Russian ruble | |||||
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Российский рубль (Russian) | |||||
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ISO 4217 | |||||
Code | RUB | ||||
Number | 643 | ||||
Exponent | 2 | ||||
Denominations | |||||
Subunit | |||||
1⁄100 | 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 (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 |
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Issuance | |||||
Central bank | Bank of Russia | ||||
Website | www |
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Printer | Goznak | ||||
Website | www |
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Mint | Moscow Mint and Saint Petersburg Mint | ||||
Valuation | |||||
Inflation | 5.0%, January 2017 | ||||
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.