US Dollar
Euro
British Pound
UAE Dirham
Australian Dollar
Singapore DollarThe currency of Russia
Russian
RubleRUB
The currency of Russia is the Russian ruble (RUB), divided into 100 kopecks and issued by the Bank of Russia. It has floated freely since November 2014: one ruble costs ₹1.40 at our selling rate right now.
- Code
- RUB
- Symbol
- ₽₽
- Subunit
- 100 kopecks
- In use since
- 1998
What is the currency of Russia?
The currency of Russia is the Russian ruble, code RUB, written ₽. One ruble is divided into 100 kopecks, and the Bank of Russia issues every note and coin. The current ruble began in 1998 with the 1997-series notes, and it has floated freely since November 2014, so against the rupee it moves with the market: on 5 Oct 2026, one ruble was worth about ₹1.40 at our selling rate. There is no Russian dollar to confuse it with, and the US dollar is a separate currency at a very different value.
Russian Ruble at a glance
- Currency
- Russian rubleIn Russian, рубль (rubl)
- Code
- RUBNumeric code 643
- Symbol
- ₽A Cyrillic Р with a horizontal stroke; U+20BD in Unicode
- Subunit
- 1 ruble = 100 kopecksThe kopeck is копейка in Russian
- Issuer
- Bank of RussiaIts coins carry a Moscow or St Petersburg mint mark
- Introduced
- 1998The 1997-series notes entered circulation on 1 January 1998
- Exchange rate
- FloatingFree-floating since November 2014
- Used in
- Russia
- Banknotes
- 10, 50, 100, 200, 500, 1,000, 2,000 and 5,000 rublesThe 100, 1,000 and 5,000 ruble notes also come in newer designs
- Coins
- 10 and 50 kopecks; 1, 2, 5 and 10 rublesEvery kopeck coin shows St George and a serpent; the 1 and 5 kopeck coins are no longer made
Russia currency notes and coins
Russian money comes as eight banknotes, from 10 to 5,000 rubles, and six coins, from 10 kopecks to 10 rubles. The 100 ruble note was redesigned and issued on 30 June 2022, and new 5,000 and 1,000 ruble notes were presented on 16 October 2023 and 26 December 2025, each dedicated to a Russian city and its federal district. The newer notes circulate beside the 1997-series ones. Each note is shown with what it costs in rupees at our selling rate today.
- Bank of RussiaTen rubles10₽
Ten rubles 10 ₽
≈ ₹14.03 today- Colour
- Dark green and brown
- Front
- A bridge across the Yenisei and a chapel in Krasnoyarsk
- Back
- The dam of the Krasnoyarsk hydroelectric station
- Bank of RussiaFifty rubles50₽
Fifty rubles 50 ₽
≈ ₹70.15 today- Colour
- Navy blue and blue
- Front
- The sculpture at the base of the Rostral Column and the Peter and Paul Fortress, St Petersburg
- Back
- The Stock Exchange and the Rostral Column
- Bank of RussiaOne hundred rubles100₽
One hundred rubles 100 ₽
≈ ₹140.30 today- Colour
- Brown and green, or olive and orange
- Front
- The quadriga above the Bolshoi Theatre portico in Moscow; the 2022 design shows the Spasskaya Tower of the Kremlin
- Back
- The Bolshoi Theatre; the 2022 design shows the Rzhev Memorial to the Soviet Soldier
- Bank of RussiaTwo hundred rubles200₽
Two hundred rubles 200 ₽
≈ ₹280.60 today- Colour
- Green
- Front
- The Monument to the Sunken Ships in Sevastopol
- Back
- The Tauric Chersonese museum-reserve
- Bank of RussiaFive hundred rubles500₽
Five hundred rubles 500 ₽
≈ ₹701.50 today- Colour
- Violet and blue
- Front
- The monument to Peter the Great and a sailing ship in the port of Arkhangelsk
- Back
- The Solovetsky Monastery
- Bank of RussiaOne thousand rubles1000₽
One thousand rubles 1,000 ₽
≈ ₹1,403.00 today- Colour
- Blue and green, or turquoise
- Front
- Prince Yaroslav the Wise and a chapel at Yaroslavl; the 2025 design shows the Nikolskaya Tower of the Nizhny Novgorod Kremlin
- Back
- The Bell Tower and Church of John the Precursor, Yaroslavl; the 2025 design shows the Saratov bridge, a Meteor-120R hydrofoil and the Palace of Farmers in Kazan
- Bank of RussiaTwo thousand rubles2000₽
Two thousand rubles 2,000 ₽
≈ ₹2,806.00 today- Colour
- Blue
- Front
- The Russky Bridge in Vladivostok
- Back
- The Vostochny Cosmodrome
- Bank of RussiaFive thousand rubles5000₽
Five thousand rubles 5,000 ₽
≈ ₹7,015.00 today- Colour
- Red
- Front
- The Muravyov-Amursky monument and the embankment in Khabarovsk; the 2023 design shows the Europe-Asia stele in Yekaterinburg
- Back
- The bridge over the Amur at Khabarovsk; the 2023 design shows the Tale of the Urals monument in Chelyabinsk
Coins, in kopecks
Every kopeck coin shows St George on horseback striking a serpent. The 1, 2, 5 and 10 ruble coins carry the State Coat of Arms from 2016, and earlier ones show the Bank of Russia emblem or a double-headed eagle. The 1 and 5 kopeck coins are no longer made, and kopeck coins are rarely used.
