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

Sean asks: Can I use 2017 era rubles banknotes in Russia or do I have to get 2023 rubles banknotes?
Expert's answer:
As of July 2023, banknotes of the 1997 series and their later variations of the early and mid-2000s (50, 100, 500, 1,000, 5,000 rubles) are in circulation in Russia. In 2017, two new banknotes were introduced in denominations of 200 and 2,000 rubles. All these banknotes can be used for payments.
Ariel asks: Is 1,000 Rubles in Russia much?
Expert's answer:
It is not much. As of June 2023, you can buy about 12 liters of milk or 30 loaves of bread or 3-4 movie tickets with this amount of money in most of Russia.
LEo asks: Can I use Russian 1997 rubles?
Expert's answer:
Yes, the 1997 Russian banknotes are still in circulation.

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