Russian rubel
| Russian ruble | |||||
|---|---|---|---|---|---|
| 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) |
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| kopeyka (копейка) | коп. / к. | ||||
| Banknotes | |||||
| Freq. used | 50₽, 100₽, 500₽, 1,000₽, 5,000₽ | ||||
| Rarely used | 5₽, 10₽ | ||||
| Coins | |||||
| Freq. used | 1₽, 2₽, 5₽, 10₽ | ||||
| Rarely used | 1 коп., 5 коп., 10 коп., 50 коп. ₽ | ||||
| Demographics | |||||
| Official user(s) |
 Russia
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| Unofficial user(s) |
Partially recognized republics
Unrecognized republics
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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 | 3.9%, July 2017 | ||||
| Source | Central Bank of Russia | ||||
| Method | CPI | ||||
The Russian ruble (Russian: рубль rublʹ; plural: рубли́ rubli; sign: ₽, руб; code: RUB) is the currency of the Russian Federation, 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 ruble was the currency of the Russian Empire and of the Soviet Union (as the Soviet ruble). Today, apart from Russia, Belarus and Transnistria use currencies with the same name. The ruble was the world's first decimal currency: it was decimalised in 1704 when the ruble became legally equal to 100 kopeks.
In 1992 the Soviet ruble (code: SUR) was replaced with the Russian ruble (code: RUR) at the rate 1 SUR = 1 RUR. In 1998 following the financial crisis, the Russian ruble was redenominated with the new code "RUB", and was exchanged at the rate of 1 RUB = 1,000 RUR.
The ruble is the oldest national currency after the Pound sterling. The ruble has been used in the Russian territories since the 13th century. The modern Russian ruble actually appeared in December 1991 in parallel with the Soviet ruble, which remained in circulation until September 1993. All Soviet coins issued in 1961-1991, respectively, as well as 1, 2 and 3 kopek coins, issued before 1961, formally remained legal tender until 31 December 1998, and in 1999-2001 were exchanged for Russian ruble in the ratio of 1000:1.
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