- 1010 kopecks
≈ ₹0.14 - 5050 kopecks
≈ ₹0.70 - 11 ruble
≈ ₹1.40 - 22 rubles
≈ ₹2.81 - 55 rubles
≈ ₹7.01 - 1010 rubles
≈ ₹14.03
Sources: Bank of Russia, banknotes and coins; Interfax; colours as printed. Rupee values at our selling rate, 10:25 AM IST, 5 Oct 2026.
One note, many designs
The 100 ruble note has been redrawn more than once, and the older designs have not been withdrawn. You can be handed one with the Bolshoi Theatre and one with a Kremlin tower on the same day, and both pay as 100 rubles.
The Bolshoi 100 arrives
The 100 ruble note of the 1997 series enters circulation with the quadriga above the Bolshoi Theatre portico on the front and the theatre on the back. It is modified in 2001 and 2004.
A Kremlin tower 100
The Bank of Russia issues a redesigned 100 ruble note in olive and orange, dedicated to Moscow. Its front shows a fragment of the Spasskaya Tower with its chimes, and its back the Rzhev Memorial to the Soviet Soldier.
A revised 100
The Bank of Russia gives 10 July 2026 as the release date of a revised 100 ruble note in olive green and orange, with the Spasskaya Tower on the front.
All of them are money
The Bank of Russia lists 100 ruble notes dated 1997, 2001, 2004, 2014, 2015, 2018, 2022 and 2026 as in circulation. The 1997 designs are planned to be withdrawn by 2035, a plan and not a legal deadline.
Sources: Bank of Russia, 100 ruble banknote page and list of banknotes in circulation; Interfax, 30 June 2022; Wikipedia, on the modification of Russian ruble banknotes from 2022.
A ruble that floats free
The ruble has no fixed rate. The market has set its price since November 2014, so its price in rupees can change from one day to the next.
No fixed rate since 2014
The Bank of Russia introduced a floating exchange rate in November 2014 and sets no targets for the rate or the pace of its moves. The market sets the price, and the rupee price moves with it.
Part of inflation targeting
The Bank of Russia calls the floating rate a critical component of its inflation targeting regime.
The bank can still step in
In normal conditions the Bank of Russia does not intervene to influence the rate, but it may carry out foreign currency operations to support financial stability.
One unit in rupees · our selling rate, 5 Oct 2026
The ruble from 1998 to today
The current ruble began in 1998, and its money has kept changing, from a new sign to redrawn notes. What changed along the way, in eight entries.
- EntryRussia
The current ruble begins
The 1997-series notes enter circulation on 1 January 1998, after the redenomination, and the older code RUR becomes historic. The 10, 50 and 100 ruble notes of that series are still on the Bank of Russia list today.
Launch - EntryRussia
A sign by public vote
The Bank of Russia holds a public vote on the ruble sign from 5 November to 5 December 2013. About 280,000 people take part, the winning design takes more than 61 percent of the votes, and the Board of Directors approves the ₽ on 11 December.
New sign - EntryRussia
The ruble floats
In November 2014 the Bank of Russia moves to a floating exchange rate, with no pre-established targets for the rate. The same year the sign gets its own Unicode character, U+20BD, in Unicode 7.0.
Floating - EntryRussia
The 200 and 2,000 ruble notes
Two new denominations enter circulation on 12 October 2017: a green 200 ruble note and a blue 2,000 ruble note.
New notes - EntryRussia
No coin below a ruble
The Bank of Russia mints no coin below 1 ruble in 2018, after it had stopped making the 1 and 5 kopeck coins in 2012. Kopeck coins remain legal tender.
