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Russian Ruble

Russian ruble
Российский рубль (Russian)
Banknote 5000 rubles 2010 front.jpg Rouble coins.png
5,000 ₽ (2010) Coins
ISO 4217
Code RUB
Number 643
Exponent 2
Denominations
Subunit
1100 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 ₽ (RUB),   руб (colloquially)
 kopeyka (копейка) коп. / к.
Banknotes
 Freq. used 50 ₽, 100 ₽, 500 ₽, 1000 ₽, 5000 ₽
 Rarely used 5 ₽, 10 ₽
Coins
 Freq. used 10 коп., 50 коп., 1 ₽, 2 ₽, 5 ₽, 10 ₽
 Rarely used 1 коп., 5 коп., 25 ₽
Demographics
Official user(s)  Russia (with Crimea)
Unofficial user(s)  Abkhazia
 Donetsk People's Republic
 Luhansk People's Republic
 South Ossetia
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 5.4%, 2016
 Source Central Bank of Russia
 Method CPI

The Russian ruble or rouble (Russian: рубль, rublʹ, plural рубли́, rubli; sign: , руб; code: RUB) is the currency of Russia, 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 ISO 4217 code is RUB or 643; the former code, RUR or 810, refers to the Russian ruble before the 1998 redenomination (1 RUB = 1,000 RUR).

The ruble was the currency of the Russian Empire and of the Soviet Union (as Soviet ruble) before its dissolution. Belarus and Transnistria use currencies with the same name. The Russian ruble was the world's first decimal currency: it was decimalised in 1704 when the ruble became legally equal to 100 kopeks.

The word "ruble" is derived from the Russian verb руби́ть (rubít'), meaning "to chop, to cut, to hack". It is firstly mentioned in the 13th century in a Novgorod birch bark manuscript as a synonym for a 204-gram (6.6 ozt) (ozt is troy ounces) silver bullion called grivna. Its casting included some sort of cutting (the exact technology is unknown), hence the name. Earlier it was thought that the ruble was a cutout part of a grivna, though this etymology is now obsolete.


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Wikipedia

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