4 thoughts on “What is the currency name used in Russia now?”

  1. The currency unit used in Russia is the ruble.
    The coin is Gobi. 1 ruble = 100 Gobbi. There are 1, 3, 5, 10, 25, 50, 100, 100, 500, 500, 5000, 10000 and 50,000 rubles, and 1, 2, 3, 5, 10, 15, 20, 50, 50 Gobbi coin.

    The first ruble was the monetary unit of Tsar Russia. In 1800, the price comparison was established, and the gold content of the ruble banknotes in 1897 was 0.774234 grams. From 1922 to 1924, the Soviet Union conducted currency reform. In January 1961, the currency reform was implemented again. The gold content of the ruble was set to 0.987412 grams, and the exchange rate for the US dollar was determined to be $ 1 against 0.9 rubles. This exchange rate has not changed much for nearly 30 years. On October 28, 1989, the Soviet Union announced the implementation of a double exchange rate. On November 1, 1990, the official exchange rate of the rubles depreciated for the first time in the past 30 years. It was depreciated from $ 1 to $ 0.6 to $ 1.80. On December 25, 1991, the Soviet Union disintegrated, and rubles became Russia's standard currency units. After the other Soviet Union's other joining republics, some of them issued their national currencies, and some still used rubles. In July 1993, the Russian government announced that the ruble banknotes issued from 1961 to 1992 stopped circulating and issued a new version of the rubles. On November 25, 1994, the official exchange rate of the ruble was $ 1 against 3235 rubles.

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