Coin ends - EntryRussia
A new 100 ruble note
On 30 June the Bank of Russia issues a redesigned 100 ruble note, dedicated to Moscow and the Central Federal District, with a fragment of the Spasskaya Tower on the front. Older 100 ruble notes stay legal tender.
New note - EntryRussia
A new 5,000 ruble note
The Bank of Russia presents a new red 5,000 ruble note on 16 October, dedicated to Yekaterinburg and the Ural Federal District, with the Europe-Asia stele on the front. It says new notes keep the colours of the old ones.
- EntryRussia
A new 1,000 ruble note
On 26 December the Bank of Russia presents a turquoise 1,000 ruble note, dedicated to Nizhny Novgorod and the Volga Federal District, with a QR code on the front. It circulates alongside the 1997 notes.
New note
Sources: Bank of Russia, banknote and coin pages and the exchange-rate page; Interfax; Wikipedia, "Russian ruble" and "Ruble sign"; Unicode, U+20BD.
Rubles and rupees side by side
Worked out at our selling rate at 10:25 AM IST on 5 Oct 2026. For the live rate on any amount, use the RUB to INR or INR to RUB converter.
| You pay | You get |
|---|---|
| ₹5,000 | ₽ 3,563.79 |
| ₹10,000 | ₽ 7,127.58 |
| ₹25,000 | ₽ 17,818.96 |
| ₹50,000 | ₽ 35,637.92 |
| ₹1,00,000 | ₽ 71,275.84 |
| ₹2,00,000 | ₽ 142,551.67 |
| You buy | It costs |
|---|---|
| ₽ 500 | ₹701.50 |
| ₽ 1,000 | ₹1,403.00 |
| ₽ 5,000 | ₹7,015.00 |
| ₽ 10,000 | ₹14,030.00 |
| ₽ 50,000 | ₹70,150.00 |
| ₽ 100,000 | ₹1,40,300.00 |
Spending rubles in Russia
Three things about paying in Russia that help a visitor or a student on the first day.
Visa and Mastercard from India do not work
Visa and Mastercard stopped operating in Russia on 5 March 2022, and cards issued outside Russia do not work at shops or ATMs there. A guide dated 2 March 2026 says Visa, Mastercard and Maestro still do not work, so plan to pay another way.
Since 5 March 2022Mir and UnionPay are the options
A Mir card can be opened at a Russian bank with a passport, and many banks give it free, including at Moscow and St Petersburg airports. UnionPay is the main foreign alternative, but it is taken only in large stores, hotels and online, not everywhere.
Mir · UnionPayCash pays almost everywhere
The same 2026 guide says cash pays easily almost everywhere in Russia, and a written customs declaration is needed only above USD 10,000 in cash. A 100 ruble note is worth about ₹140.30 and a 1,000 ruble note about ₹1,403.00.
100 ₽ = ₹140.30 · 1,000 ₽ = ₹1,403.00Taking rubles from India
The Reserve Bank of India's rules apply to every currency, and the Russian ruble is no exception.
Up to the equivalent of USD 3,000 per trip can leave India as Russian ruble notes. The rest goes as a bank transfer.
Every resident can send up to USD 250,000 abroad each financial year under the Liberalised Remittance Scheme, travel included.
Tax collected at source applies once your foreign-exchange purchases in a financial year cross ₹10 lakh: nil when an education loan pays, 2% for self-funded education and medical treatment, and 20% for travel and everything else. It is credited against your income tax when you file.
Russian rubles are on our booking form. Send your amount and the desk confirms your exact rate before anything is booked.
Book Russian Rubles→Russian ruble questions
The questions people type about the Russian ruble, answered in full, in three groups.
The basics
8 questionsWhat is the currency of Russia?
The currency of Russia is the Russian ruble, code RUB, divided into 100 kopecks. The Bank of Russia issues every note and coin, and the ruble is used across the Russian Federation.
What is the full form of RUB in currency?
RUB is the ISO 4217 code of the Russian ruble, so the RUB full form is Russian ruble, and its numeric code is 643. The RUB currency is the one used in Russia today, and the older code RUR, from before the 1998 redenomination, is now historic.
What is the Russian ruble symbol?
The Russian ruble symbol, also called the ruble sign or the Russia currency sign, is ₽: a Cyrillic capital Р with a horizontal stroke. The Bank of Russia approved it on 11 December 2013 after a public vote, and Unicode gave it its own character, U+20BD, in 2014. As the Russia currency symbol it follows the number in Russia, as in 100 ₽, and outside Russia it may come first, as in ₽100.
