Russian Ruble (RUB)

Russian Ruble - Overview

The currency of Russia is ruble (also The monetary unit of the Russian Federation is the Russian ruble (rouble). The ruble was also a national currency in the USSR and the Russian Empire. The code in the standard ISO 4217 - RUB, digital - 643. One ruble consists of 100 kopecks.

The ruble is the oldest national currency in the world after the British pound. The monetary units of other countries have repeatedly changed their names. In Russia, the ruble has been used since the 13th century.

Russian Ruble - Origin and the Current State

There are a lot of versions of the origin of the word “ruble”. According to most of them, it was derived from the Russian verb “rubit” (to cut/chop). In early Russian history it was a piece chopped off a silver bar called grivna. Later, the term became the official name of the Russian currency.

Today, you can find the following banknotes in circulation: 10 Rubles (almost out of circulation and rare), 50 Rubles, 100 Rubles, 500 Rubles, 1000 Rubles, 5000 Rubles. Also there are coins: 10 kopecks, 50 kopecks, 1 Ruble, 5 Rubles, 10 Rubles. In autumn of 2017, new banknotes of 200 and 2000 rubles will be put into circulation.

Russian Ruble - Banknotes

10 Rubles

Russian 10 Rubles banknote front view Russian 10 Rubles banknote back view

50 Rubles

Russian 50 Rubles banknote front view Russian 50 Rubles banknote back view

100 Rubles

Russian 100 Rubles banknote front view Russian 100 Rubles banknote back view

500 Rubles

Russian 500 Rubles banknote front view Russian 500 Rubles banknote back view

1000 Rubles

Russian 1000 Rubles banknote front view Russian 1000 Rubles banknote back view

5000 Rubles

Russian 5000 Rubles banknote front view

The comments of our visitors

Vincent Isambert
500.000 Rubles banknote
The 500.000 Rubles Banknote is actually an interesting and rather scarce collectible (especially if in good condition ). I believe it is worth quite more than 17 USD. I am personally ready to pay between 30 and 90 USD for one, still depending on condition (30 for average, 90 for uncirculated or about uncirculated). If anyone has one, please send me an e-mail! Sincerely Vincent Isambert vincent.isambert (at) gmail.com

The questions of our visitors

Amelia asks: I have a 100,000 rubles dated 1995. Is it worth anything? And can I trade for US currency?
Expert's answer:
This banknote is no longer a means of payment and you can not exchange it in a bank. It has a small collection value, about 10-15 USD. So you can just keep it as an interesting souvenir.
Summer asks: My dad used to work overseas back in 90s. He has here a 1993 10,000 Russian rubles. Does it still has worth? If there is, could it still be changed here in the Philippines (or in any country)?
Expert's answer:
This banknote is not a valid means of payment and can not be exchanged. At current prices, it is 10 Russian rubles (about 0.2 US dollars). So you can just keep it as a souvenir.
casey asks: What is the historical value of a 1993, 1000 ruble bank note?
Expert's answer:
This note is not of great historical value, a lot of them were released into circulation in the 1990s. Today, the cost of it is less than 1 USD. But still it is a nice souvenir.

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