 May 2011. Jump up ^ `` Знак рубля ''. Fonts.ru. Retrieved 14 May 2011. Jump up ^ `` Экономика : Деньги : Банк России утвердил символ рубля ''. Lenta.ru. 25 November 2013. Retrieved 11 December 2013. Jump up ^ 11 December 2013, `` Russian ruble gets graphic symbol '', RT.com Jump up ^ The UTC just accepted the Russian ruble currency symbol Jump up ^ Proposal to add the currency sign for the Russian Ruble to the UCS ( PDF ), 11 February 2014, retrieved 16 June 2014 Jump up ^ `` UTC 138 Draft Minutes ''. The Unicode Consortium. 10 February 2014. Jump up ^ `` Announcing The Unicode Standard, Version 7.0 ''. The Unicode Consortium. 16 June 2014. Jump up ^ `` Update to support the new currency symbol for the Russian ruble in Windows ''. Microsoft. August 2014. Jump up ^ `` Coins, Bank of Russia ''. Cbr.ru. Retrieved 14 May 2011. Jump up ^ `` Монеты, Банк России ''. Cbr.ru. Retrieved 14 May 2011. Jump up ^ `` Монеты, Банк России ''. Cbr.ru. Retrieved 14 May 2011. Jump up ^ `` Монеты, Банк России ''. Cbr.ru. Retrieved 14 May 2011. Jump up ^ `` Монеты, Банк России ''. Cbr.ru. Retrieved 14 May 2011. Jump up ^ `` News article about new 10 - ruble coins being issued ''. Altapress.Ru. 22 September 2009. Retrieved 10 December 2012. Jump up ^ `` ЦБ возвращает в оборот 10 - рублевые банкноты ''. Rbc.Ru. 22 December 2011. Retrieved 6 January 2013. Jump up ^ `` Commemorative and Investment Coins database, Bank of Russia ''. Cbr.ru. 22 March 2011. Archived from the original on 19 May 2011. Retrieved 14 May 2011. Jump up ^ `` Russia to issue 200 - and 2,000 - ruble banknotes ''. 2016 - 04 - 12. Retrieved 2017 - 04 - 01. Jump up ^ `` Голосуем за дизайн новых банкнот 200 и 2000 рублей ''. www.tvoya-rossiya.ru. Retrieved 2016 - 08 - 24. Jump up ^ `` New 200 and 2000 ruble banknotes get their symbols ''. 2017 - 02 - 01. Retrieved 2017 - 04 - 01. Jump up ^ `` Bank of Russia presents commemorative polymer banknote for the 2018 World Cup ''. TASS. 22 May 2018. Jump up ^ `` Banknotes and Coins ''. Cbr.ru. Retrieved 26 November 2017. Jump up ^ The 500 - ruble Bank of Russia note Jump up ^ `` Banknotes and Coins ''. Cbr.ru. Retrieved 26 November 2017. Jump up ^ `` На 100 - рублевой купюре в Госдуме разглядели `` порнографию '' ``. Izvestia. 8 July 2014. Jump up ^ Baczynska, Gabriela ( 9 July 2014 ). `` No more naked Apollos on Russian banknotes, lawmaker says ''. Reuters. Retrieved 12 July 2014. Jump up ^ Wong, Curtis ( 9 July 2014 ). `` Russia 's 100 - Ruble Banknote With Naked Apollo Image Is Pornographic, Politician Argues ''. Huffington Post. Retrieved 12 July 2014. Jump up ^ `` Ukraine Refuses To Circulate New Russian Banknotes Depicting Crimea ''. Malaysian Digest. Retrieved 2017 - 10 - 25. Jump up ^ `` NBU Forbids Banks to Perform Transactions with Russian Banknotes and Coins Depicting Any Objects Located in the Occupied Territories of Ukraine ''. bank.gov.ua. Retrieved 2017 - 10 - 25. Jump up ^ `` Banknotes and Coins ''. cbr.ru. Central Bank of Russia. Retrieved 13 June 2018. Jump up ^ Krivorotova, Anastasia ; Rakitina, Ekaterina ( 22 May 2018 ). `` ЦБ представил памятную банкноту к чемпионату мира по футболу ''. cbr.ru ( in Russian ). Central Bank of Russia. Retrieved 13 June 2018. Jump up ^ `` Triennial Central Bank Survey Foreign exchange turnover in April 2016 '' ( PDF ). Triennial Central Bank Survey. Basel, Switzerland : Bank for International Settlements. 11 December 2016. p. 7. Retrieved 22 March 2017. Jump up ^ https://normativ.kontur.ru/document?moduleId=1&documentId=206129#h418 Jump up ^ `` China, Russia quit dollar '' China Daily, November 24, 2010 Jump up ^ Chinese minister says China - Russia economic, trade co-op at new starting point Xinhua News, November 25, 2010 Jump up ^ `` Putin hopes Central Bank and government find balance in ruble exchange rate dynamics ''. ITAR - TASS. 22 January 2014. Retrieved 22 January 2014. ^ Jump up to : Kitroeff, Natalie ; Weisenthal, Joe ( 16 December 2014 ). `` Here 's Why the Russian Ruble Is Collapsing ''. Businessweek. Bloomberg. Retrieved 17 December 2014. Jump up ^ Hille, Kathrin ( 25 December 2014 ). `` Moscow says rouble crisis is over ''. The Financial Times. Retrieved 2 January 2015. Jump up ^ Gessen, Masha ( 27 December 2014 ). `` The News in Moscow ''. The New Yorker. Retrieved 2 January 2015. Jump up ^ Hartley, Jon ( 1 January 2015 ). `` Online Prices Indicate Russian Inflation Spike After Ruble Decline ''. Forbes. Retrieved 2 January 2015. Jump up ^ Metreveli, Irakli ( 1 January 2015 ). `` Ex-Soviet republics hit by Russian economic crisis ''. The China Post. Agence France - Presse. Retrieved 2 January 2015. Jump up ^ Tsvetkova, Maria ; Anin, Roman ( 2 January 2015 ). `` ' We are hardly surviving ' : As oil and the ruble drop, ordinary Russians face growing list of problems ''. The Financial Post. Reuters. Retrieved 2 January 2015. Jump up ^ Dorning, Mike ; Katz, Ian ( 16 December 2014 ). `` U.S. Wo n't Ease Sanctions to Stem Russia 's Economic Crisis ''. Bloomberg. Retrieved 16 December 2014. Jump up ^ `` Russian Ruble Meltdown in Full Force ''. PrimePair.com. 17 December 2014. Archived from the original on 22 December 2014. Retrieved 22 December 2014. Jump up ^ `` WRAPUP 2 - Rouble crisis could shake Putin 's grip on power ''. Reuters. 17 December 2014. Jump up ^ USD exchange rates in RUB, Bank of Russia Krause, Chester L. ; Clifford Mishler ( 1991 ). Standard Catalog of World Coins : 1801 -- 1991 ( 18th ed. ). Krause Publications. ISBN 0873411501. Pick, Albert ( 1994 ). Standard Catalog of World Paper Money : General Issues. Colin R. Bruce II and Neil Shafer ( editors ) ( 7th ed. ). Krause Publications. ISBN 0 - 87341 - 207 - 9. Jump up ^ Abkhazian : амааҭ amaat ; Bashkir : һум hum ; Chuvash : тенкĕ tenke ; Komi : шайт shayt ; Lak : къуруш k'urush ; Mari : теҥге tenge ; Ossetian : сом som ; Tatar : сум sum ; Udmurt : манет manet ; Sakha : солкуобай solkuobay Jump up ^ Tatar : тиен tiyen ; Bashkir : тин tin ; Chuvash : пус pus ; Ossetian : капекк kapekk ; Udmurt : коны kony ; Mari : ыр yr ; Sakha : харчы harchy Jump up ^ Donetsk and Luhansk are recognized by the partially recognized South Ossetia, though lack recognition from members of the United Nations. ( Reference : Donetsk People 's Republic # Recognition ) Jump up ^ The total sum is 200 % because each currency trade always involves a currency pair. External links Wikimedia Commons has media related to Money of Russia. Goznak official site Russian Ruble ( Catalog of banknotes ) Foreign Currency Market Bank of Russia Russian Currency Exchange Rate History LIVE Russian Ruble eXchange Rates : RUB History of the Russian paper money Russian Banknotes from 1898 to 1917 Images of historic and modern Russian bank notes All of Russian coins Монеты России и СССР Coins of Russia at CISCoins.net Historical and current banknotes of Russia and the Soviet Union ( in English ) ( in German ) Russia articles History Timeline Proto - Indo - Europeans Scythians East Slavs Rus ' Khaganate Kievan Rus ' Novgorod Republic Vladimir - Suzdal Grand Duchy of Moscow Tsardom of Russia Russian Empire Russian Republic Russian SFSR Soviet Union Russian Federation By topic Economy Military Journalism ‎ Postal Geography Subdivisions Borders Earthquakes Geology European Russia Caucasus Mountains North Caucasus Caspian Sea Ural Mountains West Siberian Plain Siberia Russian Far East North Asia Extreme points Cities and towns Islands Lakes Rivers Volcanoes Climate Mountains Politics Conscription Constitution Elections Presidential elections Federal budget Foreign relations Freedom of assembly Freedom of press Media Government Human rights Judiciary Law Citizenship Civil Service Law enforcement ( Prisons ) Liberalism Military Opposition Political parties President of Russia Economy Agriculture Aircraft industry Car industry Banking Central Bank Corruption Defence industry Economic regions Energy Fishing industry Forestry Gambling Mining Petroleum industry Russian ruble Russian oligarchs Space industry Shipbuilding Trade unions Taxation Tourism Transport Telecommunications Waste Society Demographics Citizens Abortion Alcoholism Crime Education Healthcare Ethnic groups Languages LGBT Immigration Illegal Prostitution Racism Religion Suicide Water supply and sanitation Women Culture Architecture Art Literature Ballet Cinema Cultural icons Graffiti Inventions Media Music Public holidays Opera Language Cuisine Martial arts Folklore Television Internet National anthem Coat of arms National flag Sports Outline Book