Russia ki currency kya hai?
Russia ki currency, yaani rasiya ki currency, Russian ruble (RUB) hai. Ek ruble mein 100 kopeck hote hain, aur 5 Oct 2026 ko ek ruble lagbhag ₹1.40 ka tha, hamare selling rate par. Ruble ka symbol ₽ hai.
What is the Russian currency name?
The Russia currency name is the Russian ruble, written рубль (rubl) in Russian, and the coins show its forms: 1 рубль, 2 рубля, 5 рублей. Whether you ask which is the currency of Russia, or search for Russian money, rub currency or rasiya currency, the answer is the ruble. There is no Russian dollar, so that search means the ruble too, and the US dollar is a separate currency at a different value.
What are the capital and currency of Russia?
The capital of Russia is Moscow, and its currency is the Russian ruble (RUB). The Bank of Russia, which issues the notes and coins, has its address in Moscow too.
How many kopecks make one ruble?
One ruble is 100 kopecks, and the kopeck (also spelled kopek) is копейка in Russian. The Bank of Russia has not made the 1 and 5 kopeck coins since 2012 and minted no coin below 1 ruble in 2018, but kopeck coins remain legal tender.
Who issues the Russian ruble?
The Bank of Russia issues all the banknotes and coins. Every coin is inscribed БАНК РОССИИ (Bank of Russia) and carries a mint mark, М for Moscow or С-П for St Petersburg, so the coins are struck at the Moscow and St Petersburg mints.
Value and history
5 questionsIs the Russian ruble fixed or floating?
The ruble floats: the Bank of Russia introduced a floating exchange rate in November 2014 and says there are no pre-established targets for the rate or the pace of its moves. In normal conditions it does not intervene to influence the rate, but it may carry out foreign currency operations to support financial stability.
Which Russian banknotes are in use?
Eight notes are shown on this page: 10, 50, 100, 200, 500, 1,000, 2,000 and 5,000 rubles. The Bank of Russia also lists a 5 ruble note, and the 100, 1,000 and 5,000 ruble notes now come in newer designs beside the 1997 ones.
Is there a new 1,000 ruble note?
Yes: the Bank of Russia presented a turquoise 1,000 ruble note on 26 December 2025, with the Nikolskaya Tower of the Nizhny Novgorod Kremlin and a QR code on the front. The back shows the Saratov automobile bridge, the Meteor-120R hydrofoil and the Palace of Farmers in Kazan. It circulates alongside the 1997 notes.
Are old Russian ruble notes still valid?
Yes, the 1997-design notes are. The Bank of Russia lists them as in circulation beside the newer designs, and at the 2022 launch the older 100 ruble notes were reported to remain legal tender without restrictions. The 1997 designs are planned to be withdrawn from circulation by 2035, a plan and not a legal deadline.
What is the India link to the Russian ruble?
Mostly trade and students. In July 2022 the Reserve Bank of India set up a way to invoice and settle trade in rupees through Special Rupee Vostro Accounts, and on 5 December 2025 Russia's president said most settlements between Russian and Indian companies are now in national currencies. Education Ministry data given to Parliament counted 31,444 Indian students going to Russia in 2024, up from 23,503 in 2023.
Buying from India
4 questionsWhat is a Mir card, and can a visitor get one?
Mir is a card network used in Russia, and a visitor can open a Mir card at a bank with a passport. Many banks give it free, including at the Moscow and St Petersburg airports. Sber, the largest Russian bank, also issues a Mir-network Tourist Card for foreign visitors, as The Week reported in May 2025.
Does RuPay or UPI work in Russia?
That is not confirmed. In April 2023 an India-Russia commission agreed only to explore mutual acceptance of RuPay and Mir cards and links between UPI and Russia's Faster Payments System, and no source shows RuPay working in Russia today.
What is the limit on taking rubles out of India?
Up to the equivalent of USD 3,000 per trip can leave India in currency notes, and anything above that goes as a bank transfer, all within the USD 250,000 a year Liberalised Remittance Scheme limit. On the Russian side, a written customs declaration is needed only above USD 10,000 in cash.
How do I get rubles for a trip to Russia?
Order them before you fly, since cash pays almost everywhere in Russia. Matrix Forex, an RBI-authorised Category-II dealer, has Russian rubles on its booking form: send your amount through the booking bar at the top of this page and the desk confirms your exact rate before anything is booked. For the live rate on any amount, see the RUB to INR converter.