Russian Ruble | Russia Currency |RUB | Kopeyka

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Russian ruble currency:

The official currency of Russia is Russian ruble. It is also used this currency in two partially recognized states of Abkhazia and South Ossetia and the two unrecognized republics of Donetsk and Luhansk. The Russian ruble is made up of 100 kopeks.

The ruble was the official currency of the Russian Empire and of the Soviet Union. And today it is the currency unit of Russia (as Russian ruble) and Belarus (as Belarussian ruble).

After the pound sterling the ruble is second oldest currency and it has been used since the 13th century. It is also first decimal currency in the world; it was decimalized in 1704 when the ruble became legally equal to 100 kopeks.

Before the fall of the Soviet Empire the currency symbol was the SUR. In 1992, at the ratio of 1:1 (1 SUR = 1 RUR) the Soviet ruble (code: SUR) was replaced with the Russian ruble (code: RUR). Preceding Russian financial crisis in 1998, the Russian ruble was redenominated with the new code "RUB" and was exchanged at a rate of 1000:1 to the old Ruble (1 RUB = 1,000 RUR).

All banknotes of Russian ruble are currently printed at the state-owned factory Goznak in Moscow, which was founded on 6 June 1919 and operated ever since. Coins are minted in Moscow and at the Saint Petersburg Mint, which has been operating since 1724.