The modern Russian ruble was created in December 1991 and used in parallel with the Soviet ruble, which remained in circulation until September 1993. All denominations were colored and patterned in a similar fashion to late Czarist notes. The 50- and 100-ruble banknotes had two slightly different designs for the 1991 and 1992 series. In 1922, the first of several redenominations took place, at a rate of 1 "new" ruble for 10,000 "old" rubles. In 1918, state credit notes were introduced by the RSFSR for 1, 3, 5, 10, 25, 50, 100, 250, 500, 1,000, 5,000 and 10,000 rubles. all texts were in Russian only). In 1921, currency note denominations of 5, 50, 25,000, 50,000, 100,000, 1,000,000, 5,000,000 and 10,000,000 rubles were added. From this issue onward, the coins were minted in the name of the A shortage of silver coins had perpetually dogged the Soviet economy in the 1920s and silver was becoming too expensive to use, with much of it needing to be imported.

The most notable of these was the 1958 series, in denominations of 1, 2, 3, and 5 kopecks in copper-zinc, and 10, 15, 20, and 50 kopecks and 1, 3, and 5 rubles in copper nickel. The first ruble issued for the Socialist government was a preliminary issue still based on the previous issue of the ruble prior to the Denominations were as follows: 1, 2, 3, 5, 10, 15, 25, 50, 60, 100, 250, 500, 1,000, 5,000, 10,000, 25,000, 50,000 and 100,000. The Russian Ruble is divided into 100 kopecks. Formerly, the ruble was also the currency of the Soviet Union and the Russian Empire prior to their breakups. The State Bank notes depicted Lenin while the Treasury notes depicted floral artistic designs. The Russian Ruble is also known as the Russian Rouble. More Russian Ruble … This series is considered the most valuable of Soviet issues due to their scarcity.

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A second redenomination took place in 1923, at a rate of 100 to 1. The 50-kopeck and 1-ruble coins dated 1961 had plain edges, but starting in 1964, the edges were lettered with the denomination and date. During this time, 1957 coins would continue to be restruck off old dies until the new coin series was officially released in 1961. Economies Trading PlacesAIB Swings to Loss on 1.2 Billion Euro Bad Loans ChargeCalSTRS CIO Ailman Sees 'Choppy' Recovery Outside of TechStocks Advance, U.S. Futures Waver; Euro Weakens: Markets WrapThe Euro's Strength Against the Dollar Might Become ContagiousHedge Funds Bet the Euro Will Rise to $1.25 After U.S. ElectionsECB Says Efforts to Keep Euros Flowing Globally Help EconomyHow EU’s Bond Binge Could Herald a New ‘Safe Asset’: QuickTakeEuro Correction Likely to Start in Next Week or Two: SocGen’s JuckesEuro Area Sheds Almost Half of Jobs Created Since Last RecessionEuro Zone’s Nordic Economy Among Most Resilient Last QuarterFord Seizes on Euro Rally With Exports of Explorers and MustangsEuro Rally Turns Into a Renaissance on EU’s Landmark Rescue FundPlunge in Euro Rate Volume Raises Concern About Its RobustnessA Global Guide to the New Benchmarks That Will Replace LiborThe Coronavirus Pandemic Has the Euro Area and U.S. After the breakup of the Soviet Union, many newly independent republics chose to continue circulating Soviet rubles until the introduction of the new Official exchange rates Soviet ruble of the time per United States dollar:During the first half of 1992, a monetary union with 15 independent states all using the ruble existed. The page provides the exchange rate of 100 Russian Ruble (RUB) to Euro (EUR), sale and conversion rate.

The Soviet ruble (Russian: рубль; see below for other languages of the USSR) was the currency of the Union of Soviet Socialist Republics (USSR). The currency code for Rubles is RUB, and the currency symbol is ₽. EUR RUB (Euro / Russian Ruble) The Euro vs. the Ruble. On January 1, 1961 the currency was revalued again at a rate of 10:1, but this time a new coinage was introduced in denominations of 1, 2, 3 and 5 kopecks in aluminium-bronze, and 10, 15, 20 and 50 kopecks and 1 ruble in cupro-nickel-zinc. More Russian Ruble info >