What is the currency of Russia?

Q: What is the currency of Russia?


A: The currency of Russia is the Russian ruble, also spelled rouble.

Q: What are the subunits of the ruble?


A: The ruble is divided into 100 kopeks, which are the subunits of the currency.

Q: In addition to Russia, where else is the ruble used?


A: The ruble is also used in two partially recognized countries, Abkhazia and South Ossetia, as well as in the unrecognized republics of Donetsk and Luhansk.

Q: Which other countries use currencies with the name ruble?


A: Only two other countries use a currency known as the ruble: Belarus and Transnistria.

Q: What is the history of the ruble as a decimal currency?


A: The ruble was the world's first decimal currency, having been decimalised in 1704 when the ruble became equal to 100 kopeks.

Q: When did the Russian ruble replace the Soviet ruble?


A: In 1992, the Soviet ruble (code: SUR) was replaced with the Russian ruble (code: RUR) at the rate 1 SUR = 1 RUR.

Q: When was the Russian ruble redenominated and at what rate?


A: In 1998, during the second economic crisis in Russia, the Russian ruble was redenominated with the new code "RUB" and was exchanged at the rate of 1 RUB = 1,000 RUR.

AlegsaOnline.com - 2020 / 2023 - License CC3