Category Portal Economy of Russia History Soviet Union Privatization Financial crises 1998 2014 -- 2017 Monetary reforms in Russia ( 1991 1993 1998 ) National Priority Projects Stabilization Fund Great Recession in Russia Medvedev modernisation programme Natural resources Agriculture Energy Coal Electricity Geothermal power Natural gas Nuclear power Oil reserves Renewable energy Fishery Timber Hunting Mining Industry Engineering Aircraft Automotive Defence Rolling stock manufacturers Shipbuilding Space industry Tractor, timber and agricultural machinery Food industry Petroleum industry Pharmaceutical industry Chemical industry Metallurgy Pipe Industry Science and technology Infrastructure Telecommunications Transport Rail Vehicle registration plates Services Gambling Grocery retailing Information technology Tourism Finance Russian ruble Account Chamber Banking ( Banks Central Bank of Russia ) Federal budget Moscow Exchange National Pension Fund Social Insurance Fund Tax Code Billionaires Regional economies Natural resources of Primorsky Krai Federal subjects by GRP Federal subjects by GDP per capita Federal subjects by HDI Federal subjects by unemployment rate Economic regions Central Ural North Caucasus Volga West Siberian East Siberian Volga - Vyatka Northwestern Central Black Earth Far Eastern Northern Other Companies Exports Trade unions Russian oligarch Category Commons Currencies of post-Soviet states In circulation Abkhazian apsar ( unrecognized ) Armenian dram Artsakh dram ( unrecognized ) Azerbaijani manat Belarusian ruble Euro ( Estonia, Latvia and Lithuania ) Georgian lari Kazakhstani tenge Kyrgyzstani som Moldovan leu Russian ruble ( Russia, Abkhazia ( unrecognized ) and South Ossetia ( unrecognized ) ) Tajikistani somoni Transnistrian ruble ( unrecognized ) Turkmenistan manat Ukrainian hryvnia Uzbekistani soʻm Obsolete Chechen naxar ( unrecognized ) Estonian kroon Georgian kupon lari Latvian rublis Latvian lats Lithuanian litas Lithuanian talonas Moldovan cupon Soviet ruble Tajikistani ruble Ukrainian karbovanets Currencies of Europe European Union British pound sterling Bulgarian lev Croatian kuna Czech koruna Danish krone Euro Gibraltar pound Hungarian forint Polish złoty Romanian leu Swedish krona Eastern Armenian dram Azerbaijani manat Belarusian ruble Georgian lari Moldovan leu Kazakhstani tenge Russian ruble Transnistrian ruble ( unrecognised ) Ukrainian hryvnia Southern Albanian lek Bosnian convertible mark Macedonian denar Maltese scudo ( unrecognised ) Serbian dinar Turkish lira Western Faroese króna Guernsey pound Icelandic króna Jersey pound Manx pound Norwegian krone Swiss franc Currencies of Asia Central Kazakhstani tenge Kyrgyzstani som Tajikistani somoni Turkmenistan manat Uzbekistani soʻm East Chinese yuan Hong Kong dollar Japanese yen North Korean won South Korean won Macanese pataca Mongolian tögrög New Taiwan dollar North Russian ruble South Afghan afghani Bangladeshi taka Bhutanese ngultrum Indian rupee Maldivian rufiyaa Nepalese rupee Pakistani rupee Sri Lankan rupee Pound sterling British Indian Ocean Territory U.S. dollar British Indian Ocean Territory Southeast Brunei dollar Burmese kyat Cambodian riel East Timorese centavo Indonesian rupiah Lao kip Malaysian ringgit Philippine peso ( piso ) Singapore dollar Thai baht U.S. dollar East Timor Vietnamese đồng West Abkhazian apsar Armenian dram Artsakh dram Azerbaijani manat Bahraini dinar Egyptian pound Gaza Strip Euro Cyprus Georgian lari Iranian rial Iraqi dinar Israeli new shekel Jordanian dinar Kuwaiti dinar Lebanese pound Omani rial Russian ruble ( Abkhazia and South Ossetia ) Qatari riyal Saudi riyal Syrian pound Turkish lira UAE dirham Yemeni rial Currencies named ruble or similar Circulating Belarusian ruble Russian ruble Transnistrian ruble Obsolete Armenian ruble Azerbaijani ruble Bukharan ruble Don ruble Far Eastern ruble German ostruble Georgian ruble Khakassia ruble Kuban ruble Latvian rublis Harbin ruble Odessa ruble Northern Oblast ruble Northwestern Army ruble Siberian ruble Soviet ruble South Russian ruble Tajikistani ruble Tsaritsyn ruble Transcaucasian ruble GND : 4178574 - 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Question: what is the name of the russian money
Answer: ruble