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USD / RUB exchange rate 1994–2023 EUR / RUB exchange rate. The first Russian ruble (RUR) introduced in January 1992 depreciated significantly versus the US dollar from US$1 = 125 RUR to around US$1 = 6,000 RUR (or 6 RUB) when it was redenominated in January 1998. The new ruble then depreciated rapidly in its first year to US$1 = 20 RUB before ...
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The ruble or rouble (/ ˈ r uː b əl /; Russian: рубль, IPA:) is the currency unit of Russia and Belarus. Historically, it was the name of the currency of the Russian Empire (the Imperial ruble) and, later, of the Soviet Union (the Soviet ruble ).
By 1 August 1998, there was approximately $12.5 billion in debt owed to Russian workers. On 14 August, the exchange rate of the Russian ruble to the US dollar was still 6.29. In June 1998, despite the bailout, monthly interest payments on Russia's debt rose to a figure 40 percent higher than its monthly tax collections.
The decline to 96 rubles against the dollar continued the Russian currency's consistent fall since the beginning of the year, when it traded at around 65 — a drop of about 30%. After Russia sent ...
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Following a brief collapse in the initial aftermath of last year’s Feb. 24 invasion, which saw Russia’s fiat tender plunge to a record low of 120 to the dollar, the ruble rebounded to trade at ...
Notes. Annual Average Exchange: According to UN country historical GDP DATA, Russian GDP was RUB 21,625,372 millions or US$764,568 million in 2005, the average exchange rate is RUB 28.2844 per USD; GDP 2007 was RUB 33,258,143 million or US$1,300,119 million, the average exchange rate is RUB 25.5808 per USD in 2007; GDP 2008 was RUB 41,444,667 million or US$1,667,600 million, the average ...