Before you travel to Russia, an important task that needs your attention is the general know-how of the Russia currency. Information about Russia currency will not only enable you to exchange money at the local money exchange shop before you depart from Russia, but it will also help you to manage your finances better. 

National Currency of Russia

The Russia currency is the Russian Ruble which is used by locals and tourists who come to Russia. Not only is Ruble the Russia currency but countries like Abkhazia and South Ossetia also use it as their currency. There are 100 kopeks divisions within the Russia currency. The code for Russia currency is RUB, and the exchange rate with the old Russian Ruble is 1 RUB= 1000 RUR. The exchange rate suggests that 1 Russian Ruble is equal to 1.84 Pakistani Rupee. 

History of Russia Currency

Banknotes and coins are frequently used within the Russia currency. Historical analysis reveals that the Russia currency called the Ruble is the oldest currency used by people following the Pound Sterling. Since the 13th centuries, Russian Ruble has been in use by the residents of the various territories under Russian control.  The Russia currency has gone through changes in the past where the first Ruble was introduced between 1992- 1998 and the second Ruble replaced it in 1998. The second Ruble is the Russia currency still used to date. Russia currency is used in all forms of trade and businesses in the country and so has a lot of significance.

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