---
title: "What is the currency of Russia?"  
description: "What is the currency of Russia?"  
author: "Jyoti Ajgaonkar"  
published: 2018-06-17  
canonical: https://answers.mindstick.com/qa/45328/what-is-the-currency-of-russia  
category: "history, politics & society"  
tags: ["general knowledge"]  
reading_time: 1 minute  

---

# What is the currency of Russia?

What is the [currency](https://yourviews.mindstick.com/view/81622/fake-currency-issue-is-back-for-indian-government) of Russia?\
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## Answers

### Answer by Stuti Gupta

> RUBLE OR ROUBLE IS THE CURRENCY OF RUSSIA.

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![What is the currency of Russia?](https://answers.mindstick.com/questionanswer/a7099e93-cadf-4635-bfd1-bdb826c5b15f/images/4c2a4902-bd91-4cc0-a7e3-534ccd9bd18d.jpeg)\

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The **[Russian ruble](https://en.wikipedia.org/wiki/Russian_ruble)** commonly referred to as the **rouble** is the money of **Russian**, as well as the two unrecognized states of **Donetsk and Luhansk** and the two officially recognized nations of **Abkhazia and South Ossetia**. The ruble is divided into hundred kopeks.

The ruble was the Russian Empire's and the Soviet Union's [money](https://answers.mindstick.com/qa/94665/does-google-chrome-make-money) (as the Soviet ruble). Also, [Russia](https://answers.mindstick.com/qa/94165/name-the-indian-operation-where-an-anti-satellite-weapon-was-tested-that-made-india-the-4th-country-after-the-us-russia-china), Belarus, and Transnistria use the same moniker for their currencies now. The ruble was the first money in Europe to be decimalized, with **100 kopeks** equaling one ruble in 1704.

The **Soviet ruble** (code: SUR) was replaced by the **Russian ruble** (code: RUR) in September 1993, with a value of **1 SUR = 1 RUR**. The Russian ruble was redenominated with the new code 'RUB' in 1998, just before the [economic](https://answers.mindstick.com/qa/93159/what-is-the-regional-comprehensive-economic-partnership-rcep) meltdown, and traded at a value of **1,000 RUR = 1 RUB.**


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Original Source: https://answers.mindstick.com/qa/45328/what-is-the-currency-of-russia

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